Armenia: Economy minister Gevorg Papoyan said that the current shortage in the cement market is due to disruptions in supplies from neighbouring countries. Ararat Cement is reportedly operating at maximum capacity, after coming under state management recently.
Papoyan posted to social media “In August [2026], Ararat Cement produced 95,300t of cement, about 16,000t more than in July 2026 and over 26,000t more than in June 2026. Ararat Cement exists today and continues to operate as a factory entirely thanks to decisions by the government and the National Assembly, under which, starting in 2019, we imposed a duty on imported cement. Had we not made this strategic decision years ago, there would be no cement at all on our market today.”
As part of proceedings to confiscate ‘property of illicit origin,’ according to PanArmenian news, Ararat Cement was transferred to the management and custody of the Armenian government after a decision by the Anti-Corruption Court.
