Cement News tagged under: Ukraine

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Uzbekistan: Ahangarancement full-year output rises

29 January 2015, Published under Cement News

Ahangarancement, part of Eurocement Group, produced 1.24Mt of clinker and 1.7Mt of cement in 2014, a YoY increase of 6.2 per cent (72,500t) and five per cent (80,400t), respectively. The company said that its shipments rose by 6.5 per cent to 1.72Mt in 2014, (+105,300t). During the year, Ahangarancement started to produce cement types PC 400 KD20 SSPC 400 D20 in 2014, of which it produced 84,610t and 47,922t respectively.

Swiss CemIn West acquires 96.6% of Ivano-Frankivskcement

23 December 2014, Published under Cement News

Switzerland-based CemIn West SA has bought a 96.6 per cent in Ukraine’s Ivano-Frankivskcement, according to the target company. The majority holding was bought from Cyprus-based Permixo Ltd, Basmaren Enterprises Ltd and Prenters Engineering Ltd, which sold their respective stakes of 36.98%, 20.76% and 13.3% in the Yamnitsa-based entity. Ivano-Frankivskcement closed 2013 with a net profit of UAH130.3m (US$8.2m).

HeidelbergCement reopens Ukraine factory

18 December 2014, Published under Cement News

HeidelbergCement has reopened its 1.8Mta plant in eastern Ukraine a month after closing it due to pro-Russian rebels in the regions wanting to impose their own agenda on the production process. The situation now has changed and the company is about to sign a contact with a new security firm, HeidelbergCEment CEO Bernd Scheifele said. The re-launch of the production process was closely coordinated with the Foreign Office, the CEO said. The conflict in Ukraine has led to serious infras...

HeidelbergCement halts production at Ukraine factory

18 November 2014, Published under Cement News

HeidelbergCement has halted production at its 1.8Mta cement factory in Donetsk, eastern Ukraine after pro-Russian rebels in the regions wanted to impose their own agenda on the production process, a HeidelbergCement spokesperson has said. “The separatists had their own ideas about how the business should be run,” said the German building materials group, which has three plants in Ukraine. The company was unwilling to co-operate with the separatists and would abide by EU sanctions, it said....

CRH returns to first-half pretax profit

19 August 2014, Published under Cement News

CRH's first half turnover advanced by four per cent to EUR8,324m and the EBITDA improved by 27.2 per cent to EUR505m. The trading profit jumped from EUR41m to EUR171m and after a net interest charge 2.7 per cent higher at EUR150m, the pre-tax result went from a loss of EUR71m to a EUR61m profit. The net attributable result went from a EUR57m loss to a EUR46m profit. Net debt at the end of June was 11.6 per cent lower at EUR3,703m, giving a gearing level of 39.9 per cent, which compares wi...

Morgan Stanley raises Buzzi Unicem rating

19 August 2014, Published under Cement News

Morgan Stanley has raised its rating on Italy's Buzzi Unicem to "overweight" from "equal weight", on a strong upside potential for the cement maker's stock which has underperformed the market since February amid uncertainty over Ukrainian and Russian markets. Around 50 per cent of Buzzi Unicem's earnings per share (EPS) growth in 2015 will come from a double-digit rise in EBITDA, lower financial costs and higher earnings in Mexico, Morgan Stanley said. The research house expect lower sa...

Podilskiy Cement names new chief executive officer, Ukraine

27 June 2014, Published under Cement News

Ukrainian cement producer Podilskiy Cement has appointed Sviatoslav Kozlenko as chief executive officer, replacing Semen Darchuk. In addition, the supervisory board has elected Maryna Mykhodinova as a member of the management board. Owned by Ireland-based building materials group CRH, the JSC Podilsky Cement plant is located at Kamyanets-Podilsky in western Ukraine.

Mykolaivcement posts 2013 loss, Ukraine

29 April 2014, Published under Cement News

CRH group company Mykolaivcement reported a loss of UAH63.234m (EUR4m) for 2013, with net revenue down by 10 per cent, or UAH61m, to UAH538.8m. In 2012, the Mykolaiv-based company suffered a loss of UAH66.9m. CRH acquired Mykolaivcement from Lafarge in April 2013 for EUR96m, a deal which made the Irish building materials major the leading cement producer in Ukraine. CRH also owns Podilsky Cement and in 2011 acquired a majority stake in Odessa Cement.

HeidelbergCement Ukraine appoints two supervisory board members

25 April 2014, Published under Cement News

HeidelbergCement Ukraine (Dnipropetrovsk region), has appointed two members of the supervisory board, according to a company statement. Wolfram Gaertner and Robert Breyer have been elected supervisory board members for three years. In addition, Andrzej Balcerek, Klaus Schwind and Andreas Kern were re-elected supervisory board members. At the same time, Ernest Jelito was removed from the supervisory board, Ukrainian news reported.

Ukraine: cement output in November jumps 16.2%

19 December 2013, Published under Cement News

Cement production in Ukraine in November 2013 increased by 16.2 per cent YoY to 816,000t, while in the previous month the decline was 2.2 per cent compared to October 2012, the State Statistics Service (SSS) reported. According to the SSS, compared to October 2013, cement production in November 2013 fell by 13.7 per cent. In January-November 2013, cement production in the country decreased by 1.4 per cent compared to January-November 2012, to 9.33Mt. As reported, in 2012 cement producti...