RATM to expand production, Russia

RATM to expand production, Russia
Published: 30 June 2006

The RATM group has announced it will start construction of a second line at Iskitimcement, Russia. The new line will have a capacity of 1.3Mta with an investment of around US$120m.  RATM will finance under 30 per cent of the cost by itself and tap banking loans for the remainder.