Cement News tagged under: Kazakhstan

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Steppe Cement sees revenue up 1% in 2020

12 January 2021, Published under Cement News

Kazakhstan’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...

Caspian Cement fined for dust emissions

31 December 2020, Published under Cement News

Kazakhstan's Caspian Cement LLP (HeidelbergCement group) has been fined KZT39m (US$92,689) for kiln dust emissions in the Mangistau region, according to the press service of the Ministry of Ecology, Geology and Natural Resources of Kazakhstan (EGNR). "The company made emissions into the environment without having a permit and a positive conclusion of the state ecological expertise. The organisation has arbitrarily disposed of waste in the form of kiln dust in the amount of 5500t. The enterp...

Steppe Cement sees 5% revenue increase for the 3Q20

09 October 2020, Published under Cement News

Kazakhstan’s Steppe Cement saw a 5.2 per cent YoY increase in revenue to KZT11.11bn (US$26m) for the 3Q20, up from KZT10.56bn a year earlier. However, its sales volume declined four per cent to 556,162t. Average prices for delivered cement advanced to KZT18,841/t from KZT18,157/t. Kazakhstan’s cement market is expected to expand two per cent YoY in 2020.

Semey Cement orders Gebr Pfeiffer vertical roller mill

15 September 2020, Published under Cement News

Semey Cement of Kazakhstan has placed an order with Gebr Pfeiffer for a MVR 5000 C-4 vertical mill to grind various types of cement. This state-of-the-art mill will be installed at the Semey cement plant on the banks of the river Irtysh in the western part of the city of Semey. With this investment, Semey Cement is further advancing its extensive project to modernise its production. The mill can operate with a reduced number of grinding rollers. This MVR feature was one of the reasons for...

Steppe Cement sells 0.76Mt of cement in 1H2020

09 July 2020, Published under Cement News

Steppe Cement of Kazakhstan reports that it sold 764,752t of cement in the 1H20 for KZT13,677m (US$33.24m), down from 780,315t for KZT10,079m in 1H19. This represents a decline of two per cent in volume and three per cent in turnover. The average price of cement in the 1H20 was KZT17,884/t, excluding VAT, compared to KZT18,042/t in the 1H19. The ex-works price declined to KZT14,727/t from KZT15,148/t in the 1H19. Kazakhstan's cement market grew by two per cent in the 1H20, compared to the ...

Steppe Cement records net profit of US$9.7m in 2019

11 June 2020, Published under Cement News

Steppe Cement has released its annual results for 2019 and records a net profit of US$9.7m. EBITDA increased to US$23.9m from US$21.4m in 2018 aided by higher prices. The Kazakhstan-based producer sold 1.715Mt in 2019, compared to 1.72Mt in 2018. The company's domestic cement sales grew by four per cent, while its exports fell by 29 per cent due to increased competition from new plants in Uzbekistan and Kyrgyzstan, and the strength of the tenge against the som in the 2H19. Both kiln lines...

Kazakhstan bans cement imports

21 April 2020, Published under Cement News

Kazakhstan’s Acting Minister of Industry and Infrastructure Development has signed an order on the regulation of cement imports. The order introduces a ban on the import on certain types of cement from countries outside the Eurasian Economic Union for a period of six months with effect from 16 April, according to Kazakhstan Newsline.

Steppe Cement 1Q20 cement sales fall by 11%

16 April 2020, Published under Cement News

In the 1Q20 Steppe Cement Ltd sold 235,896t of cement for KZT4003m (US$9.4m) compared to 266,393t in the 1Q19, a decline of 11 per cent. Kazakhstan's cement market increased in 1Q20 by 15 per cent over the corresponding period of the previous year. The company maintained pricing over volumes in the 1Q20 but saw its market share decrease to 13.3 per cent from 17.4 per cent in the 1Q19. The average price for delivered cement in the 1Q20 was KZT16,970/t, compared with KZT16,723/t in the 1Q...

China: outward bound

23 March 2020, Published under Cement News

China’s Belt and Road Initiative (BRI) is now an integral part of the country’s overseas expansion policy. Since its inception in 2013, the BRI has been one of the essential vehicles driving the global spread of Chinese technology and providing a platform for corporate cement and construction giants to enter new markets. ICR takes a look at the initiative’s progress to date and the impact on China’s cement industry, as its shifts from its purely domestic production base to establishing its p...

Steppe Cement posts 8% revenue rise in 2019

13 January 2020, Published under Cement News

Kazakhstan-based Steppe Cement has posted revenues of KZT30.534bn (US$81m) for the year ended 31 December 2019. This represents a rise of eight per cent when compared with 2018. The company sold 1,715,761t of cement in 2019, marginally lower than the previous year. Steppe Cement is the country's fourth-largest cement producer with a total cement capacity of 1.9Mta. It operates two plants in Karaganda: the 1.1Mta Central Asia Cement works and the 0.8Mta Karcement unit.