Sberbank and Eurocement agree debt restructuring deal
Russia's leading cement producer, Eurocement group, and Sberbank CIB have agreed on conditions for restructuring the company’s loan portfolio.
Russia
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Russia’s Sberbank reportedly selling LafargeHolcim stake
Sberbank, Russia’s largest lender, is selling a stake in Swiss cement business LafargeHolcim Ltd valued at about CHF1.5bn (about US$1.5bn), Bloomberg reported late Wednesday, ci...
PSR selects second Siwertell road-mobile unloader
Siwertell, part of Cargotec, secured a second order for a road-mobile ship unloader from Russian company PSR Primstroyresource, based in Vladivostok. The latest contract is for ...
Pikalevskiy Cement to produce higher-quality cement
Mikhail Skorokhod, president of Eurocement Group, visited Pikalevskiy Cement plant where a new dry-process line is being constructed.The project is part of ongoing modernisation...
Voronezh Cement output reaches 1Mt, Russia
Voronezh Cement, part of the Eurocement group, produced 1Mt as at 3 September 2015, some 100,000t more than the same period of last year. The dry-process plant is located 200km ...
KHD signs contracts in Russia
ZAB Zementanlagenbau GmbH Dessau (ZAB), Dessau, Germany, a subsidiary of KHD Humboldt Wedag International AG (KHD), Germany, has signed contracts totalling over EUR100m for equi...
Anhui Conch
Anhui Conch has reportedly signed an agreement to construct a 2Mta cement plant in Ulyanovsk, Russia. Located on the Volga River in the west of the country, Ulyanovsk lies 893km...
Conch reportedly planning Russian investment
Anhui Conch Cement Co of China is planning to build a 2Mta a cement plant in the Ulyanovsk region of Russia, local press report. The estimated investment in the project is US$30...
Russia: BaselCement output up 4% YoY
BaselCement produced just over 1Mt of cement and clinker in the first half of 2015, up four per cent YoY, according to the statement.
Eurocement launches Ulyanovsk plant, Russia
Russia’s Eurocement Group has launched a 1.3Mta cement plant in the town of Sengiley, Ulyanovsk, regional Governor Sergei Menyailo told local reporters on Tuesday. Investments a...