Belarusian Metal Plant's Fixed Capital Investments Rose 81.4%
OREANDA-NEWS. Zhlobin-based Belarusian Metallurgical Plant (BMZ) raised fixed capital investments 81.4% in January-April 2013 to USD 521.5 million, an official with the plant told.
The company’s sales proceeds totalled USD 570.286 million, exports - USD 427.3 million. Europe accounts for 34.6% of BMZ exports, Russia – 36.6%, Africa and the Middle East – 22.5%, the United States – 5.4%, South-East Asia – 0.15%.
The official informed, Kelly Pipe of the United States is interested in purchasing more BMZ-made products, including pipes for oil industries.
During their visit to Belarus in April 2013, Kelly Pipe placed a first order for oil pipes.
Kelly Pipe is a prominent distributor of pipes on the US market.
State company Belarusian Metallurgical Plant was launched in 1984. BMZ exports about 85% of its output. Non-CIS countries account for more than 70% of the BMZ’s exports.
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