# Akkermann Cement to build $442M cement plant in Kaluga, Russia

Akkermann Cement plans to invest US$442 million in constructing a 3.5Mt/yr cement plant in Kaluga Oblast, Russia. The project is expected to be completed in late 2027 and will create 400 jobs.

- Type: New facility
- Announced: 2022-06-17
- Where: Kaluga Oblast, Russia
- Value: $442.0M
- Jobs: 400
- Starts operating: 2027
- Status: announced
- Capacity: 3.5 million tonnes per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [AKKERMANN CEMENT](https://endata.com/companies/57077.md)

## Sources

- [globalcement.com](https://www.globalcement.com/news/14926-akkermann-cement-to-invest-us-442m-in-3-5mt-yr-kaluga-cement-plant-construction), 2022-06-17: "Akkermann Cement reportedly plans to invest US$442m in its construction of the upcoming 3.5Mt/yr Kaluga cement plant."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.