An industrial cluster is being created in Volgograd on the territory of the Khimprom works.
In 2020 Volgograd Electrometallurgical Works will start operating there.
The plant will produce ferrosilicon.
At first the company will manufacture 24 thousand tons per year, but there are already plans to increase capacity.
Some 150 jobs will be created.
Investments will total 1.2 billion rubles. (Ukrainian metal)