Talc and cement plants to be put up in Sverdlovsk Region

29 October 2007 (08:52)

The top executives of CZMT Invest AG (a Czech-German joint venture) and Rosinvestprom UTC signed an agreement regarding the construction of talc and cement plants in Sverdlovsk Region on October 25, 2007. The region’s government reports CZMT Invest AG intends to finance the creation of Ural Talc Complex; as for the cement works, the construction process is expected to cover several stages. The plant will only be producing a few standard kinds of cement at first, but these will be made on the basis of the newest technologies. This means some equipment with capacity of up to 1 million tons of cement a year will have to be acquired abroad.

The location of the future plants has not been revealed yet due to danger of dramatic land price growth in prospective allotments.

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