Cement News tagged under: Russia

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Multiple potential buyers for Holcim Russia

17 May 2022, Published under Cement News

More than 30 potential buyers have expressed an interest in Holcim’s Russia business, according to Jan Jenisch, CEO, Holcim. Holcim announced in March that it plans to exit the Russia market following the country’s invasion of Ukraine.   “The process has started, it has to be done with very great diligence. We have had many inquiries,” Mr Jenisch told Reuters. “We don't expect to write it off completely, I would hope this business has a value. You have to give us a couple of months t...

Serbian cement industry faces fuel challenge

22 April 2022, Published under Cement News

Serbia’s cement industry is being considerably impacted by the Russia-Ukraine war as the sector depends on high-calorie coal imports from both Russia and Ukraine for more than 50 per cent of its fuel requirement. Moreover, the alternative fuels used by the industry are insufficient to safeguard business continuity, particularly in the currently expanding market. The supply chains from Russia and Ukraine have almost stopped, presenting a serious challenge to the industry, according to Associ...

Akkermann Cement acquires unfinished Kaluga Cement plant

19 April 2022, Published under Cement News

Russia’s Akkermann Cement , owned by USM Holding , has acquired the Kaluga Cement Plant for RUB8.95bn (US$110m) at an auction, reports Esmerk Russian News. Kaluga Cement was declared bankrupt in 2018. The plant was expected to have a capacity of 3.5Mta when commissioned, but the construction works were never completed. To take the project to a successful completion, it is expected Akkermann Cement will have to spend at least RUB30bn.

Holcim to exit Russian cement market

30 March 2022, Published under Cement News

Holcim  will leave the Russian market. It is the latest western company to quit the country following Moscow's invasion of Ukraine. Holcim operates three intergrated grey cement plants in Russia consisting of OJSC Volskcement , Kolomna Cement and the Ferzikovo plant. It also has white cement production at Kolomna Cement . "The Holcim Board of Directors has decided to initiate the process to exit the Russian market in line with the company's values to operate in the most responsi...

Buzzi Unicem records strong growth in Italy in 2021

28 March 2022, Published under Cement News

Buzzi Unicem has announced its consolidated financial results of 2021 which saw cement and clinker sales rise by 6.7 per cent to 31.2Mt from 29.25Mt in 2020. EBITDA reached EUR795m and EBIT stood at EUR546m, an improvement of about four per cent at constant exchange rates. Group ready-mix sales totalled 12.141Mm 3 in 2021, up from 11.743Mm 3 in 2020, a rise of 3.4 per cent. Net sales totalled EUR3.446m, up 6.9 per cent from EUR3.222m in 2020. Consolidated net profit reached EU...

Pikalevsky launches CEM I delivery in big bags

02 March 2022, Published under Cement News

Pikalevsky Cement Co , part of Mikhailovsky Combine of Building Materials, has launched the supply and delivery of CEM I 42.5N cement in 1t big bags. The bags have a soft moisture-proof packaging. The company has launched a closed cement calibration complex, according to Esmerk Russian News.

Soyuzcement elect new board chairman and executive director

02 March 2022, Published under Cement News

At the General Meeting of the Union of Cement Producers 'Soyuzcement', Vyacheslav Shmatov, general director of JSC Eurocement group , was appointed to the position of chairman of the Board. Vyacheslav Shmatov has been working in the cement business for over 11 years, managing assets and operating activities of enterprises, and is responsible for the strategic development of one of the largest cement producers in Russia.  Meanwhile, Daria Martynkina, PR director of the Siberian Cemen...

Producing RDF in Russia

01 March 2022, Published under Cement News

The Kaluga Plant for the Production of Alternative Fuels (KZPAT), launched in May 2021, is Russia’s first integrated refuse-derived fuel (RDF) facility. Located in close proximity to Holcim’s Ferzikovo cement plant, the new processing line is helping the local cement sector support waste reform in Russia. By Konstantin Bojinov, CPConsult Ltd, Bulgaria The Kaluga Plant for the Production of Alternative Fuels (KZPAT) is Russia’s first official project in the field of refuse-derived f...

CRH prepares Ukraine business contingency plans

28 February 2022, Published under Cement News

Ireland-based CRH has prepared contingency plans to address the fallout of Russia’s invasion into Ukraine. The company is closely monitoring the situation in the country as it has the largest Ukrainian exposure of any Irish business. CRH entered Ukraine in 1999 through the acquisition of PJSC Podilsky Cement . In the 2011-2013 period, the company expanded its presence through the acquisition of JSC Mykolaiv Cement in Mykolaiv and Cement LLC in Odessa. In late 2021 CRH rebranded i...

Buzzi Unicem FY21 preliminary regional results see 7% rise in cement sales

10 February 2022, Published under Cement News

Cement sales of the Buzzi Unicem group amounted to 31.2Mt in 2021, increasing by 6.7 per cent when compared to 2020. Ready-mix concrete output, which stood at 12.1Mm 3 , was also up, by 3.4 per cent, compared to the volumes of last year. Consolidated net sales for the financial year increased from EUR3222.4m to EUR3445.6m. The sales volumes achieved by the group in 2021 exceeded the level of those reached in the previous year, thanks to the progress recorded in Italy, the USA and easter...