Cement News tagged under: Russia
Gornozavodsktsement FY16 net profit down to RUB370.8m30 March 2017, Published under Cement NewsGornozavodsktsement reported a -9.9 per cent drop in revenues to RUB3.65bn (US$64.7m) in FY16 vs RUB4.05bn in FY15, according to Russian accounting standards. FY16 net profit fell -45.4 per cent YoY from RUB679.3m to RUB370.8m. |
Eurocement signs LoI for Uzbek cement plant16 February 2017, Published under Cement NewsRussia’s Eurocement and Uzbekistan’s Uzqurilishmateriallari have signed a letter of intent (LoI) to build a cement plant in Uzbekistan. The new 2.4Mta works is expected to raise Eurocement’s production capacity in the country to 4.2Mta by 2020, according to Eurocement President Mikhail Skorokhod. “Besides construction of the cement plant, we are also discussing projects to upgrade the line for production of magnesia bricks and innovative construction materials, which will be sold not o... |
The world in 2016 and outlook for 201710 February 2017, Published under Cement NewsThis year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era of global political uncertainty that could further destabilise markets. On balance, however, global growth looks set to be anchored by positive trends in the major markets of China, India and the US, more than offsetting the poor performance elsewhere. The large cement majors have spent years diversifying their por... |
Russia: Sibirsky Cement reports 17% drop in output24 January 2017, Published under Cement NewsProduction at the Russian cement company Sibirsky Cement fell 17 per cent YoY to 3.169Mt in 2016, said the company in a statement. The company attributed to declining sales to contracting domestic demand. Sibirsky expects demand for cement to fall 8-10 per cent to 4.7-4.8Mt in 2017. Output at Topkinsky Cement, Kemerovo region, declined 22 per cent YoY to 2.15Mt in 2016 while Krasnoyarsky Cement saw production slip three per cent to 752,500t. The Timlyuisky plant posted a 10 per cent d... |
Lithuania: Akmenes largely offsets decline in Russia exports24 January 2017, Published under Cement NewsPreliminary data show that Lithuania’s Akmenes Cementas posted EUR51m in total revenue, down by EUR4.4m on 2015. Around 60 per cent of this revenue was generated in the domestic market, a further 20 per cent in other Baltic states and Belarus while the balance came from sales in Nordic countries. Exports to Russia’s exclave of Kaliningrad used to account for around 30 per cent of its annual revenue, but mandatory cement certification by Russia last year forced Akmenes Cement and other E... |
Mechel, Russia, to supply 2-3Mt thermal coal to Tangshan Jidong29 December 2016, Published under Cement NewsOn December 21, Mechel 0A0, a major metals and resource company in Russia, announced it had inked a supply contract with Tangshan Jidong Cement Co., Ltd., China for thermal coal. The contract term is from December 2016 to December 2017, during which time Mechel will supply 2-3Mt of Russian thermal coal to Tangshan Jidong Cement. The sales price of thermal coal is to be fixed every month based on then market. Tangshan Jidong Cement is a major cement company and subsidiary of Tangshan Ji... |
Russia: Mechel to supply 2-3Mt coal to Tangshan Jidong23 December 2016, Published under Cement NewsRussian metals and resource company, Mechel OAO, announced it has signed a contract for the supply of 2-3Mt of thermal coal to Tangshan Jidong Cement Co. The contract term, which will see Mechel supply Russian thermal coal, runs from December 2016-December 2017. The sales price of the coal is to be fixed each month based on the prevailing market rate. Michael will ship coals produced by its subsidiaries such as Elgaugol, Yakutugol Holding Co and Southern Kuzbass Coal Co. Previously ... |
Russia: market volume down in St Petersburg and Leningrad13 December 2016, Published under Cement NewsFor 2016 cement demand in St Petersburg and Leningrad totalled 3.7Mt, falling short of the 4.3Mt estimated for the year in 2015. The main players in these markets are Eurocement Group, with a 58 per cent share, Cesla (18 per cent), Pikalevskaya Soda (14 per cent) and companies of the Eurocement Group in Belarus (six per cent). |
Belarusian Cement and Eurocement Group sign collaboration contract09 December 2016, Published under Cement NewsBelarusian Cement Company and Eurocement Group, Russia, have signed a contract to regulate cooperation in 2017, according to the Belarusian Architecture and Construction Ministry. The agreement will ensure that deliveries will satisfy Russian demand for Belarusian cement and that 2017 deliveries will be at least as large as those in 2016. The contract was signed by Eurocement Group President, Mikhail Skorokhod, General Director of OAO Belarusian Cement plant, Igor Lozhechnikov, and Direct... |
Russia: Kavkazcement upgrades packing and shipment facility02 December 2016, Published under Cement NewsEurocement Group has started operation of a cement palletisation and shipment facility at Kavkazcement in Karachay-Cherkessia, northern Caucasus. A new automated bulk cement shipment system and enhanced dust control system will help speed up the shipment of products more than five-fold, improve customer services and working conditions at the plant. |