Cement News tagged under: Georgia

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Magnum Group seeks to increase production

06 January 2021, Published under Cement News

Georgia’s Magnum Group has announced plans to increase cement production in the future. Paata Nikvashvili, director of the company, noted that the company hopes to reach 12,000t of cement production per month from the current 6000t. The company also noted the difficulty of trading during last year. "We started working in June. We were suspended before due to the pandemic. Everything was paralysed. When we started functioning, we were satisfied with our work, however, the sales rate is dec...

Georgia sees production fall 6% in 1H20

15 December 2020, Published under Cement News

Georgia manufactured 1.06Mt of cement worth GEL152m (US$46.2m) in January-June 2020, down 6.2 per cent YoY from 1.13Mt in the year-ago period, according to GBC News. The country also imported 570,000t of cement in the first nine months of 2020.

Will Turkish cement exports come under pressure?

17 July 2020, Published under Cement News

As the second-largest cement exporter after Vietnam, Turkey's cement industry has for many years exported its surplus around the world. However, analysts anticipate Turkish trade to contract due to COVID-19 as the pandemic affects trans-Atlantic exports to the US, as well as other countries where anti-dumping measures increase in response to local surpluses - most recently Georgia . However, this week's news indicates that Turkish cement exporters have found ways to boost their sales, at le...

Raysut Cement targets east African expansion

02 July 2020, Published under Cement News

Oman's Raysut Cement plans a five-fold increase in its cement production capacity, says Joey Ghose, Raysut Cement's CEO. The expansion would see Raysut Cement increase production from 5Mta to 26Mta in the next few years. The expansion would be accomplished through a mixture of joint ventures, acquisitions and greenfield cement projects, added Ghose. Expenditure would amount to US$65-78m in the next two years. The main area for growth would be in east Africa where the company plans to add 1...

Turkish cement exports to Georgia fall by 53% in April

08 June 2020, Published under Cement News

Cement exports from Turkey to Georgia fell by 8.2 per cent between January-April 2020, compared to the same period of 2019, amounting to US$12.8m. In April 2020, cement exports to Georgia fell 52.9 per cent YoY to US$1.5m. Turkey's export of cement to international markets was stable at US$1.1bn in the first four months of 2020, equal to the same period of 2019. The country's cement exports amounted to 2.2 per cent of its total exports over the reporting period. The export of cement to int...

Georgian producers seek support to stop cement dumping

19 May 2020, Published under Cement News

Georgian cement producers have called for government support regarding the influx of cement imports into the country. The country’s producers stated that Turkey is a significant contributor of imports, since it produces a large amount of building materials that are not domestically needed in such quantities. The state therefore gives its producers the opportunity to sell exports below market value, with Turkish cement in the Georgian market reportedly 30-40 per cent cheaper than market va...

Georgia's building materials companies continue production

09 April 2020, Published under Cement News

Georgia’s government has published a list of industries that can continue to work in compliance with  epidemiological safety rules, with construction companies and building material manufacturers included in the list, reports Trend News. According to the decision, infrastructure projects will continue throughout the country. Paata Nikvashvili, director of Magnum Group, says the company's main task is to provide infrastructure and construction projects with cement. "From the beginning o...

Azerbaijan’s Gazakh Cement to increase exports in 2020

25 March 2020, Published under Cement News

Gazakh Cement Plant plans to significantly increase export sales from Azerbaijan to neighbouring countries such as Georgia in 2020, according to Trend. "Last year, the plant established clinker exports to Georgia, and this year we plan to significantly increase the total volume of exports. In 2019, export volumes in this direction amounted to over 1000t of clinker and cement," Trend’s source said. "At the moment, we are in search of partners among the countries of the region. We are consid...

Pioneer Cement signs limestone development agreement in Georgia

02 March 2020, Published under Cement News

Raysut Cement's UAE subsidiary, Pioneer Cement, has signed an agreement for the development of a limestone mine in Georgia. Under the 10-year deal SFL International will pay a royalty to Pioneer Cement for mining the limestone deposits. Pioneer Cement owns the concession to limestone mines in Georgia where it is currently set to construct a 1.2Mta cement plant. The plant will be located near Tbilisi, adjacent to the limestone mines. The value of the project is estimated at US$200m. Georgi...

Azerbaijan sees 6% YoY fall in clinker export value

05 November 2019, Published under Cement News

Azerbaijan’s Gazakh cement plant exported about 253,000t of clinker to Georgia in January-August 2019, according to Turan. The average export value of Azerbaijani clinker to Georgia has amounted to US$37.48/t so far this year. However, at the same time the export value of clinker decreased 5.8 per cent compared to the average for 2018. According to the State Customs Committee of Azerbaijan, a total of US$9.48m was generated from the export of clinker to Georgia during the first eight months...