Cement News tagged under: Russia

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Buzzi Unicem is advancing in Russia and in the USA

13 May 2013, Published under Cement News

Buzzi Unicem's first-quarter turnover declined by 10.5 per cent to €503.14m and the EBITDA dropped by 51 per cent to €11.75m but advances were seen in Russia and the USA. The loss at the trading level was 29.7 per cent higher at €42.03m. Net financial charges declined by 7.3 per cent to €25.83m to give a seasonal pre-tax loss 7.1 per cent higher at €68.82m. Net debt at the end of March was 9.1 per cent higher at €1227m, giving a gearing level of 50.4 per cent compared with 47.1 per cent a...

Dyckerhoff sees advances in Russia, USA volumes stable

03 May 2013, Published under Cement News

Dyckerhoff Group, a Buzzi Unicem subsidiary, reported a decline in sales for the first three months to the end of March 2013 due to unfavourable weather conditions. In an advanced statement, the group said that total sales were down by 11 per cent. Sales were down in all regions in which the group operates except for Russia where volumes increased, and the USA where they remained almost stable. Group EBITDA fell by a total of EUR9m, of which EUR2m was due to a one-time negative effect. Th...

Lipetskcement increases first-quarter output, Russia

30 April 2013, Published under Cement News

Lipetskcement, part of the Eurocement Group, reported a 25 per cent increase in production during the first quarter of 2013, the company announced in a statement. The company produced 164,000t of cement in the three months to the end of March 2013, with the production of CEM 1 32.5 N being six times higher than the first quarter of 2012. The production of bagged cement in 1Q13 rose by 36 per cent YoY to 9307t compared to last year. Total shipments between Jan-March 2013 amounted to 153,0...

HeidelbergCement increases holding in Russian cement company

19 April 2013, Published under Cement News

HeidelbergCement has increased its holding in the Russian cement company CJSC “Construction Materials” from 51 per cent to 100 per cent. The parties have agreed not to disclose the purchase price. The purchase of the stake is included in the HeidelbergCement capital expenditure plan. CJSC “Construction Materials”, located in Sterlitamak, is the market leader in the Russian republic of Bashkortostan and one of the leading cement producers in the Wolga area with about 760 employees. The ...

Volskcement to increase investment spend, Russia

08 March 2013, Published under Cement News

Volskcement, part of the Holcim Group, plans to increase investment in 2013 to RUB1.59bn (EUR39.74m), Russian press reported. The plant, which is situated in the Saratov Region allocated RUR829m for development, up 15 per cent from 2011. The Russian cement industry has been flourishing over the last few years, leading to a number of projects including upgrading from wet-process technology to modern dry-process techniques as well as expansion and modernisation projects. While future growth i...

Former SibCem CEO nominated to return as director, Russia

07 March 2013, Published under Cement News

One of Sibirskiy Cement (SibCem) founders, former President and CEO Andrey Muraviev has been nominated for the holding company's board of birectors, according to the RUXX Index which tracks SibCem said in a statement released yesterday. SibCem shareholders explain their decision to nominate Muraviev by their hope that "the former executive's experience would help the company recover its market share and excellent financial performance." SibCem is a major Russian cement producer, with asse...

Russia’s Antimonopoly Service blocks Siberian deal

01 March 2013, Published under Cement News

Russia’s Federal Antimonopoly Service (FAS) has disallowed a deal for cement producer Russkyaya Tsementanaya Kompania to acquire a 100 per cent shareholding in fellow cement producer Iskitimtsement, according to local press reports. In its ruling, the FAS said it believed the deal would result in limited competition in the Siberian cement market and increased prices, SKIRIN news agency reported. The FAS had previously blocked the sale of a 90 per cent stake in Iskitimtsement to Sibirsk...

Dyckerhoff to take impairment charge on Russian project

25 January 2013, Published under Cement News

German cement major said it is to take an impairment charge of approximately EUR26m on fixed assets due to a cement project in Russia that was halted in 2009.   Due to the impact of the global financial crisis, Dyckerhoff stopped construction of the new plant and construction has not resumed to-date. Following an extensive analysis conducted by the company, Dyckerhoff has said that construction of the project at the planned location “is not assured in the foreseeable future.” Therefore an i...

Eurocement Group to invest over EUR1.5bn in expansion

14 December 2012, Published under Cement News

Russia's leading cement producer Eurocement Group is to invest over EUR1.5bn in five expansion projects of its production facilities until 2015. Among them, the plant in Voronezh Province, with a capacity of 2.4Mt, is to be put into operation by the end of 2012. Another project involves the installation of new production facility with the capacity of 1.3Mt in the Nevyansky Tsementnik plant in the Sverdlovsk Province. (Source: SKRIN Newswire).

Recent orders for Fritz & Macziol from Holcim Russia

13 December 2012, Published under Cement News

Following the implementation of the VAS logistics solution in two cement plants belonging to Holcim Russia, Fritz & Macziol has strengthened its position in the Russian market. VAS systems have been in operation at the Volsk Holcim plant since summer 2012, and now the Shurovskyi plant at Kolomna is following suit. Holcim is also beginning to implement real time monitoring in the form of VAS 5, through which truck routes can be traced through various stops, drop-offs and pickups. ??The ext...