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The Belarusian Cement Plant (BCP, the town of Kostyukovichi, Mogilev Region) increased fixed-capital investments 3.3-fold in January-May 2007 to a total of BYR 3.5 billion, a company representative told Interfax.

According to the source, most of the investments are related to the new cement furnace that is to be commissioned later this year.

Over the period in question the plant produced BYR 41.5 billion worth of goods, or 16% up on the year.

The company turned out 347,200 tons of cement, or 11.7% up.

The output of cement packed in sacks (25, 50, 1,000 kg) made 56,000 tons (24.3% up), the source specified.

The Klimovichi branch of the enterprise produced 41.5 thousand tonnes of lime (35.2% up). All lime is sold on the domestic market, the source reminded.

Cement accounted for 989.6% of commodities produced by BCP.

In January-May the company exported $4 million worth of cement (26% up on the year). 79% of the exports fell on the Russian Federation, the rest was shipped to the Baltic States. Domestic sales totalled 297,000 tons of cement (20% up).

As of June 1 the finished goods inventory made 7% on the monthly output, the limit being 20%.

The Belarusian Cement Plant is heavily involved in preparatory works for installing a new furnace. With the new furnace made operational in 2007, the company will be in a position to boost cement output by 500 thousand tonnes. The projected is funded by bank loans, innovation funds of the Ministry of Architecture and Housing Construction and the company's own assets.

The company was set up in 1996. The staff counts 1,450 persons.

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