Cement News tagged under: RATM-Holding

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Iskitimtsement raises 9M12 output, Russia

03 October 2012, Published under Cement News

Iskitimtsement, part of Russia-based RATM Holding, raised cement output by 23.1 per cent YoY to 1.123Mt in January-September, RIA Novosti news reported. Deliveries rose 28.9 per cent to 1.294Mt during the same nine m onth period. For the third quarter of the year, Iskitimtsement produced 535,000t of cement and sold 579,369t. In September alone, the company’s output reached 168,000t and sales amounted to 187,434t. Iskitimtsement has said it plans to boost 2012 production 9.4 per cent YoY to...

RTsK eyes stake in Iskitimcement, Russia

01 March 2012, Published under Cement News

Russian Cement Company, a joint venture of Sibtsem Holding and Rostekhnologii State Corporation, has reached agreements in principle for the acquisition of a 63% stake in Iskitimcement with RATM-Holding. An application will soon be submitted to Russia's antimonopoly service. At present, auditors hired by RTsK and RATM-Holding are near to complete the audit of Iskitimcement. According to the sources from RTsK and RATM-Holding, the company is in a satisfactory financial position. Source: S...