Cement News tagged under: Belarus
Belarus and Russia trade US$400m of cement in 2014-1802 August 2018, Published under Cement NewsThe Belarusian Architecture and Construction Ministry (BACM) has announced that US$400m of cement was traded between Belarus and Russia between 2014-2018. Anatoly Cherny, BACM minister, and Mikhail Skorokhod, president of Eurocement Group, met on Wednesday to discuss 1H18 results and future tasks, according to Belarus Daily News. A bilateral document was signed in 2014 allowing Eurocement to sell Belarusian cement in Russia, fully satisfying the demand for the country’s cement on the Russi... |
Ukraine's ICIT to initiate anti-dumping investigations05 July 2018, Published under Cement NewsOn 4 July 2018, Ukraine's Interdepartmental Commission on International Trade (ICIT) announced the initiation of two anti-dumping investigations into imports of steel and cement. The products being looked at by the investigations include cement originating from Russia, Belarus and Moldova. Both investigations are the latest in a series of Ukraine's probes into and measures against Russian and Belarus exports, but this is the first time when Ukraine called products from Moldova into questio... |
CRH02 July 2018, Published under Cement NewsWith the beginning of 2019, CRH will have a new global Building Products division, which will combine the Europe Lightside, Europe Distribution and Americas Products divisions. Following the recent sale of the North American distribution activities, CRH has announced that it has started on a strategic review of the Europe Distribution activities, with the aim of improving margins and the return. CRH is selling its 0.3Mta cement plant at the Three Forks cement works in Montana to Grupo Cem... |
Belarusian government ready to sell Krasnoselskstroymaterialy18 June 2018, Published under Cement NewsThe Belarusian government is ready to sell Krasnoselskstroymaterialy to CRH for approximately US$200m, according to Deputy Prime Minister, Anatol Kalinin. "The investor does not want to buy the entire stake although we are offering it to purchase 100 per cent of its shares," he said, adding that the sides continued their talks and were bringing their positions closer together. The government is determined to carry out a targeted privatisation, said Mr Kalinin. The cement manufacturer has... |
OAO Belarusian Cement Plant shows potential22 January 2018, Published under Cement NewsOAO Belarusian Cement Plant, part of the Belarusian Cement Company, has potential for development. The Belarusian economy minister, Vladimir Zinovsky, made this statement when he visited the plant on Saturday, according to BelTA. The minister also noted that the business can grow through cost reduction efforts and by introducing new competitive products with a high added value. Mr Zinovsky stated that the stable operation of the company is a factor in the sustainable economic development ... |
Belarus government increases stake in three cement producers29 September 2017, Published under Cement NewsThe Council of Ministers in Belarus has issued a directive providing for an increase in the government’s stake in three cement producers. The government will raise its stakes in Belarussian Cement Plant in Kastsyukovichy and Krychawtsementnashyfer in Krychaw, which are both in the Mahilyow region, as well as Krasnaselskbudmateryyaly in the Vawkavysk district, Hrodna region, according to Belapan news service. The increase will equal the amount of financial support provided to the companies... |
Belarusian Cement and Eurocement Group sign collaboration contract09 December 2016, Published under Cement NewsBelarusian Cement Company and Eurocement Group, Russia, have signed a contract to regulate cooperation in 2017, according to the Belarusian Architecture and Construction Ministry. The agreement will ensure that deliveries will satisfy Russian demand for Belarusian cement and that 2017 deliveries will be at least as large as those in 2016. The contract was signed by Eurocement Group President, Mikhail Skorokhod, General Director of OAO Belarusian Cement plant, Igor Lozhechnikov, and Direct... |
Belarusian Cement to merge with Minsk Silicate Materials26 August 2016, Published under Cement NewsBelarusian Cement Plant, located in the Kostiukovichi Mogilev region, is set to incorporate OAO Minsk Silicate Materials Plant. The merger is due to be finalised by December 2016. The Belarusian Cement Plant will increase its statutory capital by issuing 287,227 supplementary shares valued at BYN10 (US$4.97) each. These will be transferred to the state, expanding the state-owned stake in the cement company from 99.45 to 99.46 per cent. |
Krasnoselskstroymaterialy chases profits in Poland and Russia15 August 2016, Published under Cement NewsBelarus cement producer Krasnoselskstroymaterialy is optimistic that its finances will return to the black by the end of 2016, reports BelTA news agency. The enterprise will seek to boost its exports to Russia and Poland while raising its output of cement. "We have refocussed our enterprise and penetrated new markets in Poland and Kaliningrad Oblast. When we only started to penetrate them we had to cut prices and reduce the profitability of sales. But all new contracts in Russia and P... |
Akmenes posts decline in 2015 revenue08 February 2016, Published under Cement NewsLithuania's sole cement manufacturer Akmenes Cementas posted a decline of around six per cent in 2015 revenue to EUR55.4m from EUR59.2m a year earlier. Nearly 50 per cent of revenue derived from exports, mainly to Poland, Scandinavia and Russia's exclave of Kaliningrad, the Verslo Zinios business daily reported on Friday. “Cement consumption more or less reflects the situation in the Lithuanian construction sector. In 2013 cement consumption rose by approximately 10 per cent whereas in 2... |