Cement News tagged under: Eastern Europe
Holcim Azerbaijan launches first green cement20 December 2022, Published under Cement NewsHolcim Azerbijan has launched ECOPlanet, its first environmentally friendly cement, under the brand names of Optimal and Inshaatchi. The latest additions to the company’s product base are limestone-based cements. "We are committed to introducing new sustainable construction methods in the construction sector. Through Inshaatchi and Optimal, we contribute to reducing CO 2 emissions and using alternative raw materials. Holcim Azerbaijan is the first company in the Caucasus to offer soluti... |
Holcim divests business in Russia14 December 2022, Published under Cement NewsHolcim has signed an agreement to sell its business in Russia to the local management team. With the new owners, the business will operate independently under a different brand, said the company in a statement. Closing of the transaction will be subject to regulatory approvals. “This divestment completes Holcim’s market exit from Russia in line with the company’s values to operate in the most responsible manner,” added the company. The Russian business has been deconsolidated since March 2... |
Akcansa Cimento appoints new general manager01 December 2022, Published under Cement NewsAkçansa Cimento , a joint venture between Sabancı Holding and Heidelberg Materials , has appointed Vecih Yılmaz as its new general manager. Mr Yılmaz replaces Mehmet Zeki Kanadikirik, effective from 1 December 2022. “As of today, we are experiencing a change of flag at Akçansa, which sets a model for its industry, inspires its stakeholders and puts the bright future of our country ahead of all its goals. Vecih Yılmaz, who has many years of experience in our group and has implemented ma... |
European construction outlook revised down for 202325 November 2022, Published under Cement NewsThe outlook for Europe in 2023 remains challenging and unpredictable after a better than expected 2022, according to CIC Market Solutions. Citing recent data from Euroconstruct, the materials, construction and infrastructure sector in the EU-15 plus four Eastern European countries is now expected to expand by just 0.2 per cent next year, but this has been revised down from growth of 2.3 per cent forecast in June 2022. The UK market is expected to be particularly hit with a decline of 0.4 per... |
Cement imports from Belarus threaten Russian production18 November 2022, Published under Cement NewsRising imports from Belarus may hit cement production in Russia, according to the real estate office of the RIA Novosti agency. Cement imports from Belarus have increased by 61 per cent YoY in September-October 2022 to 434,000t. By the end of 2022, total cement imports to Russia are forecast to reach 2.2Mt, of which 1.5Mt will originate from Belarus. Eurocement believes that imports from Belarus could rise to 2.5Mt in 2023, taking total cement imports to Russia to more than 5Mta. “As a r... |
Aumund supplies second kiln line at Medcem Madencilik26 October 2022, Published under Cement NewsGermany’s Aumund Fördertechnik GmbH is supplying 41 machines for a new kiln line at the Medcem Madencilik cement plant in Silifke in the Turkish province of Mersin. The Aumund supply package comprises six belt bucket elevators, two bucket elevators with central chain, four pan conveyors and 11 drag chain conveyors. The conveying capacities range from 50-900tph.The machines will be used for feeding material to the raw mill, the raw mill silo, the coal mill, the heat exchanger and the cem... |
Turkish ambitions24 October 2022, Published under Cement NewsAfter a challenging 2021, the Turkish cement sector is preparing for more hopeful times ahead with domestic sales expected to be supported by new investments from the 2H22. There are also a number of priorities for the domestic cement industry, including environmental endeavours and promoting the use of roller compacted concrete roads. By TÜRKÇIMENTO, Turkey. New investments in the construction market are expected to help the Turkish cement sector following a challenging 2021 (© bo... |
Usje posts 41% net profit drop in 9M2224 October 2022, Published under Cement NewsCementarnica Usje , the North Macedonian subsidiary of Titan, reported a drop in net profit by 41 per cent to MKD621.2m (US$9.9m) in the first nine months of 2022 when compared with the year-ago period. The company’s operating expenses increased 46 per cent YoY to MKD4.1bn in the 9M22 on the back of higher material costs, which were up 78 per cent to MKD2.5bn. Operating revenue expanded by 22 per cent YoY to MKD4.8bn with domestic sales increasing 24 per cent YoY to MKD3.1bn and exports ... |
Steppe Cement CEO increases share14 October 2022, Published under Cement NewsThe family of Javier del Ser Perez, chief executive officer at Kazakhstan’s Steppe Cement , has increased its share in the company. Following the purchase of 300,000 ordinary shares, the family now holds 18,543,115 ordinary shares, equivalent to an 8.47 per cent share in the cement producer. Steppe Cement currently runs two integrated cement plants in Kazakhstan under its subsidiaries – Central Asia Cement JSC (1.1Mta) and Karcement JSC (0.8Mta) – giving a total cement production ca... |
Steppe Cement reports 9% increase in revenue in 3Q2207 October 2022, Published under Cement NewsKazakhstan's Steppe Cement Ltd has posted a nine per cent YoY increase in revenue in the 3Q22. Revenue came in at KZT13,071m (US$27.7m) compared to KZT12,045m in the same period last year. In the 9M22, revenue was KZT32,651m, up 13 per cent YoY from KZT28,812m in the 9M21. The company sold 546,327t of cement in the 3Q22, up two per cent YoY. In the opening nine months of this year, sales reached 1,362,407t, down one per cent from the 1,375,464t reported in the 9M21. The average pri... |