Eurocement Group raises 7M-2006 shipments

Eurocement Group raises 7M-2006 shipments
Published: 08 August 2006

Eurocement Group raised cement shipments to customers by 13 per cent year-on-year in 7M2006.  The company is operating at over 90 per cent capacity utilisation (77% in 2005). This became possible because Maltsov Portlandcement, Oskolcement, Belgorodcement, and Kavkazcement had attained highest ever output levels. The Lipetsk Works underwent a revamp to raise capacity by 15 per cent. The company switched over to long-term three-year contracts for cement supplies to consumers, making operations of the construction sector more predictable. Exchange trading, a new sales sector, is also developing.