Kazakhstan: Rudny cement plant online in 2017
Rudny Cement Factory LLP is scheduled for commissioning in Rudny, Kostanai region, later this year, according to the town’s mayor, Bakytzhan Gayazov.
Kazakhstan
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Kazakhstan: Steppe Cement FY16 results
Steppe Cement Ltd recorded revenue for the year ended 31 December 2016 of KZT17.94bn (US$54.01m), representing an eight per cent drop YoY from KZT19.53bn recorded last year.
Kazakhstan: Steppe Cement refinances US$15m loans
Steppe Cement has announced that it has refinanced two loans worth a combined US$15.3m, StockMarketWire reports. welcomes Halyk Bank to finance its long-term financing requireme...
Kazakhstan: a nation’s vision Premium
While the need for infrastructure and housing is considerable in Kazakhstan, lower oil receipts, a depreciating tenge and sluggish global growth conspire against elevated levels...
Kazakh cement consumption shows signs of slowing
Cement consumption growth in Kazakhstan is expected to decelerate in 2016, breaking with the decade-long trend of demand expansion of 15-30 per cent annually. Only in 2009, cons...
Kazakhstan: struggling economy hits cement industry
With a slump in oil prices, geopolitical tension between Russia and the West, and a slowdown in the Chinese economy, Kazakhstan’s GDP grew just 0.1 per cent YoY in 1H16. Followi...
Kazakhstan: Steppe Cement 1H16
Steppe Cement's 1H16 revenues fell 47 per cent YoY to US$24m,
Kazakhstan: Steppe Cement 1H loss falls in dollar terms
Steppe Cement has published its financial results for the first six months of 2016. Losses in dollar terms fell to US$1.5m from US$2.2m in the same period in 2015. However, due ...
Vicat's 1H16 results in the USA continue to improve
Vicat's first half turnover eased by 0.4 per cent to EUR1237m, which amounts to a 4.3 per cent increase on a comparative basis. The EBITDA improved by 2.3 per cent to EUR208m an...
Kazakhstan: Steppe Cement sees 6% rise in 1H16 sales
Steppe Cement Ltd sold 761,771t of cement for KZT8190m (US$23,970.4) during the first half of the year, a rose six per cent compared with 717,654t of cement for KZT8277m a year ...