Cement News tagged under: Eastern Europe

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European construction outlook revised down for 2023

25 November 2022, Published under Cement News

The 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 production

18 November 2022, Published under Cement News

Rising 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 Madencilik

26 October 2022, Published under Cement News

Germany’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 ambitions

24 October 2022, Published under Cement News

After 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 9M22

24 October 2022, Published under Cement News

Cementarnica 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 share

14 October 2022, Published under Cement News

The 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 3Q22

07 October 2022, Published under Cement News

Kazakhstan'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...

Saxlund Group announces east European distribution agreement

04 October 2022, Published under Cement News

Saxlund Group has signed signing of an official agency agreement to promote Saxlund products and services in Romania with Bucharest-based Room industrial Solutions, one of the leading suppliers of industrial engineering and bulk materials handling solutions. “Expanding and strengthening our distribution network into European markets is another important growth step for Saxlund Group,” explains Stefan Wallerman, CEO of Saxlund Group AB. “Partnering with Rocom – an acknowledged leader in it...

Steppe Cement sees 65% surge in 1H post-tax consolidated profit

30 September 2022, Published under Cement News

Steppe Cement has announced a consolidated profit after tax of US$10.2m for the six months ended 30 June 2022, up 65 per cent YoY. The Kazakstan cement producer’s gross margin in the 1H22 edged up from 44 to 46 per cent in US$ terms on the back of cement price increases . Selling expenses per tonne (in US$ terms) were down 20 per cent YoY in the 1H22 due to increased sales to markets located closer to the company’s cement plant. However, production costs increased by 11 per cent in ...

Russian cement producers ask for import duties

30 September 2022, Published under Cement News

The strengthening of the ruble has made imports of cement from Iran, Kazakhstan and Belarus more profitable, according to Esmerk Russian News. As a result, total imports of cement into Russia could increase to 7Mta, forcing domestic producers to reduce capacity and mothball plants. Therefore, they have asked for protective measures such as import duties to be established.