Russian cement producer Topkinsky Tsement has received a RUB1bn loan from Sibirsky Bank, a unit of Russia’s Sberbank, the bank said in a statement on Wednesday.
Topkinsky Tsement, a unit of Russian holding Sibirsky Cement, used the funds to finance the construction of a new kiln, which was launched earlier in May.
Topkinsky Tsement is located in the Kemerovo Region. Published under Cement News