In 2013, Eurocement invested more than RUB257 million in its Russian subsidiary Maltsovsky Portlandcement in order to improve product quality, reduce energy costs and become more environmentally friendly. The funding implemented a number of major projects over the course of the year. Total investment in the company over the past four years has exceeded RUB782 million.
- Towards the end of 2013, Czech company Cipris Filtr Brno was commissioned to supply a new jet filter for the cooler of rotary kiln no. 7 at the Maltsovsky Portlandcement plant. The cost of the project amounted to RUB24.5 million.
- In 2013, Aumund was commissioned to deliver a SamsonTM surface feeder and a type BWZ central chain vertical bucket elevator, plus a type TKF drag chain conveyor, to the Maltsovsky Portlandcement plant at a cost of RUB27 million.
- Eurocement also invested some RUB20 million in project development at the plant and the installation of bag filters in cement mills 11 to 16.
- More than RUB39 million was invested in the purchase of new motor vehicles, including two Caterpillar mining trucks, one KamAZ dump truck and GAZ aerial platform with a hydraulic ram based on the car.
- In September 2013, a railway transportation department was put into place to operate a new TEM-18 shunting locomotive, manufactured by Bryansk Engineering Works, at a cost of around RUB45 million. The locomotive was designed to reduce diesel consumption and the cost of maintenance and repairs. Some RUB6 million was also invested in the installation of satellite monitoring systems on other locomotives. The new systems provide real-time information regarding the route of vehicles with full telemetry information (location, distance, speed, full-time state sensors and actual fuel consumption). The technology will reduce the cost of fuel and lubricants, provide continuous monitoring of the rolling stock and its technical characteristics, optimise logistics and improve the service life of the vehicles.
- Furthermore, Eurocement provided the funding for a RUB9 million high-pressure gas pipeline, which will supply the Maltsovsky Portlandcement plant. The 280 m pipeline will be put into operation in mid-2014.
Adapted from press release by Rosalie Starling
Read the article online at: https://www.worldcement.com/europe-cis/06022014/eurocement_increases_investment_in_russian_subsidiaries_704/