Holcim Ltd plans to construct cement plant in Saratov region

Holcim Ltd plans to construct cement plant in Saratov region
Published: 14 February 2007

Holcim Ltd is reported planning to construct in Volsk (the Saratov region) a cement plant to produce around 3Mt of cement under dry technology on the basis of one of cement deposits - Krasniy October in Volsky district of the Saratov region. The Russian arm of Holcim - Alfa Cement holding 68.81% of Volskcement shares - will implement the project. Its value will total $400-900mln versus payback period of 7-10 years. The presentation of the project to the government of the Saratov region is scheduled for March 2007, Kommersant in Volgograd said.