Cement News tagged under: Eastern Europe
Eurocement begins auction for 84.2% stake in plant01 March 2021, Published under Cement NewsRussia's Eurocement has begun an open auction to sell an 84.19 per cent stake in its Akhangarancement plant in Tashkent, Uzbekistan. The company is expected to sell 4,141,108 ordinary shares of the plant for a total value of UZS428.99bn (US$40.76m), according to a statement on the Republican Stock Exchange Tashkent. |
Kazakhstan sees 10.8Mt of production in 202018 February 2021, Published under Cement NewsKazakhstan produced 10.8Mt of cement in 2020, rising above the 10Mt mark for the first time since its independency, according to the Kazakhstan Newsline. Caspi Cement exceeded its design capacity by 10 per cent during the year, while Standard Cement and Shymkentcement are both operating at almost full capacity. However, Zhambyl ACIG and Karaganda’s Kazakhcement have reportedly stopped production. Meanwhile, Erbol Akymbaev, executive director of the Kazakhstan Association of Cement and Co... |
Buzzi Unicem reports stable 2020 volumes in spite of pandemic12 February 2021, Published under Cement NewsThis week, Buzzi Unicem released its FY20 preliminary results. The Italian-based cement producer announced cement volumes of 29.3Mt, a YoY rise of 0.4 per cent despite the difficulties of the COVID-19 pandemic. The COVID-19 pandemic caused an unprecendented recession in the first half of 2020. The extraordinary economic policy packages taken out helped cushion the impact from the contraction of international trade, while the loosening of restrictive measures by the second half helped deli... |
SIKA acquires Russian mortar company12 February 2021, Published under Cement NewsSika has agreed to acquire Kreps LLC, a leading mortar manufacturer in Russia. The company offers a wide range of mortar products for interior and exterior finishing, complementing the existing portfolio and geographical footprint. The acquired business generates annual sales of CHF15m (US$16.8m). The transaction is subject to clearance by the local anti-trust authorities. Kreps operates production plants in Saint Petersburg and Yekaterinburg, two geographical areas where Sika has not ... |
Çimko Çimento contracts FLSmidth for grey-to-white line conversion03 February 2021, Published under Cement NewsTurkey’s Çimko Çimento has contracted FLSmidth to deliver a grey-to-white cement line conversion at its existing production line near Adiyaman in southeast Turkey. The project includes the supply of product engineering and equipment, such as the FLSmidth DUOFLEX TM burner, a rotary cooler and an OK TM raw mill. Work will start later this year and is expected to be completed in early 2022. Once commissioned, the upgraded line will allow the producer to expand its product range and enter ... |
Armenia extends import ban for six months29 January 2021, Published under Cement NewsArmenia has extended a ban on cement imports from non-Eurasian Economic Union (EEU) countries for another six months, according to ArmenPress. The aim of the ban is to protect the domestic market and domestic production. The previous temporary ban had expired on 1 January 2021. |
Azerbaijan sees cement production down 8% in 202025 January 2021, Published under Cement NewsThe value of construction materials produced in Azerbaijan has been estimated at AZN718.9m (US$422m) for 2020, largely consistent with the previous year, according to the State Statistics Committee (SSC). The preliminary report shows a 7.5 per cent YoY decline in cement production to 3.226Mt. However, ready-mix production was up 6.5 per cent to 2.024Mt. |
The TCMB changes its identity to TURKCIMENTO20 January 2021, Published under Cement NewsThe Turkish Cement Manufacturers' Association (TÇMB) has a new identity and logo. In future, the organisation will be known under the name of T ÜRKÇİMENTO , representing a total of 66 plants and also being an international representative of the Turkish cement industry. Promoting the change of its identity and logo at the launch meeting held on 18 December 2020, the association shared its vision of the future as T ÜRKÇİMENTO with the public . As T ÜRKÇİMENTO we say that: "We a... |
Ukrainian court dismisses claim to cancel anti-dumping duties14 January 2021, Published under Cement NewsUkraine’s District Administrative Court of Kyiv has reportedly dismissed the claim of the managing company of Belarusian Cement Co and its local importers regarding the cancellation of anti-dumping duties on cement imports into Ukraine, established by the Interdepartmental Commission on International Trade in May 2019. The news was reported by the Ilyashev & Partners Law Firm, which represents the interests of third parties in the case. "The court recognised the need to protect the violated... |
Steppe Cement sees revenue up 1% in 202012 January 2021, Published under Cement NewsKazakhstan’s Steppe Cement has reported a one per cent increase in revenue to KZT30.96bn (US$73.59m) in its preliminary update for 2020. However, cement sales volumes declined 4.1 per cent YoY to 1.645Mt from 1.715Mt in 2019. The average ex-factory price in 2020 reached KZT15,760/t, compared with KZT14,885/t in the previous year. "In 2020, cement market consumption in Kazakhstan increased by six per cent to 9.4Mt from 8.9Mt in 2019," said the board. Steppe Cement's local market share wa... |