Three Asphalt Concrete Plants

Summa Group and Kredmash Entered into an Agreement to Supply Dagestan with Three Asphalt Concrete Plants Summa Group and Kremenchug Plant of Road Machines (Kredmash, Ukraine) have entered into an agreement to supply Dagestan with three asphalt concrete... More

Summa Group and Kredmash Entered into an Agreement to Supply Dagestan with Three Asphalt Concrete Plants Summa Group and Kremenchug Plant of Road Machines (Kredmash, Ukraine) have entered into an agreement to supply Dagestan with three asphalt concrete plants. The agreement was signed on January 22 in Makhachkala. By the end of March, the Ukrainian company will deliver and set up three asphalt concrete plants in Dagestan, each with a capacity of 1,536 tons per day. They will produce highquality asphalt on the basis of high technologies with the use of mineral additives. The plants will be able to operate either on liquid fuel or natural gas. This project is in line with the management strategy of the state-owned Dagestanavtodor to modernize the region’s road industry. This strategy became feasible when agreements were reached last year regarding cooperation between that state institution and Summa Group. The group expressed its willingness to invest about 700 million rubles in Dagestan Less