New US$3bn engineering plant to build dry lines for Eurocement

Byrebecca3360

Updated Mon, 11 Aug 2014 09:30:29 GMT

Russia: Eurocement Group and China Triumph International Engineering (part of CNBM), have announced a project to build a mechanical engineering plant in the Ulyanovsk region in Russia's Volma Federal District. Total investments are estimated at US$3bn according to regional press. The implementation of this project was decided upon at a meeting of Ulyanovsk Governor Sergey Morozov, Eurocement Group President Mikhail Skorokhodov and representatives of China Triumph International Engineering.

The facility will make equipment for the cement industry as well as equipment for automotive, railway, oil and gas, chemical, defense and nuclear industries.

Skorokhodov said that Eurocement was currently implementing an 'unprecedented' phase of building new dry-process cement plants. It aims to increase its dry cement production ratio to 100% by 2018.