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Dneprometiz Implementation of New Investment
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2011-09-15
The Severstal-Metiz(Subsidiaty of Severstal Russian Steel)located in Dneprometix of Ukraine has currently undergone the implementation of new investment project by establishing 6 new production lines in cope with increasing factory output.
Currently the production site for metallic fiber is distributed in Cherepovets City and Dnepropetrovsk City. The demand for metallic fiber is quite huge in Europe, and for one country such as Finland, Severstal-Metiz has completed 20 metallic fiber projects in the most recent year. 
General Manage of Dneprometiz, Oleg Kovtonyuk stated: "We are planning to substantially increase our sales volume this year. In addition to our existing clients and partners, we plan to search for new clients in Eastern/Western Europe, Ukraine and other countries."
Under such plan, Severstal-Metiz is scheduled to implement some measures and investment projects that will facilitate the production of metallic fiber. For example,  Dneprometiz will use the new equipment for producing HENDIX 1/50 and HENDIX PRIME 75/52 metallic fiber, while the new production equipment will increase production output of 1,600 tons annually for Dneprometiz.
One plan of this investment project involves increasing the productivity of Cherepovetsk Branch Company and starts to use the new equipment for producing HENDIX metallic fiber this year. The products will be distributed to partners in Russia and Ukraine according to marketing and transportation demand.
This June, Severstal-Metiz has passed the full manufacturing and quality inspection for metallic fiber. The experts conducting inspection reviewed the production quality management system, legal and technical documents, production process, inspection tools, product quality, and metallic fiber quality of the factory, to see if the documents comply with relevant standards. 
Oleg Kovtonyuk pointed out that the inspection in June confirmed that the products of Dneprometiz fully comply with European quality standards, which proves again that Dneprometiz is a reliable metallic fiber supplier.
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reference from Metiz, "Fasteners, Adhesives, Tools and ..."
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2011-09-15

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