Las Tunas, Cuba.- Eraldo González Ávila, director of the entity, explained that the investment valued at 26 million euros, includes a line of lamination, the furnace and the corresponding machinery. These will be supplied by the Russian company Yumz, in compliance with a contract with Cuba at the Havana International Trade Fair, last November.
The new plant will triple the production of the 200T Laminator, an old technology, with a maximum capacity of 40,000 tons of corrugated bars per year.
In addition to the substantial increase in production and incorporating a line of wire rod, the automated process of the new factory will improve the working conditions of the workers that operate the 200T Laminator.
However, with this old machinery, this year will be manufactured the same 40,000 tons of corrugated bars as in 2017. Part of the scrap metal required to guarantee that production will be provided by the Company for the Recovery of Raw Materials, and the other will be imported.
The new plant is expected to start operating in 2020. That year it must assume the production of the José Martí Steel Company (known as Antillana de Acero), which by that date will proceed to modernize its machinery.
González Ávila said that when the industry of Las Tunas operates at full capacity, it will be able to enter 100 million pesos per year for sales.

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