The Ukrainian Metal

Ukraine: Interpipe to invest $100 million in modernization and environment projects

Interpipe investment portfolio in the near term will amount to $100 million.

The company plans to finance a number of projects to decrease CO2 emission, improve energy efficiency of the manufacturing process and allow making products corresponding to international standards.

According to the company CFO Denis Morozov, the state could also help modernize the industry by decreasing customs duties and taxes on machinery for environment projects, as well as stimulating the decrease of loan rates. (Ukrainian metal)

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