Tag Archives: cement

Tajikistan boosts trade with Afghanistan

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JUNE 2 2017 (The Bulletin) — Trade between Tajikistan and Afghanistan has increased considerably over the past few years, Tajik transport minister Khudoyorzoda Khudoyor said on a visit to Kabul. This is important for Western strategists who have tried to promote trade between Central Asia and Afghanistan and Pakistan as way to impose a lasting peace in the region. Specifically, Mr Khudoyor said that Tajikistan had exported $74m of goods to Afghanistan in the first four months of the year, including $11m worth of cement.

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(News report from Issue No. 331, published on June 5 2017)

 

China wants to invest in cement production in Uzbekistan

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MARCH 28 2017 (The Conway Bulletin) — China’s Anhui Conch Cement Co. said that it wanted to invest in a 2m tonne/year cement plant in Uzbekistan because of the improve economic conditions in the country. Cement production has become big business in Uzbekistan with Chinese, Turkish and Russian companies all setting up production there, but if Anhui Conch did build a 2m tonne capacity plant it would be one of the biggest, if not the biggest, in the country.

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(News report from Issue No. 323, published on April 6 2017)

Tajikistan increases cement exports

JAN. 25 2017 (The Conway Bulletin) — Tajikistan quadrupled its cement production in 2016 to 2m tonnes and opened up export routes to its neighbours, media reported quoting the ministry of industry. Chinese investment has built three new cement-making factories, adding a vital export to Tajikistan’s economy. Previously Tajikistan had only exported to Afghanistan and Kyrgyzstan. Now it also exports to Uzbekistan.

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(News report from Issue No. 314, published on Jan. 27 2017)

Kazakh cement maker reports soft market

JAN. 13 2017 (The Conway Bulletin) — Steppe Cement, the London-listed Kazakhstan-based cement producer, posted full year results which showed a 4% drop in production and a 4% fall in prices because of a fall in demand. Steppe Cement’s main market is Kazakhstan which has been struggling to maintain economic output because of a drop in oil and gas prices, a recession in Russia and fall in the value of the tenge. Steppe Cement said it was going to focus on maintaining prices over market share in 2017.

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(News report from Issue No. 313, published on Jan. 20 2017)

HeidelbergCement to invest in Georgia

SEPT. 28 2016 (The Conway Bulletin) – Germany’s HeidelbergCement said it will invest $100m into expanding its cement and concrete plant in Kaspi, a small town 50km outside of Tbilisi in northern Georgia. HeidelbergCement has operated in Georgia for 10 years.

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(News report from Issue No. 298, published on Sept. 30 2016)

Cement plant expands in Uzbekistan

JULY 28 2016 (The Conway Bulletin) — Turkish company DAL Teknik Makina completed the expansion of one of the largest Uzbek cement complexes, the ministry of economy said in a statement. State- owned Almalyk Mining-Metallurgical Complex commissioned the expansion of the cement plant in the Jizzakh region near Samarkand, southern Uzbekistan, for $35.8m. The plant should now increase production of cement to 650,000 tonnes in 2016 and to around 1m tonnes thereafter. Last year, China’s Shanfang Cement pledged a $130m investment to build a new cement plant in Uzbekistan.

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(News report from Issue No. 291, published on Aug. 1 2016)

Uzbekistan increases cement production

NOV. 24 2015 (The Conway Bulletin) – Uzbekistan has increased its cement production by 7% so far this year, media reported quoting industry executives (Nov. 24). They also said that they plan to add more capacity to their production. Uzbekistan is a net exporter of cement. It has become big business and is a major employer.

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(News report from Issue No. 258, published on Nov. 27 2015)

Dal Engineering signs memorandum to build cement plant in Uzbekistan

NOV. 10 2015 (The Conway Bulletin) — Turkish construction company Dal Engineering signed a memorandum to start building a new $225m cement plant in Uzbekistan. Dal Engineering will partner with state- owned Almalyk Mining and Metallurgical Combine to build a 1.5m tonnes/year plant in the southern region of Surkhandariya by 2017. Slow foreign investment has delayed the project. Once built, the new plant will increase cement production capacity in Uzbekistan by 20%.

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(News report from Issue No. 256, published on Nov. 13 2015)

 

Uzbekistan says it wants foreign investment

NOV. 6 2015 (The Conway Bulletin) – Uzbekistan’s government said it wanted foreign investors to buy stakes in state-owned enterprises, part of a privatisation plan it said was designed to bring expertise into some of its biggest companies.

Deputy PM Rustam Azimov made the statement at an investment forum in Tashkent.

“[The plan is] to attract strategic investors who are able to bring new technology and equipment (and) organise the production of modern and competitive products,” Reuters quoted Mr Azimov as saying.

He cherry-picked three companies, seemingly as a teaser to pique foreign investor interest. These were cement maker Kizilkumcement, chemical producer Ferganaazot and electronics plant Foton.

For foreign investors, though, Uzbekistan has always been a complicated to do business in. It holds a high level of natural resources, mainly gold, gas and cotton, but is riddled through with corruption and intrigue. Western companies have previously had their assets taken by the Uzbek state too.

It remains to be seen if Uzbekistan is serious about opening up to foreign investors — and also whether these investors are Western, Korean, Chinese, Russia or from elsewhere.

The Uzbek government does need to raise funds though to deal with the current economic malaise.

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(News report from Issue No. 256, published on Nov. 13 2015)

 

Chinese cement to expand in Tajikistan and Uzbekistan

SEPT. 29 2015 (The Conway Bulletin) — Shangfeng Cement, a Chinese cement producer, aims to raise 1.5b yuan ($235m) to fuel its expansion into Tajikistan and Uzbekistan. The two projects Shangfeng plans in Central Asia both have a capacity to produce 3,200 tonnes of cement per day and will cost around $130m. Shangfeng plans to sell its cement in Tajikistan, Uzbekistan and northern Afghanistan.

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(News report from Issue No. 250, published on Oct. 2 2015)