Cement News tagged under: Kazakhstan

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New Rudny plant to start export to Russia

03 December 2018, Published under Cement News

A new US$100m cement plant was launched in Rudny, Kostanay region, Kazakhstan, to meet the requirements of the domestic cement industry as well as Russia’s southern regions, Kazakh media reported. By the end of the year, the works plans to produce 17,200t of cement. "We plan to get the first products within five days. There is already a buyer for cement – from Ufa (Russia). They are ready to purchase about 200,000-300,000t of cement, that is 50 per cent of the design capacity of the plant...

Kazakh-Singaporean MoU on new plant in Almaty region

22 November 2018, Published under Cement News

A Kazakh-Singaporean business forum held on 21 November provided the venue for a bilateral investment treaty between the two countries as well as some 12 MoUs to establish partnerships.   The agreements included an MoU on the construction of a cement plant in the Almaty Region between Kazakh Invest JSC and International Cement Ltd, Alacem LLP, according to Central Asia News.

Kazakh producer increases cement exports to Uzbekistan

16 November 2018, Published under Cement News

Kazakhstan-based cement producer, SAS-Tobe Technologies, has increased its exports to Uzbekistan. As the first Kazakh manufacturer accredited by the Uzbek Commodity and Raw Materials Exchange, it has sold 1500t of cement through the exchange in two months. The company plans to export more than 50 per cent of its products, about 0.25Mta, to Uzbekistan, according to Business World.

Oil-well cement plant launched in Kazakhstan

06 November 2018, Published under Cement News

An oil-well cement plant is set to be launched in Kyzylorda region in December as part of the Industrial and Innovative Development Program. This isa joint Kazakh-Chinese enterprise that will export to Uzbekistan, Kyrgyzstan and Turkmenistan. The cement plant will cost approximately TZT66bn (US$1177.4m) and have a capacity of 1Mta. TOil well cement is in high demand during construction works in oil and gas, as well as nuclear and space industries. The enterprise extracts sand, dolomite, lim...

Steppe Cement posts 22% turnover increase in 1H18

18 September 2018, Published under Cement News

Kazakhstan’s Steppe Cement recorded a 22 per cent increase in consolidated turnover to US$32.8m for the 1H18 period. Profit after tax rose to US$200,000 in the period, up from a US$300,000 loss in the 1H17. The company also noted that production across all facilities in Kazakhstan advanced by 14 per cent to 4.8Mt in the first half of the year. While the construction industry remains strong in the western and southern regions of the country, the momentum of production is not expected to be ...

Kazakhstan cement output increases to 4.6Mt in 1H18

08 August 2018, Published under Cement News

Production at Kazakh cement plants rose 11.5 per cent YoY to 4.634Mt of cement in the first half of 2018.  In 2017 domestic output reached 4.156Mt, up 1.5 per cent  from 4.094Mt in 2016. Earlier this week, Vicat reported positive results for its Jambyl Cement subsidiary, where turnover rose by 21.4 per cent and EBITDA by 45.4 per cent on the back of a 28 per cent rise in cement volumes. The company reported good domestic volumes as well as strong export sales.

Work to start on new Almaty cement plant

13 July 2018, Published under Cement News

Construction of a large cement plant has begun in Almaty region, Kazakhstan. According to investors, the enterprise has a favourable location. Kerbulak district is located in the centre of the region. The main highway and the major railway line passes through the district. Some 40ha of land will be allocated for the construction of the plant. Investment worth KZT50bn (US$145.2m) were allocated for the implementation of the Kazakh-Singapore project. The share of the foreign capital in the p...

Steppe Cement 1H18 volumes rise by 14%

11 July 2018, Published under Cement News

In the 1H18 Steppe Cement Ltd sold 738,228t of cement for KZT10,539m (US$30.7m), compared with 650,333t of cement for KZT8553m in 1H17. This represents an increase of 14 per cent in volume and an increase of 23 per cent in turnover over the same period in 2017. The average price for the current period for delivered cement was KZT14,276/t (ex VAT), compared with KZT13,151/t in the corresponding period of 2017. The ex-factory price for the current period was KZT11,560/t, compared with KZT11,...

Gezhouba Group's Shieli plant scheduled for December start-up

30 January 2018, Published under Cement News

China's Gezhouba Group Cement Co Ltd (GGCC) plans to commission its first 1Mta cement plant in Kyzylorda, Kazakhstan, in December. Lee Min, the CEO of GGCC, discussed the construction of the cement plant in Shieli, Kyzylorda, with regional head, Krymbek Kusherbaev, reports Kazinform. Mr Kusherbaev also suggested GGCC to explore the prospects for construction of a second cement plant with a capacity of 0.75Mta in the Zhanakorgan district of the Kyzylorda region. The plant's products ...

Steppe Cement sees 20% revenue rise in 2017

16 January 2018, Published under Cement News

Steppe Cement has announced that its full-year revenue for 2017 was 20 per cent higher than the previous year, reports Alliance News. The revenue for the period increased to KZT21.4bn (US$65m) from KZT17.9bn seen in 2016. The rise in revenue has been attributed to both an increase in cement prices and the volume of cement sold. The Kazakhstan-based manufacturer saw a 3.8 per cent YoY increase in the sales volume of cement, to 1.63Mt from 1.57Mt. Prices were up 15 per cent for 2017, with a...