Cement News tagged under: Eastern Europe
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... |
Kant Cement Plant builds new clinker line01 April 2024, Published under Cement NewsKyrgyz Republic-based Kant Cement Plant OJSC has commenced construction of a new dry clinker production line. The new line will have a clinker production capacity of 2500tpa, equivalent to an annual capacity of 0.8Mt. The Kant Cement Plant, located in Ysykaty District, currently has a production capacity of 1.089Mta of cement and 0.99Mta of clinker. |
Turkey's cement industry requires US$30bn to meet net-zero targets13 March 2024, Published under Cement NewsRepresentatives for the sector are highlighting that the Turkish cement industry will need at least US$30bn in investments to reach the ambitious goal of net-zero carbon by 2053. According to Fatih Yücelik, the board chair of the Turkish Cement Manufacturers’ Association (TÜRKÇİMENTO), the industry will need to make a further investment of US$2bn. This additional investment is to ensure compliance with the requirements of the European Union’s Carbon Border Adjustment Mechanism (CBAM). This... |
Azerbaijani exports up 14% in 202329 February 2024, Published under Cement NewsCement and clinker exports from Azerbaijan to Georgia advanced by 13.9 per cent YoY to 814,803t in 2023. The value of the exports increased by 34.4 per cent YoY to US$46.562m. There are four cement producers in Azerbaijan: Norm Cement with its 2.1Mta Qizildas plant in Garadagh, Holcim (Azerbaijan) OJSC with its 1.7Mta Qaradag works in Baku, Gazakh Cement Plant LLC’s 1.5Mta unit in Gazakh , and Gemikaya Azerbaijan with the 0.26Mta Araz facility in Nakhchivan. |
Uzbek cement output surges in January 202328 February 2024, Published under Cement NewsUzbekistan’s cement plants produced 627,000t of cement in January 2024, a 2.3-fold increase YoY, according to the country’s statistics agency. In 2023 output from Uzbek cement plants was 11.93Mt. In September 2023 a UZS3.8trn (US$312.6m) project was launched in Samarkand with assistance from CHINA Energy International Group. The new plant will produce M-400 and M-500 Portland cement at a rate of 7500tpd or 3Mta. The factory reportedly created 500 new jobs. |
Azerbaijani cement production up by 23% in January21 February 2024, Published under Cement NewsAzerbaijan increased its cement production by 23.2 per cent YoY to 251,600t in January 2024, according to the State Statistics Committee. However, clinker production slipped 1.8 per cent YoY to 345,800t in the first month of the year. The committee also reported a 35 per cent YoY increase in prefabricated concrete structures to 2700m3 and ready-mix concrete saw 21.8 per cent increase to 338.3Mt. Building glass production rose to 828,700m2, a more than 11-fold increase. However, asphalt p... |
Doğu Anadolu Cement starts trading on Borsa Istanbul21 February 2024, Published under Cement NewsHaving completed the public offering for Doğu Anadolu Cement, Turkey-based Limak Holding reports that the company will begin trading on Borsa Istanbul on 22 February 2024. Approximately 3.3m investors applied to own the shares in the initial public offering (IPO) of Limak Doğu Anadolu Cement, which took place between 14-16 February. With the intense interest shown, demand reached 4.4 times the offering. The IPO was expected to raise more than TRY2.5bn (US$80.87m). Founded in 1986, th... |
Medcem announces terminal partnerships in UK15 February 2024, Published under Cement NewsTurkey’s Medcem has announced a partnership with Brett Concrete, one of the largest independent concrete companies in the UK, to establish a terminal at Sheerness Port in Kent, UK. The terminal, which will have a storage capacity of 80,000t, is expected to be operational by July 2024. According to Medcem, the new facility will handle various cementitious products, primarily dry ash. Medcem also has another terminal investment underway in the UK, following its partnership with two indep... |
Çimsa’s Mersin plant scoops Gold award02 February 2024, Published under Cement NewsÇimsa ’s Mersin plant has been awarded the Gold level certificate by the International Concrete Sustainability Council. The award recognises the plant’s compliance with international norms in terms of its resource utilisation and sustainability under the headings of management, environment, economy and social issues. Çimsa (part of Sabancı Holding ) has become one of just three plants in the Turkish cement industry to achieve this accolade. “At Çimsa, we shape our operations by focus... |
TITAN acquires pozzolana quarry31 January 2024, Published under Cement NewsTITAN Cement International (TCI) has acquired concession rights in Vezirhan Pozzolana Quarry, in East Marmara, Turkey. The acquisition will expand the portfolio of low-carbon cementitious products available to its customers. This reinforces TITAN's 2026 growth strategy, which focusses on doubling the volume of green cements and expediting the market launch of new green products and cementitious solutions. The current acquisition follows the one of a participation in Aegean Pe... |