Cement News tagged under: Uzbekistan

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Russia: demand set to fall by up to 12% in 2016

30 June 2016, Published under Cement News

Demand for cement in Russia may drop 10-12 per cent in 2016, according to a representative of Moscow-based Eurocement Group. "As concerns the cement demand forecast in Russia, we assume that the decline may remain in the same range as in 2015: in the vicinity of 10-12 per cent for 2016," the representative told the Interfax news agency. "Eurocement Group plans to sell about 20Mt of cement in Russia and approximately 3.5Mt on other markets, in Uzbekistan and Ukraine," the representative...


05 January 2016, Published under Cement News

HeidelbergCement and Joule, pioneers in the production of liquid fuels from re-cycled CO 2 , have formed a joint subsidiary to exploit Joule’s technology to mitigate carbon emissions during cement manufacture. This process effectively re-cycles waste into CO 2 and then back into fuel. In a separate development, HeidelbergCement is currently reported to be in negotiation to acquire a 35.9 per cent interest in the Uzbekistan cement producer Kyzylkumcement JSC from Uzstroymaterialy JSC, lea...

Ahangarancement October output and shipments up, Uzbekistan

25 November 2015, Published under Cement News

Ahangarancement, part of the Eurocement Group, produced 161,000t of cement and 119,822t of clinker during October 2015. The Uzbek producer shipped 157,939t of cement to consumers, which is six per cent more compared to the targeted volumes volumes, UzDaily reported.

New Uzbekistan greenfield plant construction

12 November 2015, Published under Cement News

The Turkish Dal Engineering Group will commission a new 1.5Mta cement plant in the Surkhandarya region of Uzbekistan by late 2017, a representative from the country's Ministry of Economy told Trend News Agency. A Turkish company and Almalyk Mining and Metallurgical Combine (AMMC) signed a memorandum of cooperation for construction of the plant during an investment forum held in the capital Tashkent, the souce said. The cement plant has an estimated cost of US$225m. It will potentially be ...

Shangfeng Cement to raise funds for expansion

29 September 2015, Published under Cement News

Chinese cement producer Shangfeng Cement Co Ltd announced Tuesday to raise no more than CNY1.5bn (US$235.78m) via private placement for overseas expansion. The company will issue no more than 161.12m shares at a price of 9.31 yuan per share. The money will be earmarked to invest in two overseas projects including a 3200tpd line in Tajikistan and a 3200tpd  line in Uzbekistan. According to the feasibility study report, the annual revenue and profit of the production line in Tajikistan is ex...

Production of building materials in Uzbekistan increased by 11.3%

27 July 2015, Published under Cement News

According to the State Statistics Committee of the Republic of Uzbekistan, the construction materials industry produced goods worth UZS2.1098trn (US$427m) in January-June period of the current year, which is 11.3 per cent more than in January-June of 2014. The share of construction industry output was 5.2 per cent. Compared with the same period last year, large enterprises have increased production of the following key products: Portland cement (112.6 per cent), gravel (108.6 per cent), san...

Ahangarancement produces 400,500t of cement in 1Q, Uzbekistan

20 April 2015, Published under Cement News

Ahangarancement JSC, part of the Eurocement Group, produced 400,500t of cement in the first quarter of 2015, according to data released by its parent company. In the reporting period, the plant produced 242,489t of clinker. Shipments over the Jan-March 2015 period reached 388,397t, exceeding the target figure by 11 per cent. 

Court of Appeal postpones Ahangarancement case in Uzbekistan

10 September 2014, Published under Cement News

The Board of Appeals of the Tashkent Regional Economic Court adjourned the case on the claim of the Russian Eurocement Group holding due to the decision to invalidate the privatisation of Ahangarancement JSC. "The sitting was postponed at the request of the plaintiff," the representative of the court said. Representatives of the Eurocement Group asked for extra time in order to strike an amicable agreement with the defendant - the State Committee for Privatization, Demonopolisation and ...

Eurocement appeals Supreme Court ruling on Ahangarancement

03 September 2014, Published under Cement News

The Supreme Economic Court of Uzbekistan has received an appeal from Eurocement Group on the court's decision to annul the privatisation of Ahangarancement, in which the Russian producer holds a majority stake. On 21 July 2014, the Uzbek court declared Eurocement's 2006 privatisation of the cement plant invalid. Eurocement owns a 75 per cent stake in Ahangarancement, Uzbekistan's second-largest cement producer by capacity and market share. The ruling paves the way for the plant to be nation...

Eurocement faces losing Uzbekistan unit

24 July 2014, Published under Cement News

Russian cement major Eurocement is facing the loss of its facility in Uzbekistan in a nationalisation drive by the central Asian country. An Uzbek economic court in Tashkent has annulled Eurocement's 2006 acquisition of Uzbekistan's biggest cement producer, Akhangarancement, which could lead to its nationalisation. Uzbek media reports on 22 July said the Uzbek State Competition Committee filed a lawsuit last week against Eurocement's purchase of Akhangarancement. The Tashkent court r...