Bosnia's Global Ispat Coking Industry Lukavac gets environmental permit.

By bne IntelliNews January 31, 2012
Bosnia's Global Ispat Coking Industry Lukavac (GIKIL) said it has received an environmental permit for its existing units. The permit was issued by Bosnias Federation environment ministry, GIKIL said in an emailed statement. GIKIL had six requests for environmental permits and they were joined into a single integrated permit, which covers all plants and facilities. The integrated permit will allow an easier monitoring of the companys ongoing activities, the statement said. GIKILs deputy manager Faik Busevac said in the statement that the company has worked hard and invested some BAM 80mn (EUR 41mn) to BAM 100mn to meet the permit requirements but has so far fulfilled only 80% of them. Under the permit, it is given a five-year term to meet all outstanding conditions. GIKIL, part of Indian steel maker Ispat Group, is located in Lukavac, northeast Bosnia. It was created as a 49/51 joint venture between state-controlled coking plant KHK Lukavac and Ispat Group in 2003.

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