Central regions | Industry, manufacturing

Lafarge to build $575m cement plant in Kaluga

22 Jun '09
French building materials manufacturer Lafarge is to invest $575m building a plant to produce cement in Kaluga region, website Arendator reports.

The plant is reportedly to be built at Borschevsky deposit in the regions Ferzikovo district.

Timeframes for the project have yet to be disclosed.

Marchmont wrote that in April last year the company announced plans to build four cement factories in Russia: in Kaluga, Rostov, Krasnodar and Chelyabinsk regions (see news of April 16, 2008). However later in the year the company cut its investment program due to the fall in demand for cement.
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Locations: Kaluzhskaya oblast

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