Lithuanian drilling, demolition and blasting services company “Detonas” plans to build a trinitrotoluene (TNT) plant in the north of the country, the cost of which is estimated at 28 million euros, and it is expected that the his annual income. could reach 50 million euros.
The company plans to invest in the production of TNT for military use, taking into account the current geopolitical situation and the security needs of Lithuania, the Ministry of Transport announced on Thursday.
“Taking into account today’s geopolitical situation, the development of the explosives industry is a very important step to protect Lithuania and the entire region,” said Deputy Minister of Transport Mindaugs Tarnauskas.
“Detona” director Vaids Zubavichus said that after the start of TNT production, the company will be able to expand and look for new markets.
Construction of the factory is expected to begin in 2025 and be completed within two years. It is expected to produce 1000 tons of TNT per year, and the production markets will be in Lithuania, Ukraine, the European Union and NATO countries. Up to 80% of the product is expected to be extracted.
“TNT is an effective explosive material with high explosive power, and it is used to make mines for the Lithuanian Armed Forces, to make artillery shells, for the mining industry and for other purposes,” he said. ‘ ministry.