Displaying items by tag: Georgia
Boral completes acquisition of Headwaters
09 May 2017US: Boral has completed its acquisition of Headwaters, a leading building products manufacturer and fly ash marketer in North America. Boral USA and Headwaters will form a new division to be named Boral North America, which will be headquartered in Atlanta, Georgia, the location of Boral’s current US headquarters.
Cement producers launch Georgian Cement Association
20 January 2017Georgia: HeidelbergCement Caucasus (HCC) and the Georgian Building Group (GBG), a subsidiary of Kavkaz Cement, have formed the Georgian Cement Association. The association intends to focus on the quality of cement sold in the country and to create a publicly-recognisable seal of quality.
Domestically produced cement will be sampled in blind tests from product purchased from the open market. Testing shall be conducted primarily by an independent and neutral laboratory, such as the Georgian Technical University, and reconfirmed by parallel testing. Additionally, the Chamber of Commerce and industry of Georgia will supervise the process. The goal of the association is to create a respected and well-recognised ‘Good Quality Seal’ that only members will be able to use on packaging and in advertising.
Other aims of the association include working with the government and appropriate official bodies to tackle industry relevant issues and to promote the industry generally through the creation of jobs and economic growth.
Georgia: Gebr Pfeiffer has received an order to supply a mill for HeidelbergCement Group’s Kaspi plant. The vertical roller mill will be used in a new 3000t/day kiln line at the site. The order was placed through the China’s Sinoma Chengdu in November 2016.
The type MPS 4000 B mill, equipped with a SLS 3750 B type classifier, has been designed for a capacity of 270t/hr of raw meal. The mill will be delivered with an enlarged housing to allow the raw material with a moisture of up to 10% to be dried almost exclusively with the available preheater gases.
Commissioning of the plant is scheduled for 2018.
HeidelbergCement starts upgrade at Kaspi Plant
29 September 2016Georgia: HeidelbergCement has started work to upgrade its Kaspi plant with a new dry-process production line. The project officially started on 27 September 2016 with Prime Minister Giorgi Kvirikashvili laying a foundation stone at the site.
“We welcome that today HeidelbergCement is starting an US$100m investment project on the Kaspi plant for full modernisation of the plant and constructing a dry line for clinker production. This project will make the production process more efficient,” said Kvirikashvili.
Georgia: Construction has started on a new US$120m cement plant in Senaki, Samegrelo. The project, Black Sea Cement, is a joint venture between China’s Hualing Group and a Georgian construction company. The plant will have a clinker production capacity of 0.9Mt/yr and a cement production capacity of 1.5Mt/yr. It is expected to create over 500 jobs. Prime Minister Giorgi Kvirikashvili launched construction of the plant on 25 June 2016.
Georgia: HeidelbergCement Caucasus has announced that it will spend US$120m on upgrading its Kaspi cement plant in the Shida Kartli region. HeidelbergCement will work with the Georgian Co-Investment Fund (GCF) and Hunnewell Partners, a private equity firm, on the project, according to government news source Agenda.ge.
Most of the budget will be spent on building a new dry cement production line at the site. The remainder will be invested towards developing the plant’s supporting network of ready-mix concrete and aggregate plants. Construction will start in July 2016 with completion intended for mid-2018. The three companies also said that they are investigating expanding their production base in west Georgia after completing the Kaspi plant expansion project.
Heidelberg Cement started operating in Georgia in 2006 after it acquired a stake of 75% in SaqCementi. It operates two integrated cement plants in Kaspi and Rustavi, a grinding plant in Poti and a cement terminal in Supsa.
Georgia to build US$100m cement plant in Senaki
19 April 2016Georgia: The government of Georgia is to build a US$100m cement plant in Senaki, Samegrelo. The project will be joint-investment with an unnamed Chinese company. Construction will start in June 2016 and the plant is expected to employ 500 people in its construction phase. The project was discussed at a meeting between Prime Minister Giorgi Kvirikashvili and businessman Tsezar Chocheli, according to the Sarke Information Agency.
Tianshan Cement to establish joint venture in Georgia
19 August 2015Georgia: Xinjiang Tianshan Cement has recently signed an agreement with a Georgian cement company and Xinjiang Hualing Industry & Trade to establish a joint venture in Georgia.
With total investment of US$60m, the joint venture will launch a production line with 3000t/day of clinker capacity and 1.2Mt/yr of cement capacity. Xinjiang Tianshan Cement and Xinjiang Hualing Industry & Trade will control an at least a 65% stake the venture, while the Georgia-based cement company and Xinjiang Hualing Industry & Trade will jointly control a 35% stake at most.
Azerbaijan takes more Georgian cement in first half of 2013
27 August 2013Azerbaijan/Georgia: A total of 249,770t of cement, worth US$18.5m, was exported from Georgia to Azerbaijan in the first half of 2013, according to a report by the National Statistical Service of Georgia. For comparison, in January to June 2012 196,080t of cement worth US$14.4m was exported from Georgia to Azerbaijan.