SUAL Group, which has recently reported its production results for the first nine months of 2006, has commissioned a new plant to produce non-stick aluminimum cookware. The investments in the project made the amount of $16 million.
The plant which is located in Moscow Region is expected to produce 500,000 units in 2006. In 2007 the plant will begin producing cookware at full capacity at 5.5-6 million units per year. SUAL expects that by 2009 the two plants will produce 10 million units of a wide range of non-stick aluminium cookware, from mass-market to premium-market goods.
The main raw materials for the plant will be delivered from three leading Russian manufacturers of aluminium semi-finished products: Kamensk-Uralsky Metallurgical Plant, Samara Metallurgical Plant and Stupino Metallurgical Plant. The plant will be certified under the quality management system and the environmental management system.
It was stressed by SUAL Holding Senior Vice President that the commissioning of SUAL Group’s new plant is in line with its strategy to focus on manufacturing value-added products, and the downstream production of aluminium culminates the work of all the production divisions and serves their final goal of creating ready-made consumer goods, supplying the Russian domestic market with high-quality products.
SUAL Group’s assets are owned by British Virgin Islands registered company SUAL International. Sual is a vertically integrated company, whose enterprises form a full production cycle, from bauxite extraction (over 5.4 million tonnes a year), alumina refining (about 2.3 million tonnes a year) and primary aluminium production (more than 1 million tonnes a year) to the manufacturing of aluminium semi-finished and finished products.