Turkish Dal Engineering Group to construct cement plant in Uzbekistan

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Uzbekistan/Turkey: The Turkish Dal Engineering Group plans to commission a new 1.5Mt/yr cement plant in Surkhandarya by late 2017. A Turkish company and Almalyk Mining and Metallurgical Combine (AMMC) have signed a memorandum on cooperation for the construction of the cement plant.

The US$225m cement plant will potentially be financed by a US$90m loan from the Fund for Reconstruction and Development of Uzbekistan, commercial banks loans totalling US$110m and the equity of AMMC, worth US$24.4m.

Uzbekistan currently has six cement plants with a total installed capacity of more than 7Mt/yr. The largest of them are Kyzylkumcement (3.08Mt/yr), Akhangarancement (1.74Mt/yr) and JSC Kuvasaycement (920,000t/yr). Cement production in Uzbekistan in 2014 increased by 5.1% to 7.35Mt.

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URL: https://www.globalcement.com/news/item/4345-turkish-dal-engineering-group-to-construct-cement-plant-in-uzbekistan

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