Key election year for leading cement nations
The year 2024 is going to be a significant election year for the world, with several of the largest cement consuming nations going to the polls. This week, we look over the key...
Russia
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Russian cement producers warn of escalating costs
Leading cement producers in Russia have warned domestic regulators of a 17-30 per cent rise in production costs next year, caused by continually increasing costs related to log...
Soyuzcement warns of rising cement costs in 2024
Russia’s union of cement producers, Soyuzcement, has written to the country’s government warning of a 17-30 per cent YoY rise in cement costs in 2024 on the back of higher log...
Buzzi SpA sees 1H23 volumes decline in Europe
Buzzi SpA reported cement volumes declining across much of western Europe in the 1H23, while the USA saw volumes rise significantly. Hydraulic binders and clinker sales in...
Buzzi SpA reports consolidated EBITDA up 58% in 1H23
Buzzi SpA announced its 1H23 results reporting that consolidated EBITDA stood at EUR575.3m, up 57.6 per cent compared to EUR365.1m of the previous year. The figure for the ...
Buzzi Unicem posts 1Q23 consolidated net sales of EUR955.9m
Consolidated net sales for Buzzi Unicem in the 1Q23 reached EUR955.9m, a rise of 19.5 per cent compared to EUR8000.1m the 1Q22. However, Buzzi Unicem reported to a decline i...
Buzzi Unicem defends itself against defamatory campaign
Buzzi Unicem has refuted allegations against its reputation with a company statement issued on 10 March 2023. “We are aware of a defamatory campaign against Buzzi Unicem whic...
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 cem...
Eurocement becomes Cemros
Eurocement has changed its name to Cemros. The rebranding is aimed at renewing the company on a new stage of development since its acquisition by Smikom in 2021 for around US...
Buzzi Unicem posts 16% rise in consolidated net sales in FY22
Buzzi Unicem reports consolidated net sales at EUR3996m in FY22, up 16 per cent from EUR3446m in FY2021, also on LfL basis a rise of 9.6 per cent. Cement sales in Brazil and ...