Displaying items by tag: Georgia

Georgia: The government of Georgia is to build a US$100m cement plant in Senaki, Samegrelo. The project will be joint-investment with an unnamed Chinese company. Construction will start in June 2016 and the plant is expected to employ 500 people in its construction phase. The project was discussed at a meeting between Prime Minister Giorgi Kvirikashvili and businessman Tsezar Chocheli, according to the Sarke Information Agency.

Georgia: Xinjiang Tianshan Cement has recently signed an agreement with a Georgian cement company and Xinjiang Hualing Industry & Trade to establish a joint venture in Georgia.

With total investment of US$60m, the joint venture will launch a production line with 3000t/day of clinker capacity and 1.2Mt/yr of cement capacity. Xinjiang Tianshan Cement and Xinjiang Hualing Industry & Trade will control an at least a 65% stake the venture, while the Georgia-based cement company and Xinjiang Hualing Industry & Trade will jointly control a 35% stake at most.

Azerbaijan/Georgia: A total of 249,770t of cement, worth US$18.5m, was exported from Georgia to Azerbaijan in the first half of 2013, according to a report by the National Statistical Service of Georgia. For comparison, in January to June 2012 196,080t of cement worth US$14.4m was exported from Georgia to Azerbaijan.