Cement News tagged under: Kazakhstan

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Kazakhstan: constructions begins on Kyzylorda plant

20 June 2016, Published under Cement News

Construction on a 560,000tpa capacity cement plant has begun in the Kyzylorda region of Kazakhstan, reports the regional akimat. The investment project valued 30.2bnt (US$89.2m) is between Meliorator Ltd and Russian company Global Security. Som 250 workers are helping with construction and after the launch of the plant 320 work places will be opened. "Due to use of new technologies the plant will be environmentally friendly industry. It will be the first cement plant in the region," said K...

Kazakhstan: devalued tenge affects Steppe Cement

25 May 2016, Published under Cement News

The sharp devaluation of the Kazakh tenge saw the 2015 results of Steppe Cement affected as import pressures waned. Until August 2015 local producers had to lower their selling prices to fend of imports into Kazakhstan due to the relative strength of the tenge against the rouble. As a result, sales volumes in tonnes rose by only two per cent YoY to 1,643,136t in 2015 from 1,612,709 in 2014 while prices fell by eight per cent. After September imports slowed significantly, along with the econo...

Kazakhstan: Steppe Cement sales down as demand tumbles

18 April 2016, Published under Cement News

Steppe Cement has seen sales and revenue fall in the first quarter of 2016 as the company predicts that demand in Kazakhstan will be 11 per cent lower this year than it was in 2015. According to a report from DigitalLook, Steppe Cement’s volumes were down one per cent YoY in Q1 2016, falling to 190,953 tonnes. Revenues fared worse, falling by 12 per cent to KZT2.3bn (US$6.8m) over earnings in the same period last year. Ex-factory prices have declined by 13 per cent.  Despite this, Step...

Steppe Cement Ltd preliminary update to 31 December 2015

14 January 2016, Published under Cement News

Steppe Cement Ltd recorded revenue for the year ended 31 December 2015 of KZT19,537m (US$54m), which was seven per cent lower than the KZT20,925m recorded in the corresponding period of 2014. Sales volumes reached 1.6Mt, an improvement of two per cent YoY. The average price (ex-VAT) for delivered cement was KZT11,890/t in 2015, an eight per cent decrease compared with KZT12,975/t in 2014, mostly due to price pressure from Russian imports until the KZT devaluation in August 2015. For 2015,...


05 January 2016, Published under Cement News

Holcim Belgique is closing five ready-mixed concrete plants in Flanders, a move that will affect around 60 employees. The works being closed are at Furness, Ostend, Bruges, Izegem and Herentals. Lafarge Cement Zambia, which has a combined capacity of 1.4Mta from its two works, is to quadruple its exports to Congo and from Malawi. In additioin, the production should be increased by 0.1Mta from next month. The Chinese LafargeHolcim associate Huaxin Cement Company is to invest some US$150...

New Kazakhstan cement plant agreement signed

15 December 2015, Published under Cement News

Huaxin Cement Co of China has signed an agreement to invest US$150m in the construction of a 1Mta cement plant in the Aktobe region of Kazakhstan. The deal was signed by Berdybek Saparbayev, governor of the Aktobe region, and Xu Yongmo, chairman of the board of Huaxin Cement. The agreement was concluded during Kazakh Prime Minister Karim Massimov's official visit to China. Construction of the facility is expected to begin in mid-2016. The new plant will produce various cement types, incl...

Huaxin plans Kazakhstan plant investment

29 October 2015, Published under Cement News

Chinese cement producer Huaxin Cement plans to invest US$150m in the construction of a cement plant in Aktobe region of Kazakhstan. Construction of the dry-process cement works, to be located in the village of Priozernoye in Kargaly district, is scheduled to start in 2016, according to local press reports/ On Wednesday Regional Governor Berdibek Saparbayev met representatives of the Chinese corporation. It is expected that a cooperation agreement between the regional administration and Hua...

Steppe Cement revenue falls on lower pricing

14 October 2015, Published under Cement News

Steppe Cement Ltd Tuesday said revenue in the first nine months of 2015 fell four per cent YoY as increased sales were offset by lower cement prices. Kazakhstan producer said revenue in the third quarter of 2015 experienced a small rise to KZT7.77bn from KZT7.65bn a year previously. That brought revenue for the first nine months of 2015 to KZT16.04bn, down four per cent YoY from KZT16.77bn. Revenue fell in the first nine months as the four per cent YoY rise in sales volumes to 1.34Mt from ...

Huaxin Cement to launch 5Mta project in Kazakhstan

12 October 2015, Published under Cement News

Shanghai-listed Huaxin Cement Co, Ltd will erect a cement project with a capacity of 5Mta in Kazakhstan. The new dry-process cement production line will start construction by the end of the year. (Source: Xinhua's China Economic Information Service)

Vicat considers extension of Kazakh plant and construction of new terminal

29 September 2015, Published under Cement News

The Kazakh Vice Minister of Investment and Development of Kazakhstan, Albert Rau, has met with President of Vicat Group, Guy Sidos, and Honorary President of the group, Jacques Merceron-Vicat, to discuss the operation and possible extension of Vicat's existing production plant at Zhambyl. The meeting also announced the construction of a US$10m terminal in Astana in 2016, according to reports by AKI Press. The terminal will also act as a packing plant, research and testing centre. Vi...