Kyrgyzstan production up 7% in 2022
The Kyrgyz cement industry produced 2.666Mt of cement in 2022, according to the Eurasian Economic Commission. This represents a YoY increase of 7.1 per cent. Kazakhstan’s cement...
Kazakhstan
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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...
Steppe Cement reports 9% increase in revenue in 3Q22
Kazakhstan's Steppe Cement Ltd has posted a nine per cent YoY increase in revenue in the 3Q22. Revenue came in at KZT13,071m (US$27.7m) compared to KZT12,045m in the same period...
Steppe Cement sees 65% surge in 1H post-tax consolidated profit
Steppe Cement has announced a consolidated profit after tax of US$10.2m for the six months ended 30 June 2022, up 65 per cent YoY. The Kazakstan cement producer’s gross margin i...
Tajikistan leading cement importer in Uzbekistan
The State Committee of Uzbekistan on Statistics said the country receives the largest part of its cement imports from Tajikistan, which exported in the 8M22 approximately 625,00...
Uzbekistan reduces imports by 25% in 7M22
In the January-July 2022 period Uzbekistan has imported 1.3Mt of cement, with a value of US$52.2m. In terms of volume, this represents a 24.5 per cent YoY drop from 1.721Mt in t...
Steppe Cement sees turnover improve 18% YoY in the 1H22
Steppe Cement sold 837,063t of cement in the first half of 2022, compared to 840,661t in the same period a year earlier. While volumes remained stable, turnover over the same pe...
Bekabadcement to work on International Transport Corridor
Bekabadcement , part of the United Cement Group Holding , has become a partner of the key project to build the International Transport Corridor connecting Uzbekistan and Kazakhs...
Steppe Cement increases capex for 2022-23
Kazahstan’s Steppe Cement plans to invest US$7m in capex in 2022 and the first half of 2023. Among the projects outlined is the completion of the new separator for cement mill 1...
Developing central Asia Premium
The central Asian cement markets of Kazakhstan and Uzbekistan are among the most active accumulators of greenfield plants and expansion projects. Construction and infrastructure...