Cement News tagged under: Russia

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Russia: driving development

26 April 2017, Published under Cement News

In spite of significant headway already made in terms of modernising the Russian cement production base, plenty of room for development remains. The modernisation of the industry continues as the country’s cement association, Soyuzcement, outlines plans to accelerate best-practice in the sector and appeals to the government for increased use of cement in infrastructure programmes. By CMPro, Russia. The drive to develop and improve the industry’s sustainability record continues I...

New international standard in Russia

04 April 2017, Published under Cement News

Russia has introduced Interstate standard GOST 31108-2016 “Cements Technical Specification,” as a national standard of the Russian Federation (RF), effective 1 March 2017. The technical characteristics requirements of the new standard are broadly similar to the EU’s EN 197-1: 2011 standard, except that GOST has 23 sub-types compared to the EN 197’s 39 sub-types. The World Cement Association (WCA) has welcomed the introduction of the standard as a step towards greater compatibility between ...

Gornozavodsktsement FY16 net profit down to RUB370.8m

30 March 2017, Published under Cement News

Gornozavodsktsement reported a -9.9 per cent drop in revenues to RUB3.65bn (US$64.7m) in FY16 vs RUB4.05bn in FY15, according to Russian accounting standards. FY16 net profit fell -45.4 per cent YoY from RUB679.3m to RUB370.8m.

Eurocement signs LoI for Uzbek cement plant

16 February 2017, Published under Cement News

Russia’s Eurocement and Uzbekistan’s Uzqurilishmateriallari have signed a letter of intent (LoI) to build a cement plant in Uzbekistan. The new 2.4Mta works is expected to raise Eurocement’s production capacity in the country to 4.2Mta by 2020, according to Eurocement President Mikhail Skorokhod. “Besides construction of the cement plant, we are also discussing projects to upgrade the line for production of magnesia bricks and innovative construction materials, which will be sold not o...

The world in 2016 and outlook for 2017

10 February 2017, Published under Cement News

This year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era of global political uncertainty that could further destabilise markets. On balance, however, global growth looks set to be anchored by positive trends in the major markets of China, India and the US, more than offsetting the poor performance elsewhere. The large cement majors have spent years diversifying their por...

Russia: Sibirsky Cement reports 17% drop in output

24 January 2017, Published under Cement News

Production at the Russian cement company Sibirsky Cement fell 17 per cent YoY to 3.169Mt in 2016, said the company in a statement. The company attributed to declining sales to contracting domestic demand. Sibirsky expects demand for cement to fall 8-10 per cent to 4.7-4.8Mt in 2017. Output at Topkinsky Cement, Kemerovo region, declined 22 per cent YoY to 2.15Mt in 2016 while Krasnoyarsky Cement saw production slip three per cent to 752,500t. The Timlyuisky plant posted a 10 per cent d...

Lithuania: Akmenes largely offsets decline in Russia exports

24 January 2017, Published under Cement News

Preliminary data show that Lithuania’s Akmenes Cementas posted EUR51m in total revenue, down by EUR4.4m on 2015. Around 60 per cent of this revenue was generated in the domestic market, a further 20 per cent in other Baltic states and Belarus while the balance came from sales in Nordic countries. Exports to Russia’s exclave of Kaliningrad used to account for around 30 per cent of its annual revenue, but mandatory cement certification by Russia last year forced Akmenes Cement and other E...

Mechel, Russia, to supply 2-3Mt thermal coal to Tangshan Jidong

29 December 2016, Published under Cement News

On December 21, Mechel 0A0, a major metals and resource company in Russia, announced it had inked a supply contract with Tangshan Jidong Cement Co., Ltd., China for thermal coal. The contract term is from December 2016 to December 2017, during which time Mechel will supply 2-3Mt of Russian thermal coal to Tangshan Jidong Cement. The sales price of thermal coal is to be fixed every month based on then market. Tangshan Jidong Cement is a major cement company and subsidiary of Tangshan Ji...

Russia: Mechel to supply 2-3Mt coal to Tangshan Jidong

23 December 2016, Published under Cement News

Russian metals and resource company, Mechel OAO, announced it has signed a contract for the supply of 2-3Mt of thermal coal to Tangshan Jidong Cement Co. The contract term, which will see Mechel supply Russian thermal coal, runs from December 2016-December 2017. The sales price of the coal is to be fixed each month based on the prevailing market rate. Michael will ship coals produced by its subsidiaries such as Elgaugol, Yakutugol Holding Co and Southern Kuzbass Coal Co. Previously ...

Russia: market volume down in St Petersburg and Leningrad

13 December 2016, Published under Cement News

For 2016 cement demand in St Petersburg and Leningrad totalled 3.7Mt, falling short of the 4.3Mt estimated for the year in 2015. The main players in these markets are Eurocement Group, with a 58 per cent share, Cesla (18 per cent), Pikalevskaya Soda (14 per cent) and companies of the Eurocement Group in Belarus (six per cent).