Cement News tagged under: Eastern Europe
Akkermann Cement acquires unfinished Kaluga Cement plant19 April 2022, Published under Cement NewsRussia’s Akkermann Cement , owned by USM Holding , has acquired the Kaluga Cement Plant for RUB8.95bn (US$110m) at an auction, reports Esmerk Russian News. Kaluga Cement was declared bankrupt in 2018. The plant was expected to have a capacity of 3.5Mta when commissioned, but the construction works were never completed. To take the project to a successful completion, it is expected Akkermann Cement will have to spend at least RUB30bn. |
Tajikistan to increase cement exports to 2Mt by 202419 April 2022, Published under Cement NewsTajikistan plans to increase cement exports to 2Mt by 2024, with an annual growth of 200,000t, according to the latest forecast of key macroeconomic indicators for the country. Cement production is projected to increase to 7Mt by 2024, reports Trend. Currently cement capacity in Tajikistan reaches approximately 7.7Mta, according to The Global Cement Report, 14th Edition. |
Steppe Cement's market share edges up14 April 2022, Published under Cement NewsKazakhstan-based Steppe Cement sold 281,968t of cement for KZT6.299m in the first quarter of 2022. This brings the company’s market share to 13.7 per cent in the 1Q22 from 13.2 per cent in the 1Q21. The Kazakh cement market expanded by 12 per cent in the 1Q22 when compared with the equivalent period in 2021. Average prices for delivered cement climbed to KZT22,341/t from KZT21,332/t. The Kazakhstan posted revenue of KZT6.3bn (US$14m) in the three months ended 31 March 2022 up from KZT... |
Uzbek Commodity Exchanges trades 0.944Mt of cement in 2M2201 April 2022, Published under Cement NewsIn the January-February 2022 period, Uzbekistan’s Commodity Exchange has traded 943,500t of cement, of which 864,300t, or 91.6 per cent, were sold at an average price of UZS546,700/t. The average monthly sales volume reached 432,200t. Around 32 per cent of the volumes sold was PC II A-K (P-I) 32.5N cement, followed by PC/A-I 32.5N cement, which accounted for 16 per cent of cement sold. Smaller shares sold were PTS M-400 D-20 cement (12 per cent share), Portland cement (10 per cent) an PTS ... |
Holcim to exit Russian cement market30 March 2022, Published under Cement NewsHolcim will leave the Russian market. It is the latest western company to quit the country following Moscow's invasion of Ukraine. Holcim operates three intergrated grey cement plants in Russia consisting of OJSC Volskcement , Kolomna Cement and the Ferzikovo plant. It also has white cement production at Kolomna Cement . "The Holcim Board of Directors has decided to initiate the process to exit the Russian market in line with the company's values to operate in the most responsi... |
Türkçimento starts to see impact of Russian-Ukrainian war following a challenging year25 March 2022, Published under Cement NewsFatih Yücelik, chairman of the Board of Directors of Türkçimento , expressed that the Turkish cement sector has started to observe the impacts of the Russia-Ukraine crisis very heavily and fast. Mr Yücelik said, “The meeting we held with Mehmet Muş, Minister of Commerce, last week on the Russian-Ukrainian crisis took place in a very productive and constructive atmosphere. Even if this crisis keeps on in the forthcoming period, the solution-oriented approach of the Minister, the in... |
Cemex Poland receives Environmental Product Declaration certification21 March 2022, Published under Cement NewsCemex Poland has obtained Type III Environmental Product Declaration (EPD) certificates for cement and selected concrete products. The Building Research Institute-issued documents confirm the enhanced properties of products in the area of their environmental impact. Globally, it is the first time that Cemex has been awarded such certificates in line with the company’s climate goals and its Future in Action strategy. The EPD provides a detailed description of the environmental impact... |
Medcem Cement to install its second WHR plant11 March 2022, Published under Cement NewsMedcem Cement has a nnounced that it will produce 22 per cent of the electricity it needs, as it expects to commission its second waste heat recovery (WHR) system soon. Medcem Cement ( Eren Holding Group ) currently provides enough green energy to supply 25,000 houses without consuming any resources. It recovers gas emissions with a temperature of ~350˚C to generate electricity from steam. Thanks to the process, the company also prevented 31,000t of CO 2 emissions to the enviro... |
Çimsa's Afyon cement plant opens WDF facility07 March 2022, Published under Cement NewsÇimsa's new investment 'Opium Waste Derived Fuel Feeding Facility' has commenced operations at the company's Afyon factory . The facility was established to reduce the use of fossil fuels in cement production and a make the production process more sustainable production by using alternative fuels. It is expected to apply circular economy principles by using wastes from different sectors. Thanks to the facility, which was completed in nine months with an investment of TRY52m (US$3.65... |
CRH records group sales of US$31bn in 202104 March 2022, Published under Cement News2021 was a year of growth for CRH with positive underlying momentum in North America and Europe resulting in good demand in both regions. Group sales of US$31bn (2020: US$27.6bn) were 12 per cent ahead of 2020 and eight per cent ahead on a like-for-like(LfL) basis. Albert Manifold, CRH CEO, said: " Our 2021 performance reflects the outstanding commitment and resilience of our people as well as the benefits of our integrated, customer-focused business strategy." Americas Materials b... |