Azerbaijan: The State Statistics Committee says that the country produced more than 3.2Mt/yr of cement in the first nine months of 2018. The record figure is a rise of 21.2% year-on-year from the same period in 2017, according to the Turan Information Agency. The production growth has been attributed to protectionist policies by the local government including introducing tariffs on cement imports. These duties were started in 2016 and will run until 2020.
Russian competition body approves Siberian Cement’s purchase of Optic Holding
Russia: The Federal Antimonopoly Service (FAS) has approved a merger of Pereval Pit and Angarsk Cement with Optic Holding. Siberian Cement will gain a 99.9% stake in Optic Holding following the deal, according to the AK&M Agency. The application to FAS was made in mid-October 2018. Angarsk Cement is part of Siberian Cement group.
South Khorasan province in Iran produces 0.77Mt in first nine months
Iran: Dawood Shahrakyh, the head of the South Khorasan Industry, Mining and Trade Organization, says that the two cement plants in South Khorasan province have produced 0.77Mt of cement in the first nine months of Iranian year that started on 20 March 2018. This represents a rise of 22% year-on-year since the same period in the previous year, according to the SHATA news agency. 0.45Mt of local production was exported. The province lies on the country’s border with Afghanistan.
Gujarat state government signs memorandum of interest with Sanghi Industries
India: Sanghi Industries has signed a memorandum of interest with the Gujarat state government to expand its Kutch cement plant. It plans to invest around US$213m on the project, according to the Times of Indian newspaper. The plant will be expanded to a cement production capacity of 8.6t/yr from 4Mt/yr. The project is scheduled for completion by 2020 and it will create 350 new jobs.


