Holcim to modernize Volsk cement plant, Russia
Holcim Russia plans to invested EUR350m for the modernization of its Volsk plant. The project will include the installation of a new semi wet-process production line with a ...
Russia
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Sibirsky Cement nine month output rises, Russia
Sibirsky Cement increased cement output 5.3 per cent YoY to 3.148Mt in the nine months to September 2012, the company said in a statement. Sibirsky Cement, which comprises th...
Eurocement to construct new plant, Russia
Russia’s leading cement producer is planning to build a new cement plant in the Blagodarnensky district of the Stavropol territory. The plant’s annual capacity will be 1.3Mta a...
Iskitimtsement raises 9M12 output, Russia
Iskitimtsement, part of Russia-based RATM Holding, raised cement output by 23.1 per cent YoY to 1.123Mt in January-September, RIA Novosti news reported. Deliveries rose 28.9 pe...
Katavsky Cement sets new production record, Russia
Katavsky Cement, part of Russian market leader Eurocement Group, produced 146,008t of cement in August 2012, surpassing last year’s record of 138,005t. According to these figur...
Ship faces detention in Ireland over claims of unpaid wages
A ship carrying cement was facing detention in Drogheda on the east coast of Ireland last night due to an almost €80,000 in alleged unpaid crew wages, according to reports in t...
Russia: New CEO at Zhigulevskie Stroymaterialy JSC
Nikolay Skornyakov has been appointed CEO of Zhigulevskie Stroymaterialy JSC which is part of the Eurocement group Holding. Until now, Nikolay Skornyakov was Zhigulevskie Stro...
Sibirsky Cement 2011 net profit almost doubles, Russia
Sibirsky Cement’s net profit almost doubled to RUB1.4bn (US$42.9m) in 2011 from around RUB700m in 2010, as calculated in accordance with International Financial Reporting Stand...
Fitch Ratings has affirmed LSR's 'B' outlook stable
Fitch Ratings has affirmed OJSC LSR Group's (LSR) Long-term foreign currency Issuer Default Rating (IDR) at 'B' with a Stable Outlook and the senior unsecured rating of the out...
Equita sees Buzzi Unicem 2Q EBITDA rising
Brokerage Equita expects Italian cement maker Buzzi Unicem to report second-quarter EBITDA of EUR158m, up by 13% on the year. SeeNews Italy reports that the broker expects the...