Cement News tagged under: Eastern Europe
Steppe Cement records net profit of US$9.7m in 201911 June 2020, Published under Cement NewsSteppe Cement has released its annual results for 2019 and records a net profit of US$9.7m. EBITDA increased to US$23.9m from US$21.4m in 2018 aided by higher prices. The Kazakhstan-based producer sold 1.715Mt in 2019, compared to 1.72Mt in 2018. The company's domestic cement sales grew by four per cent, while its exports fell by 29 per cent due to increased competition from new plants in Uzbekistan and Kyrgyzstan, and the strength of the tenge against the som in the 2H19. Both kiln lines... |
Turkish cement exports to Georgia fall by 53% in April08 June 2020, Published under Cement NewsCement exports from Turkey to Georgia fell by 8.2 per cent between January-April 2020, compared to the same period of 2019, amounting to US$12.8m. In April 2020, cement exports to Georgia fell 52.9 per cent YoY to US$1.5m. Turkey's export of cement to international markets was stable at US$1.1bn in the first four months of 2020, equal to the same period of 2019. The country's cement exports amounted to 2.2 per cent of its total exports over the reporting period. The export of cement to int... |
Azerbaijan sees 9% fall in cement production01 June 2020, Published under Cement NewsCement production in Azerbaijan fell 8.7 per cent YoY to 911,400t in the first quarter of 2020, according to the State Statistical Committee. Ready-mix concrete production rose 9.9 per cent to 461,400t, while prefabricated structures were down 4.3 per cent to 13,500m 3 . In total, construction materials worth AZN203.9m (US$119.9m) were produced in in the country between January-April 2020, a 4.5 per cent decline compared to the same period of 2019. |
Kyrgyzstan produced 230,600t of cement in 1Q2001 June 2020, Published under Cement NewsKyrgyzstan produced 230,600 of cement in the first quarter of 2020, according to the country’s National Statistics Committee. In January output reached 28,500t, followed by 58,600t in February and 143,500t in March. When compared with the 1Q20, when 352,400t was produced, output declined by 34.6 per cent YoY. |
Georgian producers seek support to stop cement dumping19 May 2020, Published under Cement NewsGeorgian cement producers have called for government support regarding the influx of cement imports into the country. The country’s producers stated that Turkey is a significant contributor of imports, since it produces a large amount of building materials that are not domestically needed in such quantities. The state therefore gives its producers the opportunity to sell exports below market value, with Turkish cement in the Georgian market reportedly 30-40 per cent cheaper than market va... |
Bolu Cimento reduces net loss in 1Q2015 May 2020, Published under Cement NewsTurkey’s Bolu Cimento Sanayii has considerably reduced its non-consolidated net loss to TRY11.04m (US$1.58m) in the first quarter of 2020, compared with a TRY21.19m loss in the 1Q20. Total revenue increased 43 per cent YoY to TRY104.1m in the January-March period, while the cost of sales surged 44.9 per cent to TRY99.14m from TRY68.4m. |
CEMBUREAU's Carbon Neutrality Roadmap to reduce CO2 to net zero by 205013 May 2020, Published under Cement NewsCEMBUREAU's Carbon Neutrality Roadmap (CNR) looks at how the European cement industry can reduce its carbon emissions by 2050, and align with the objectives of the European Green Deal. It demonstrates that reaching net zero emissions along the cement and concrete value chain is achievable by 2050. Experts from the European cement industry have looked in detail at the role of key technologies in reducing emissions at each stage of the cement and concrete value chain. CO 2 emissions can inde... |
Gazakh Cement plant output stable in 4M2011 May 2020, Published under Cement NewsGazakh Cement Plant LLC in Azerbaijan reported a stable output in the first four months of 2020. The company produced over 209,000t of cement and 273,000t of clinker. This represents an increase of 20 and 10 per cent, respectively when compared with 2018. |
Ukraine cement output up 6% in 1Q2011 May 2020, Published under Cement NewsUkrainian cement plants have increased their output by 6.3 per cent YoY in the first quarter of 2020, according to Esmerk CIS News. In January-March 2020 a total of 1.625Mt of cement were produced in the country. If the current growth trend continues, production volumes are expected to exceed 10Mt by the end of the year. |
Steppe Cement Ltd preliminary update to 31 December 201514 January 2016, Published under Cement NewsSteppe Cement Ltd recorded revenue for the year ended 31 December 2015 of KZT19,537m (US$54m), which was seven per cent lower than the KZT20,925m recorded in the corresponding period of 2014. Sales volumes reached 1.6Mt, an improvement of two per cent YoY. The average price (ex-VAT) for delivered cement was KZT11,890/t in 2015, an eight per cent decrease compared with KZT12,975/t in 2014, mostly due to price pressure from Russian imports until the KZT devaluation in August 2015. For 2015,... |