Georgia: A US$70m expansion of the Kaspi cement plant has begun, according to parent company Hunnewell Cement. The company said that the project will include a new clinker line and additional grinding capacity to bring total production to 2Mt/yr, from 1Mt/yr at present. The opening of the project was attended by Hunnewell Partners’ managing partner Irakli Rukhadze, Hunnewell Cement’s director David Jugashvili, director general of the Georgian Co-Investment Fund Ivane Khvedelidze and Georgia’s Prime Minister Irakli Kobakhidze.
The company said that the project will facilitate reduction of the country’s dependence on imports and ‘ensure uninterrupted supply to major infrastructure projects.’
