China's Tianjin Cement Industry Design & Research had completed all engineering design works for the cement production line of
Costing €275 million, the plant will have a daily clinker capacity of 5,000tonnes.
Meanwhile, the German group's
The market is recovering with the annual growth of 5% say players in the Russian cement market, and the north-west region of Russia has a high market potential.
According to Cesla, the plant provides more than 20% of the St. Petersburg cement market, and its main competitor in the market,
According to BaselCement, in 2010 the cement market of north-west will amount to 3.1 million tonnes against 2.31 million tonnes in 2009.