German Christian Pfeiffer wins tender on modernization of Uzbekistan’s Kyzylkumcement
Uzbekistan, Tashkent, Sept.24 / Trend, D.Azizov /
German Christian Pfeiffer GmbH won a tender to modernize Kyzylkumcement (Navoi city, central part of Uzbekistan) worth about $120 million, the Uztyazhneftegazkhimproekt, organizer of the tender, said.
The Uzbek government announced a tender for the modernization of Kyzylkumcement worth $125.07 million in July.
Under the terms of the tender, the winner must carry out delivery of 'turnkey' process equipment for the reconstruction of the branches of a cement grinding and installation of two new cement mill with capacity of one million tons per year.
In case of the winner's refusal to implement the project reserve equipment supplier will be the Russian JSC Tyazhmash.
The project will be financed at the expense of the Uzbek banks' loans and Kyzylkumcement's own funds.
In April 2008, French Satarem SA won the tender for the construction of a production line with capacity of one million tons annually, worth about $150 million at Kizilkumcement. But later it failed to confirm the technical parameters of its tender offer.
Earlier it was reported that the JSC Kizilkumcement, the largest cement plant in Uzbekistan, has commissioned a mill unit with capacity of 500,000 tons of Portland cement M-500 resin, which is used for cementing oil and gas wells and the construction of waterworks.
Germany's Christian Pfeiffer GmbH was the supplier of basic technical equipment.
JSC Kyzylkumcement was commissioned in 1977. Its designed capacity is more than 3.1 million tons of cement per year, produced by the "dry" method.
Authorized capital amounts to 192.99 billion soums. The state owns 90.35 percent of shares, and the labor collective owns 9.65 percent of shares.
The company increased production of cement by 3.2 percent to 3.145 million tons, and exports by 1.2 percent to 765,000 tons, in 2009.
Six cement plants with total installed capacity of about 7 million tons operate in Uzbekistan. The largest ones are OJSC Kyzylkumcement (3.15 million tons), JSC Akhangarancement (1,74 million tons) and OAO Kuvasaytsement (920,000 tons).
Cement production in Uzbekistan increased by 3.1 percent in 2009 compared to up to 6.853 million tons in 2009.
The official exchange rate is 1618.89 soums to $1 Sept.24.