Steppe Cement first-half loss narrows, Kazakhstan
Steppe Cement Ltd Friday said its first-half loss before tax narrowed to US$2.29m from US$6.40m in the previous year.
Kazakhstan
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HeidelbergCement 'most exposed' as Kazakh tenge falls
After Kazakhstan scrapped the trading band for its currency and moved to a free-floating exchange rate, the Kazakh Tenge dropped 23 per cent today. Among the European Building M...
Steppe Cement names new chairman
Steppe Cement Ltd on Monday said it has appointed Paul Rodzianko, independent non-executive director, as its independent non-executive chairman. Rodzianko is currently the chair...
Kazakhstan: Steppe's 1H volumes edge ahead, revenue falls
In the first half of 2015, Steppe Cement Ltd sold 717,654t of cement for KZT8277m (US$44.3m), which compares with 709,459t of cement for KZT9125m in the first half of 2014. This...
Steppe Cement announces appointment of non-executive director
Steppe Cement Ltd announced the appointment of Xavier Marcel Hervé Blutel - Guilloud de Courbeville to its Board of Directors, with immediate effect, as a non-executive director...
Steppe Cement announces retirement of non-executive chairman
Steppe Cement Ltd announced that Malcolm Brown will retire on 28 May 2015 as the non-executive chairman “due to health reasons” and he does not intend to stand for re-election i...
Steppe Cement swings to full year loss, Kazakhstan
Steppe Cement has swung to a FY pretax loss of US$8.1m in 2014 from a US$13m profit in the previous year. Revenue totalled US$116.63m in 2014 versus US$127.98m in the year befor...
Kazakhstan: Steppe Cement 1Q volumes down
In the first quarter of 2015, Kazakhstan-based producer Steppe Cement reported a three per cent decline in sales volumes to 192,884t from 198,607t a year earlier. The company sa...
Italcementi obtains EBRD loan for plant revamp
The Italcementi Group has signed an agreement with the European Bank for Reconstruction and Development (EBRD) granting it a loan for approximately EUR20m to fund the modernisat...
Steppe Cement reports 5.7% rise in 3Q revenue
Kazakhstan cement producer Steppe Cement Ltd Thursday reported third-quarter 2014 revenue of KZT7.65bn (US$42m), higher than the KZT7.24bn reported in the same period the previo...