She says that in late Apr the plant will resume intensive work. 60% of the plant’s production is sold inside Armenia, 40% is exported to Georgia and Iran. Now that the Port Kavkaz-Poti train ferry has been launched the company will start searching for ways to export its cement to Europe - where the estimated demand for it is 150,000t. Presently, the company employs 900 people paying them an average of 75,000 AMD a month.
India’s capacity race
UltraTech Cement’s 1QFY27 results, published recently , underline the growing scale of India’s ...