Dyckerhoff may revive Russian cement plans

Dyckerhoff is currently examining options to revive plans for the construction of a cement factory in Akbulak, German newspaper Boersen-Zietung reports. According to the daily, plans for the new plant have been frozen for the past few years.

Last year, the company boosted Russian cement deliveries by 33.7 per cent to 2.43Mt and prices by 6.6 per cent. This year, the company expects the overall Russian market to advance by 10.5 per cent as housing and infrastructure continues to drive demand.