Cement News tagged under: Russia
Russia: LSR Group appoints members to the board at its AGM06 April 2016, Published under Cement NewsLSR Group has elected its new Board of Directors, consisting of nine members. The new board will now consist of: Aleksandr Vakhmistrov, Olga Sheikina, Evgeny Yatsyshin, Dmitri Gontcharov, Vasily Kostritsa, Andrey Molchanov and the three independent directors - Aleksey Makhnev,Vitaly Podolsky and Alexander Prisyazhnyuk. The AGCM also approved the annual report of OJSC LSR Group for 2015, prepared in accordance with FFMS requirements and annual financial statements 2015 (RAS) and decided to p... |
Sberbank and Eurocement agree debt restructuring deal16 March 2016, Published under Cement NewsRussia's leading cement producer, Eurocement group, and Sberbank CIB have agreed on conditions for restructuring the company’s loan portfolio. The deal envisages pushing back loan repayments worth RUB42bn (US$597.8m) and US$360m by up to six years and optimisation of interest rates. The conditions for restructuring the debt portfolio will enable Eurocement group to take a more flexible approach to financing its operational activities and help it achieve strategic goals. "Sberbank C... |
Russia’s Sberbank reportedly selling LafargeHolcim stake04 February 2016, Published under Cement NewsSberbank, Russia’s largest lender, is selling a stake in Swiss cement business LafargeHolcim Ltd valued at about CHF1.5bn (about US$1.5bn), Bloomberg reported late Wednesday, citing a termsheet. UBS Group AG is sole bookrunner on the sale of 37.2m shares, the terms showed. Sberbank acquired a 6.12 per cent stake in LafargeHolcim in January from Eurocement Holding AG as part of a repurchase agreement, making the Russian lender the third-largest stakeholder. Sberbank and Eurocement signed a ... |
PSR selects second Siwertell road-mobile unloader10 November 2015, Published under Cement NewsSiwertell, part of Cargotec, secured a second order for a road-mobile ship unloader from Russian company PSR Primstroyresource, based in Vladivostok. The latest contract is for a next-generation, diesel-powered, trailer-based Siwertell 10 000 S unloader, fitted with a double bellows system and dust filter. It will be used to unload cement on the Island of Sakhalin at a rated capacity of 300tph. The order was received in September 2015 and the delivery is planned for March 2016. Commenting... |
Pikalevskiy Cement to produce higher-quality cement13 October 2015, Published under Cement NewsMikhail Skorokhod, president of Eurocement Group, visited Pikalevskiy Cement plant where a new dry-process line is being constructed.The project is part of ongoing modernisation efforts at Eurocement's cement works. Eurocement Group is currently actively pursuing opportunities to expand its sales area, including the supply of clinker for export. As a result, Pikalevskiy's technical engineers have improved the indicators of clinker quality in recent months. The president has set the... |
Voronezh Cement output reaches 1Mt, Russia16 September 2015, Published under Cement NewsVoronezh Cement, part of the Eurocement group, produced 1Mt as at 3 September 2015, some 100,000t more than the same period of last year. The dry-process plant is located 200km south of Voronezh, and is well placed for road and rail transportation. |
KHD signs contracts in Russia14 September 2015, Published under Cement NewsZAB Zementanlagenbau GmbH Dessau (ZAB), Dessau, Germany, a subsidiary of KHD Humboldt Wedag International AG (KHD), Germany, has signed contracts totalling over EUR100m for equipment and services for a new cement plant with a production capacity of 4500tpd clinker. The new plant will be built in the Northern Caucasus region of Russia. |
Anhui Conch24 August 2015, Published under Cement NewsAnhui Conch has reportedly signed an agreement to construct a 2Mta cement plant in Ulyanovsk, Russia. Located on the Volga River in the west of the country, Ulyanovsk lies 893km from Moscow. The new plant is rumoured to be costing US$274m. Cement demand is expected to be strong in the region following the announcement of over 325 infrastructure projects over the last five years. Over half of these are due to be realised in 2015-2020 with some planned to finish closer to 2030. In total the ... |
Conch reportedly planning Russian investment11 August 2015, Published under Cement NewsAnhui Conch Cement Co of China is planning to build a 2Mta a cement plant in the Ulyanovsk region of Russia, local press report. The estimated investment in the project is US$300m, according to Esmerk Russian News. |
Russia: BaselCement output up 4% YoY23 July 2015, Published under Cement NewsBaselCement produced just over 1Mt of cement and clinker in the first half of 2015, up four per cent YoY, according to the statement. "Significant growth in production was achieved at Serebryansk Cement Plant: the enterprise produced almost 650,000t of cement in the first half. Shipments to the construction market in Moscow and Moscow region rose 15 per cent YoY. The plant's share of the Moscow region's cement market rose to nine per cent," BaselCement said. The Achinsk Cement Plant sh... |