Cement News tagged under: Uzbekistan
Uzbekistan sees lower cement output and import in 1Q2223 May 2022, Published under Cement NewsUzbekistan produced 2.448Mt of cement in the first quarter of 2022, down from 1.949Mt in the 1Q22, according State Statistics Committee. In the January-March 2022 period Uzbekistan imported 425,300t of cement with a total value of US$16.7m, representing an average price of US$39/t. When compared with the 1Q21 import volumes fell by 342,000t. In 2022 the country expects to significantly increase cement capacity from 21.3Mt in 2021 to 31Mt. |
Developing central Asia16 May 2022, Published under Cement NewsThe central Asian cement markets of Kazakhstan and Uzbekistan are among the most active accumulators of greenfield plants and expansion projects. Construction and infrastructure projects are on a huge scale and opportunities are emerging for the cement sector to play its part in the development of these countries. By ICR Research, UK. Bordering China, Kazakhstan is seeing large infrastructure projects under impetus of the Belt and Road scheme, while in Uzbekistan infrastructure pro... |
Uzbek Commodity Exchanges trades 0.944Mt of cement in 2M2201 April 2022, Published under Cement NewsIn the January-February 2022 period, Uzbekistan’s Commodity Exchange has traded 943,500t of cement, of which 864,300t, or 91.6 per cent, were sold at an average price of UZS546,700/t. The average monthly sales volume reached 432,200t. Around 32 per cent of the volumes sold was PC II A-K (P-I) 32.5N cement, followed by PC/A-I 32.5N cement, which accounted for 16 per cent of cement sold. Smaller shares sold were PTS M-400 D-20 cement (12 per cent share), Portland cement (10 per cent) an PTS ... |
Akkermann Cement receives funds to acquire Akhangaracement JSC26 January 2022, Published under Cement NewsGazprombank has allocated funds for the acquisition by Akkermann Cement CA (part of the USM group) for a 98.6 per cent stake in Akhangaracement JSC in Uzbekistan. The transaction was implemented with the attraction of financing from Gazprombank, is not just a creditor but a strategic financial partner of Akkermann Cement LLC. The group of companies under the Akkermann Cement brand is part of the diversified Russian holding USM. In 2021 Akkermann Cement produced about 4Mt of c... |
United Cement Group privatises Qizilqum Cement05 January 2022, Published under Cement NewsUnited Cement Group is privatising Qizilqumcement JSC, according to the investment company UzAssets, which operates under the State Assets Management Agency of Uzbekistan. UzAssets reached an agreement on the sale of a 86.92 per cent stake held by the Uzbek state to United Cement Group through United Cement Group plc for UZS1.89trn. The cost of the transaction significantly exceeds the level of recent similar transactions in the industry, UzAssets notes. United Cement Group undertook obli... |
CNPC begins 2.5Mta plant construction03 December 2021, Published under Cement NewsChina’s CNPC has reportedly started construction of a US$200m plant in Uzbekistan’s Tashkent region. The facility is expected to produce 2.5Mta of cement. CNPC has already imported more than 40 machines and equipment worth US$16.7m into Uzbekistan for the project. |
Qiziliqumsement prepares to launch Kiln Line 418 November 2021, Published under Cement NewsUzbek cement producer Qiziliqumsement has invested US$112m to add a fourth production line. This is the company’s the first significant investment in the plant since 1989 and it is due to come on-stream in December. Qiziliqumsement's new line, located just outside Navoi, will add 2.2Mta of cement to its output, bringing the total output to 5.8Mta, a bit less than a third of Uzbekistan’s entire cement production. “The contractors are Russian, Turkish and Chinese, although most of the... |
Uzbekistan posts 23% production increase in 1H2118 August 2021, Published under Cement NewsUzbekistan has reported a 23 per cent YoY increase in Portland cement production to 5.8Mt in the first half of 2021, according to the State Statistics Committee of Uzbekistan. The first four months of the year saw a 26.9 per cent YoY surge in production to 3.583Mt, while production in the 5M21 advanced 24.2 per cent to 4.679Mt. The Tashkent region produced the most significant volume of cement at 42.3 per cent of the total, followed by the Navoi region (32.2 per cent), Jizzakh (13 per ce... |
Uzbekistan cement imports surge in 4M2107 June 2021, Published under Cement NewsUzbekistan imported 1Mt of cement worth US$50.5m in the January-April 2021 period, more than doubling the year-ago volume of 515,100t, according to Trend reporting the latest data from the State Statistics Committee of Uzbekistan. Kazakstan was the largest importer with 498,900t of cement, followed by Kyrgyzstan (278,500t) and Tajikistan (234,700t). In March, the Uzbekistan government suspended the 30 per cent customs duty on cement imports until 1 October 2021. The suspension is expecte... |
Lamanka Enterprises acquires Akhangarancement stake28 May 2021, Published under Cement NewsCyprus-based Lamanka Enterprises Ltd has reportedly bought 84.197 per cent of the shares in Akhangarancement JSC in Uzbekistan. The stake was acquired for UZS557.6bn (US$52.7m) according to Uzbekistan Daily. In March 2021, Eurocement Holding AG announced its plan to sell a block of shares in Akhangarancement. The price was set at UZS103,593.05 but the block of shares was sold at a rpice of UZS134,671.68. |