Displaying items by tag: Belarusian Cement Corporation

Belarus: The government has extended Belarusian Cement Company's exemption from paying customs duties and value added tax (VAT) on its goods imports until 31 December 2023. PrimePress News has reported that the cement producer had previously been exempt from payments up until 30 September 2022.

Belarus: Belarusian Cement Company (BCC) sold 1.85Mt of cement over the first five months of 2020, up by 12% year-on-year from 1.65Mt in the corresponding period of 2019. The Belarusian Architecture and Construction Ministry has reported that, of BCC’s three subsidiaries, Krichevtsementnoshifer recorded the largest sales growth in the period, of 9.6% to 465,000t. Belarusian Cement Mill sold 657,000t, up by 3.6%, including 249,000t to Russia, and Krasnoselskstroymaterialy sold 568,000t, up by 0.2%.

Belarus: President Alyaksandr Lukashenka has approved the creation a new cement company, the Belarusian Cement Corporation. The new holding company is expected to control three cement manufacturers: Belarusian Cement Plant in Kastsyukovichy, Mahilyow region, Krasnaselskbudmateryyaly in Vawkavysk, Hrodna region, and Krychawtsementnashyfer in the Mahilyow region, as well as a transport and logistics company.

The Belarusian Cement Corporation is to be established in 2014 and attract a strategic investor in 2015. The establishment of the corporation is intended to decrease production costs, increase profits and raise exports. After project capacity is achieved in 2015, the company will have a cement production capacity of 9.5Mt/yr.