Displaying items by tag: Belarus

Belarus: The Architecture and Construction Ministry has supported the country’s use of a commodity exchange to sell cement. Deputy Architecture and Construction Minister Alexander Sidorov said that his ministry was prepared to support an increase in supply to the exchange if demand allowed, according to the Belarusian Telegraph Agency (BelTA). It was previously announced that the country was planning to make 0.2Mt/yr of 10% of the country’s cement exports available to purchase via the Belarusian Universal Commodity Exchange (BUCE) from the start of 2019.

Belarus: 0.2Mt/yr or 10% of Belarus’ cement exports will be available for purchase via the Belarusian Universal Commodity Exchange (BUCE) from the start of 2019. The country hopes to increase its range of target markets as much as possible by using the commodity exchange, according to the Belarusian Telegraph Agency (BelTA). Local cement companies hope to increase sales via the commodity exchange if it is a success

A test batch of cement was sold via BUCE in September 2018. Six buyers from Russia, Ukraine and the Baltic states took part in the trading session and submitted bids for buying a total of 4000t of Ordinary Portland Cement. The trading session lasted for slightly more than one hour. A Lithuanian company bought 256t of cement as a result.

Belarus/Russia: The Belarusian Architecture and Construction Ministry says that the trade turnover of the Belarusian-Russian cement market reached up to US$400m between 2014 and 2018. Following the signing of a bilateral agreement in 2014 Belarusian cement was allowed to be sold in Russia via Eurocement Group, according to the Belarusian Telegraph Agency (BelTA). Belarusian Architecture and Construction Minister Anatoly Cherny and Eurocement Group President Mikhail Skorokhod met in early August 2018 to discuss performance in the first half of 2018.

Belarus: The government is in talks with Ireland’s CRH to sell Krasnoselskstroymaterialy. Anatoly Kalinin, the Deputy Prime Minister of Belarus, told the Belarusian Telegraph Agency that the government wants US$200 for the state-owned cement producer but that CRH wants to pay less or buy a share of the business. Negotiations are on going.

Belarus: A worker has been killed in an accident at the Krasnaselskbudmateryyaly cement plant in Vawkavysk. The 32 year old contractor was cleaning a heat exchanger in a storage facility when a layer of cement fell on him and a co-worker, according to the Belarusian Private News Agency. The man died at the scene from asphyxia. His colleague was taken to hospital with injuries. An investigation into the incident has started.

Belarus: The Belarusian Cement Company increased its exports of cement by 42.6% year-on-year to 1.4Mt/yr in 2017. The exported cement had a value of US$682.m, according to the Belarusian Telegraph Agency. The company has attributed the rise on an efficiency drive that it says has reduced the cost of production by 50%. The company mainly exports to the Commonwealth of Independent States region but it has started selling its product in parts of the European Union, including Poland and Latvia. It plans to increases its exports by 4% in 2018, partly by introducing 35kg bags.