• Reconstruction of the production line of uncalcined (raw) dolomite in the form of powder (meal) using a vertical roller mill
Enterprise description
Full name of the company
Open Joint Stock Company “Dolomit”
Ownership
Private
Year of establishment
1995
Primary activity
Mining of limestone, gypsum and chalk
Products, services description (detailed, indicating CN FEA code)
- Limestone meal (dolomite) grade A (code 2517102000 according to FEACN) - Crushed stone of solid rocks (dolomite) (code 2517101000 according to FEACN) - Non-activated mineral powder MP-1 for asphalt concrete and organic-mineral mixtures (code 2517102000 according to FEACN) - Dolomite filler (code 2517102000 according to FEACN) - Crude dolomite for the metallurgical industry (code 2518100000 according to FEACN) - Fine dolomite for concrete and mortar (code 2517102000 according to FEACN) - Dolomite powder (for the glass industry) (code 2517102000 according to FEACN)
Superior body
Ministry of Architecture and Construction of the Republic of Belarus
General reference and analytical information about the company
Dolomit OJSC is a separate autonomous economic complex located on a separate industrial site. The total occupied area of the enterprise is 477.12 hectares. The industrial site of the Dolomit OJSC is located 15 km north-east of Vitebsk and covers an area of 75 hectares. The enterprise has the necessary infrastructure of auxiliary, production and service facilities, also energy and transport facilities. One of the main advantages of the enterprise is the availability of its own raw material base. The balance of raw materials reserves as of 01/10/2021 is approximately 668 779 ths. tons, which, with the current annual production of the open pit about 2500 thousand tons, will provide processing capacities with raw materials for many years to come (more than 270 years).
Cost effectiveness and solvency indicators of the company (before project implementation)
Project description
Foreign trade figures on products intended for manufacturing
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  • Reconstruction of the production line of uncalcined (raw) dolomite in the form of powder (meal) using a vertical roller mill
  • Type of investment project Предлагаемые для реализации инвестиционные проекты
  • Sector Mining (B)
  • The effect of the investment project The implementation of the project will reduce the cost of electricity by 55-58% (depending on the type of product) and the cost of natural gas for the production of a ton of products by 4-38%, reduce the time and money spent on equipment repairs, reduce discharge into the environment, master the production of powders and fillers with EN marking, thus ensuring the possibility of additional production and sale of 45 thousand tons of products per year.
  • Total volume of investments, thousand $ 13 452
  • Expected input of an investor, thousand $ 10 987
  • Project period 2021-2024
  • Investor participation form кредитное финансирование
  • Project description The goal of the project is to introduce a more efficient and environmentally friendly technology for the production of dolomite in the form of powder (meal). The investment project provides for the dismantling and replacement of physically worn out and obsolete grinding units (Aerofol and hammer mills) and a three-stage gas cleaning system of one of the production lines for manufacturing of dolomite in the form of powder (meal) of shop No. 7 with modern grinding equipment - a cone crusher system and vertical roller mill with a capacity of 60 tons/hour (about 400 thousand tons per year) with an exit gas clarifier with bag filters

The nomenclature of the product to be produced with indication of the CN FEA code

Products manufactured at the modernized facilities are represented by the enlarged items “mineral powder EN” and “dolomite filler EN”, which will replace the assortment of currently produced powders and fillers for use in the production of concrete and mortars, asphalt concrete, organomineral, bitumen-mineral mixtures, roofing felt (code 2517102000 according to FEACN).

    • Potential customer Construction and road construction organizations for the production of asphalt concrete mixtures, soft roof manufacturers, manufacturers of dry construction mixtures in the domestic and foreign markets (Baltic countries, Ukraine, Russian Federation).
    • Key benefits of the project Availability of a raw material base, human and industrial potential, well-established logistics and economic ties, proximity to the borders of Russia and the Baltic countries.
    • Level of project development Investment project business plan (2020)
    • Full name of the company Open Joint Stock Company “Dolomit”
    • Form of ownership Private
    • Year of establishment 1995
    • Primary activity Mining of limestone, gypsum and chalk
    • Superior body Ministry of Architecture and Construction of the Republic of Belarus
    • Region Vitebsk Region
    • District Vitebsk
    • Address Tsentralnaya str., 25, Vitebsk, (industrial site)
    • GPS coordinates 55.293658, 30.309319
    • Annual revenues once fully operational (without VAT, thousand $) 28 504
    • Simple pay-back period, yrs 11.4
    • Dymanic pay-back period, yrs 14.1
    • NPV, thousand $ 2
    • IRR, % 7.72
    • Discount Rate, % 5
    • Reconstruction of the production line of uncalcined (raw) dolomite in the form of powder (meal) using a vertical roller mill
    • General reference and analytical information about the company Dolomit OJSC is a separate autonomous economic complex located on a separate industrial site. The total occupied area of the enterprise is 477.12 hectares. The industrial site of the Dolomit OJSC is located 15 km north-east of Vitebsk and covers an area of 75 hectares. The enterprise has the necessary infrastructure of auxiliary, production and service facilities, also energy and transport facilities. One of the main advantages of the enterprise is the availability of its own raw material base. The balance of raw materials reserves as of 01/10/2021 is approximately 668 779 ths. tons, which, with the current annual production of the open pit about 2500 thousand tons, will provide processing capacities with raw materials for many years to come (more than 270 years).

    Products, services description (detailed, indicating CN FEA code)

    - Limestone meal (dolomite) grade A (code 2517102000 according to FEACN)

      - Crushed stone of solid rocks (dolomite) (code 2517101000 according to FEACN)

        - Non-activated mineral powder MP-1 for asphalt concrete and organic-mineral mixtures (code 2517102000 according to FEACN)

          - Dolomite filler (code 2517102000 according to FEACN)

            - Crude dolomite for the metallurgical industry (code 2518100000 according to FEACN)

              - Fine dolomite for concrete and mortar (code 2517102000 according to FEACN)

                - Dolomite powder (for the glass industry) (code 2517102000 according to FEACN)

                  • Authorized capital size of the company, thousand $ 851
                  • Quality of shares issued, pcs 4 278 412
                  • Distribution of shares (by owners) Republican ownership - 4 249 462 shares (99,34%); Legal entities - 4 097 shares (0,1%); Physical entities - 24 853 shares (0,58%).
                  • Government body holding shares Ministry of Architecture and Construction of the Republic of Belarus
                  • Revenue, thousand $ 25 520
                  • Net profit (net loss), thousand $ 3
                  • Current liquidity ratio 2.68(standardvalue>=1.7)
                  • Working capital financed by equity to total assets ratio 0.63(standardvalue>=0.3)
                  • Number of employees as on the month of filling the form, people 809
                  • Average salary as on the month of filling the form, BYN 1
                  • Volume of exports from the Republic of Belarus, thousand $ 2
                  • Volume of imports to the EU from the Republic of Belarus, thousand $ 391
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                  STATISTICAL DATA FOR Vitebsk