# HeidelbergCement completes $100M upgrade of Kaspi cement plant

HeidelbergCement Caucasus completed the expansion and modernization of its Kaspi cement plant near Tbilisi, Georgia, with $100 million in investments. The plant now has a new dry-process clinker production line, increasing capacity to 3,000 tonnes per day.

- Type: Expansion
- Announced: 2019-02-09
- Where: Kaspi, near Tbilisi, Georgia
- Value: $100.0M
- Starts operating: 9 Feb 2019
- Status: completed
- Capacity: 3,000 tonnes per day
- Products: cement, clinker
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [HeidelbergCement](https://endata.com/companies/20595.md)
- [HeidelbergCement Caucasus](https://endata.com/companies/37207.md)
- [Georgian Co-Investment Fund](https://endata.com/companies/28056.md) (partner)
- [Hunnewell Partners](https://endata.com/companies/28057.md) (partner)

## Sources

- [apsny.ge](https://www.apsny.ge/economics/1549748810/), 2019-02-09: "Компания HeidelbergCement Caucasus... завершили работу над расширением и модернизацией Каспского цементного завода близ Тбилиси."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.