Metinvest signs environmental project in Ukraine

Metinvest Group signed a contract with Italy’s Termokimik Corporation, a producer of environmental equipment for industrial companies, to develop the basic engineering for the upgrade of the sinter plant at Ilyich Iron & Steel Works of Mariupol (MMKI). Total investments in the project amounts to approx. USD 220M. This is the largest environmental project in the history of independent Ukraine. The reconstruction of the sinter plant will allow the enterprise to achieve international environmental standards in terms of emissions of dust and sulphur oxide.

The contract for the first phase of the project, the development of basic engineering, was signed by Metinvest Group CEO Igor Syry and Termokimik Corporation President and CEO Gianluigi Castellani.

The project to reconstruct the gas cleaning system at MMKI’s sinter plant includes replacing the existing equipment with state-of-the-art equipment to clean gas from dust. Plants for cleaning sinter gas from sulphur oxide will also be built. The first phase of the project involves basic engineering and design, with manufacturing and installation of the equipment to begin in 2015. The completion of all of the reconstruction phases is scheduled for 2020.

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