Cement News tagged under: Russia
Buzzi Unicem records strong growth in Italy in 202128 March 2022, Published under Cement NewsBuzzi Unicem has announced its consolidated financial results of 2021 which saw cement and clinker sales rise by 6.7 per cent to 31.2Mt from 29.25Mt in 2020. EBITDA reached EUR795m and EBIT stood at EUR546m, an improvement of about four per cent at constant exchange rates. Group ready-mix sales totalled 12.141Mm 3 in 2021, up from 11.743Mm 3 in 2020, a rise of 3.4 per cent. Net sales totalled EUR3.446m, up 6.9 per cent from EUR3.222m in 2020. Consolidated net profit reached EU... |
Pikalevsky launches CEM I delivery in big bags02 March 2022, Published under Cement NewsPikalevsky Cement Co , part of Mikhailovsky Combine of Building Materials, has launched the supply and delivery of CEM I 42.5N cement in 1t big bags. The bags have a soft moisture-proof packaging. The company has launched a closed cement calibration complex, according to Esmerk Russian News. |
Soyuzcement elect new board chairman and executive director02 March 2022, Published under Cement NewsAt the General Meeting of the Union of Cement Producers 'Soyuzcement', Vyacheslav Shmatov, general director of JSC Eurocement group , was appointed to the position of chairman of the Board. Vyacheslav Shmatov has been working in the cement business for over 11 years, managing assets and operating activities of enterprises, and is responsible for the strategic development of one of the largest cement producers in Russia. Meanwhile, Daria Martynkina, PR director of the Siberian Cemen... |
Producing RDF in Russia01 March 2022, Published under Cement NewsThe Kaluga Plant for the Production of Alternative Fuels (KZPAT), launched in May 2021, is Russia’s first integrated refuse-derived fuel (RDF) facility. Located in close proximity to Holcim’s Ferzikovo cement plant, the new processing line is helping the local cement sector support waste reform in Russia. By Konstantin Bojinov, CPConsult Ltd, Bulgaria The Kaluga Plant for the Production of Alternative Fuels (KZPAT) is Russia’s first official project in the field of refuse-derived f... |
CRH prepares Ukraine business contingency plans28 February 2022, Published under Cement NewsIreland-based CRH has prepared contingency plans to address the fallout of Russia’s invasion into Ukraine. The company is closely monitoring the situation in the country as it has the largest Ukrainian exposure of any Irish business. CRH entered Ukraine in 1999 through the acquisition of PJSC Podilsky Cement . In the 2011-2013 period, the company expanded its presence through the acquisition of JSC Mykolaiv Cement in Mykolaiv and Cement LLC in Odessa. In late 2021 CRH rebranded i... |
Buzzi Unicem FY21 preliminary regional results see 7% rise in cement sales10 February 2022, Published under Cement NewsCement sales of the Buzzi Unicem group amounted to 31.2Mt in 2021, increasing by 6.7 per cent when compared to 2020. Ready-mix concrete output, which stood at 12.1Mm 3 , was also up, by 3.4 per cent, compared to the volumes of last year. Consolidated net sales for the financial year increased from EUR3222.4m to EUR3445.6m. The sales volumes achieved by the group in 2021 exceeded the level of those reached in the previous year, thanks to the progress recorded in Italy, the USA and easter... |
Akkermann Cement receives funds to acquire Akhangaracement JSC26 January 2022, Published under Cement NewsGazprombank has allocated funds for the acquisition by Akkermann Cement CA (part of the USM group) for a 98.6 per cent stake in Akhangaracement JSC in Uzbekistan. The transaction was implemented with the attraction of financing from Gazprombank, is not just a creditor but a strategic financial partner of Akkermann Cement LLC. The group of companies under the Akkermann Cement brand is part of the diversified Russian holding USM. In 2021 Akkermann Cement produced about 4Mt of c... |
Iskitimcement ups output by 20%24 January 2022, Published under Cement NewsRussia-based JSC Iskitimcement (owned by JSC HC Sibcem) produced 1.18Mt of cement in 2021, representing a 20 per cent YoY rise. The company also advanced sales by 21 per cent to 1.19Mt in the year. Bulk cement sales, which represent 80 per cent of total sales, reached 954,000t. In addition, 86,000t of cement were shipped in 1t bulk bags and 145,000t were dispatched in 25kg and 50kg paper bags. A total of 92,000t, or 63 per cent of all products sold in paper bags, were supplied on pallets i... |
Russia gets recovery rolling16 January 2022, Published under Cement NewsAs Russia’s economy returns to growth and the domestic construction sector saw a revival in 2021, the country’s cement industry looks set to prosper. Will cement producers be able to capitalise on these positive trends and increase capacity utilisation in the next few years? By Aleksei Semenov, GS-Expert LLC, Russia Despite the continued COVID-19 pandemic, Russia’s cement industry benefitted from growth in domestic demand (© Atom Cement) Despite the continuing COVID-19 pandem... |
Russian monopoly watchdog blocks Atakaycement acquisition12 January 2022, Published under Cement NewsRussia’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... |