Eurocement has signed a number of contracts with companies within the Sinoma, CNBM and Sinomach Groups for the supply of equipment to new cement plants in six different regions of Russia (Leningrad, Ryazan, Bryansk, Arkhangelsk Ulyanovsk and Samara Region). The contracts will have a total value of more than US$500 million.
The new plants will be more energy efficient and environmentally friendly, manufacturing cement using the dry process, and are expected to have a production capacity of around 17 million tpa of cement. The formal signing ceremony was held in Shanghai in the presence of Vladimir Putin, President of the Russian Federation, and Xi Jinping, President of China.
Implementation of these plants will result in increasing energy efficiency by approximately double, more than tripling productivity and reducing environmental impact by more than double (compared with the standard indicators). Upon completion of the new facilities in 2018, the percentage of plants using the dry process for cement production in Russia will reach around 63%.
"At present, China produces more than 60% of the world’s cement (more than 3 billion t) and holds a leading share of the dry energy efficient cement method, which was made possible thanks to the intensive development of the building materials industry,” said the Chairman of the Board of Directors of Eurocement Group, Filaret Galchev.
Galchev further stated that the new contracts represented a transition to the “active phase of the programme of the construction of new plants” and noted the significance of the project to the development of the construction industry in Russia.
Adapted from press release by Rosalie Starling
Read the article online at: https://www.worldcement.com/europe-cis/21052014/sinoma_cnbm_and_sinomach_to_supply_equipment_for_eurocement_229/