Wednesday, August 11, 2010

Strabag to build cement plant in Bulgaria

Volume € 160 million - of which 90 million for Strabag
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A consortium led by Strabag to build in Devyna near the Bulgarian town of Varna, a cement plant. The order for the entire project is 160 million €, of which € 90 million to Strabag, the company said on Wednesday. The plant will have a daily capacity of 7,000 tons and arise at the site of an existing cement factory for the client Devnya Cement AD, a subsidiary of Italcementi SpA. Consortium of Strabag is the Chinese CMBI, which runs the plant. The work will be started in September 2010 and be completed within 24 months.