Cement News tagged under: Georgia
Georgia: new cement plant in partnership with LafargeHolcim04 October 2016, Published under Cement NewsGeorgian Cement Company (GCC) opened its new cement plant on the 4 October 2016 in Poti, with an initial annual capacity of 0.25Mta. GCC decided on the location of the plant after market research revealed that western Georgia was mainly supplied by cement imported from Turkey. To complete the project GCC entered a partnership with Lafarge, which has since merged with Holcim to become LafargeHolcim. Construction of the plant commenced in 2014. The new plant boasts a unique laboratory based... |
HeidelbergCement04 July 2016, Published under Cement NewsHeidelbergCement Georgia sold 1.63Mt of cement and clinker during 2015, a 19 per cent increase YoY. The company enjoys a 60 per cent share of the Georgian market and intends to invest some US$100m to build a dry process production line at Kaspi. This should enable the company to lower prices and offer stiffer competition with Black Sea Cement, which is building a 1.5Mta cement works at Senake at a cost of some US$120m. The Senaki works should come online towards the end of next year and i... |
HeidelbergCement Georgia reports record sales30 June 2016, Published under Cement NewsFor the year 2015 HeidelbergCement Georgia experienced record sales, with 1.63Mt of cement and clinker sold. These sales figures were up 19 per cent on the previous year’s result. With this growth in sales the company holds a 60 per cent share in the Georgian cement market. Director of Construction Materials, David Jugashvili said, “The recent economic changes and devaluation of the national currency have influenced the construction market in Georgia, causing certain risks for market pla... |
Georgia: construction on 1.5Mta Senaki works started28 June 2016, Published under Cement NewsConstruction on a 1.5Mta cement plant in Senaki, Shmegrelo region in western Georgia, has started. The project is an investment of US$120m by Black Sea Cement LLC, a partnership between Georgian businessman Cezar Chocheli and China’s Hualing Group. "This is a very good example of partnership between Georgia and China," Georgian Prime Minister Georgy Kvirokashvili said at the groundbreaking ceremony. The plant, located on a 20ha site, is expected to be commissioned at the end of 2017. A... |
Georgia: HeidelbergCement Caucasus expects July 2016 work start for Kaspi19 May 2016, Published under Cement NewsHeidelbergCement Caucasus (HCC) announced it will renovate and develop its cement plant in Kaspi in the Shida Kartli region of Georgia in the next two years. Preparation works in Kaspi started at the end of last year with the main works anticipated to start in July 2016. The development initiative represents a total investment of US$120m, of which US$100m will be spent on installing a new dry-process cement line at Kaspi and a further US$20m in upgrading and developing the supporting netw... |
Georgia: new US$100m Senaki cement plant ordered19 April 2016, Published under Cement NewsA new cement plant will be built in Senaki, Georgia. This project was discussed in detail at a meeting between the Georgian Prime Minister and local businessman Cezar Chocheli who owns Interplast LLC, a plastics company. Cement produced in Senaki will target both local and export markets, reported Prime News Agency. The US$100m project is implemented in cooperation with a Chinese company. Construction work will start in June, employing 500 people. According to Cezar Chocheli, just as many ... |
Armenia reduces cement exports, imports rise09 July 2015, Published under Cement NewsArmenia cut its cement exports 2.5-fold to 73,000t in 2014, down from 185,200t in 2013, according to a report by ARMINFO News (Armenia). It also increased its imports 2.2-fold, according to the Customs Service of Armenia. The Ministry of Economy said that cement exports fell dramatically in 2014 as a new cement plant started up in Rustavi, Georgia – key consuming country of Armenian cement exports. The customs cost of the exported cement fell from US$11.8m in 2013 to US$4.6m in 2014, a f... |
HeidelbergCement outlines Georgia investment strategy16 June 2014, Published under Cement NewsGeorgia's Ministry of Economy and Sustainable Development recently signed an agreement with HeidelbergCement which will see the German multinational invest US$100m in the country during the next five years. The value of investments made by HeidelbergCement after the start of its operations in Georgia in 2006 exceeds US$270m to date. In particular, the company will expand production at its coal quarry in Tkibuli, Imereti region, as well as consider the development of construction materials p... |
Rustavi modernisation project complete, Georgia29 May 2014, Published under Cement NewsHeidelbergCement has completed the modernisation of its plant in Rustavi, Georgia, according to local press reports. “Separator of latest generation was put into operation at the plant, which will contribute to further improvement of cement quality and growth of product range,” a spokesperson for the Economy and Sustainable Development Ministry of Georgia said during the inauguration ceremony. Irakli Makharoblidze, sales and marketing director of HeidelbergCement Georgia, added that the... |
HeidelbergCement plans new Georgia investment02 October 2013, Published under Cement NewsGermany-based HeidelbergCement intends to invest an additional US$100m in its recently-acquired Poti works, Georgia, according to the Economy and Sustainable Development Ministry. The company is also reported to plan a modernisation of the Kaspi works and an expansion of concrete plants throughout the country. Since 2006, HeidelbergCement has invested more than EUR200m in Georgia. It owns three cement and eight concrete plants as well as a cement terminal in Supsa. |