RUSAL repurpose five plants
Problematic Rusal aluminum smelters - Theology, Nadvoitsky, Ural, and Kandalakshsky Volkhovsky - will continue to work and will be redeveloped: they will switch to the production of high-tech products requiring lower cost of electricity, this in an interview to #39;Rain#39; said the owner of the holding Basic Element (Basel) Oleg Deripaska.
`We perform all obligations to their employees, of course. What is the salary of the day. If we decide to optimize the size, we agree with them and decide in accordance with collective bargaining agreements. There is a small electrolysis, which does not survive in today#39;s environment, when we brought the price of electricity: The situation there is that it is actually above the world - if we add transport costs, low productivity, high cost of capital, the inability to quickly carry out the modernization #39;- he said .
Oleg Deripaska also noted that the decision they made: reduce the electrolysis as much as you need to be metal for the production of higher added value products.
`It#39;s real competitive advantage: a liquid metal that can be used to make alloys, further to produce wire rod specifically for the cable industry, powders for construction foam machines. We will create a virtually new production of these cities, there are in fact retain employment. But I just see that this is not enough.
It is not enough in a city where 50-60 thousand people working on a two thousand #39;- he said.
The businessman also said that the decision on the new production of Rusal taken in conjunction with the Ministry of Economy. `Searched in conjunction with the Ministry of Economy. By the way, one of the few sane ministers in the government today, to be honest about the situation #39;, - said Oleg Deripaska.
Previously, the Board of Directors approved a long-term program Rusal reduction of 275 tonnes of primary aluminum on Nadvoitsy (NAE), Bogoslovovskom, Volkhovsk (WHA) and Novokuznetsk (NkAZ) aluminum smelters. In connection with the situation on the basis of several activists held a hunger strike on Sept. 3, Sept.
17 the action was suspended in connection with the signing of an agreement between the company and the Sverdlovsk region, the leadership base and trade union committee of the trade union Russian mining and metals.
Rusal has decided to cut production at its plants, because I thought that the high electricity tariff for base make inappropriate modernization economically and environmentally inefficient electrolysis production. In this case, the company promised to create new jobs and operation of an aluminum complex in the Sverdlovsk region Rusal and the government of the region, with the participation of Vnesheconombank will hold a series of activities, including integration into the aluminum and alumina production capacity for the production of heat, steam and electricity on the basis of the Theological and Novobogoslovskaya CHP in Krasnoturyinsk and Krasnohorská CHP in Kamensk-through repurchase.
Earlier, Minister of Economic Development Andrei Belousov reported that Vnesheconombank will consider investment application into a credit facility in the amount of $ 55 million for the modernization of two plants of the Sverdlovsk region - Urals Aluminum Plant and Theological aluminum plant. According to Rusal, from $ 55 million to modernize the foundry on the base will be sent to about $ 25 million, and at the Urals Aluminum Plant - $ 30 million
