Cement News tagged under: Russia
Rising imports pressurise Russian cement producers12 July 2024, Published under Cement NewsCement imports to Russia are steadily growing. Belarus and Iran have been increasing supplies and local cement producers have seen their market shares fall and come under pressure. The situation for Russian cement manufacturers is expected to become more acute as cement consumption is likely to decline in 2024, forcing some to increase exports. According to a report by Daria Martynkina, executive director of Russia's cement association, Soyuzcement, cement imports rose to 3.4Mt in 2023, u... |
Belarus Cement Group to ship 67,000t to Russia29 May 2024, Published under Cement NewsThe Belarus Cement Group plans to ship 67,000t of cement to Russia in May using its own train, according to the Ministry of Architecture and Construction of Belarus. “This month, the BCG has launched a fixed-route train of its own hopper wagons to deliver cement to Russia. The first train was dispatched from the Belarusian Cement Plant (Kostyukovichi, Mogilev Oblast) to Moscow Oblast,” the report says. According to the Ministry of Architecture and Construction, the BCG train has alread... |
Key election year for leading cement nations12 January 2024, Published under Cement NewsThe year 2024 is going to be a significant election year for the world, with several of the largest cement consuming nations going to the polls. This week, we look over the key markets of Bangladesh, Indonesia, Pakistan, Russia, the United States and Mexico, and assess the geopolitical risk on cement demand in these nations. Bangladesh boom Last Sunday, Bangladesh's Prime Minister, Sheikh Hasina, won a fourth straight term, giving her another five years in power. While controversial, Ms... |
Russian cement producers warn of escalating costs22 November 2023, Published under Cement NewsLeading cement producers in Russia have warned domestic regulators of a 17-30 per cent rise in production costs next year, caused by continually increasing costs related to logistics, energy and personnel. The result will inevitably lead to a rise in cement prices over the coming several months, they caution. Representatives of Soyuzcement, the national cement manufacturing union, have already sent a letter to Russia's Ministry of Economy and Ministry of Industry and Trade, informing the ... |
Soyuzcement warns of rising cement costs in 202415 November 2023, Published under Cement NewsRussia’s union of cement producers, Soyuzcement, has written to the country’s government warning of a 17-30 per cent YoY rise in cement costs in 2024 on the back of higher logistics and energy costs, higher interest rates, and rising salaries. According to the union, these increasing costs come on top of the 23-30 per cent hike in production costs already seen in 2023, reports bne IntelliNews. RosStat data supports Soyuzcement’s claims, stating that the average cost of purchasing cement in ... |
Buzzi SpA sees 1H23 volumes decline in Europe08 August 2023, Published under Cement NewsBuzzi SpA reported cement volumes declining across much of western Europe in the 1H23, while the USA saw volumes rise significantly. Hydraulic binders and clinker sales in Italy were stable in the first six months of the year (-0.3 per cent), thanks to the recovery recorded in the second quarter. Ready-mix concrete output contracted, albeit moderately (-2.5 per cent). Selling prices closed the half-year without any significant changes compared to the level reached at the end of 2022... |
Buzzi SpA reports consolidated EBITDA up 58% in 1H2307 August 2023, Published under Cement NewsBuzzi SpA announced its 1H23 results reporting that consolidated EBITDA stood at EUR575.3m, up 57.6 per cent compared to EUR365.1m of the previous year. The figure for the period under review includes non-recurring income of EUR3.6m. Profit before tax amounted to EUR552.9m (EUR119.8m in the previous year), considering a contribution of EUR80.6m from equity earnings (EUR57.6m in 2022) and positive net finance costs of EUR24.9m (-EUR56m negative in 2022). After income taxes of EUR121.7m... |
Buzzi Unicem posts 1Q23 consolidated net sales of EUR955.9m15 May 2023, Published under Cement NewsConsolidated net sales for Buzzi Unicem in the 1Q23 reached EUR955.9m, a rise of 19.5 per cent compared to EUR8000.1m the 1Q22. However, Buzzi Unicem reported to a decline in sales volumes for the group in the first three months of 2023, both for cement (-8.8 per cent) and ready-mix concrete (-12.2 per cent). The strengthening of cement prices offset lower volumes in sales. Cement sales totalled 5,803,000t in the 1Q23 compared to 6,363,000t in the 1Q22. Ready-mix sales totalled 2,364,... |
Buzzi Unicem defends itself against defamatory campaign13 March 2023, Published under Cement NewsBuzzi Unicem has refuted allegations against its reputation with a company statement issued on 10 March 2023. “We are aware of a defamatory campaign against Buzzi Unicem which has been launched since the beginning of February, aiming to undermine the company’s reputation. The dissemination of the contents has been taking place through posts on social networks and/or direct messages,” said the company statement. The defamatory comments claim that Buzzi Unicem SpA, a company domiciled in ... |
Kyrgyzstan production up 7% in 202224 February 2023, Published under Cement NewsThe Kyrgyz cement industry produced 2.666Mt of cement in 2022, according to the Eurasian Economic Commission. This represents a YoY increase of 7.1 per cent. Kazakhstan’s cement output reached 12.088Mt while in Russia cement plants produced 60.667Mt. Armenia’s cement output was over 1Mt, up by 17.7 per cent YoY. |