Owner Multi Group Holding | Products Portland Cement Website www.araratcement.am Parent organization Multi Group Concern | |
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Type Closed Joint-Stock Company |
Ararat Cement Factory CJSC is one of two companies in Armenia which produce cement. It is owned by Gagik Tsarukian's Multi Group Concern. Founded in 1927 during the Soviet era near the present-day town of Ararat, and continued as a state owned company until 2002 when it was privatized and sold to Multi Group Concern.
Massive investments and moderniztion process were run after the privatisation, allowing modern technologies to be installed at the factory. It was later granted an ISO-2001-2002 international certificate.
The factory's production includes: Fast hardening Portland cement without additives, Portland cement with mineral additives, Portland cement without additives and slag Portland cement.
References
Ararat Cement Wikipedia(Text) CC BY-SA