Cement News tagged under: Kazakhstan

RSS feed

Kazakhstan: strategic partner invests in Hantau plant

09 July 2014, Published under Cement News

Kazakhstan Investment Fund JSC has attracted a strategic partner for the launch of production at the Hantau cement plant, Baiterek National Holding reported. 'Yug Cement Stroi' LLP acted as the strategic partner which attracted credit in the amount of KZT5.35bn (EUR21.4m) for seven years in the "Bank RBK" JSC and allocated to completing construction of the plant. Currently, a new dry-process clinker line is being constructed at the plant by Hengyuan International Engineering Group. The prod...

Steppe Cement profit rises as Kazakh market grows 13%

02 May 2014, Published under Cement News

Kazakhstan-based Steppe Cement Friday reported an increase in profit and revenue in the full year 2013, as domestic demand grew by double-digit figures. Steppe posted pretax profit of US$13m for 2013, up from US$12m a year earlier, as revenue rose to US$123m from US$120.2m in 2012. EBITDA for 2013 rose to US$28.7m compared with US$24.9m in 2012. Steppe said it sold 1.4Mt of cement during the period, up from 1.3Mt a year earlier, while selling prices increased five per cent in US dollar...

Kazakhstan: Standard Cement to launch second production line in 2015

21 April 2014, Published under Cement News

Standard Cement LPP plans to launch a second production line in south Kazakhstan in 2015, bringing total capacity of the facility to 2.3Mta. The line will have a design capacity of 1Mta, with equipment supplied by Tianjin Cement Industry Design & Research Institute (TCDRI), China. The company intends to expand its product range to include M500-M700 high-quality cement and oil well cement.

Steppe Cement 1Q14 market update, Kazakhstan

18 April 2014, Published under Cement News

Steppe Cement Ltd said it sold 198,607t of cement in the 1Q14 for KZT2486m (US$13.7m), compared to 166,121t of cement for KZT2272m in 1Q13, representing an increase of 20 and nine per cent, respectively. The company reported that the Kazakhstan cement market remained broadly similar compared to the same period of 2013, although the weather was colder this year compared to last. Steppe Cement's market share increased from 15 per cent in 1Q13 to 17 per cent in the first three months of the ye...

Vicat: full-year turnover eases

11 March 2014, Published under Cement News

Turnover at Vicat eased by 0.3 per cent in 2013 to EUR2286m and EBITDA came off by 2.4 per cent to EUR427m, while at unchanged parameters they would have risen by 2.9 per cent and 0.3 per cent respectively. The trading profit emerged 3.7 per cent lower at EUR234m. The net financial charge rose by 31.2 per cent as the debt of the Indian subsidiaries Vicat Sagar and Gulbarga Power was no longer being capitalised. After an increase in the effective tax charge from 29.1 per cent to 32.4 per c...

Steppe Cement completes commissioning of Line 5

04 March 2014, Published under Cement News

Steppe Cement Ltd announced that its wholly-owned subsidiary, Karcement JSC, has successfully completed the commissioning of the new dry-process Line 5 in Kazakhstan. The new kiln line  is expected to increase Steppe Cement Group's cement production capacity by an additional 1.2Mta. "In view of the successful completion, Steppe Cement Group, its board of directors and management wish to congratulate all employees for their commendable efforts especially during the cold winter season whic...

Kazakhstan set to see the launch of two new plants in 2014

17 January 2014, Published under Cement News

Two new plants are set to be launched in Kazakhstan's southwestern and northern regions this year, helping the central Asian country achieve its aim of self-sufficiency in cement supply. “The launch of new production facilities — Caspiycement in the Mangistau region (1Mta) and Kokshecement in the Akmola region (2Mta) — will allow to completely refuse from cement imports, increase cement export, and curb seasonal price increases for cement in the west and north of Kazakhstan,” a spokespers...

Steppe Cement revenue rises as Kazakh demand rises 13%

16 January 2014, Published under Cement News

Kazakhstan producer Steppe Cement said its 2013 revenue was 8.7 per cent higher YoY, as demand in the central Asian country increased by an estimated 13 per cent to 8.1Mt during 2013. The company generated revenues of KZT19.47bn during the year, up from KTZ17.91bn in 2012. Cement sales reached 1.37Mt, up from 1.35Mt in 2012m an increase of 1.3 per cent. Steppe said this gave it a market share of 17 per cent. The average price for delivered cement, excluding VAT, was KZT14,425/t, comp...

Italcementi breaks ground on new Kazakh kiln line

10 December 2013, Published under Cement News

The Italcementi group has held a groundbreaking ceremony for a new kiln line at its Shymkent Cement in south Kazakhstan. Plant managing director, Gabriel Morin, said the capacity of the new dry-process cement line would be 1.2Mta. The project will take 20 months to complete, Kazakhstan General Newswire reported. "The new cement making technology line is expected to produce first clinker in mid-2015." After the launch of the new line, the old kiln will be shut down, Shymkent Cement's genera...

BTA Bank to finance Standard Cement new line

23 October 2013, Published under Cement News

BTA Bank JSC will act as the main creditor for the construction of Standard Cement factory's second production line in southern Kazakhstan. The funds will be used to acquire equipment for the dry-process line, a statement released on 21 October said. The new 1Mta line will be supplied by Tianjin Cement Industry Research and Design Institute of China. Construction and assembling works will financed by the cement producer. Standard Cement currently operates a 1.2Mta plant on Sairam village....