Cement News tagged under: Krasnoselskstroymaterialy

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Belarus produces 2.3Mt of cement in 1H20

28 August 2020, Published under Cement News

In January-June 2020 Belarus manufactured nearly 2.3Mt of cement, 102.3 per cent up on 1H19. In the same period, the cement industry enterprises made nearly BYN400m (US$150m) worth of industrial products, 12.4 per cent up from 1H19.
 The Belarusian Cement Co made 851,900t of cement in 1H20, a rise of 104.1 per cent compared to 1H19. The company increased sales by 10.3 per cent to BYN453.3m (US$169.7m) compared to 1H19. 
 Meanwhile, Krichevtsementnoshifer manufactured 720,000t of cement, 1...

Belarusian government ready to sell Krasnoselskstroymaterialy

18 June 2018, Published under Cement News

The Belarusian government is ready to sell Krasnoselskstroymaterialy to CRH for approximately US$200m, according to Deputy Prime Minister, Anatol Kalinin. "The investor does not want to buy the entire stake although we are offering it to purchase 100 per cent of its shares," he said, adding that the sides continued their talks and were bringing their positions closer together. The government is determined to carry out a targeted privatisation, said Mr Kalinin. The cement manufacturer has...

Krasnoselskstroymaterialy chases profits in Poland and Russia

15 August 2016, Published under Cement News

Belarus cement producer Krasnoselskstroymaterialy is optimistic that its finances will return to the black by the end of 2016, reports BelTA news agency. The enterprise will seek to boost its exports to Russia and Poland while raising its output of cement. "We have refocussed our enterprise and penetrated new markets in Poland and Kaliningrad Oblast. When we only started to penetrate them we had to cut prices and reduce the profitability of sales. But all new contracts in Russia and P...