Cement News tagged under: Steppe Cement Ltd
Kazakhstan: Steppe Cement sees 6% rise in 1H16 sales14 July 2016, Published under Cement NewsSteppe Cement Ltd sold 761,771t of cement for KZT8190m (US$23,970.4) during the first half of the year, a rose six per cent compared with 717,654t of cement for KZT8277m a year earlier. Average price for the current period for delivered cement was KZT10,751/t (ex VAT), compared with KZT11,533/t in the corresponding period of 2015 as companies defended their market shares, the company said. Steppe Cement's local market share increased to 18 per cent in the 1H16 from 16 per cent in the same ... |
Steppe Cement announces appointment of non-executive director29 June 2015, Published under Cement NewsSteppe Cement Ltd announced the appointment of Xavier Marcel Hervé Blutel - Guilloud de Courbeville to its Board of Directors, with immediate effect, as a non-executive director. Xavier Blutel (60) is currently the senior adviser, Wagram Corporate Finance, president and founding partner of SAS Baudrimont and a Conseiller du Commerce Extérieur de la France. Mr Blutel brings significant experience to Steppe Cement having spent 33 years as an international executive in capital intensive indus... |
Steppe Cement announces retirement of non-executive chairman26 May 2015, Published under Cement NewsSteppe Cement Ltd announced that Malcolm Brown will retire on 28 May 2015 as the non-executive chairman “due to health reasons” and he does not intend to stand for re-election in the forthcoming AGM. Mr Brown has served on the Board for more than six years since December 2008 and as a member of the Audit and Remuneration Committees. He will remain as a shareholder of Steppe Cement. Kazahstan-based Steppe said it is presently searching for an appropriate candidate to replace Malcolm Brown a... |
Kazakhstan: Steppe Cement improves 1H14 sales11 July 2014, Published under Cement NewsKazakh cement producer Steppe Cement Ltd reported cement sales of 709,459t for KZT9125m (US$49.7m) in 1H14 which compares with 564,440t of cement for KZT8165m in the 1H13. This represents a YoY increase of 26 per cent in volume terms and 12 per cent in value terms. The rise signals a shift from the company's 2013 strategy of pursuing higher selling prices to this year's plans to strive for higher sales volumes. Average price for the current period for delivered cement was KZT12,862/t (e... |
Steppe Cement 1Q14 market update, Kazakhstan18 April 2014, Published under Cement NewsSteppe Cement Ltd said it sold 198,607t of cement in the 1Q14 for KZT2486m (US$13.7m), compared to 166,121t of cement for KZT2272m in 1Q13, representing an increase of 20 and nine per cent, respectively. The company reported that the Kazakhstan cement market remained broadly similar compared to the same period of 2013, although the weather was colder this year compared to last. Steppe Cement's market share increased from 15 per cent in 1Q13 to 17 per cent in the first three months of the ye... |
Hamzah lifts stake in Steppe Cement to 23 per cent04 October 2013, Published under Cement NewsKazakh-based Steppe Cement Ltd said Friday that Halfmoon Bay Capital Ltd has acquired 1.25 million shares, raising the total interests controlled by significant shareholder Azmi Wan Hamzah from 49.13 million shares to 50.38 million shares, or 23 per cent. |