Belarus China To Construct soda ash plant in Belarus From Domestic Raw Materials

Belarus, China to construct soda ash plant in Belarus

4:57 AM, 23rd July 2013
Belarus Business News

MINSK, BELARUS: Belarus and China have reached an agreement to jointly construct a soda ash plant in Belarus. The plant will produce soda ash from domestic raw materials. “In 2010 we signed a contractual arrangement and a loan agreement with China’s Export-Import Bank. However, this project was not launched either in 2011 or in 2012 because at that time the requirement regarding the creation of the project with high added value, laid down by the head of state, was not fulfilled,” said Anatoly Nichkasov, Architecture and Construction Minister, Belarus.

“The problem has been resolved. This will be a highly productive plant which will provide Belarus with domestically produced soda ash. We have met with the leadership of the CITIC company and China Chemical Corporation and agreed to arrange a tender. The winning company will get the right to be a shareholder in the project and a co-investor,” added Nichkasov.


© News of Belarus



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