Extension of the project implementation


On April 06, 2018, were signed AMENDMENTS Nr. 2 to the contract No. / 16 / A / 040, which extend the project implementation until 48 months, that means until December 2020. The decision of the project extension was taken due to the highly volatile situation in the raw materials market. For our material segment, the price increase now stands at 60%, which inevitably leads to a rise in prices for end products. We cannot predict the consequences of this price increase, so the project implementation is being extended.

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