Global Cement Report
Armenia
PDFFull Introduction ReportDownload HereArmenia is one of the fastest growing countries in the CIS region, posting double-digit economic growth in 2006. With vast infrastructure development needs, domestic construction activity is set for further growth in the coming years. Meanwhile, the country's key export markets within the region are experiencing a similar trend in construction, providing plenty of bounty for the well-placed Armenian cement producers.
Country Research
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Armenian cement exports to Georgia double
10 May 2013Exports of cement from Armenia to Georgia have doubled in the first three months of the year compared to the same period of 2012. Armenpress reported that exports reached 36,568t, citing data f...
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Georgia: HeidelbergCement starts Kaspi plant construction
11 February 2013HeidelbergCement has launched construction of a new cement plant in Kaspi, Shida Kartli region of Georgia. The output of the new factory will be 1Mta and in the future production capacity will be ...
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Arat Cement net loss, Armenia
25 July 2012Armenian cement producer Arat Cement reported a net loss of AMD1.079bn (US$2.6m) compared to net profit of AMD521m in 2010. According to local press reports, the company is idling operations due ...
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Armenia: Mika cement sustained losses by 15-20% in 2011
21 November 2011Mika Cement, one of the largest companies producing cement in Armenia, sustained losses by 15-20% in 2011, said Naira Martirosyan the company’s general director. “This year production of ceme...
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Mikhail Baghdasarov forecasts drop in cement prices in Armenia
07 July 2011President of Mika Cement CJSC Mikhail Baghdasarov forecasts a drop in cement prices in Armenia after modernisation of its Hrazdan plant. “The price may drop after modernisation,” Baghdasarov told ...
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Armenia cement plant sold to Russian company
18 August 2008A Russian industrial group has acquired one of Armenia’s two cement plants located in the central town of Hrazdan, according to an Armenian news agency. The Arminfo news agency based the report on...
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BaselCement, Itera to form JV to build cement plants
22 January 2008BaselCement, a division of Oleg Deripaska’s Basic Element, has signed a cooperation agreement with Itera-Invest-Stroi that calls for building new cement plants in CIS countries and in the Urals, B...
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Mika Cement plans to increase output
11 April 2007In 2007 Mika Cement company is planning to increase its output by 1.5 times, says the director general of the company Naira Martirossyan. She says that in late Apr the plant will resume inten...