AGMK to expand capacity of cement plant in Jizzakh region
10/04/2015 11:42
AGMK to expand capacity of cement plant in Jizzakh region
10/04/2015 11:42
Tashkent, Uzbekistan (UzDaily.com) -- Almalyk Mining and Metallurgy Combine (AGMK) will realize a project on expansion of the capacities of Jizzakh cement plant up to 1 million tonnes.
Acting head engineer of the cement plant Ismatulla Abdullaev said in interview to AGMK press service said that President of Uzbekistan Islam Karimov signed a resolution “On measures on realization of investment project “On expanding cement plant in Jizzakh region” on 18 March 2015.
The document envisages construction of the second stage of the cement plant, which will allow to increase capacity of production of portlandcement up to 1 million tonnes a year, he said.
Abdullaev underlined that the company is currently working on signing agreement with teknik makina tigaret ve sanayi A.S. for development of working documentation of technological part and supply of equipment, execution of construction and start-adjusting works on turn-key bases.
The project cost is US$35.8 million. It will be financed due to resources of the Fund for reconstruction and development of Uzbekistan at the size of US$14 million, own resources of AGMK – US$9 million and loans of Uzbek banks – US$12.8 million.
Almalyk Mining and Metallurgy Combine (AGMK) launched a plant on production of Portland cement and white cement in Zafarabad district of Jizzakh region of Uzbekistan in the end of March 2014.
The capacity of the plant makes up 350,000 tonnes of white cement and 760,000 tonnes of Portland cement a year. About 70% of products will be exported.
The project with the cost of US$114.2 million was financed due to loans of the Fund for Reconstruction and Development of Uzbekistan for US$74.2 million and own resources of AGMK – US$40 million.
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