Production of welding electrodes to be launched in Uzbekistan

The project on production of welding electrodes will be implemented in the territory of the special industrial zone Angren.

The project will be implemented at participation of NovEl Association (Ukraine). Angren elektrodlari JV LLC was founded to realize the project.

According to the official website of SIZ Angren, Angren elektrodlari JV LLC will produce 1,400 tonnes of products a year.

The project cost is US$2.61 million. The Ukrainian side will invest US$0.08 million to realize the project.