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ICG launches fourth cement plant in Kazakhstan

ICG launches fourth cement plant in Kazakhstan

Singapore’s Mainboard-listed International Cement Group (ICG) has inaugurated its fourth integrated cement plant, Korcem, in Kazakhstan’s Jambyl Region. The US$153m facility, lo...

Greenfield plant launched in Kazakhstan

Greenfield plant launched in Kazakhstan

A new project has been launched in the village of Asgaran settlement of Khojaly district, Asgaran settlement, reported Kazakhstan Minister of Economy, Mikayil Jabbarov. Accordin...

Korcem clinker line is ignited

Korcem clinker line is ignited

Sinoma (Liyang) Heavy Machinery has successfully ignited the 3500tpd (1.15Mta) clinker production line of the Korcem project in Kazakhstan. Sinoma (Liyang) Heavy Machinery carri...

Steppe Cement reports 1H24 revenues of US$34m

Steppe Cement reports 1H24 revenues of US$34m

Steppe Cement reported its 1H24 unaudited interim results with revenues amounting to US$34.4m, a seven per cent fall from US$36.9m in the corresponding period of 2023. The decli...

Kazakhstan’s continued challenge

Kazakhstan’s continued challenge Premium

While a positive economic forecast and plans to expand the country's infrastructure and housing are expected to support Kazakh cement producers, domestic and regional overcapaci...

Steppe Cement posts 24% drop in 1Q revenue

Steppe Cement posts 24% drop in 1Q revenue

Kazakhstan-based Steppe Cement reported revenue of KZT3.779bn (US$8.4m) in the first quarter of 2024, down 23.5 per cent from KZT4.938bn in the year-ago period. The company's ma...

Steppe Cement reports lower volumes in 1H23

Steppe Cement reports lower volumes in 1H23

Kazakhstan-based Steppe Cement Ltd has reported sales volumes of 749,034t of cement in the first half of 2023, down from 837,063t in the same period a year earlier. Revenue over...

Steppe Cement sees volumes fall 24% in 1Q23

Steppe Cement sees volumes fall 24% in 1Q23

Kazakhstan-based Steppe Cement has reported sales of KZT4.94bn (US$10.96m) in the opening quarter of 2023, compared to KZT6.3bn in the same period a year earlier, representing a...