Central Asian Cement
Central Asian Cement, founded in 2003, is the third largest cement producer in Mongolia, with total production of 20,000 tons in 2010 and a total plant capacity of 80,000 tons. Revenues are generated through production and sale of cement in Mongolia. The cement production facility is located on a 3-hectare plot of land with a long-term lease in Ulaanbaatar with circa 50 employees. The plant is connected to the local power grid and the plant has its own power (transformer) station and a deep well for water supply.
Clients include infrastructure, mining and construction companies in Mongolia. Current demand for CAC’s cement products far outstrips its current production level because the Company is operating at well below capacity due to a shortage of working capital. The Company is a solid profitable business with strong growth potential due to growing demand for cement as a result of a boom in the infrastructure, construction and mining industries in Mongolia.
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