Kuznetsk cement plant investment

Kuznetsk cement plant investment
Published: 02 January 2007

’Caspian Resources’ of Kazakhstan, which acquired 100% of the shares of Kuznetsk Cement Plant (Kemerovo region) will invest RUR200m in the plant development in 2007, said Sergey Chernev, the plant’s Director General. The funds will enable the plant to double cement production to 700,000tpa, which will be the first stage of production development. By the beginning of 2009, production volume could grow to 1Mta.