Eurocement Group to build US$128m plant in Uzbekistan

Eurocement Group to build US$128m plant in Uzbekistan
08 July 2014

Eurocement Group Holding of Russia is constructing a cement plant worth US$128m in Uzbekistan for its daughter enterprise Ahangarancement in the Tashkent region.

Uzstroymateriali JSC, which unites contruction material industry enterprises in the country, said the new 2.4Mta cement plant will use dry-process technology. Eurocement Group has signed an agreement with Chinese China CAMC Engineering Co Ltd  for the supply of equipment, design, erection supervision and training of employees. Construction will take place without interrupting existing production. Commissioning is scheduled for launch in 2016. 

Eurocement Group holding acquired 75.5 per cent of Ahangarancement JSC shares in 2006. At present, the share of Eurocement Group is 83.92 per cent in the authorised capital of JSC.

In 2013, Ahangarancement increased cement production by six per cent compared with 2012 – up to 1.62Mt, including clinker – 13 per cent (to 1.167Mt).

To meet cement production requirements, the company's limestone quarry increased output by 19 per cent to 1.641Mt.  To cater for future demand, Ahangarancement obtained a licence in March 2014 to mine limestone and marl of at the Shavazsay deposit (Almalykskiy area, Tashkentstvkaya region). The limestone reserves at the Shavazsay field were discovered in 1974 and total 36.4Mt. Preliminary data show that the reserves of these raw material will enable the company to produce cement for a further 25 years.

In 2013, Uzbekistan's six cement plants increased output 4.4 per cent to 7.133Mt, running close to full capacity. In The largest works are Kizilkumcement JSC (3.08Mta), Ahangarancement JSC (1.98Mta) and Kuvasaycement (0.92Mta).

Published under Cement News