MMK Illicha Acquires PCI Workshop
11 February 2008
According to Interfax, MMK Illicha (MMKI: BUY) bought a China-made pulverized coal injection workshop, which will improve its cost efficiency by decreasing gas dependence. It is scheduled to come onstream in April 2008. Previously, MMK Illicha announced that it planned to reduce natural gas consumption by 37% to 950 mcm.
