Azerbaijan, Baku, June 30 / Trend N. Ismayilova /
Plant producing mechanoactive bentonitic clay extracted in Dash Salahli field in Gazakh region of joint Azerbaijani -Russian venture AzRosPromInvest plans to transmit its installations from diesel fuel to gas form 2010, chairman of joint venture board Natiq Shirninzadeh said on June 30.
"Presently, the plant operates on diesel fuel. But it hits plant's profitability. So, leadership considers opportunity to direct profit to its gasification," Shirinzadeh said.
Transmission of installations to gas system will cost over $1 million for the plant. It will promote reduction of prime cost of production and improvement of its quality, he said.
The plant gained profit as a result of the first six months of 2009. Earlier joint venture rented industrial production plots in the territories of Azerbaijan and Russia for production of its goods. But it hampered the enterprise to gain profit. The plant has launched full activity since January.
Production capacity of the plant hits 250,000 tons of mechanoactive bentonitic clay per year, 100,000 falls on processing of bentonitic powder.
Total cost of extraction and processing of bentonitic clay from Dash Salahli in Gazakh region hits $24 million compared to initially stated $12 million. Presently, roughly $18 million has been allocated of these funds.
Territory of joint venture hits 345 hectares; 180 hectares of land cover the field.
Term of contract on joint project hits 50 years.
Reserves of Dash Salahli field hit 83 million tons.
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