Russia: €200mn to be invested in AFECC/Mitline's cement plant

China's Anhui Foreign Economic Construction Group (AFECC) and Moscow-based Mitline will build a cement plant in the Sverdlovsk region (Urals) of Russia. Its output capacity will total 1.2 million tonnes/year, and the investment will amount to approximately €200 million with AFECC providing 85%, and Mitline 15%. The new plant will use dry production method, and experts think that there will be demand for the plant's products as the region is close to cement deficit.
November 14, 2013 Read time: 1 min

China's Anhui Foreign Economic Construction Group (AFECC) and Moscow-based Mitline will build a cement plant in the Sverdlovsk region (Urals) of Russia. Its output capacity will total 1.2 million tonnes/year, and the investment will amount to approximately €200 million with AFECC providing 85%, and Mitline 15%.

The new plant will use dry production method, and experts think that there will be demand for the plant's products as the region is close to cement deficit.

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