Cement News tagged under: Kazakhstan

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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...

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...