Cement News tagged under: Uzbekistan

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Kyzylkumcement sees net profit rise 71%

17 September 2020, Published under Cement News

Uzbekistan’s Kyzylkumcement saw a net profit of US$20.3m in January-June 2020, rising 70.9 per cent YoY. Revenue also advanced 12.4 per cent to US$97.1m. In the 1H20 the plant increased cement production by three per cent YoY to 1.75Mt, which amounted to 32.2 per cent of the total cement production in the country. Kyzylkumcement is also intending to build its fourth line for the production of clinker by the end of 2020, with the project valued at US$112.63m. The project will be finance...

Uzbekistan reports lower construction material imports

24 August 2020, Published under Cement News

Uzbekistan saw construction material imports decline 20.9 per cent YoY to US$592.2m in the first half of 2020, according to the State Statistics Committee. The most noticeable decrease was seen in cement imports, which declined by more than 2.2 times to US$48.4m. However, the volume of construction work carried out in the country increased by 5.7 per cent compared to the 1H19. There are also plans to bring the production of cement to 14.5Mt in Uzbekistan and significantly increase its p...

Uzbekistan's cement capacity reportedly set to rise 60% YoY

17 August 2020, Published under Cement News

Uzbekistan’s cement production capacity will rise to 20Mta by the end of 2020, up 60 per cent YoY from 12.5Mta at the end of 2019, according to Ulugbek Abrayev, deputy chair of Uzbekqurilishmateriallari. Mr Abrayev added that the country will produce 14.5Mt in 2021, around 73 per cent of the projected capacity for 2021. At present 10 cement plant construction projects across eight of Uzbekistn’s 12 regions are due for completion in 2020 and 2021.

Uzbekistan cement prices fall

17 July 2020, Published under Cement News

At the last auction of the Uzbek National Commodity and Raw Materials Exchange on 29 June, the average weighted cost fell 4.9 per cent from UZS792,000/t (US$77.71/t) to UZS754,000/t, according to the UzEX press service.  Between January and June 2020, the average price of all cement brands on the exchange advanced 59 per cent from UZS499,000/t to UZS792,000/t as the construction season got underway in May. A reduction of volumes offered by sellers and a threefold increase in cement imports...

Uzbekistan to simplify cement imports

10 July 2020, Published under Cement News

The Antimonopoly Committee of Uzbekistan intends to simplify the imports of cement. Domestic cement shortages , due to a pick-up in construction works and a fall in imports, have seen the cement price increase by 59 per cent, according to Esmerk CIS News. The Uzbek government has instructed the Antimonopoly Committee, the Uzstandart agency, the State Customs Committee, and the Uzpromstroymaterialy Association to develop a draft document to increase the supply of cement to the domestic mark...

Akhangarancement sets record shipment figures in May

12 June 2020, Published under Cement News

Uzbekistan’s Akhangarancement, part of Eurocement, shipped a record monthly shipment of more than 180,000t of cement in May 2020, up 10.6 per cent YoY. Gennady Kulikov, general director of Akhangarancement, praised the contribution of the clinker firing department, automotive workshop, cement shipping and packaging section, and the sales department in reaching the record level. "Despite the special mode of operation associated with the coronavirus pandemic, the enterprise team at all s...

Uzbekistan resumes cement imports

26 May 2020, Published under Cement News

Uzbekistan has resumed the import of cement after the goverment’s 22 May resolution, reports Central Asia News. On 23 April the country had temporarily suspended the import of cement due to the coronavirus pandemic. The measure was put in place to support domestic producers following a decline in demand as construction activity was halted.

Qizilqumsement reports 78% surge in net profit

30 April 2020, Published under Cement News

Uzbekistan’s Qizilqumsement, the country’s largest producer, reported a 78.3 per cent increase in net profit to US$6.8m in the first quarter of 2020, according to Trend News. Net revenue advanced 16.7 per cent YoY to US$43.4m in the 1Q20, while gross profit was up 6.8 per cent to US$14.4m.

Namangan Cement launches construction of second line

29 April 2020, Published under Cement News

Uzbekistan's Namangan Cement LLC has launched the construction of a second line at its facility in Namangan, Chust district. The company was founded in 2019 and produces 200,000tpa of cement from the first stage of production. After the second stage is commissioned, the facility’s capacity will rise to 1.1Mta. The new line is expected to be launched at the end of 2021, according to Uzbekistan’s National News Agency. The project will be implemented with US$14m of the company's own funds...

Uzbekistan set to temporarily suspend cement imports

27 April 2020, Published under Cement News

Foreign trade restrictions are expected to be introduced in Uzbekistan from 1 May 2020, as a reaction to the economic consequences of the COVID-19 pandemic, according to Uzbekistan Daily. As a result, from 1 May to 31 December 2020 the export of raw materials for the production of medical products and the import of cement products are going to be temporarily suspended. The country has recently seen a sharp drop in cement demand due to work at many construction sites having stopped. How...