Head of Eurocement Group, Mikhail Skorokhod, announced that Mordovcement has plans to invest RUB1.2bn (US$18.5m) over the next 18 months in development projects. RUB250m will be allocated to the development of a new quarry, which is set to commence preparation in 2017.

US tariffs will hit Greek and Canadian cement producers hardest
Canadian and Greek cement producers will be hit hardest by US tariffs. Adding to the already ann...