Cement News tagged under: Ukraine
Serbian cement industry faces fuel challenge22 April 2022, Published under Cement NewsSerbia’s cement industry is being considerably impacted by the Russia-Ukraine war as the sector depends on high-calorie coal imports from both Russia and Ukraine for more than 50 per cent of its fuel requirement. Moreover, the alternative fuels used by the industry are insufficient to safeguard business continuity, particularly in the currently expanding market. The supply chains from Russia and Ukraine have almost stopped, presenting a serious challenge to the industry, according to Associ... |
Ukraine: times of uncertainty04 April 2022, Published under Cement NewsUkraine’s cement industry has been seeing off anti-dumping imports from surrounding countries while encouraging a revival in domestic and export cement capacity. However, Russia’s military invasion in February 2022 has thrown the country into war with its neighbour. By Ukrcement Association, Ukraine, and ICR Research, UK. While Ukraine’s cement industry successfully addressed challenges in 2021, it faces a challenge of an entirely different magnitude in 2022 as Vladimir Putin order... |
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... |
Türkçimento rings alarm over coal price rise due to Ukraine war04 March 2022, Published under Cement NewsCoal prices in Turkey have seen a more than 50 per cent hike in the past week due to the Russian invasion into Ukraine, according to Volkan Bozay, chair of Turkey’s cement association, Türkçimento. He warned that the domestic cement industry faced an “imminent crisis”. “Cement companies imported 5Mt of coal last year and Russia was the main supplier. Each US$10 increase in coal prices pushes the cost for cement production up by around US$1.50,” he said, adding that in the past week, the ri... |
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... |
CRH's Ukraine operations rebrand02 December 2021, Published under Cement NewsCRH’s cement plants in Ukraine are to operate under the new brand name of CEMARK. Mykolaivcement, Kamyanets-Podilskyi and Odessa cement plants will come under this branding. The rebranding of the CRH cement plants in Ukraine is linked with a change in the global brand structure for CRH entities. CRH is transitioning from being a holding company to being a global corporate brand. The aim is to build a strong national brand with its own Ukrainian heritage. On 22 November, CRH’s locat... |
Ukraine sees production rise 15% YoY in 9M2105 November 2021, Published under Cement NewsCement production in Ukraine increased 15.2 per cent YoY in the first nine months of 2021, according to Ukrcement. The association also expects the country to consume more than 10Mt in the full-year for the first time since 2014. "We have production data for nine months and we can predict with slight optimism that this year, for the first time since 2014, we will move to more than 10Mt of cement consumed in the domestic market. If there are no emergencies, we will reach 10.5Mt," said Pavlo ... |
NEQSOL Holding announces interest in Ivano-Frankivskcement20 October 2021, Published under Cement NewsNEQSOL Holding has announced its interest in expanding investment portfolio in Ukraine by entering the construction materials market. On 18 October 2021 the holding filed an application to the Antimonopoly Committee of Ukraine (AMCU) for the purchase of an equity stake in Ivano-Frankivskcement PJSC. The deal is at the final stage of negotiations with the current shareholders of Ivano-Frankivskcement PJSC. NEQSOL Holding already owns Norm Cement, a plant brought into operation in 2013,... |
Ukrainian cement prices could be set to rise09 September 2021, Published under Cement NewsThe introduction of antidumping duties on imports of Turkish cement could lead to a 50 per cent increase in prices for Ukrainian products, as well as an increase in prices for repairs, housing and construction of infrastructure facilities, according to the former state commissioner of the Antimonopoly Committee of Ukraine (AMCU), Ahia Zahrebelska. "Two years ago, the Ministry of Economy introduced duties on Russian, Belarusian and Moldovan cement, as a result of which the price for Ukrain... |