|
contents | news | |||||||||
| HeidelbergCement invests in Russia HeidelbergCement has signed an investment agreement for the Russian Saratov region. It includes the acquisition of a majority stake in the Russian cement company Volsk (formerly known as Kommunar). The plant has a cement capacity of 210,000 tonnes and is located in Volsk in the Volga region, 150 km from the city of Saratov and around 1,000 km from Moscow. Together with a local partner, the Wolga-Deutsche Business Group NCP, HeidelbergCement will modernize the production facilities. In addition, a modern and ecologically sound cement plant with a cement capacity of 2 million tonnes will be newly built in Volsk by the end of 2008. At the end of 2005, HeidelbergCement had already acquired the cement companies Buchtarma Cement in Kazakhstan and Doncement in the Ukraine. write your comments about the article :: © 2006 Construction News :: home page |