Ukraine: Ivano-Frankivskcement building special cements plant

Ivano-Frankivskcement has started building a new plant producing special cements used in roadbuilding and mining sectors, including the shale gas production segment. The new plant's capacity will be 1 million tonnes of products a year, with its staff numbering 300 people. The project will be funded by five banks: the World Bank, EBRD, Danshe Bank, Raiffeisenbank, and Ukraine's Ukreximbank, with the loan agreement signed on 5 August, 2013.
August 12, 2013 Read time: 1 min

Ivano-Frankivskcement has started building a new plant producing special cements used in roadbuilding and mining sectors, including the shale gas production segment.

The new plant's capacity will be 1 million tonnes of products a year, with its staff numbering 300 people.

The project will be funded by five banks: the 4625 World Bank, EBRD, Danshe Bank, Raiffeisenbank, and Ukraine's Ukreximbank, with the loan agreement signed on 5 August, 2013.

The new enterprise will be launched in Q3, 2014.

For more information on companies in this article

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