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Article: Belarussian Metallurgical Plant to launch development program in 2007.
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- August 23, 2006
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Belarussian Metallurgical Plant to launch development program in 2007
MINSK. Aug 23 (Interfax) - Belarussian Metallurgical Plant (BMZ), the country's largest steelmaker, has drafted a strategic development program for the period to 2025 that calls for gradual modernization of production facilities, a company executive told Interfax.
He did not specify the cost of the program, implementation of which will begin in 2007. However, BMZ plans to invest $50 million of its own funds next year in boosting production.
In future, following the completion of a pipe rolling facility, BMZ plans to begin processing square cast billets and blooms, and ...