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Swiss firm Sika to open plant in Russia's Volgograd by yearend

The new plant will produce construction materials, using up to 95% domestic materials

VOLGOGRAD, July 18. /TASS/. The Swiss chemical firm Sika will open a plant for the production of construction materials in Volgograd, Yaroslav Bogdanov spokesman with the press service of Sika in Russia told TASS.

"The new plant for production of construction materials will open in Volgograd by the end of the year. This will be the first enterprise in the region to produce liquid additives for concrete used in building industry," Bogdanov said.

He added that mainly domestic materials (up to 95%) will be used in production of additives.

He did not specify the amount of the company's investment in the plant but said that "the investment in construction of the new company will be announced in Volgograd, when the project is launched.

According to the official statement by Sika, the company is to invest 1.5 billion rubles ($23 mln) in the creation of three new plants in Russia (the town of Lobnya, Moscow Region, the cities of Volgograd and Yekaterinburg).

The future plant will produce construction materials for Southern, Crimea and Volga Federal Districts.

The production capacity of the Volgograd plant is 5,000 tonnes of additives per year in case it operates in one shift. At maximum load (three shifts) this figure is 15,000 tonnes per year.

The new plant in Volgograd will meet all international requirements for environmental friendliness and safety. Waste water will be purified and then re-used in industrial processes.

Sika is an international chemical company, world leader in the production of materials and technologies for the construction and transport engineering. The company consists of manufacturing plants, research laboratories, technical support centers and sales offices in 90 countries. The company employs more than 16,000 people.

In Russia, the company has three plants for the production of additives to concrete, a factory for production of construction dry mixes and 5 branches in different regions of the country with its headquarters in the city Lobnya, Moscow Region.