1 Sep '10
China Light Industrial Corporation for Foreign Economic and Technical Co-operation (CLETC) and Oryol firm Mineral intend to launch a $40m brick plant in Oryol, Kommersant reports.
The project is reportedly to be financed with a loan from a Chinese bank.
The plant’s projected annual capacity is 60 million bricks.
Construction is scheduled to start in H2 2011, with the plant to be put into commission in Q2 2013.