Cement News tagged under: Uzbekistan
Uzbekistan to simplify cement imports10 July 2020, Published under Cement NewsThe Antimonopoly Committee of Uzbekistan intends to simplify the imports of cement. Domestic cement shortages , due to a pick-up in construction works and a fall in imports, have seen the cement price increase by 59 per cent, according to Esmerk CIS News. The Uzbek government has instructed the Antimonopoly Committee, the Uzstandart agency, the State Customs Committee, and the Uzpromstroymaterialy Association to develop a draft document to increase the supply of cement to the domestic mark... |
Akhangarancement sets record shipment figures in May12 June 2020, Published under Cement NewsUzbekistan’s Akhangarancement, part of Eurocement, shipped a record monthly shipment of more than 180,000t of cement in May 2020, up 10.6 per cent YoY. Gennady Kulikov, general director of Akhangarancement, praised the contribution of the clinker firing department, automotive workshop, cement shipping and packaging section, and the sales department in reaching the record level. "Despite the special mode of operation associated with the coronavirus pandemic, the enterprise team at all s... |
Uzbekistan resumes cement imports26 May 2020, Published under Cement NewsUzbekistan has resumed the import of cement after the goverment’s 22 May resolution, reports Central Asia News. On 23 April the country had temporarily suspended the import of cement due to the coronavirus pandemic. The measure was put in place to support domestic producers following a decline in demand as construction activity was halted. |
Qizilqumsement reports 78% surge in net profit30 April 2020, Published under Cement NewsUzbekistan’s Qizilqumsement, the country’s largest producer, reported a 78.3 per cent increase in net profit to US$6.8m in the first quarter of 2020, according to Trend News. Net revenue advanced 16.7 per cent YoY to US$43.4m in the 1Q20, while gross profit was up 6.8 per cent to US$14.4m. |
Namangan Cement launches construction of second line29 April 2020, Published under Cement NewsUzbekistan's Namangan Cement LLC has launched the construction of a second line at its facility in Namangan, Chust district. The company was founded in 2019 and produces 200,000tpa of cement from the first stage of production. After the second stage is commissioned, the facility’s capacity will rise to 1.1Mta. The new line is expected to be launched at the end of 2021, according to Uzbekistan’s National News Agency. The project will be implemented with US$14m of the company's own funds... |
Uzbekistan set to temporarily suspend cement imports27 April 2020, Published under Cement NewsForeign trade restrictions are expected to be introduced in Uzbekistan from 1 May 2020, as a reaction to the economic consequences of the COVID-19 pandemic, according to Uzbekistan Daily. As a result, from 1 May to 31 December 2020 the export of raw materials for the production of medical products and the import of cement products are going to be temporarily suspended. The country has recently seen a sharp drop in cement demand due to work at many construction sites having stopped. How... |
Akhangarancement completes kiln housing installation15 April 2020, Published under Cement NewsEurocement has completed the installation of the rotary kiln housing at its 3Mta Akhangarancement project in Uzbekistan, according to a press release. Internal and external welding work was carried out on parts of the kiln body, bandages and support rollers, while the main and auxiliary drives were also installed. The rotary kiln is equipped with high-tech sensors, scanners, gas analysers and manometers, which ensure high energy efficiency and minimise environmental impact, states the com... |
Uzbekistan sees production fall 13% YoY in February26 March 2020, Published under Cement NewsUzbekistan’s Portland cement production fell 13 per cent YoY to 551,200t in February 2020, according to the country’s State Statistics Committee. In the first two months of the year, production was down 19.5 per cent to 1.02Mt when compared to the same period last year. The production of Portland cement in 2019 increased 15.9 per cent YoY to 9.68Mt, while imports declined by 6.8 per cent to 3.27Mt. |
China: outward bound23 March 2020, Published under Cement NewsChina’s Belt and Road Initiative (BRI) is now an integral part of the country’s overseas expansion policy. Since its inception in 2013, the BRI has been one of the essential vehicles driving the global spread of Chinese technology and providing a platform for corporate cement and construction giants to enter new markets. ICR takes a look at the initiative’s progress to date and the impact on China’s cement industry, as its shifts from its purely domestic production base to establishing its p... |
Uzbekistan: time to celebrate?17 March 2020, Published under Cement NewsFollowing a dramatic rise in construction activity, the Uzbek cement industry has seen local sales surge. To meet this increasing demand, existing producers are expanding their production facilities and the booming market has attracted a flood of interest from Chinese investors. By Annexure Financial Solutions, China. Uzbekistan is carrying out bold economic reforms that have resulted in a strong growth in investment and an increase in consumption, underpinning rising cement demand... |