Russian cement trade January-September 2014
According to the Federal Customs Service (FCS), Russia exported over 2Mt of cement worth US$155m in the first three quarters of 2014. Ukraine was the leader by shipments, with ...
Russia
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Mikhailovcement Jan-Sept output up 20.2% YoY
Mikhailovcement, part of the Eurocement group, produced 1.21Mt of cement in January-September 2014, up 20.2 per cent on the comparative period of last year. The Mikhailovcem...
Belarus intends to increase exports to Russia
Belarus intends to export more cement to Russia in the years ahead, according to Vice Prime Minister of Belarus Anatoly Kalinin At a meeting with Russia's leading producer Eu...
Lafarge
Lafarge has agreed the sale of its wholly-owned Russian subsidiary Uralcement to Buzzi Unicem for EUR104m and the proceeds will be used to reduce Lafarge's net debt. In May, La...
Buzzi Unicem
Buzzi Unicem is to acquire, through its subsidiary Dyckerhoff, the 100 per cent interest in Uralsement from Lafarge for EUR104m in cash. The deal, which still requires regul...
Lafarge to sell Russian plant to Buzzi Unicem
Buzzi Unicem, through its fully-owned subsidiary Dyckerhoff GmbH, has reached an agreement to acquire a 100 per cent interest in Lafarge's UralCement plant in Russia for an ent...
Court of Appeal postpones Ahangarancement case in Uzbekistan
The Board of Appeals of the Tashkent Regional Economic Court adjourned the case on the claim of the Russian Eurocement Group holding due to the decision to invalidate the priva...
Morgan Stanley raises Buzzi Unicem rating
Morgan Stanley has raised its rating on Italy's Buzzi Unicem to "overweight" from "equal weight", on a strong upside potential for the cement maker's stock which has underperfo...
Eurocement first-half shipments rise, Russia
In the first half of 2014, Eurocement Group shipped over 450,000t of PC 500-D0-N grade cement, 24 per cent higher than the previous year. PC 500-D0-N cement is actively being...
Talks held on proposed Russian Karachay-Cherkessia plant
Rashid Temrezov, the head of Karachay-Cherkessia Republic, and Filaret Galchev, a member of the board of directors of Eurocement Group, are in talks for the construction of a c...