Georgia cement exports to Azerbaijan up 8% y/y
Published by Katherine Guenioui,
Editor
World Cement,
Newly released statistics show that some 317 640 t of cement was exported from Georgia to Azerbaijan in January – August 2013. This equates to 5.01% of total exports from Georgia to Azerbaijan and is an increase of 8.12% y/y. The total value of the cement exports over this period is estimated at US$23.44 million.
Cement demand in Azerbaijan is increasing and significantly outstrips supply, though new capacity is coming through to close this gap. The Gazakh Cement plant was officially opened this summer, adding 1 million tpa of cement to the country’s capacity. This followed the inauguration of the 1.7 million tpa Holcim (Azerbaijan) OJSC cement plant in 2012. In all, the cement market is expected to grow by 2.5% between 2012 and 2016 on the back of an oil and gas boom.
Edited from various sources by Katherine Guenioui
Read the article online at: https://www.worldcement.com/europe-cis/02102013/azerbaijan_imports_more_cement_from_georgia_238/
You might also like
The World Cement Podcast - CleanTech & Venture Capital
Our guest for this episode of the World Cement Podcast is Alfredo Carrato, Venture Capital Advisor for CEMEX Ventures. Listen in to the conversation as World Cement's Senior Editor, David Bizley, and Alfredo discuss the role of venture capital and cleantech in enabling the cement industry's green transition.
Tune in to the World Cement Podcast on your favourite podcast app today.