Cement News tagged under: Russia

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Buzzi Unicem returns to a net profit

30 March 2015, Published under Cement News

On a turnover just 0.1 per cent lower at EUR2506.4m, Buzzi Unicem's underlying EBITDA did increase by 7.1 per cent to EUR404.8m in 2014, while at the headline level there was a 4.8 per cent advance to EUR422.7m. Following a 23 per cent reduction in impairment charges, depreciation and amortisation, the trading profit (EBIT) more than doubled from EUR86.5m to EUR178.7m. After a net interest charge 52.1 per cent lower at EUR53.1m, the pre-tax profit jumped from just EUR16.0m to EUR175.6m. A...

Russian demand expected to fall 15% YoY

02 March 2015, Published under Cement News

Russian cement demand is expected to decline by 15 per cent this year on the back of a reduction in housing and infrastructure development, according to forecasts by CMPRO. A recent note by the research house states that sales have dropped by at least five per cent since the start of 2015. The slow decline may continue for several years, it added. Lafarge expects that the strongest drop, by some 8-12 per cent, will be seen in central regions of Russia. Siberian Cement has predicted that ...

Belarus to export 1.8Mt in 2015

06 February 2015, Published under Cement News

Belarusian manufacturers are expected to export 1.8Mt of cement in 2015, including 1.3Mt to be supplied to Russia's Eurocement, Construction Minister, Anatol Chorny, told reporters in Minsk on Thursday. Belarus sold 980,000t of cement to Eurocement in 2014, Mr Chorny noted. "This year we have signed an exclusive contract for the supply of 1.3Mt,” he said. “The contract is advantageous to Belarus because 50 per cent of the total amount shall be paid in advance and the rest shall be pai...

Russia: LSR completes cement divestment

23 January 2015, Published under Cement News

LSR Group has completed sale of its cement plant located in Slantsy, Leningrad region, to Russian market leader, Eurocement. Following closure of the deal, Eurocement has now acquired full operating control over the facility based in northwest Russia. The plant, which began operations in September 2010, operates a 5000tpd clinker line and has  a cement output of 1.86Mta. In a statement released yesterday, LSR reiterated that the divestment is part of its strategy of focusing on projects ...

Russia: Angarsk Cement full-year output up 8% YoY

16 January 2015, Published under Cement News

Angarsk Cement and Mining Plant increased the output of cement to 770,000t in 2014, up eight per cent YoY. Clinker production edged ahead one per cent to 624,000t.  The plant targets minimum cement production of a minimum of 715,000t this year.

SibCem unit sees full-year output ahead, Russia

30 December 2014, Published under Cement News

Output at Krasnoyarsk Cement, part of Siberian Cement (SibCem), is expected to have edged ahead by 1.32 per cent YoY to 922,000t in 2014 versus the 910,000t produced a year earlier. Krasnoyarsk Cement has been undertaking a modernisation programme to increase capacity and enhance environmental performance. At the heart of the project is the launch of a new dry-process line to double capacity at the factory. 

Wärtsilä to supply 11 power plants to Eurocement

22 December 2014, Published under Cement News

Wärtsilä has been contracted to supply power plants for 11 cement factories of Eurocement Group in Russia. The project is part of a modernisation program of the factories which focuses on energy efficiency and environmental upgrading. Eurocement Group, making up almost 40 per cent of the Russian cement market, is one of the largest cement producers in the world. The contract was signed in November 2014.    "Eurocement Group modernisation program is based on energy efficiency and best inter...

LSR to sell Slantsy cement plant to Eurocement

15 December 2014, Published under Cement News

LSR Group is selling its Slantsy plant in the Leningrad region of Russia to the country’s leading cement producer, Eurocement Group. The parties have signed preliminary sales agreement with Eurocement having obtained approval from Federal Antimonopoly Service of the Russian Federation (FAS). Control of plant operations is expected to be transferred later this month. LSR said in a statement on Friday that the deal is part of its strategy to “focus on projects with highest returns on inves...

Atrus halts Russian plant construction

12 December 2014, Published under Cement News

Austrian company Atrus Cement Holding AG has halted the construction of a cement plant in Krasnodar territory indefinitely, a source familiar with the situation told Interfax. The source said that the project had been temporarily put on hold due to a lack of funds to finance the construction. Atrus Cement Holding AG was planning to build a 2.1Mta cement plant in the Crimean district of Krasnodar, the district administration previously told Interfax. The project was expected to cost over RU...

Buzzi Unicem finalises Uralcement acquisition

02 December 2014, Published under Cement News

Buzzi Unicem, through its wholly-owned subsidiary Dyckerhoff GmbH, has completed the acquisition of a 100 per cent interest in Uralcement, Russia, from Lafarge. Uralcement is located near the town of Korkino, about 40km south of Chelyabinks. The wet-process plant has a capacity of 1.1Mta. The acquisition lifts Buzzi Unicem's production capacity in Russia to approximately 4.5Mta.