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22 August, Wednesday

Ufa   °

Bashkortostan Government signed agreement on quarry stone development project

Economy/Business

UFA, 25 May 2018. /Bashinform News Agency, Galina Bakhshieva/ translated by Tatiana Aksyutina/.

The Prime Minister of the Republican Government Rustem Mardanov and co-owner of the TECHNONICOL company Sergei Kolesnikov signed an agreement on investment intentions to implement a project for the quarry stone development at the St. Petersburg International Economic Forum. Investments in the project will exceed 120 million rubles, the press service of the Government of Bashkortostan informs.

The TECHNONICOL Corporation has already an operating plant "StroiMineral" in Uchaly, which produces a dressing compound for roofing.

Within the framework of the new agreement, it is planned to develop a quarry of high-quality mineral raw materials for the hot technology production of pellets used in manufacturing insulating roofing materials. According to the project it is planned to produce annually 200 thousand tons of quarry stone.

The project is planned for 2018-2020. The quarry development will ensure uninterrupted supply of raw materials to the plant in Uchaly, increase labor productivity and ensure stable quality of final products.

The TECHNONICOL Corporation includes 53 production sites in seven countries of the world: Russia, Belarus, Lithuania, Czech Republic, Italy, Great Britain Germany.

The company's products are supplied to 95 countries.

Revenues amounted to 79.17 billion rubles for the year of 2017.

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