BaselCement produced 2Mt of cement and clinker in 2014, an increase of 37 per cent YoY, the Russia-based company said in a statement.

Volumes at the Serebryansky Cement plant in Ryazan Oblast increased by 95 per cent YoY to reach 1.02Mt, news agency Interfax reported citing BaselCement's press service. Shipments from the Achinsk Cement plant, based in Achinsk, rose by five per cent, with volumes exceeding 960,000t.