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Ruscam III

Sector: Government • Location: Russian Federation

Source: International Finance Corporation (IFC)

Project
Completed

The proposed project is an approximately $35 million expansion of the Ruscam glass bottle production plant at Garokhovets, Russia for which IFC has been asked to provide a loan of up to $17.5 million. The project entails the installation of a third furnace with a capacity of 385 tonnes per day as well as a new raw materials batch plant and four new bottle forming lines. The market for these bott

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The project “Ruscam III” is an infrastructure initiative in the Government sector, located in Russian Federation. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

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Email

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Description

Description

The proposed project is an approximately $35 million expansion of the Ruscam glass bottle production plant at Garokhovets, Russia for which IFC has been asked to provide a loan of up to $17.5 million. The project entails the installation of a third furnace with a capacity of 385 tonnes per day as well as a new raw materials batch plant and four new bottle forming lines. The market for these bottles is the premium beer market in Russia. With the addition of this third furnace, Ruscam will begin to produce green bottles, a new product line. Ruscam is 51.85% owned by Sise ve Cam Group of Turkey with other investors holding the balance.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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