Cement News tagged under: Kazakhstan

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Steppe Cement sees sales volume rise 10%

07 July 2021, Published under Cement News

Kazakhstan’s Steppe Cement has seen its cement sales volumes rise 10 per cent YoY to 840,661t in the first half of 2021, compared to 764,752t in the first six months of last year. Turnover also advanced 22 per cent YoY to KZT16,657m (US$38.87m) from KZT13,677m. The average ex-factory cement price in the 1H21 was KZT16,571/t against KZT14,727/t. The cement market in the country showed 25 per cent growth during the period. Imports represented 5.2 per cent of the local market and exports inc...

Steppe Cement records 14% rise in profit

07 June 2021, Published under Cement News

Kazakhstan’s Steppe Cement has posted a net profit of US$11.1m for 2020, up 14.4 per cent YoY from US$9.7m in the previous year. EBITDA also saw a modest increase to US$24.2m from US$23.9m in 2019. However, the company’s cement sales volume decreased 4.1 per cent YoY to 1.65Mt from 1.72Mt. Local sales declined by six per cent, due to milling limitations during two months of the high season, while exports advanced 20 per cent. According to a statement, Steppe Cement operated both lines ...

Uzbekistan cement imports surge in 4M21

07 June 2021, Published under Cement News

Uzbekistan imported 1Mt of cement worth US$50.5m in the January-April 2021 period, more than doubling the year-ago volume of 515,100t, according to Trend reporting the latest data from the State Statistics Committee of Uzbekistan. Kazakstan was the largest importer with 498,900t of cement, followed by Kyrgyzstan (278,500t) and Tajikistan (234,700t). In March, the Uzbekistan government suspended the 30 per cent customs duty on cement imports until 1 October 2021. The suspension is expecte...

Kazakhstan sees cement price hike

04 June 2021, Published under Cement News

Kazakhstan has seen a rise in cement prices on the back of an improvement in the country’s housing construction market. "In general, manufacturers' prices are kept at KZT20-22,000 (US$46.69), the growth is about five per cent. On the market this figure has grown by 30-40 per cent, in some places by 50 per cent," said Minister of Industry and Infrastructure Development, Beibut Atamkulov. The country’s Antimonopoly Committee has already a verification procedure, according to the Kazakhsta...

Kazakhstan develops new cement regulations

30 April 2021, Published under Cement News

Kazakhstan’s Ministry of Trade and Integration has met with the country’s cement and concrete association, QazCem, to discuss the illegal circulation of counterfeit cement. "Today, Kazakh cement is of high quality and is competitive both in the domestic and foreign markets," said the Minister of Trade and Integration, Bakhyt Sultanov. "We have the second-generation plants. But, unfortunately, there is counterfeit, cheap cement on the market." The meetings were held to develop adjustments ...

Sharcem set to acquire plant from Kazakhcement

14 April 2021, Published under Cement News

Singapore-based International Cement Group (ICG) has incorporated a new subsidiary in Kazakhstan. Sharcem will be 60 per cent owned by the group’s direct subsidiary, International Cement Shar Pte, and 40 per cent owned by Nurzhan Shakirov. Sharcem has subsequently entered into a sale and purchase agreement (SPA) with Kazakhcement and the Development Bank of Kazakhstan for the sale of a cement plant and related assets in the country. The total consideration of the agreement is KZT7.07bn (US$...

Kazakhstan’s way ahead

09 March 2021, Published under Cement News

Kazakhstan’s cement industry has come a long way with the modernisation of existing and construction of new cement plants. Effective government support measures and housing construction helped cement output reach a record high in 2020, but challenges persist as economic development and demand growth lag behind production capabilities. By CMPRO, Russia, and QazCem, Kazakhstan. Effective government support measures and housing construction led to record-high cement output by Kazakh c...

Kazakhstan sees 10.8Mt of production in 2020

18 February 2021, Published under Cement News

Kazakhstan 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...

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...