Displaying items by tag: Uzbekistan

Uzbekistan: Uzbek-Chinese joint venture Titan Cement (unrelated to the Greek group of the same name) has commissioned a 0.2Mt/yr plant in the Korauzyak District of the Republic of Karakalpakstan. The project had an investment of nearly US$40m, according to the Uzbekistan Daily newspaper. The funding was comprised of US$19m in direct investment from the joint venture, US$17m from loans and US$2m in foreign investment. This plant was originally reported as having started operation in mid-2016.

Uzbekistan: Local company Jo'ydam Tamir Qurilish and three Chinese partners have started building a 1.2Mt/yr cement plant at Bulakbasinsky in the Andijan district. Shangfeng, Tunli and Beijing Triumph International Engineering are the Chinese companies in the project dubbed ‘Shangfeng-Bridge of Friendship.’ The total cost of the project is around US$420m and the first stage of construction is planned for completion by 2020. A later expansion at a cost of US$215m is planned from 2020 to 2023.

Uzbekistan: Construction has started on a 2.4Mt/yr cement plant in the Kattakurgan district of Samarkand. The project has an investment of US$420m, according to the Uzbekistan National News Agency. The first stage of construction will spend US$200m towards building a 1.2Mt/yr plant by 2020. This is expected to create 300 jobs. Then the plant will expand its production capacity from 2020 to 2023. The plant will produce both grey and white Ordinary Portland Cement. China’s Gansu Hengya Cement is investing in the project.

Kazakhstan/Uzbekistan: Kazakhstan’s SAS-Tobe Technologies has increased its exports to Uzbekistan. It is the first Kazakh manufacturer accredited at the Uzbek Commodity and Raw Materials Exchange, according to the Podrobno News Agency. The company has sold around 1500t through the exchange in the last two months. It now plans to export over 50% of its 0.25Mt/yr production capacity.

Uzbekistan: Cement production has fallen by 4.7% year-on-year to 5.6Mt in the first nine months of 2018 from 5.9Mt in the same period in 2017. The decline has been blamed on rising gas and electricity prices, according to the Trend News Agency. Energy prices have risen by at least 60% so far in 2018. 4.5Mt of production, or over 80%, was sold through the Uzbek Commodity Exchange.

Uzbekistan: Representatives of Uzpromstroybank and Industrial and Commercial Bank of China (UCBC) have met to discuss investment projects in the country to boost local industrial capacity. Proposals included expanding the production capacity of Kuvasoycement’s Kuvasay plant and the construction of a new cement plant, Yaypancement, according to the Trend News Agency.

Uzbekistan: 80% of local cement sales were made through the Uzbek Commodity Exchange in the first nine months of 2018. Local sales fell by 4.7% year-on-year to 5.6Mt from 5.9Mt, according to the Trend News Agency. 4.5Mt of this total was sold through the commodity exchange. Falling sales have been blamed on rising natural gas and electricity prices. Tariffs for gas and electricity have increased by at least 60% during 2018 for industrial users in the construction industry, including cement producers.

Uzbekistan: An event marking the laying of the foundation stone at the Angren cement plant has taken place. Construction work is scheduled to be completed by November 2019. The project is a joint venture between Russia’s Eurocement Group and UzQurilishMateriallari.

Uzbekistan: Eurocement has started building an upgrade to its Akhangarancement plant at Akhangaransky. Botir Zaripov, chairman of the board of Uzstroymaterialy, and Mikhail Skorokhod, the president of Eurocement, attended a ceremony laying the foundation stone. The project has a cost of over US$160m and it will increase the production capacity of the plant to 3Mt/yr. The first batch of products from the new production line is expected in mid-2020. China’s CNBM is the main contractor on the project.

Tajikistan: Average monthly volumes of cement exports have grown by 37% year-on-year to 115,000t in the first eight months of 2018 compared to 84,000t for the whole year in 2017. Data from the Ministry of Industry and New Technologies shows that 920,000t of cement was exported from January to August 2018, according to the Asia Plus agency. 520,000t was exported to neighbouring Uzbekistan, 340,000t to Afghanistan and 60,000t to Kyrgyzstan.