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Bourevestnik Inc. launches new production facility

13 february 2018
The scientific and industrial enterprise Bourevestnik Inc., a subsidiary of ALROSA Group, has completed the construction of its own production facility for diamond ore processing equipment at the St. Petersburg's Special Economic Zone, Kommersant reports.
The cost of the facility amounted to 1.9 billion rubles, its commissioning is scheduled for April 2018. Meanwhile, construction of the site was completed late.
The existing capacities of Bourevestnik will be transferred to the new production facility from Malookhtinsky Prospekt in St. Petersburg. According to the company, it plans to sell equipment worth 1.3 billion rubles in 2018. The maximum capacity of the new plant in the SEZ in monetary terms is 2.8 billion rubles a year, to be reached by 2022, press service of ALROSA told Kommersant. Analysts say that Bourevestnik will not experience any problems with the sale of its products given that it is a subsidiary of the world leader in diamond mining.
Bourevestnik to both ALROSA and other major diamond producers. At the end of January, it was reported that it supplied and commissioned a set of 27 X-ray luminescence sorters at the new recovery plant of the Cullinan mine in South Africa owned by Petra Diamonds. Analytical instruments produced by Bourevestnik are exported to the UAE, Indonesia and Singapore.