The basic design for the construction of a new facility at Karabashmed, CJSC has been approved

27.12.2011 — News

CHELYABINSK REGION.

The final version of the basic design for the construction of the new sulfuric-acid facility at Karabashmed, CJSC (a subsidiary of Russian Copper Company) has been approved at the very end of 2011. The design was developed by the Chinese company CIMM Co. Ltd.

Karabashmed, CJSC's project to modernize its production of sulfuric acid is an important part of the company's plan to upgrade its technical equipment. Once the new facility is operating, it will be able to treat 230 thousand cubic meters per hour of gas emissions from metallurgical production, thus ensuring full disposal of the sulfur dioxide.

Mikhail Borisov, the deputy director of metallurgy at Russian Copper Company, CJSC, told RusBusinessNews that 2011 and 2012 mark the start of some major transformations within the company. A program to build and modernize the company's metallurgy, energy, and chemical facilities is scheduled for 2011 to 2016. A total of about 7.8 billion rubles has been invested in the modernization of Karabashmed, CSJC since 2004, when the firm was incorporated into Russian Copper Company.

In 2011, 767.2 million rubles was invested in construction and installation work at Karabashmed, CSJC, including 230 million rubles to build the new sulfuric-acid facility. There are plans to spend between three and four billion rubles on this work next year.