Cement News tagged under: Russia
Russian cement trade January-September 201422 October 2014, Published under Cement NewsAccording to the Federal Customs Service (FCS), Russia exported over 2Mt of cement worth US$155m in the first three quarters of 2014. Ukraine was the leader by shipments, with its share totalling 35 per cent. Kazakhstan's share reached 32 per cent and Belarus imported 21 per cent. Meanwhile, over 3.793Mt of cement were imported into Russia between January-September 2014. Belarus was the leader by shipments, with its share totalling 27 per cent. The shipments received from Belarus increased... |
Mikhailovcement Jan-Sept output up 20.2% YoY14 October 2014, Published under Cement NewsMikhailovcement, part of the Eurocement group, produced 1.21Mt of cement in January-September 2014, up 20.2 per cent on the comparative period of last year. The Mikhailovcement plant, situated in the Ryazan region, produced 281,350t of CEM I 42.5H (+65.6 per cent) and 981,620t of clinker (+17 per cent) during the period. A total of 1.234Mt were shipped to customers, up +21.1 per cent YoY. |
Belarus intends to increase exports to Russia08 October 2014, Published under Cement NewsBelarus intends to export more cement to Russia in the years ahead, according to Vice Prime Minister of Belarus Anatoly Kalinin At a meeting with Russia's leading producer Eurocement Group on 3 October 2014, Mr Kalinin remarked that work is in progress to implement the contractual obligations signed by the two parties, the press service of the Belarus government told BelTA. At the same time, these exports are about 30 per cent behind the adopted schedule. According to Mr Kalinin, the Be... |
Lafarge03 October 2014, Published under Cement NewsLafarge has agreed the sale of its wholly-owned Russian subsidiary Uralcement to Buzzi Unicem for EUR104m and the proceeds will be used to reduce Lafarge's net debt. In May, Lafarge commissioned its Ferzikovo works in Russia, which is better placed for serving the more vibrant Moscow market. Lafarge is selling its 47 per cent stake in its Mexican associate Cementos Fortaleza to the majority shareholder Elementia less than two years after the jointly-owned company was formed. The industria... |
Buzzi Unicem03 October 2014, Published under Cement NewsBuzzi Unicem is to acquire, through its subsidiary Dyckerhoff, the 100 per cent interest in Uralsement from Lafarge for EUR104m in cash. The deal, which still requires regulatory approval, is expected to be completed later this year. The single plant has a capacity of 1.1Mta and is located near the town Korkino some 40 km south of Chelyabinsk and has ample raw material reserves. When completed, Buzzi Unicem should have a Russian cement capacity of some 4.5Mta, all in the Urals. |
Lafarge to sell Russian plant to Buzzi Unicem16 September 2014, Published under Cement NewsBuzzi Unicem, through its fully-owned subsidiary Dyckerhoff GmbH, has reached an agreement to acquire a 100 per cent interest in Lafarge's UralCement plant in Russia for an enterprise value of EUR104m. The 1.1Mta wet-process plant is located in the town of Korkino, some 40km south of Chelyabinks. The transaction is subject to authorisation from relevant authorities. The divestment will contribute to Lafarge's objective to reduce net debt, the French cement major said in statement release... |
Court of Appeal postpones Ahangarancement case in Uzbekistan10 September 2014, Published under Cement NewsThe Board of Appeals of the Tashkent Regional Economic Court adjourned the case on the claim of the Russian Eurocement Group holding due to the decision to invalidate the privatisation of Ahangarancement JSC. "The sitting was postponed at the request of the plaintiff," the representative of the court said. Representatives of the Eurocement Group asked for extra time in order to strike an amicable agreement with the defendant - the State Committee for Privatization, Demonopolisation and ... |
Morgan Stanley raises Buzzi Unicem rating19 August 2014, Published under Cement NewsMorgan Stanley has raised its rating on Italy's Buzzi Unicem to "overweight" from "equal weight", on a strong upside potential for the cement maker's stock which has underperformed the market since February amid uncertainty over Ukrainian and Russian markets. Around 50 per cent of Buzzi Unicem's earnings per share (EPS) growth in 2015 will come from a double-digit rise in EBITDA, lower financial costs and higher earnings in Mexico, Morgan Stanley said. The research house expect lower sa... |
Eurocement first-half shipments rise, Russia18 August 2014, Published under Cement NewsIn the first half of 2014, Eurocement Group shipped over 450,000t of PC 500-D0-N grade cement, 24 per cent higher than the previous year. PC 500-D0-N cement is actively being used in the construction of road projects and is seeing particularly strong demand in the Moscow market. Projects using this Portland cement type include the high-speed M-11 highway from Moscow to St Petersburg, the M-4 Don routes, the fourth ring road in Moscow and traffic intersections on the M-10 highway. It is als... |
Talks held on proposed Russian Karachay-Cherkessia plant29 July 2014, Published under Cement NewsRashid Temrezov, the head of Karachay-Cherkessia Republic, and Filaret Galchev, a member of the board of directors of Eurocement Group, are in talks for the construction of a cement factory in Karachay-Cherkessia. The new plant is slated to have a capacity of 4Mta. (Source: Vestnik Kavkaza) |