Cement News tagged under: Georgian Co-Investment Fund
HeidelbergCement reduces Georgia investment13 November 2017, Published under Cement NewsHeidelbergCement is raising EUR115m (US$134m) by selling 50 per cent of its Georgian subsidiary to a Georgian investment fund called Cement Invest, which belongs to Georgian Co-Investment Fund and Hunnewell Partners, a special situations investment fund. HeidelbergCement has been active in Georgia since 2006 and a new kiln line is currently under construction that is expected be completed by the end of 2018. Currently, there are three integrated cement works, one grinding centre, 13 ready... |
Georgia: HeidelbergCement Caucasus expects July 2016 work start for Kaspi19 May 2016, Published under Cement NewsHeidelbergCement Caucasus (HCC) announced it will renovate and develop its cement plant in Kaspi in the Shida Kartli region of Georgia in the next two years. Preparation works in Kaspi started at the end of last year with the main works anticipated to start in July 2016. The development initiative represents a total investment of US$120m, of which US$100m will be spent on installing a new dry-process cement line at Kaspi and a further US$20m in upgrading and developing the supporting netw... |
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