NLMK says to invest 4.4 bln rbl in upgrade of heating furnace - Metals & Mining - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

NLMK says to invest 4.4 bln rbl in upgrade of heating furnace

MOSCOW, Apr 3 (PRIME) -- Russian steelmaker Novolipetsk Steel (NLMK) has started construction of a 4.4 billion ruble upgraded heating furnace in a hot-rolled metal production facility in the city of Lipetsk to raise hot-rolled metals output by 110,000 tonnes a year, the company said in a statement on Wednesday.

The new furnaceТs capacity stands at 2.25 million tonnes a year. It will improve the quality of production, cut power consumption by 50%, and reduce atmospheric emissions. NLMK plans to finish construction in September and to launch the furnace in October.

(65.4726 rubles Ц U.S. $1)

End

03.04.2019 13:14
 
 
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