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RusAl increases investment in Bogoslov Aluminum Smelter by 67% to 400 mln rubles in 2011
Edited by : AL CIRCLE
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UC RusAl increased total investment in the modernization and technical reequipping of the Bogoslov Aluminum Smelter (BAZ, Sverdlov Region) by 67% to 400 million rubles in 2011, the company said in a statement.
The statement said that the funds went to developing alumina and electrolytic production.
For instance, these funds were used for alumina production in the reconstruction of the sintering and calcination furnaces, replacement of pumping and heat exchange equipment, bowman facilities, and steam piping. The funds also went to acquiring a Hitachi loader, which helped to ensure the timely and full unloading of gondola railcars with bauxite in the spring-winter period.
In addition, the company acquired, set up and has already launch a Lampi 50 unit for cleaning aluminum from impurities, which has helped boost the quality of alloy production.
In addition, the installation of a slurry distribution pipeline with leveled bindings has been completed.
Interfax was unable to specify total investment, which RusAl plans to put towards BAZ's modernization in 2012.
It was earlier reported that UC RusAl presented the Sverdlovsk government a plan for BAZ's modernization in March of this year in order to ensure the enterprise's stable operations.
IES-Holding, RusAl, Federal Grid Company UES (RTS: FEES), IDGC Holding, federal and regional authorities signed an agreement in December 2011 for measures to stabilize BAZ's operations. One of these measures is the sale of Bogoslov CHP (combined heat and power plant) to RusAl and the construction of Novogoboslovsky CHP in accordance with an agreement on providing capacity. RusAl, in turn, should ensure the modernization of BAZ (built in 1944) by 2016. This foresees keeping production at a level not below 2011's result and achieving modern technological targets, including energy efficiency.
Bogoslov Aluminum Smelter produces aluminum and alumina, as well as specializes in the production of alumosilic and aluminum-magnesium alloys, which are used in the building of machinery and aircraft, as well as for protecting components from corrosion. Bauxite materials from the Serevouralskoye and Timanskoye fields are used in the plant's production. The enterprise employs 2,140 people.
The statement said that the funds went to developing alumina and electrolytic production.
For instance, these funds were used for alumina production in the reconstruction of the sintering and calcination furnaces, replacement of pumping and heat exchange equipment, bowman facilities, and steam piping. The funds also went to acquiring a Hitachi loader, which helped to ensure the timely and full unloading of gondola railcars with bauxite in the spring-winter period.
In addition, the company acquired, set up and has already launch a Lampi 50 unit for cleaning aluminum from impurities, which has helped boost the quality of alloy production.
In addition, the installation of a slurry distribution pipeline with leveled bindings has been completed.
Interfax was unable to specify total investment, which RusAl plans to put towards BAZ's modernization in 2012.
It was earlier reported that UC RusAl presented the Sverdlovsk government a plan for BAZ's modernization in March of this year in order to ensure the enterprise's stable operations.
IES-Holding, RusAl, Federal Grid Company UES (RTS: FEES), IDGC Holding, federal and regional authorities signed an agreement in December 2011 for measures to stabilize BAZ's operations. One of these measures is the sale of Bogoslov CHP (combined heat and power plant) to RusAl and the construction of Novogoboslovsky CHP in accordance with an agreement on providing capacity. RusAl, in turn, should ensure the modernization of BAZ (built in 1944) by 2016. This foresees keeping production at a level not below 2011's result and achieving modern technological targets, including energy efficiency.
Bogoslov Aluminum Smelter produces aluminum and alumina, as well as specializes in the production of alumosilic and aluminum-magnesium alloys, which are used in the building of machinery and aircraft, as well as for protecting components from corrosion. Bauxite materials from the Serevouralskoye and Timanskoye fields are used in the plant's production. The enterprise employs 2,140 people.
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