Cement News tagged under: Russia
FLSmidth affirms 2012 outlook15 May 2012, Published under Cement NewsFLSmidth has affirmed its outlook for full-year 2012 as a strong order intake in 1Q confirms growth expectations and positive outlook. For the first three months of 2012, FLSmidth’s order intake increased 29% to DKK6421m and revenue increased 17% to DKK5145m. EBITDA rose 10% to DKK 469m. The profit for the period increased 39% to DKK 241m In terms of its cement division, the company said 1Q12 saw a very strong order intake of DKK 1,415m representing an increase of 169% compared to 1Q1... |
Pikalyovsky Cement reports stable production in 4M12, Russia11 May 2012, Published under Cement NewsRussia-based producer, Pikalyovsky Cement (part of the Eurocement Group) has reported stable production results for the first four months of 2012. The company, which holds a leading position in the North-West Federal District, produced more than 464,000t of cement in the January-April 2012 period, up 1.1 per cent compared to the same period of last year. Clinker production amounted to 481,600t, representing a 9.5% YoY increase. |
Eurocement places order with KHD for new plant, Russia01 May 2012, Published under Cement NewsLeading Russian cement producer Eurocement has placed an order for more than €80m with KHD for a new cement plant to be built in Stavropol, Russia. The contract between Stavropolsky Zavod Stroitelnih Materialov, a member of the Eurocement group, and ZAB Zementanlagenbau GmbH Dessau, a subsidiary of KHD Humboldt Wedag International AG, is for a new cement plant with an output of 1.3Mta. KHD’s scope will cover the EP supply of production equipment, starting from raw material crushing all th... |
Eurocement increases stake in Holcim, Switzerland12 April 2012, Published under Cement NewsRussia's largest cement maker Eurocement has increased its stake in Holcim to 10.8 per cent, newspaper Handelszeitung reports in article to be published Thursday. Eurocement's owner, Filaret Galchev-Kaltsidis, has spent CHF100m (US$109m) to raise its holding from 10.1 per cent, the paper reports. "Our position in Holcim is now about 35 million shares, or 10.8 per cent. We have taken advantage of the low share prices for the purchase," Thierry Sauvaire, chief executive of Eurocement Holdi... |
Dyckerhoff may revive Russian cement plans28 March 2012, Published under Cement NewsDyckerhoff is currently examining options to revive plans for the construction of a cement factory in Akbulak, German newspaper Boersen-Zietung reports. According to the daily, plans for the new plant have been frozen for the past few years. Last year, the company boosted Russian cement deliveries by 33.7 per cent to 2.43Mt and prices by 6.6 per cent. This year, the company expects the overall Russian market to advance by 10.5 per cent as housing and infrastructure continues to drive dema... |
Sibirsky to pay out EUR4m on failed Set deal, Russia15 March 2012, Published under Cement NewsSibirsky Cement has paid out over EUR4m to the London branch of Netherlands-based ING Bank NV regarding a failed deal between the Russian producer and Italcementi for Turkish assets, according to local press reports. In 2008, Sibirsky concluded an agreement with ING Bank to organize the purchase financing of the Italcementi Set Group of Turkey which is a subisidiary of Ciments Francais (which, in turn is a unit of Italcementi). The deal was not completed and the bank demanded compensation... |
Pikalevskiy Cement surpasses production target, Russia15 March 2012, Published under Cement NewsRussian cement producer, Pikalevskiy Cement, part of the Eurocement group, produced 86,710t of cement in February – 0.5 per cent above its target. Meanwhile, cement shipments for the month totalled 88,915t, 2.7 per cent above the target plan. |
Belgrod Cement increases shipments, Russia14 March 2012, Published under Cement NewsRussia-based producer Belgrod Cement, part of the Eurocement Group, increased shipments by more than 30 per cent YoY in the first two months of 2012. Cement and clinker production increased by more than 60,000t compared to the same period of 2011. Furthermore, its bagged shipments increased seven-fold. In terms of energy efficiency, savings per ton of cement from the beginning of this year amounted to 13.5kWh, SKRIN News reported. |
Nevyanskiy Tsementnik monthly production beats target, Russia07 March 2012, Published under Cement NewsNevyanskiy Tsementnik, which operates in the Sverdlovsk of Russia, produced 72,747t of cement in February 2011, exceeding the company’s plan by seven per cent. Clinker output, meanwhile, totalled 80,087t, representing a YoY increase of 3.8 per cent). Nevyanskiy Tsementnik is part of the Eurocement Group. |
RTsK eyes stake in Iskitimcement, Russia01 March 2012, Published under Cement NewsRussian Cement Company, a joint venture of Sibtsem Holding and Rostekhnologii State Corporation, has reached agreements in principle for the acquisition of a 63% stake in Iskitimcement with RATM-Holding. An application will soon be submitted to Russia's antimonopoly service. At present, auditors hired by RTsK and RATM-Holding are near to complete the audit of Iskitimcement. According to the sources from RTsK and RATM-Holding, the company is in a satisfactory financial position. Source: S... |