Azerbaijan demand to reach 3.9Mt in 2008

Azerbaijan demand to reach 3.9Mt in 2008
Published: 22 September 2008

Garadagh Cement, the largest producer of clinker and cement in Azerbaijan, is forecasting further demand increases in the country.

Garadagh Cement Sales & Marketing Department Chief Balint Kato said under Garadagh Cement forecasts, last year demand for cement in Azerbaijan registered 3.7Mt.

“This year we expect it to grow up to 3.9Mt. At the same time (taking into account clinker import from other countries) country’s production will not exceed 2Mt,” B.Kato said.

In 2007 the OJSC produced 1.34Mt of cement and translating into a 42% market share.