CISDI welcomes steel boss from Bolivia

A delegation from Bolivia recently visited CISDI headquarters in Chongqing.

The chairman of Empresa Siderúrgica del Mutún (ESM) Jesús Lara met with CISDI’s chairman Xuewen Xiao and the project team which is creating the ElMutún steelworks in Bolivia - the plant expected to drive its country’s industrial modernisation and increase local employment.

CISDI is providing total process engineering consulting for ElMutún. With an annual production capacity of 150,000 tonnes, the plant will greatly reduce the country’s need to import steel, potentially saving the country around $230 million a year.

ElMutún steelworks is located on the border between Bolivia and Brazil, an area boasting both a rich ecological system and rich mineral reserves.

ESM’s ore is 64 per cent iron and building a steelworks has been talked about for many years.

“ESM has a bright future in steel and CISDI is committed to equipping this steelworks with high-quality technology and project management,” said chairman Xiao, “We also want to provide our intelligent and green manufacturing products to ESM.”

CISDI briefed ESM‘s executive board and project supervision representatives on the corporate situation and international strategy and development. The project team also reported on progress at the steelworks.

Jesús Lara commented: “ESM is pleased with CISDI’s contribution. We attach great importance to our relationship and believe that CISDI’s services will contribute to the steelworks’ success and result in positive change for Bolivia’s steel industry. Future co-operation could be on agenda.”

Representatives from ESM and CISDI pictured at CISDI headquarters

Artist’s impression of the ElMutún steelworks