Cement News tagged under: Eastern Europe
CRH continues to invest in Ukraine08 May 2024, Published under Cement NewsCRH has invested a total of US$80m in Ukraine since the start of the Russia-Ukraine conflict, according to Guillaume Cavalier, president of CRH in Central and Eastern Europe. This brings the company’s investment in Ukraine over its 25-year history in the country to over US$500m, reports bne IntelliNews. “Investing in the expansion of production now is crucial to ensure the potential growth of the Ukrainian cement market following its integration into the EU,” Cavalier remarked, highli... |
Saint-Gobain signs Romanian energy deal06 May 2024, Published under Cement NewsSaint-Gobain has signed a five-year renewable electricity supply agreement (power purchase agreement or PPA) in Romania with energy supplier OMV PETROM SA. The contract covers the purchase of green electricity from wind and photovoltaic sources provided by OMV PETROM SA and will start in January 2026. OMV PETROM SA will provide around 800GWh of green electricity for a period of five years. This contract, combined with a photovoltaic park currently in the final stage of development at ... |
Uzbekistan sees opening of new 2.5Mta cement plant30 April 2024, Published under Cement NewsThe opening ceremony of a new 2.5Mta cement plant took place in the Andijan region of Uzbekistan, according to Trend. China-based Conch International Holdings Ltd and Zhejiang Shanfeng Building Materials Co Ltd invested US$250m in the Andijan Conch project near the border with Kyrgyzstan. Uzbek cement production reached 15.5Mt in 2023. In January 2024 the sector supplied an output of 627,900t, more than doubling the production of January 2023. |
Turkey exports to Georgia up 7% in 1Q2423 April 2024, Published under Cement NewsTurkey has increased its exports of cement products to Georgia by 6.8 per cent YoY to US$17m in the January-March 2024 period, according to the country’s Trade Ministry. However, exports to global markets were down by 7.4 per cent YoY to US$1.1bn in the 1Q24. In March alone, cement product exports to Georgia were up 4.4 per cent YoY to US$7.6m. On a global scale Turkey’s exports were down 1.1 YoY to US$390m. |
Cement consumption in Ukraine increased 17% in 202319 April 2024, Published under Cement NewsCement consumption in Ukraine rose by 17 per cent last year, up 5.4Mt compared to 2022, says Pablo Kachur, head of the country's cement association, Ukrcement Association. “A similar jump is not predicted this year, but we will probably get 6Mt of domestic cement consumption,” said the representative. Ukraine’s peak pre-war consumption was 10.6Mt (2021), according to The Global Cement Report, 15th Edition . This figure fell to 4.5Mt, following Russia’s invasion of the country in 2022,... |
Belarusian cement plants post losses16 April 2024, Published under Cement NewsIn 2023 OAO Krichevcementnoshifer reported a loss of BYN120.65m (US$36.9m), a fourfold YoY increase despite a 9.3 per cent YoY revenue increase, according to Charter 97. OAO Krasnoselskstroymaterialy doubled its loss to BYN55.1m in 2023 when compared with 2022 while its revenue saw a 5.6 per cent YoY uptick. The OJSC Belarussian Cement Plant reduced its net loss by 16 per cent to BYN34.36m in 2023 while its revenue declined by 2.9 per cent over the same period. The Belarusian ce... |
Lebap Cement takes delivery of 25 dump trucks16 April 2024, Published under Cement NewsTurkmenistan-based Turkmen Cement plant saw delivery of 25 SYZ320C-8Y dump trucks by SANY in March during the second phase of the 1Mta Lebap cement plant project in Koytendag, The dump trucks have a cargo capacity of 20m 3 and a lifting angle of 45° with front lifting. They are powered by a Yuchai YC6MK400-50 engine and comply to Euro V emission standards. The introduction of the trucks will improve the efficiency and reliability of construction and logistics operations. |
Steppe Cement posts 24% drop in 1Q revenue05 April 2024, Published under Cement NewsKazakhstan-based Steppe Cement reported revenue of KZT3.779bn (US$8.4m) in the first quarter of 2024, down 23.5 per cent from KZT4.938bn in the year-ago period. The company's market share in Kazakhstan contracted to 11.5 per cent in the 1Q24 from 12.7 per cent in the 1Q23. Steppe Cement sold 175,383t of cement, representing a 18.4 per cent drop when compared with the 1Q23 when sales volumes stood at 214,832t. The average price received by the cement producer fell 6.3 per cent to KZT21,545... |
Rebuilding boosted Turkey cement in 2023 and expected to be key driver in 202403 April 2024, Published under Cement NewsDomestic cement sales in Turkey came in at 5.602Mt in December 2023, down 5.5 per cent MoM and 14.9 per cent YoY, according to Turkey’s cement manufacturers association, Türkçimento. Cement production fell 7.6 per cent MoM but rose 1.1 per cent YoY to 6.653Mt. Cement exports were up 5.5 per cent MoM but down 27.3 per cent YoY to 1.042Mt while clinker exports jumped 98.2 per cent MoM but were down 19.4 per cent YoY to 0.582Mt. January-December 2023 Turkey’s cement industry reported a s... |
Buzzi SpA's 2023 regional results see cement sales climb in Italy03 April 2024, Published under Cement NewsBuzzi SpA reported domestic hydraulic binders and clinker sales in Italy up 2.1 per cent in 2023, while the ready-mix concrete output slightly declined 1.4 per cent. The average prices of cement and concrete confirmed their improvement compared to the previous period. Such trend in volumes and prices led to net sales of EUR818.3m, up 12.7 per cent (EUR726.2m in 2022). Ebitda achieved EUR175.2m, more than doubled compared to EUR82m of last year. USA US cement sales closed the year sli... |