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Azerbaijan's steel plant to increase production of metal structures

Business Materials 10 February 2020 13:31 (UTC +04:00)

BAKU, Azerbaijan, Feb. 10

By Matanat Nasibova –Trend:

A major metal processing facility in Azerbaijan - Khirdalan Steel Construction Plant, owned by Azerbaijan’s Akkord Industry Construction Investment Corporation OJSC, will increase the production of metal parts for cement plants and auxiliary structures for metal casting in 2020, a source in the company told Trend.

“To this date, the annual production of the plant amounts to 320-350 tons. In 2020, this indicator is planned to be brought up to 360 - 380 tons. It is also planned to open an additional production line this year. Along with this, the company envisages increasing of production capacity. To this end, new lathes designed for processing steel billets will be installed at the plant. Now the company uses different types of induction furnaces with a capacity of one and two tons, and cold rolled machines have also been put into operation,” the source said.

The company produces metal casting furnaces, heat treatment furnaces, as well as equipment for cooling metal products.

Khirdalan Steel Construction Plant has been operating in Azerbaijan since 2015.

Akkord Industry Construction Investment Corporation OJSC was established in August 2010 and operates in two segments - construction and production.

In particular, the corporation is engaged in the production of various building materials, is a contractor for a number of projects for the construction of road transport infrastructure, and is also involved in the construction of residential complexes in Baku and the Absheron Peninsula.

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