Dyckerhoff AG has decided to build two cement production lines, worth a total of about US$150m, in Russia’s Sverdlovsk Region, Wolfgang Bauer, chairman of Dyckerhoff’s management board, said Wednesday at a meeting with the government of the Sverdlovsk Region, the government’s press service reported Thursday.
The production lines will be built at the Sukholozhsktsement cement plant based in the town of Sukhoi Log. Dyckerhoff acquired a stake in the plant in 1994 through its Russian subsidiary Dyckerhoff-Cement. As of January 1, 2006 Dyckerhoff AG held 65.96 per cent stake in Sukholozhsktsement.
After the first line has been put into operation, cement output at Sukholozhsktsement will be increased by 1.3Mta to 3.6Mta. With the launch of the second line the output will be further increased by 1.3Mta, the press service said. The first line is expected to be launched in 2007 and the second in January-March of 2008, the press service said, citing Eduard Rossel, governor of the Sverdlovsk Region.