Eurocement President Mikhail Skorokhod met with the Head of the Administration and the President of the Karachay-Cherkess Republic to discuss the investment project at Kavkazcement, where the company is building a new 3 million tpy dry process cement plant.
Mr Skorokhod explained that the investment project would create one of the most modern enterprises in the Republic and would promote the social and economic development of the region.
Eurocement signed the contract for the new plant with Sinoma International Enfineering Company on 9 November 2014 during the Beijing XXII APEC summit. Simona is contracted to supply complete sets of equipment, design, installation and training of personnel.
President Rashid Temrezov thanked Eurocement for its investment in the region.
Adapted from press release by Katherine Guenioui