Cement News tagged under: Akkermann Cement
Akkermann Cement acquires unfinished Kaluga Cement plant19 April 2022, Published under Cement NewsRussia’s Akkermann Cement , owned by USM Holding , has acquired the Kaluga Cement Plant for RUB8.95bn (US$110m) at an auction, reports Esmerk Russian News. Kaluga Cement was declared bankrupt in 2018. The plant was expected to have a capacity of 3.5Mta when commissioned, but the construction works were never completed. To take the project to a successful completion, it is expected Akkermann Cement will have to spend at least RUB30bn. |
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