Cement News tagged under: Russia
Buzzi Unicem posts 1Q23 consolidated net sales of EUR955.9m15 May 2023, Published under Cement NewsConsolidated net sales for Buzzi Unicem in the 1Q23 reached EUR955.9m, a rise of 19.5 per cent compared to EUR8000.1m the 1Q22. However, Buzzi Unicem reported to a decline in sales volumes for the group in the first three months of 2023, both for cement (-8.8 per cent) and ready-mix concrete (-12.2 per cent). The strengthening of cement prices offset lower volumes in sales. Cement sales totalled 5,803,000t in the 1Q23 compared to 6,363,000t in the 1Q22. Ready-mix sales totalled 2,364,... |
Buzzi Unicem defends itself against defamatory campaign13 March 2023, Published under Cement NewsBuzzi Unicem has refuted allegations against its reputation with a company statement issued on 10 March 2023. “We are aware of a defamatory campaign against Buzzi Unicem which has been launched since the beginning of February, aiming to undermine the company’s reputation. The dissemination of the contents has been taking place through posts on social networks and/or direct messages,” said the company statement. The defamatory comments claim that Buzzi Unicem SpA, a company domiciled in ... |
Kyrgyzstan production up 7% in 202224 February 2023, Published under Cement NewsThe Kyrgyz cement industry produced 2.666Mt of cement in 2022, according to the Eurasian Economic Commission. This represents a YoY increase of 7.1 per cent. Kazakhstan’s cement output reached 12.088Mt while in Russia cement plants produced 60.667Mt. Armenia’s cement output was over 1Mt, up by 17.7 per cent YoY. |
Eurocement becomes Cemros22 February 2023, Published under Cement NewsEurocement has changed its name to Cemros. The rebranding is aimed at renewing the company on a new stage of development since its acquisition by Smikom in 2021 for around US$2.2bn, following an auction held by Sberbank. An internal staff competition was held to find a new company name before a vote from a shortlist. Cemros invokes the words ‘cement’ and ‘Russia’ and was suggested by Eurocement employees, Evgeny Lukanovsky, Alexey Lotarev and Igor Efimov. |
Buzzi Unicem posts 16% rise in consolidated net sales in FY2210 February 2023, Published under Cement NewsBuzzi Unicem reports consolidated net sales at EUR3996m in FY22, up 16 per cent from EUR3446m in FY2021, also on LfL basis a rise of 9.6 per cent. Cement sales in Brazil and Russia helped the multinationals improved performance. Cement sales of the group amounted to 28.3Mt, decreasing by 9.2 per cent compared to 31.2Mt in 2021. Ready-mix concrete output, equal to 11.5Mm 3 , was also down compared to the 12.1Mm3 volumes of last year (-5.2 per cent). The positive price effect more than o... |
US production and consumption increased in 202208 February 2023, Published under Cement NewsThe US produced an estimated 95Mt of Portland and masonry cement in 2022, according to the US Geological Survey (USGS), up from 93Mt in the previous year. Cement was produced at 96 plants in 34 states, along with two plants in Puerto Rico. Texas, Missouri, California and Florida were, in descending order, the four leading cement-producing states, accounting for approximately 43 per cent of US production. The US cement industry’s growth continues to be constrained by closed or idle p... |
Holcim Russia's assets rebranded as CEMENTUM06 February 2023, Published under Cement NewsThe rebranding of the Holcim-Russia assets are now complete. The transition to the Russian brand ‘CEMENTUM’ is the start of a completely independent stage in the development of the company. CEMENTUM will continue to develop and produce high-quality products and solutions for the construction industry and infrastructure, as well as participate in the implementation of the most important national projects of the Russian Federation. “The company's brand has changed, but everything e... |
Holcim divests business in Russia14 December 2022, Published under Cement NewsHolcim has signed an agreement to sell its business in Russia to the local management team. With the new owners, the business will operate independently under a different brand, said the company in a statement. Closing of the transaction will be subject to regulatory approvals. “This divestment completes Holcim’s market exit from Russia in line with the company’s values to operate in the most responsible manner,” added the company. The Russian business has been deconsolidated since March 2... |
Cement imports from Belarus threaten Russian production18 November 2022, Published under Cement NewsRising imports from Belarus may hit cement production in Russia, according to the real estate office of the RIA Novosti agency. Cement imports from Belarus have increased by 61 per cent YoY in September-October 2022 to 434,000t. By the end of 2022, total cement imports to Russia are forecast to reach 2.2Mt, of which 1.5Mt will originate from Belarus. Eurocement believes that imports from Belarus could rise to 2.5Mt in 2023, taking total cement imports to Russia to more than 5Mta. “As a r... |
Buzzi Unicem records net sales of EUR3bn in 9M2209 November 2022, Published under Cement NewsBuzzi Unicem reported consolidated net sales in the 9M22 of EUR3004m, up 18.2 per cent compared to EUR2542m in 9M21. Cement and clinker sales of the group, in the first nine months of 2022, reached 21.9Mt, down 6.2 per cent compared to the previous year. Ready-mix concrete sales closed with a more moderate slowdown at 8.8Mm 3 , a fall of 2.8 per cent. Foreign exchange rate variances positively contributed for EUR160.9 m. Net debt improved from EUR16.8m at the end of 2021 to a positive pos... |