Displaying items by tag: Holding Company
President approves cement plant merger
11 July 2014Belarus: The president of Belarus, Alexander Lukashenko, has approved the merger of the country's cement plants into a holding company under the name Belarusian Cement Plant. It will include Krasnoselskstroymaterialy, Krichevtsementnoshifer and Belarusian Cement Plant. The holding company will mainly focus on export growth, as Belarus' cement output capacity is currently more than double the domestic demand. Belarusian cement plants manufactured 5.05Mt of cement in 2013, up by 3.1% year-on-year. Belarus exported 1.37Mt of cement in 2013, up by 36.5% year-on-year.
Published in
Global Cement News