Metinvest to Enhance Environmental Safety, Reliability at Yenakiieve Steel
07/06/2011 - Metinvest has begun capital repair works of steelmaking and power units at Yenakiieve Steel to enhance environmental safety, cost effectiveness, and functional reliability of the process equipment. The project is scheduled for completion this November.
Metinvest began capital repair works of steelmaking and power units at Yenakiieve Steel (included in Metinvest Group) in the beginning of July as part of a program aimed at production facilities continuous improvement, reconstruction, and upgrading.
Project investments will amount to about UAH 200M. The main focus of such repair activities is to enhance environmental safety, cost effectiveness, and functional reliability of the process equipment. The company notes that this is the largest-scale repair campaign since the maintenance block-type system was introduced four years ago.
The repair works scope covers all production subdivisions and comprises 29 main steelmaking and power units. The project is scheduled for completion this November.
The company says that a “considerable production drop” is not expected due to preliminary preparation of the repair activities and operation stimulation of the units not involved in the repair process. It intends to meet contractual obligations in due time and in full.
