Cement News tagged under: Russia

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Russian monopoly watchdog blocks Atakaycement acquisition

12 January 2022, Published under Cement News

Russia’s Federal Antimonopoly Service (FAS) has blocked the acquisition of Atakaycement by AO Actual Investments and OAO Novoroscement. FAS concluded after a market analysis that if the transaction went ahead, the aggregate share of the corporate group Actual Investments, Novoroscement and Atakaycement in the Southern and Northern Caucasus federal districts would exceed 50 per cent in terms of sales and production capacity. The acquisition would enable Actual Investments and Novoroscemen...

New cement plant for Yuzhnaya on Sakhalin

21 December 2021, Published under Cement News

The Sakhalin Oblast Development Corp is planning the construction of a cement plant in Smirnykhovsky District in the Yuzhnaya priority development area (PDA) and has agreed to the financial and economic justification, according to Esmerk Russian News. The volume of private investment in the plant is estimated at RUB8bn (US$112.2m). The name of the investor has not been disclosed but they expect to receive the status of resident of the PDA. The plant is expected to be commissioned by 2025...

VostokCement completes repair of kiln

17 December 2021, Published under Cement News

Russia’s VostokCement has completed the repair of the second rotary kiln at its Teploozersk facility. During two months of work, the lining was replaced, the smoke pump was repaired and a new foundation for the sixth support of the furnace was filled in. The heat exchanger has also been replaced, which will improve heat exchange in the furnace and optimise fuel consumption, according to the company.

A new round of Russian consolidation

12 November 2021, Published under Cement News

The RUB161m acquisition of Eurocement's assets by the Mikhailovsky Combine of Building Materials ( Smikom group) in June 2021 has sent the Russian cement market into a new consolidation phase. Russian billionaire Lev Kvetnoy, who owns OOO Gazmetallproekt, the second-biggest Russian cement player, is now closing in on the acquisition of two former Inteko plants. The Trust Bank put the two cement plants up for open auction on 18 October 2021. Applications will be accepted up to 8 Decembe...

Atom Cement launched in Russia

23 August 2021, Published under Cement News

Russia’s Atomstroykompleks has launched its Atom Cement plant in Sysert, Sverdlovsk region, which has been designed with 550,000tpa of white cement capacity. The project represents an investment of RUB4.5bn (US$61.46m) and is expected to reduce the price of white cement in the region by up to 30 per cent.

Cemix plant holds opening ceremony with President Putin in attendance

18 August 2021, Published under Cement News

Lasselsberger Group recently held the opening ceremony for its Cemix greenfield   700tpd white cement production line in Russia. Sinoma-Tianjn Cement Industry Design & Research Institute (TCDRI) carried out the project on an EPC basis.   Russian President Putin attended the opening ceremony. The Austrian Prime Minister sent a congratulatory video message. President Putin gave a speech, fully affirming the technological advancement of the white cement production line based on the BIM pl...

Mikhaylov Construction Materials Plant completes Eurocement acquisition

16 July 2021, Published under Cement News

Sberbank has closed a deal to sell parent company Eurocement Group's shares and debt to OOO Mikhailovsky Kombinat Stroitelnykh Materialov (Mikhaylov Construction Materials Plant), which won the auction organised on the Russian Action house’s electronic platform. The transaction was valued at RUB161bn US$2.214bn).   The deal will have a positive impact on the group’s financial performance and will be reflected in Sber Group's IFRS Report for 3Q21.

Lasselsberger Group's 700tpd white cement plant nears commercial start-up

28 April 2021, Published under Cement News

The Lasselsberger group of Austria is preparing to launch a new 700tpd of white cement plant in the Abzelilovsky district of Bashkiria, Russia. It is the second white cement plant in Bashkiria.   The Cemix plant under construction in Bashkiria will start producing its main product in May 2021. In addition to white cement, the company will produce coloured paving slabs and façade tiles. The facility is currently undergoing commissioning. According to the director of the company Ilya Dvor...

Russia on the rebound?

05 April 2021, Published under Cement News

After returning to growth in 2019, Russian cement consumption stalled in 2020 due to the impact of the COVID-19 pandemic. Construction output stagnated during the year, but government programmes are expected to stimulate recovery and help cement consumption growth rebound, thus paving the way for cautious optimism in 2021. By Alexey Semenov, GS-Expert, Russia. Support measures announced by the Russian government have become stimuli for the domestic economy, construction industry an...

Buzzi Unicem outlook for 2021

30 March 2021, Published under Cement News

Buzzi Unicem's Board of Directors gave an outlook for 2021 with expected sales recovery in Italy and an economic recovery in the USA, while forecasting higher industry inflation forces for building material production going forward.  In Italy construction investments are expected to grow moderately, mainly favoured by the residential building renovation sector and by a gradual recovery of activity in the commercial and public segments. In this context, Buzzi Unicem believe that a recovery...