Steppe Cement returns to profit and self-funds US$35m expansion
Steppe Cement reported a first-half profit after tax of US$9m, reversing a US$0.5m loss in the same period of 2025, as higher cement prices and improved operating performance st...
Kazakhstan
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Steppe Cement reports strong 1H26 revenue surge on higher sales volumes
Steppe Cement announced a 43 per cent increase in its 1H26 revenue to KZT29.59bn (US$61m), driven by a 15 per cent rise in cement sales volumes to 978,950t. The average delivere...
QazCem Industries begins construction of 1.3Mta cement plant in Kazakhstan
Construction has begun on a new 1.3Mta cement plant in Kazakhstan's Aktobe region, according to local authorities. The US$176.9m project is being developed by QazCem Industries ...
Kazakhstan launches nationwide study to upgrade road cement standards
Kazakhstan’s Ministry of Transport has initiated a nationwide assessment of domestically produced cement to improve road infrastructure durability. Led by the KazdorNII research...
Steppe Cement reports strong growth and market share gains in Kazakhstan
Steppe Cement Ltd has announced a significant increase in its market share within Kazakhstan for the first quarter of 2026, driven by a surge in both sales volume and pricing. T...
ICG reports US$60m profit in FY25
International Cement Group (ICG) posted net profit attributable to shareholders of US$60.0m for the year ended 31 December 2025, compared with US$135,000 in the previous year. R...
Steppe Cement reports increased revenue in 2025
Kazakhstan-focused producer Steppe Cement Ltd has reported increased revenue to the London Stock Exchange, where the company is listed. Revenue reached KZT52.38bn(US102m) in 202...
Kazakhstan cement output hits record on standards overhaul
The Ministry of Trade and Integration said the improvement of the national system for certifying cement products was the main driver of recent industry growth, following the upd...
Uzbekistan cement exports surge in 9M25
Uzbekistan’s cement exports rose sharply in the first nine months of 2025, with volumes increasing almost fourfold to reach nearly 1.1Mt, according to data released by the count...
Kazakhstan, China advance US$200m cement plant in Aktobe
Kazakhstan and China are moving ahead with a major new cement plant in the Aktobe region, following progress meetings between QazCement Industries, China’s Sinoma Cement Co Ltd ...