Cement News tagged under: Uzbekistan
Eurocement begins auction for 84.2% stake in plant01 March 2021, Published under Cement NewsRussia's Eurocement has begun an open auction to sell an 84.19 per cent stake in its Akhangarancement plant in Tashkent, Uzbekistan. The company is expected to sell 4,141,108 ordinary shares of the plant for a total value of UZS428.99bn (US$40.76m), according to a statement on the Republican Stock Exchange Tashkent. |
Uzbekistan and South Korea to build Karakalpakstan plant28 December 2020, Published under Cement NewsUzbekistan and South Korea have been in talks to accelerate the implementation of an investment plan for the construction of a cement works in the Beruni region of Karakalpakstan, northwestern Uzbekistan. The issue was discussed by Vitaly Fen, the ambassador of Uzbekistan to South Korea, and Yu Cheol, chairmain of South Korea-based CARIS Co Ltd. The new plant would meet high-quality cement requirement in an expanding Karakalpakstan market as well as provide cement for exports. A feasibili... |
Uzbekistan sees 3% rise in production07 December 2020, Published under Cement NewsUzbekistan produced 8.8Mt of cement in the first 10 months of the 2020, up 2.6 per cent compared to the year-ago period. The largest volumes of cement were produced in the Tashkent region (46.7 per cent), followed by Navoi region (35.1 per cent) and Fergana region (12.8 per cent). The value of cement exported from Uzbekistan in the January-October period amounted to US$27.6m. Meanwhile, the value of cement imports reached US$105.5m. |
Two of Uzbekistan's cement plants suspend production02 December 2020, Published under Cement NewsUzbekistan’s Kuvasaycement and Akhangarantsement cement plants have suspended the production of cement due to a decrease in gas pressure, according to Trend News. The Antimonopoly Committee of Uzbekistan has reported that the decrease in pressure is associated with a cold snap and increased gas consumption by the country’s population. "Against the background of the current situation, the average daily volume of past trades amounted to 30,000t, which is 34 per cent lower than the indica... |
Uzbekistan's Ministry of Energy denies reports about electricity supply26 November 2020, Published under Cement NewsThe Ministry of Energy of Uzbekistan has denied reports regarding the cessation of electricity supply to certain cement producers. According to the dispatch centre, the Akhangaran cement plant received 605,000kWh of electricity on 24 November. On average, this plant is supplied with 540,000kWh of electricity per day. Elsewhere, the Kuvasay cement plant consumes an average of 332,000kWh electricity per day. |
Two plants in Uzbekistan report fall in production22 October 2020, Published under Cement NewsAccording to Uzbekistan’s Antimonopoly Committee, Akhangarancement announced the failure of two rotary kilns on 7 October. As a result, the company’s cement volumes offered for sale decreased on average from 7000 to 5000tpd. Almalyk MMC’s Jizzakh cement plant has also seen its production volumes decrease from 11,000 to 5000tpd on average, due to ongoing repairs on its kiln. Therefore, the average volume of daily production in the country amounts to almost 37,000tpd with sales at 35,000... |
Kyzylkumcement sees net profit rise 71%17 September 2020, Published under Cement NewsUzbekistan’s Kyzylkumcement saw a net profit of US$20.3m in January-June 2020, rising 70.9 per cent YoY. Revenue also advanced 12.4 per cent to US$97.1m. In the 1H20 the plant increased cement production by three per cent YoY to 1.75Mt, which amounted to 32.2 per cent of the total cement production in the country. Kyzylkumcement is also intending to build its fourth line for the production of clinker by the end of 2020, with the project valued at US$112.63m. The project will be finance... |
Uzbekistan reports lower construction material imports24 August 2020, Published under Cement NewsUzbekistan saw construction material imports decline 20.9 per cent YoY to US$592.2m in the first half of 2020, according to the State Statistics Committee. The most noticeable decrease was seen in cement imports, which declined by more than 2.2 times to US$48.4m. However, the volume of construction work carried out in the country increased by 5.7 per cent compared to the 1H19. There are also plans to bring the production of cement to 14.5Mt in Uzbekistan and significantly increase its p... |
Uzbekistan's cement capacity reportedly set to rise 60% YoY17 August 2020, Published under Cement NewsUzbekistan’s cement production capacity will rise to 20Mta by the end of 2020, up 60 per cent YoY from 12.5Mta at the end of 2019, according to Ulugbek Abrayev, deputy chair of Uzbekqurilishmateriallari. Mr Abrayev added that the country will produce 14.5Mt in 2021, around 73 per cent of the projected capacity for 2021. At present 10 cement plant construction projects across eight of Uzbekistn’s 12 regions are due for completion in 2020 and 2021. |
Uzbekistan cement prices fall17 July 2020, Published under Cement NewsAt the last auction of the Uzbek National Commodity and Raw Materials Exchange on 29 June, the average weighted cost fell 4.9 per cent from UZS792,000/t (US$77.71/t) to UZS754,000/t, according to the UzEX press service. Between January and June 2020, the average price of all cement brands on the exchange advanced 59 per cent from UZS499,000/t to UZS792,000/t as the construction season got underway in May. A reduction of volumes offered by sellers and a threefold increase in cement imports... |