Metinvest signed a contract with the leading metallurgical equipment manufacturer, Austrian Siemens VAI. The Contract includes detailed engineering of the new sinter plant construction at Yenakievo Iron and Steel Works.
Mr Viktor Yanukovich President of Ukraine and the President of SCM, Mr Rinat Akhmetov participated in the Contract Signature Ceremony. The Contract was signed by Metinvest’s CEO, Mr Igor Syry and the Vice President of Siemens VAI, Mr Christoph Aichinger.Mr Viktor Yanukovich President of Ukraine said that it has been a great effort undertaken during the recent years. The enterprise was not only preserved, but also modernized significantly. The plant reached good growth rate. We have been concerned about the environment for these years. I am very grateful to the owners, Mr Akhmetov personally, for the real investments that are being made to resolve this issue.In Yenakievo, Metinvest is implementing an ambitious project to build a new sinter plant at EMZ that will meet the most modern environmental and technological standards in the world.As a result of a thorough and lengthy selection process, Siemens VAI was chosen to perform as the Engineering Partner under the Project. Siemens VAI has an extensive experience of building the most advanced sinter plants in the world. Metinvest has already cooperated with Siemens VAI successfully with regards to a number of production facilities at Ilyich I&SW and Azovstal I&SW.Mr Christoph Aichinger vice president of Siemens VAI said that I officially state that EMZ’s sinter plant concept is the best available technology in the world. It is state of the art process and EMZ will become the benchmark both for Ukraine and for the CIS in terms of sinter quality, productivity and ecology.Meanwhile, the Contract with Siemens VAI represents the final stage of preparations for the construction of the new sinter plant at EMZ. In the beginning, the project cost was estimated at USD 250 million.