Cement News tagged under: Ukraine
Ukraine ready to lift import duty on Moldova10 October 2023, Published under Cement NewsUkraine is ready to end its anti-dumping duty on cement from Moldova by the end of 2023, according to the Ministry of Economic Development and Digitalisation of Moldova. The announcement comes after a meeting between the co-chairs of the Moldovan-Ukrainian Interdepartmental Commission on International Trade in Odessa. Along with the duty removal, the two countries also agreed to help remove other barriers to trade by simplifying border controls to optimise the flow of goods, review enviro... |
Buzzi SpA sees 1H23 volumes decline in Europe08 August 2023, Published under Cement NewsBuzzi SpA reported cement volumes declining across much of western Europe in the 1H23, while the USA saw volumes rise significantly. Hydraulic binders and clinker sales in Italy were stable in the first six months of the year (-0.3 per cent), thanks to the recovery recorded in the second quarter. Ready-mix concrete output contracted, albeit moderately (-2.5 per cent). Selling prices closed the half-year without any significant changes compared to the level reached at the end of 2022... |
Buzzi SpA reports consolidated EBITDA up 58% in 1H2307 August 2023, Published under Cement NewsBuzzi SpA announced its 1H23 results reporting that consolidated EBITDA stood at EUR575.3m, up 57.6 per cent compared to EUR365.1m of the previous year. The figure for the period under review includes non-recurring income of EUR3.6m. Profit before tax amounted to EUR552.9m (EUR119.8m in the previous year), considering a contribution of EUR80.6m from equity earnings (EUR57.6m in 2022) and positive net finance costs of EUR24.9m (-EUR56m negative in 2022). After income taxes of EUR121.7m... |
CRH invests EUR34m in Ukraine31 July 2023, Published under Cement NewsIreland’s CRH is investing EUR34m in a new cement shipping complex in Ukraine. Construction of the “main stage” of the project was completed in early July, according to The Sunday Independent. The complex will be able to receive, store and ship 450,000t of cement each year, and will feature an automated packaging and palletising line. |
Buzzi Unicem sells Ukraine operations to CRH21 June 2023, Published under Cement NewsBuzzi , through its fully owned subsidiary Dyckerhoff GmbH , has reached an agreement to sell some of its businesses in Eastern Europe to CRH , a leading building materials solutions company, for a consideration of EUR0.1bn. The transactions include the business in Ukraine and ready-mix concrete assets in east Slovakia. Completion of the transaction in Ukraine is subject to the granting of the required regulatory approvals and is expected to occur in 2024. In Ukraine, Buzzi operates... |
Buzzi Unicem posts 1Q23 consolidated net sales of EUR955.9m15 May 2023, Published under Cement NewsConsolidated net sales for Buzzi Unicem in the 1Q23 reached EUR955.9m, a rise of 19.5 per cent compared to EUR8000.1m the 1Q22. However, Buzzi Unicem reported to a decline in sales volumes for the group in the first three months of 2023, both for cement (-8.8 per cent) and ready-mix concrete (-12.2 per cent). The strengthening of cement prices offset lower volumes in sales. Cement sales totalled 5,803,000t in the 1Q23 compared to 6,363,000t in the 1Q22. Ready-mix sales totalled 2,364,... |
Buzzi Unicem defends itself against defamatory campaign13 March 2023, Published under Cement NewsBuzzi Unicem has refuted allegations against its reputation with a company statement issued on 10 March 2023. “We are aware of a defamatory campaign against Buzzi Unicem which has been launched since the beginning of February, aiming to undermine the company’s reputation. The dissemination of the contents has been taking place through posts on social networks and/or direct messages,” said the company statement. The defamatory comments claim that Buzzi Unicem SpA, a company domiciled in ... |
Buzzi Unicem posts 16% rise in consolidated net sales in FY2210 February 2023, Published under Cement NewsBuzzi Unicem reports consolidated net sales at EUR3996m in FY22, up 16 per cent from EUR3446m in FY2021, also on LfL basis a rise of 9.6 per cent. Cement sales in Brazil and Russia helped the multinationals improved performance. Cement sales of the group amounted to 28.3Mt, decreasing by 9.2 per cent compared to 31.2Mt in 2021. Ready-mix concrete output, equal to 11.5Mm 3 , was also down compared to the 12.1Mm3 volumes of last year (-5.2 per cent). The positive price effect more than o... |
Buzzi Unicem records net sales of EUR3bn in 9M2209 November 2022, Published under Cement NewsBuzzi Unicem reported consolidated net sales in the 9M22 of EUR3004m, up 18.2 per cent compared to EUR2542m in 9M21. Cement and clinker sales of the group, in the first nine months of 2022, reached 21.9Mt, down 6.2 per cent compared to the previous year. Ready-mix concrete sales closed with a more moderate slowdown at 8.8Mm 3 , a fall of 2.8 per cent. Foreign exchange rate variances positively contributed for EUR160.9 m. Net debt improved from EUR16.8m at the end of 2021 to a positive pos... |
Buzzi Unicem regional performances in 1H2205 August 2022, Published under Cement NewsBuzzi Unicem reported positive development of deliveries in the United States, central Europe, Poland and the Czech Republic in the 1H22, as well as a continued slowdown in Italy and Ukraine. In Ukraine, at the end of February 2022, Buzzi Unicem was obliged to suspend production and commercial activities in both of our factories. At the end of March, with the repositioning of the conflict in the east and south-east of the country, the activity resumed at the Volyn plant, in the northwes... |