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MMK Group plans to significantly increase budget for environmental initiatives in 2015 17.04.2015

MMK Group plans to significantly increase budget for environmental initiatives in 2015

OJSC Magnitogorsk Iron and Steel Works ("MMK" or “Company”) plans to implement 72 initiatives within its approved 2015 Environmental Programme with a budget exceeding 3.3 bln roubles*, covering all the mill’s production plants and MMK Group entities.

Traditionally, the major projects are aimed at decreasing pollutant emissions. This includes renovation work on the sulphur collecting units at the sintering plant, renovating the coke gas chilling cycle at block No 1 of the coke-chemical production facility, and initiatives focusing on electrical supervisor departments. Expenditure on air protection measures will amount to over 2.9 bln roubles, while the expected decrease in pollutant emissions will be over 13,000 tonnes in 2015.

Over 400 mln roubles will be allocated under the Environmental Programme to decreasing water consumption, decreasing pollution discharge into water facilities, and maintaining the efficient operations of the water circulation systems and water-treatment facilities, industrial waste utilisation and the re-cultivation of affected land.

OJSC MMK is acutely aware of its responsibility to limit environmental impact within its area of influence. OSJC MMK has placed reducing negative environmental impact as among the key strategic goals in its long-term sustainable development plan. This is affirmed by its Environmental Policy adopted by management, and by the certification of an environmental management system in accordance with ISO 14001, issued by independent international certification organisation TUV NORD (Germany).

Communications Department of MMK.

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