German company MC-Bauchemie to invest $1.6 million in building materials plant near Kyiv [Yahoo! Finance]
RHEINMETALL AG UNSP/ADR (RNMBY)
NASDAQ:AMEX Investor Relations:
rheinmetall.com/en/rheinmetall_ag/corporate_social_responsibility/stakeholder_2/investoren_2/index.php
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Source: Yahoo! Finance
"We intend to build a new line for special building materials, such as various polymer-cement mixtures for structural concrete repair, toppings for industrial floors, waterproofing materials, and high-performance tile adhesives," he said. The estimated investment will amount to 1.5 million euros ($1.6 million). MC-Bauchemie will invest its own funds in the project, according to Pryymachenko. Read also: Germany's Rheinmetall plans by 2024 to launch plant in Ukraine to build Fuchs and Lynx vehicles "We are currently in the process of obtaining a guarantee from international organizations for military risks," he said. “We are considering options – the German government or MIGA (Multilateral Investment Guarantee Agency -ed.) from the World Bank.” The new line in Berezan could be launched at the end of 2025. MC-Bauchemie Group was founded in 1961 and is one of the leading international manufacturers of construction chemicals and technologies. It is represented in more than 50
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