Azerbaijan: custom duty on cement increases
Imported cement into Azerbaijan is subject to a higher customs duty as of 3 November. The Cabinet of Ministers announced that the new duties will be valid for two years. Acc...
Azerbaijan
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Azerbaijan: domestic cement production to be protected against imports
Azerbaijan's government has decided to change the import procedures of cement and clinker among other goods to protect domestic production from imports. This decision ...
Azerbaijan: Akkord Concrete and Gazakh Cement merge
The Akkord Industry Construction Investment Corporation OJSC has merged two of its businesses. The Akkord Concrete LLC and Gazakh Cement plant LLC have been merged, according...
Azerbaijan: EBRD increase stake in Holcim plant
The European Bank for Reconstruction and Development (EBRD) has raised its stake in the equity capital of Holcim (Azerbaijan) OJSC in Azerbaijan (formerly Garadagh Cement Plant...
EBRD postpones its decision on 20% stake in Holcim Azerbaijan
The European Bank for Reconstruction & Development's (EBRD) Board of Directors has postponed the pending decision on raising the bank’s stake in the equity capital of Holcim (A...
Azerbaijan: Cement production drops by 30% in year to May
Cement production in Azerbaijan has fallen by 30.3 per cent for the five months to May 2016, Azer press reports. The national statistics committee put the decline in output ...
Azerbaijan: EBRD 20% LafargeHolcim investment
The European Bank for Reconstruction and Development (EBRD) is considering the purchase of up to a 20 per cent stake in LafargeHolcim’s cement and clinker plant in Azerbaijan. ...
Russia: new cement plant for Dagestan
Azerbaijani investors will build a 1.8Mta cement works, Dagestan Cement Plant, and a 30ha Trade and Logistics Centre between Makhachkala and Kaspiysk, according to Ramadan Abdu...
Norm Sement plans to begin oil well cement production in 2016
Azerbaijan-based producer Norm Sement plans to start producing oil well cement from 2016 to reduce reliance on imports, Hasan Yalcinkaya, CEO of the company, said at a briefing...
Norm Sement works reaches design capacity, Azerbaijan
Norm Sement has reached design capacity of its 2Mta Qizildas cement plant in Azerbaijan, and is confident on the outlook for the year ahead as it looks to increase market share...