GERMANY COKING PLANT EIB LOAN – STEEL
March 1st, 2006
BY ALAN OSBORN
The European Investment Bank is providing EUR 137 million to the German steel company Huttenwerke Krupp Mannesmann for the extension of a coking plant at Duisburg-Huckingen. The EIB loan will cover about half the total cost of the project which will raise the plant's capacity from 1.1 to 2.2 million tonnes a year in order to meet demand from the steel works.
ENDS
The European Investment Bank is providing EUR 137 million to the German steel company Huttenwerke Krupp Mannesmann for the extension of a coking plant at Duisburg-Huckingen. The EIB loan will cover about half the total cost of the project which will raise the plant's capacity from 1.1 to 2.2 million tonnes a year in order to meet demand from the steel works.
ENDS
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