Cement News tagged under: Lithuania
Akmenes Cementas reports encouraging start to 2013, Lithuania03 April 2013, Published under Cement NewsLithuania’s sole cement producer Akmenes Cementas reported a 13 per cent rise in revenues for the first two months of 2013 to LTL15.2m (EUR4.4m) Sales volumes rose by 16 per cent to 65,000t from 56,000t in the same period of last year, company spokesperson Giedre Kundrotiene told Baltic News Service. Domestic cement consumption is likely to have shown a five per cent decline in 2012 to 0.65Mt, but is expected to show a modest improvement in 2013, supported by the infrastructure spending ... |
Concretus Materials to buy majority stake in Akmenes Cementas, Lithuania02 January 2013, Published under Cement NewsConcretus Materials is to acquire a 51 per cent stake in Lithuania’s sole cement producer Akmenes Cementas. The company applied to the Lithuanian Competition Council on 27 December for approval of the deal. Cemex currently owns a 33.95 per cent stake while other shareholders include Simonas Vytis Anuzis (13.67 per cent share), Olius Danyla (13.55 per cent), Arnoldas Mituzas (12.76 per cent) and Edmundas Montvila (9.8 per cent). Akmenes is currently implementing its largest-ever modern... |
Exports drive Akmenes’ growth, Lithuania28 September 2012, Published under Cement NewsLithuania’s sole cement producer Akmenes Cementas is operating at almost full capacity as it benefits from its strategy to increase exports, business daily Verslo Zinios reported "Today we rely on exports for growth," it quoted Akmenes Cementas CEO Arturas Zaremba as saying. The company this year is targeting at least a 10 per cent increase in annual sales and a rise of around 15 per cent in revenues thanks to growing exports. Akmenes Cementas expects that its LTLT350m (EUR 101.4m) mode... |
Ship faces detention in Ireland over claims of unpaid wages14 September 2012, Published under Cement NewsA ship carrying cement was facing detention in Drogheda on the east coast of Ireland last night due to an almost €80,000 in alleged unpaid crew wages, according to reports in the Irish Times. The MV Julia’s nine -man crew from Ukraine, Russia and Lithuania had not been paid since May, International Transport Workers Federation co-ordinator for Ireland and Britain Ken Fleming said. The men were owed US$102,700 (€79,110) in unpaid wages, he added. The vessel is owned by Dutch- based compan... |
HeidelbergCement opens new Lithuanian terminal30 July 2012, Published under Cement NewsHeidelbergCement has opened a new cement terminal in Klaipeda, city in Lithuania situated at the mouth of the Dane River where it flows into the Baltic Sea, according to local press reports. The modern LTL10m (approx EUR 2.9m) terminal for logistics, packaging and production of industrial cement will have a supply capacity of 100,000tpa of bulk cement and 50,000tpa of bagged cement. |
Nordic stability lies ahead24 March 2012, Published under Cement NewsThe Nordic cement markets comprising Sweden, Norway, Finland, Demark, Estonia, Latvia and Lithuania have many modern cement plants operating kilns with some of the highest alternative fuel substitution rates. The region also has a wealth of cement terminals and grinding stations, encouraging strong trade, especially via sea routes. Sweden, Norway and Finland are the three biggest Nordic cement markets, with Denmark a distant fourth in terms of cement demand. The three Baltic countrie... |
Akmenes sales increase 5%, Lithuania14 March 2012, Published under Cement NewsAkmenes Cementas, Lithuania’s sole cement producer, posted a five per cent rise in sales for the first two months of 2012 to LTL13.4m (EUR3.88m) from LTL12.8m in the same period last year. The company has resumed its upgrade project, which includes converting its kiln line from wet to dry-process technology, due to warmer weather, company representative Giedre Kundrotiene told Baltic News Service. “The construction and installation of a new technological line were somewhat adjusted due... |
Lithuania’s Akmenes Cement seeks export markets23 February 2012, Published under Cement NewsFollowing the completion of upgrade works at the Akmenes Cement works in Lithuania, the company has said it is seeking new export markets for its additional output. The company is installing a new line which will raise capacity from 1.2Mta to 1.5Mta. “Search for new markets and customers is vital for us and we focus on that now. We are building a new plant, which will have the capacity way larger what we have now, hence we must secure our future sales today,” Akmenes Cementas CEO, Arturas... |