In October-December 2004, the Baltsem plant (Balakliia, Kharkiv region), one of the three major cement producers in Ukraine, reduced production of cement by 6.7 per cent or 20,500t compared with the same period of 2003, to 284,900t, and increased production of clinker by 10.6 per cent or 27,800 tons to 289,200t. In 2004, the enterprise produced 1.753Mt of cement and 1.314Mt of clinker.
Podilskyi Tsement increased cement production by 72,000t or 25.4 per cent to 355,000t in the October-December period, compared with the corresponding period of 2003. It increased cement production by 23.7 per cent or 0.325Mt to 1.695Mt for the full year. Podilskyi Tsement ended the year 2003 with UAH 3.892m (US$0.732m) in net profits.
The Podilskyi Tsement company, which operates six kilns for cement production with combined capacity of 3.7Mta, is behind only the Baltsem cement plant (Balakliia, Kharkiv region) in terms of production capacity (Baltsem has a production capacity of 4Mta). According to the Agency for Development of the Stock Market’s Infrastructure, Ireland’s CRH Poland BV owns 92.3 per cent of the shares in the Podilskyi Tsement company.
The Bakhchysarai-based Budindustria factory, the largest cement producer in the Crimea, increased output in comparable prices by UAH 2.035 million or 14.9 per cent to UAH 15.684 million in the October-December period of 2004, compared with the corresponding period of 2003.
According to a company representative, Budindustria increased cement production by 8900t or 7.8 per cent to 122,600t during the October-December period of 2004, compared with the corresponding period of 2003. The Kyiv-based Brinkford company owns 78.32 per cent of the shares in Budindustria.