Azerbaijan, Baku, April 5 / Trend A. Akhundov /
"By mid 2013 Akkord Industry Construction Investment Corporation OJSC is finalizing installation of the first production line of a cement plant in Gazakh region of Azerbaijan, the feasibility study of which was worked out by Deloitte, the Board of Directors & General Director of the OJSC Khagani Guluzadeh told in his interview to 'The Business Year' journal.
"The plant, having the prospective production capacity of 3 million tons of cement per year, will enable us to meet up to 75 percent of local demand for cement. The plant's construction covers two stages. The first stage envisages the annual production of 1 million tons of cement and will be commissioned in mid 2013. The second stage will produce an additional 2 million tons of cement per year," Guluzadeh said.
According to him, the development of the Gazakh Cement Plant for Akkord is carried out by CBMI, a subsidiary of the world renowned S1NOMA of China.
"We will apply the dry cement production method at the plant and the majority of the 1.000 people working at the plant will be recruited locally," Guluzadeh said.
