Miory Rolled Metal Plant plans to develop tin-plated steel via BUCE
<p> MINSK, Jul 30 - PrimePress. Miory Rolled Metal Plant Ltd (ММРZ, Vitebsk Oblast) plans to promote exports of tin-plated steel via instruments provided by the Belarusian Universal Commodity Exchange (BUCE). ММРZ and BUCE have made an agreement to this effect following the metal maker’s visit to the BUCE office on July 29. </p> <p> </p> <p> As previously reported, ММРZ plans to launch the first technological unit - cold rolling mill - in Q3 2020. The plant has completed the mechanical installation of three more units of processing equipment, and the final stage of installation of the fifth unit. After their launch, the plant will start full-scale operation. The metal company’s capacity will be 150,000 tonnes with a possibility to expand to 240,000 tonnes per year. </p> <p> </p> <p> Miory Rolled Metal Plant Ltd is being built on an area of about 40 hectares. The new plant will be the only manufacturer of tin-plated steel in Belarus. The company will also produce cold-rolled steel. The plant plans to export the bulk of its products. The volume of foreign investments in the project is €360 million euros. The project is financed at the expense of an interbank credit from Germany’s AKA Export Finance Bank, credits by Russia’s VTB Bank and Roseximabank, and also Belarusbank. </p> <p> </p> <p> The main investor of MMPZ construction is MMRZ GmbH (Austria). The equipment and technologies were supplied by SMS Group GmbH (Germany). The general designer of the plant is MetPromStroi (Russia), the general contractor of the project is Minskpromstroi OJSC. End </p>
2020-07-31
Primepress
Miory Rolled Metal Plant plans to develop tin-plated steel via BUCE
MINSK, Jul 30 - PrimePress. Miory Rolled Metal Plant Ltd (ММРZ, Vitebsk Oblast) plans to promote exports of tin-plated steel via instruments provided by the Belarusian Universal Commodity Exchange (BUCE). ММРZ and BUCE have made an agreement to this effect following the metal maker’s visit to the BUCE office on July 29.
As previously reported, ММРZ plans to launch the first technological unit - cold rolling mill - in Q3 2020. The plant has completed the mechanical installation of three more units of processing equipment, and the final stage of installation of the fifth unit. After their launch, the plant will start full-scale operation. The metal company’s capacity will be 150,000 tonnes with a possibility to expand to 240,000 tonnes per year.
Miory Rolled Metal Plant Ltd is being built on an area of about 40 hectares. The new plant will be the only manufacturer of tin-plated steel in Belarus. The company will also produce cold-rolled steel. The plant plans to export the bulk of its products. The volume of foreign investments in the project is €360 million euros. The project is financed at the expense of an interbank credit from Germany’s AKA Export Finance Bank, credits by Russia’s VTB Bank and Roseximabank, and also Belarusbank.
The main investor of MMPZ construction is MMRZ GmbH (Austria). The equipment and technologies were supplied by SMS Group GmbH (Germany). The general designer of the plant is MetPromStroi (Russia), the general contractor of the project is Minskpromstroi OJSC. End