Eurocement Group and Uzstroymateriali sign agreement on construction of new cement plant
02/11/2017 18:16
Eurocement Group and Uzstroymateriali sign agreement on construction of new cement plant
02/11/2017 18:16
Tashkent, Uzbekistan (UzDaily.com) -- Chairman of the Board of Directors of Eurocement Group Filaret Galchev and Chairman of the Board of Uzstroymateriali (Uzbek Construction Materials) Botir Zaripov signed an agreement on procedure for implementation of an investment project for construction of a new plant for production of cement with “dry method” on the basis of Akhangarancement.
The signing ceremony took place in Tashkent on 2 November in the presence of the Prime Minister of the Russian Federation Dmitry Medvedev and the Prime Minister of the Republic of Uzbekistan Abdulla Aripov.
The agreement envisages for organization of mutually beneficial cooperation between Eurocement Group and Uzstroymateriali in implementation of the investment project for construction of the cement plant in Tashkent region on the basis of Akhangarancement with an energy-efficient “dry” method with a capacity of 3 million tonnes of cement a year.
In particular, the document regulates the signing of a contract between Akhangarancement and Beijing Triumph International Engineering Co. (part of the CNBM industrial group, PRC).
Within a contract worth over US$160 million, Beijing Triumph International Engineering Co. will carry out design, construction, supply, production and installation of equipment of the plant, as well as training of personnel. The project will be implemented by 2020.
Filaret Galchev said that production capacities of Akhangarancement is now loaded for 100%. Demand for cement is growing both in Uzbekistan and neighboring states. New plant will meet demands of Uzbekistan and neighboring states in cement.
A new plant with a capacity of 3 million tonnes of cement a year will become the largest cement enterprise in Central Asia and will be equipped with high-tech equipment mainly from European manufacturers. The selection of CNBM, the world leader in the field of cement engineering and cement production as a contractor, will enable Eurocement Group to create one of the most efficient and modern enterprises of the world cement industry in Uzbekistan.
During the construction of a new cement plant, the demand for high-quality cement in the Republic of Uzbekistan and neighboring countries will continue to be satisfied by the existing plant Akhangarancement.
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