Eurocement begins auction for 84.2% stake in plant
Russia's Eurocement has begun an open auction to sell an 84.19 per cent stake in its Akhangarancement plant in Tashkent, Uzbekistan. The company is expected to sell 4,141,108...
Russia
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Eurocement's shares put up for auction
Sberbank has put 100 per cent shares of Eurocement up for an electronic auction, including about RUB70bn(US$958m) of debt obligations. Sberbank is looking for a public buyer ...
SIKA acquires Russian mortar company
Sika has agreed to acquire Kreps LLC, a leading mortar manufacturer in Russia. The company offers a wide range of mortar products for interior and exterior finishing, complemen...
Ukrainian court dismisses claim to cancel anti-dumping duties
Ukraine’s District Administrative Court of Kyiv has reportedly dismissed the claim of the managing company of Belarusian Cement Co and its local importers regarding the cancell...
Angarskiy Cement Co begins work to improve energy supply
Russia’s Angarskiy Cement Co, part of Siberian Cement Co, has begun works to improve its energy supply. As such, it has started the construction of a 335m cable overpass from i...
Shchurovsky Cement celebrates 150 years
Part of LafargeHolcim Russia, this year Shchurovsky Cement’s plant in Kolomna is celebrating 150 years of cement production. Over its long history the integrated works has inve...
Sberbank consolidates 100 per cent shares of Eurocement Group
Sberbank has consolidated 100 per cent of the share in the parent company of Eurocement Group (GFI Investment Ltd). The bank is currently searching for investors interested in...
Iskitim Cement produces 684,000t in the 8M20
Russia’s Iskitim Cement (Sibcem) produced 684,000t of cement in the first eight months of 2020, down 13 per cent compared to the target of the company. By late 2020, the compan...
Russia transports 11.18Mt of cement by rail in 1H20
In the first half of 2020, Russia’s cement producers shipped 11.18Mt of cement by rail, a 9.7 per cent decline YoY. Eurocement’s plants accounted for 37.5 per cent of the shi...
Siberian Cement plants increase 1H output 4%
In the first half of 2020 Siberian Cement (Sibcem) produced 2.2Mt of cement, representing a four per cent YoY increase. Topkinsky Cement’s output rose by one per cent to 1Mt, w...