Cement News tagged under: Devnya Cement

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Devnya Cement to alter production strategy

20 December 2019, Published under Cement News

Bulgaria's government has announced it will terminate the concession contract awarded to Devnya Cement for a quartz sand deposit in the Varna region, upon the company's request. The company has decided to alter its future production strategy due to market conditions and therefore no longer intends to use deposit, according to a government statement. Devnya Cement had won the concession in 2009. In 2018 the company generated revenues of BGN137.3m (US$78.2m) and closed the year with a ne...

Bulgaria: Green Oscar for Devnya Cement

01 July 2016, Published under Cement News

During the official ceremony held on 8 June 2016 at Hilton Hotel Sofia, Bulgaria, Devnya Cement received the Green Oscar in the Industry and Production sector – one of 13 awarded during the Sixth Bulgaria's Greenest Companies Competition. On behalf of the company, Sustainable Development Manager, Ivaila Vasileva, received the prize and shared that it is a truly significant achievement for the company. "In line with our company policies, environmental consciousness has been a part of all o...

Devnya Cement officially inaugurates new line, Bulgaria

03 June 2015, Published under Cement News

Devnya Cement, part of Italcementi Group, has officially launched the new line at its plant in Bulgaria in the presence of Prime Minister Boyko Borisov. Also present at the ceremony was Italy’s Ambassador to Bulgaria, Marco Conticelli, who pointed out that Italian investments in Bulgaria were producing clear results, according to reports by the Bulgarian Telegraph Agency. He said that the cement plant in Devnya was already one of the largest in Europe and the technologies used there contrib...

Devnya wins “Building of the Year 2014” award

11 December 2014, Published under Cement News

Italcementi’s modernisation of the Devyna Cement plant, undertaken by CBMI Construction Co of China, has been awarded Bulgaria’s "Building of the Year 2014" award under the Industrial buildings – technological renovation and expansion category. Involving an investment of EUR160m, the Devnya cement plant project is one of the largest single industrial investments in Bulgaria in the last quarter of a century. CBMI (Sinoma Group) won the EPC contract for the project which combined Chinese...

Devnya Cement begins expansion project, Bulgaria

30 March 2012, Published under Cement News

Bulgarian cement producer Devnya Cement, a unit of Italy’s Italcementi, has officially launched a EUR160m upgrade project. The company has signed up CBMI of China, a subsidiary of Sinoma International Engineering, as a general subcontractor for a new production line set to begin operation in early 2015, Italcementi in a statement. The annual capacity of the new production line will be nearly 1.5Mta of cement. Devnya is based near the Black Sea port city of Varna and has an annual capaci...