In comparison with the year 2005 in 2006 Kombinat Magnezit JSC (makes part of Magnezit Group Ltd.) increased production of refractory bricks by 7,3 % — up to 387,4 thousand tons and production of salable powders — by 11,7 % up to 805,9 thousand tons.
Volumes of sales of refractoró products by Magnezit Group in 2006 will amount by preliminary estimates to about 1 million 580 thousand tons which exceeds nearly by 15 % the last year levels.
For the professional presentation of its products and services at the international exhibition «Metal-Expo-2006» Magnezit Group was awarded with a Diploma and a memorable cup «For the best exposition at «Metal-Expo-2006». Besides within the framework of competition of projects for modernization of operating equipment, for development and introduction of new technologies, equipment and metal products Magnezit Group was awarded with the Silver medal and Diploma of Laureate of this international specialized exhibition.
At the gas-distributing stations ¹ 1 and 2 of Kombinat Magnezit JSC (which makes part of Magnezit Group Ltd.) there was installed a new unique complex for taking stock of natural gas. There is no similar equipment anywhere else in Russia.
Leader of refractory industry on Russian and CIS market — Magnezit Group Ltd. strengthens its positions on foreign markets and expands its sales channels in Europe. The main site of the Group on the European market bringing together production facilities, warehouses and a wide sales network is the enterprise Dalmond Feuerfest Siegburg GmbH & Co. KG which became part of the Holding in August 2005. During a year work in the structure of the Holding the plant produced and sold to the biggest European consumers more than 10 thousand tons of refractories. In 2007 the Group intends to double the total production volumes of the plant — up to 20 thousand tons of refractory masses and 2 thousand tons of shaped refractories.
Leader of refractory industry on Russian and CIS market Magnezit Group JSC began development of magnesite deposit Goluboye in Krasnoyarsky krai (Razdolinsk settlement, Motyginsk district). At the end of August of current year mining works began to strip the reserves. Industrial mining and shipment of raw material is planned for the turn of the year 2006 and beginning of 2007. In 2007 — 2009 Magnezit Group is planning to construct a new industrial complex for raw materials processing. It will be built in the immediate proximity from the deposit. Total investments in this project will exceed 1 billion rubles.
Magnezit Group Ltd. will be the first in Russia to begin industrial — scale production of calcined magnesite. Total investments into this project amount to 245 million rubles.
Pre-cerification audit of ecological management system and industrial safety management system took place at Kombinat Magnezit JSC (which makes part of Magnezit Group Ltd.)
Kombinat Magnezit JSC (makes part of Magnezit Group Ltd.) increased production of refractory shaped products by 5% in the first half of 2006 in comparison with the same period of 2005, namely up to 191,3 thousand tons. Production of salable powders was increased by 13,6% — up to 390,2 thousand tons.