According to Uzbek media reports, UTD Holding and the Uzpromstroymaterialy Association signed an agreement on July 22 to expand cement plants in the Jizzakh and Farish regions of Uzbekistan. As Aziz Gafurov, managing director of UTD Holdings, said, more than 400 million euros are planned to be invested in the project from the self-sustaining fund. "The initial plan was to increase the capacity of the plant to 4 million tons, but with the development of the new limestone open-pit mine and the Almaz oil field, the plant decided to increase its capacity to 5 million tons, of which 1 million tons are white cement and 4 million tons are Portland cement,"
Aziz said. This is the most widely used type of cement in any country. The CEO pointed out that the new products, including high-quality cement M500, M600, M900 and white cement, will meet the standards of the International Atomic Energy Agency and can be used to build nuclear power plants. There is an increasing demand for quality cement in the local market, so producers will mainly focus on the cement market in Uzbekistan. Subsequently, 40% of the products are planned to be exported to Afghanistan, Kazakhstan, Kyrgyzstan, the United Arab Emirates and other countries. The launch of the new product will provide around 1,500 new jobs and over 8,000 people will be attracted to the service infrastructure.
The Jizzakh Cement Plant is part of the Almalyk Mining and Metallurgy Complex and is open until 29 March 2019. At present, the capacity of the enterprise is to produce 350,000 tons of white cement and 760,000 tons of Portland cement per year. Raw material for the plant is sourced from limestone quarries in Balikli and Kutarma, located 1.5 km from the enterprise. Founded in early 2019, UTD Holdings has a budget of more than 3 billion euros for the next two years.
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