Russia: Eurocement Group has reported that it has produced more than 11.5Mt of cement in the first six months of 2013, a year-on-year rise of 5%, in its 16 cement plants in Russia, Ukraine and Uzbekistan. Cement shipments have increased by 7% in the period.
The Russian-based cement producer announced plans to upgrade all of its production facilities to make cement using a dry-process by 2018. Currently only 25% of its plants use the dry process. Eurocement also plans to increase its annual cement production capacity by 4Mt/yr.
According to Russian newspaper Kommersant, half of Russia's regions are not meeting housing construction targets due to a lack of building materials. The country needs more than 20 new cement factories, according the government, but companies are refusing to build new plants due to a lack of potential returns on investment. Eurocement responded to the claims by saying that it is cheaper to modernise existing plants.
