January 30 (SeeNews) - Kaolin, a wholly-owned Bulgarian subsidiary of Germany’s Quarzwerke Gruppe, is investing 60 million levs ($33.8 million/30.7 million euro) in the construction of a new plant for products from industrial minerals in the town of Dulovo, in the country's northeast, the economy ministry said on Thursday.
The investment is expected to create 120 jobs, the economy ministry said in a statement.
The plant will process kaolin and silica sand and will supply the ceramics and glass industry, Kaolin has said previously.
Kaolin is a mineral extracting and processing company, which offers a number of products, including kaolin, feldspar, limestone, silica sand and others.
(1 euro = 1.95583 levs)