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News Karaganda cement plant secures US$3m loan from VTB Bank Kazakhstan

Karaganda cement plant secures US$3m loan from VTB Bank Kazakhstan

Written by Global Cement staff 12 May 2017
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Kazakhstan: Karaganda cement plant has secured a US$3m loan from VTB Bank Kazakhstan to finance production growth at the unit. The Bank and Karcement JSC, which owns the cement plant, signed a corresponding agreement within the state program aimed at the development of domestic producers, according to the Trend News Agency. The plant has a production capacity of 3.6Mt/yr and it had been in operation since 1953.

Last modified on 17 May 2017
Published in Global Cement News
Tagged under
  • Kazakhstan
  • VTB Bank Kazakhstan
  • Loan
  • Karcement
  • GCW302
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