The government of Uzbekistan announced on Wednesday that it commissioned a new cement plant in the Zafarabad district of the Jizzakh region.
Operating within the Almalyk Mining and Metal Plant, the Jizzakh Cement Plant is projected to produce 350,000 tons of white cement and 760,000 tons of Portland cement annually.
The availability of major deposits of limestone, the principal raw material for the production of cement, is the basis for the construction of the mill. Loess, another crude essential for the production of cement, is also mined in Jizzakh.
Gypsum will be brought in from the Bukhara region and quartz will be transported from the Navoi region. Kaolin and iron-containing additives will be carried in from the Tashkent region.
Seventy percent of the white cement is intended for export, as there is great demand on the global market for the product.
While all the production process at the mill will be automated, the mill will still create 430 new jobs.
- UniCredit sells non-performing mortgage loans
- European Investment Bank lends millions to AccessBank to finance small businesses
- First Ukrainian International Bank among most transparent financial institutions in region, study says
- VTB Bank named best trade-finance bank in Russia by magazine
- AtaBank, Central Bank of Azerbaijan Republic host financial literacy event
- Richard de Keijzer named managing director for ABN AMRO Commercial Finance in the UK
- Galt & Taggart named Best Investment Bank in Georgia by Global Finance magazine
- Armeconombank customers can repay loans via Idram, EasyPay terminals
- Kapital Bank joins American Bankers Association
- CEO of ACBA-Credit Agricole Bank receives Tigran Mets medal