International Cement Group sees revenue advance 14% YoY
International Cement Group (ICG) , which operates cement plants in Tajikistan and Kazakhstan, has reported revenue of SGD257.4m (US$191.4m) in 2023, up 14 per cent on the SGD225...
Central Asia
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Lebap Cement exceeds 1Mt production in 2023
The Lebap cement plant in Turkmenistan produced more than 1Mt of cement of various grades last year. About 107,500t of cement were sent to neighbouring Uzbekistan last year, rep...
Armenia imposes 6-month cement import ban
The Armenian government has banned imports from third countries for a period of six months. The step was taken to create favourable conditions for local cement producers. “The a...
Fitch B+ rating for United Cement Group
Fitch Ratings has awarded a B+ rating to United Cement Group (UCG) . The positive outlook by the rating agency is due UCG’s large-scale modernisation as well as with an increase...
Update on Uzbekistan Premium
Cement producers in Uzbekistan have been benefitting from government measures to provide a conducive development environment for the building materials sector. Cement demand has...
Steppe Cement records 11% revenue growth in 2022
Steppe Cement Ltd recorded 11 per cent revenue growth in 2022 to KZT40m (US$86,560) from KZT36m a year earlier, citing positive market conditions as it focussed on the Kazakh do...
Central Asia market dynamics Premium
The central Asian cement markets of the Kyrgyz Republic and Uzbekistan held firm in 2020 despite disruptions caused by the COVID-19 pandemic. GS-Expert discusses the dynamics of...
HeidelbergCement records cement sales of 122Mt in FY20
HeidelbergCement’s preliminary, unaudited figures for the full year 2020 saw the result from current operations before depreciation and amortisation rising by six per cent LfL t...
Caspian Cement fined for dust emissions
Kazakhstan's Caspian Cement LLP (HeidelbergCement group) has been fined KZT39m (US$92,689) for kiln dust emissions in the Mangistau region, according to the press service of the...
Gazakh Cement kiln line commissioned during COVID-19 crisis
Sustained Visions (SUSVI) and DAL Teknik Makina (DAL) have completed the kiln line upgrade at Gazakh Cement plant in Azerbaijan despite the COVID-19 restrictions. Kiln Line No1 ...