The German company Christian Pfeiffer GmbH of Germany has been selected as the winner of a tender for the modernization of Navoi-based OJSC Kyzylkumtsement, one of the biggest cement producers in Uzbekistan, a source at Uzstroimaterialy, which unites the country’s construction industry, told Interfax.

The source did not say how much Christian Pfeiffer had offered, but the starting price was $125.07 million.

The rules of the tender stipulate that the victor is to supply ’turn-key’ technology and equipment for the reconstruction of the cement-grinding section and set up two new grinders with combined production capacity of 1 million tonnes per year. Project financing will be done with Uzbek bank credits and Kyzylkumtsement’s own money, as it is the project client.

Stralis Investment S.A. put in the bid on behalf of Christian Pfeiffer. If Stralis backs out, the reserve equipment supplier is Russia’s OJSC Tyazhmash.
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