Uzbekistan: running on empty
Uzbekistan’s cement industry has expanded at a rapid rate and production has grown significantly ...
Uzbekistan: running on empty
Uzbekistan’s cement industry has expanded at a rapid rate and production has grown significantly at a time when domestic demand remains tepid and exports are few. The sector has seen falling capacity utilisation rates and key structural shifts as new entrants pressure less efficient incumbents, taking market share and eroding industry profitability. By Avesta Investment Group, Uzbekistan
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