In the past six months after commissioning in July 2014 the factory Norm Cement reached its design capacity. Today, the daily output of the furnace reaches 5,000 tons of clinker.
According to experts of the enterprise, this year it guarantees the production of 2 million tons of cement per year.
In LLC Norm they told Turan that parallel work is underway to expand the assortment of cement products and to produce six items of it. To solve this problem, construction of a cement silo workshop consisting of 6 sections with a capacity of 15,000 tons began.
Work on the design and construction of the plant Norm Cement began in 2008. Investment in the creation of the largest cement plant in the South Caucasus amounted to $ 350 million. ---08B
Economics
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According to data released by the State Statistics Committee, Azerbaijan’s agricultural sector achieved slight production growth in the first eight months of 2024. The total volume of agricultural production reached 8.723 billion manats, which is 0.8% higher than during the same period last year. However, this growth occurs against a backdrop of increasing food imports, despite significant government subsidies aimed at supporting domestic agriculture.
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Azerbaijan has unveiled strong fiscal indicators for the first eight months of the current year, reporting a state budget surplus that underscores the country’s economic resilience amidst global uncertainties. According to operational data released by the Ministry of Finance, state budget revenues from January to August 2024 reached 25 billion 223.4 million manats, while expenditures amounted to 22 billion 362.4 million manats.
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Azerbaijan has made significant progress in diversifying its energy balance, with renewable sources playing an increasingly important role in the country's electricity production. Operational data for January-August 2024 show that total electricity generation reached 19,235.4 million kilowatt-hours (kWh), marking a noticeable shift towards greener energy.
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Bilateral relations between Azerbaijan and Russia are accelerating, particularly in the agricultural sector, as Deputy Prime Minister Shahin Mustafayev and Russia’s Minister of Agriculture Oksana Lut underscored during their high-level meeting on September 13 in Baku.
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