Hrazdan Cement, located in Armenia’s central Kotayk province, is expected to increase output up to 200,000t, the country’s Minister of Economy Karen Chshmarityan, has said.
Chshamrityan said in 2015 the plant produced about 80,000t of cement, the bulk of which was exported, Arka news agency reported. In 2015 autumn the company paid AMD150m of taxes and repaid wage arrears to the tune of AMD180m
Hrazdan Cement is one of two cement producers in Armenia. In 2014 it received a US$4.6m loan from the VTB Bank of Armenia to resume operations after standing idle for some time.

Vietnam sees higher February dispatches
Cement dispatches in Vietnam increased by 62 per cent YoY to 4,099,468t in February 2025, accord...