Eurocement to build new cement plant in Uzbekistan
By Aynur Jafarova
The Eurocement Group, the biggest supplier of cement, ready-mix concrete, and aggregates in Russia, plans to construct a new cement plant in Uzbekistan.
The relevant agreement worth $128 million for the supply of equipment, design, installation supervision, and training for the construction of the cement plant in Uzbekistan's Tashkent region was signed with the Chinese CAMC Engineering Co., Ltd., Eurocement said on June 30.
The new plant's capacity will amount to 2.4 million tons of cement per year, and the facility's commissioning is scheduled for 2016.
The Eurocement Group has 16 cement plants across Russia, Ukraine, and Uzbekistan, as well as several concrete mix plants, concrete goods factories, and aggregate-mining quarries.
The cement consumption of the mineral-rich Uzbekistan is 300 kilogram per capita, a figure below the global average which is estimated at 536 kilogram per capita. This places Uzbekistan in a favorable position for the future development of the cement industry.
Local building materials company Uzbuildmaterials JSC announced the government's plans to invest $49.1 million in the local cement industry in late February 2014.
The program includes nine projects for the three largest cement plants in the country: the Kyzylkumcement plant, the Akhangarancement plant, and the Bekabadcement plant.