Displaying items by tag: Eurocement
Eurocement Ukraine back in the black in 2012
26 March 2013Ukraine: According to preliminary data Eurocement Ukraine finished 2012 with a net profit of Euro3.58m. The company, part of Russia's Eurocement Holding, finished 2011 with losses of Euro4.4m. As of late 2012, the assets of Eurocement Ukraine came to Euro92.1m with current liabilities of Euro23.9m.
Eurocement completes 3Mt/yr Podgorensky cement plant
13 March 2013Russia: Eurocement has announced the completion of its 3Mt/yr Podgorensky cement plant in the Voronezh Region. The Russian cement producer invested Euro424m in the project that it expects to make back within 12 years. Construction took three years with completion in December 2012. The plant has generated 1000 jobs for local residents. Equipment for the plant was supplied by FLSmidth.
Commissioning and start-up work has been conducted on the plant's production facilities since the start of 2013. When the Podgorensky cement plant reaches its full operational capacity, the portion of Eurocement Group's total cement output produced by dry production will increase from 13% to 25%.
Eurocement forecasts 10% rise in Russian cement consumption in 2013
05 December 2012Russia: Eurocement Group expects cement product consumption to grow by 12% in Russia in 2012 and by 8% - 10% in 2013, according to its president Mikhail Skorokhod.
"We expect cement product consumption to reach 64Mt this year, compared to 56Mt in 2011. There will be growth of over 12%. This is very significant growth and all construction complex needs in Russia are covered by high quality cement from Russian manufacturers," he said. The forecast for the rise in cement consumption in 2013 is 8%-10%, to around 70Mt, this highest output in the post-Soviet period, according to Skorokhod. The production capacity of cement plants in Russia has grown by around 20Mt/yr since 2009.
Skorokhod estimated that the rise in cement prices over the 'past few years' was comparable to the rise in the cost of natural monopoly services and tariffs, from 7% to 15% per year. He predicted that the price of cement would also fall by this range as new capacity comes on line.
Eurocement announced its plans to invest US$388m in a 1.3Mt/yr plant Sverdlovsk plant on 3 December 2012. The Russian construction materials group has 16 cement plants in Russia, Ukraine and Uzbekistan with a combined production capacity of 39.2Mt/yr of cement.
Eurocement to invest US$388m in Sverdlovsk plant
03 December 2012Russia: Eurocement Group plans to invest around US$388m towards building a 1.3Mt/yr plant in the Sverdlovsk Region, according to the region's government. The project at the Nevyansky Tsementnik plant is expected to be finished by 2015. It will create around 1000 jobs for the construction and around 400 jobs for the operation of the line. Eurocement will invest its own and borrowed funds into the construction.
Eurocement announce US$480m plant in Stavropol
24 September 2012Russia: Eurocement has announced that it will build a US$480m cement plant in the Stavropol region of Russia with a production capacity of 1.3Mt/yr. Construction will take place in the Spasskoe village of Blagodarnenskiy District.
The new plant will cover an area of 40 hectares and will produce 3500t/day of clinker. Its power consumption will be 35MW, its electrical consumption will be 105kWh/t of cement, its gas consumption will be 103Mm3/yr and restrictions of dust emissions will be 20mg/Nm3. The plant will have a staff of 400 people, with the potential to create 1000 additional jobs. The project will be implemented under a public-private partnership and has been submitted to the prime minister of the Russian Federation Dmitry Medvedev. The plant is expected to be completed by 2015.
"The objective of Eurocement is to reduce the cost of cement production whilst maintaining compliance with the highest standards of product quality and conformity of production of the world's environmental requirements," said Eurocement president Mikhail Skorokhod.
New CEO appointed at Zhigulevskie Stroymaterialy
22 August 2012Russia: Nikolay Skornyakov has been appointed chief executive officer of Zhigulevskie Stroymaterialy plant, part of the Eurocement Group. Previously, Skornyakov was the technical director of the cement plant located in Zhigulewsk in Samara.
Skornyakov was born in 1950 in Ulyanovsk. In 1980 he graduated from the Belgorod State Technological Institute of Construction Materials focusing on chemical technology binders. He has since worked in the cement industry for about 40 years, starting at a plant in Ulyanovsk in 1969 as an electrician. In 2001 he was appointed technical director of the Ulyanovsk plant subsequently becoming first deputy chief executive officer.
In 2005 Skornyakov became chief executive officer of the Pikalevskiy plant. In 2006 he became the deputy chief executive office – technical director of the Mikhailovcement plant in the Ryazan region. Since 2009 Skornyakov has been the deputy chief executive officer - technical director of the Zhigulevskie Stroymaterialy plant.
New Eurocement contact for KHD
02 May 2012Russia: The leading Russian cement producer Eurocement has placed an order worth more than Euro80m 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 annual output of 1.3Mt/yr.
KHD's scope will cover the supply of production equipment, starting from raw material crushing all the way up to cement loading and packing. KHD will also supply automation and control equipment for the new production line. In addition, the companies concluded a separate contract for erection and commissioning supervision services, which is part of the total order volume.
The project will be booked as order intake immediately upon receipt of a down payment.
Eurocement’s Voronezh plant on track for July 2012
25 April 2012Russia: Alexei Gordeev, governor of the Voronezh Region, has met with Mikhail Skorokhod, president of Eurocement, to discuss the ongoing construction of a new plant.
Skorokhod noted during the meeting that construction of the plant was in its final stage, with an expected completion date of construction in May 2012. The plant will have a clinker capacity of 6000t/day (2Mt/yr) and occupy an area of 33.4 hectares. By July 2012 the company expects production of the first tonne of cement. By August 2012 landscaping will be completed. In 2012 the new plant is expected to produce 0.5Mt, with full capacity met by 2014.
Gordeev and Skorokhod also discussed development of local transport infrastructure, including the reconstruction of the railway station. Eurocement offered to fund design works for the construction of an overpass and an adjacent road whilst the governor raised the possibility of including the cost of improving transport infrastructure in the region in the regional budget.
Ukraine: The supervisory board of Eurocement Ukraine has appointed Vitalii Horholiuk to the post of acting director-general. The board dismissed the application of the deputy director-general and director of engineering Ihor Nikolaenko. Nikolaenko has occupied these positions since June 2010. Former Eurocement Ukraine director-general Demis Galchev was relieved from the position on 31 January 2012. Since that time the post has been vacant.
Eurocement plans plant in Samara
20 January 2012Russia: Eurocement Group has announced plans to build a cement plant in the Samara Region in the Volga region. The groundbreaking ceremony took place on 19 January 2011.
The plant, which will have a dry-process kiln, will have a capacity of 2.4Mt/year. The facility will be located on a site of 40 hectares and its launch is scheduled for 2015. Eurocement plans to invest Euro395m in the project.
The announcement follows the start of another Eurocement plant in Spasskoe village, Blagodarnniy district, Stavropol Krai. Construction of this 1.3Mt/yr plant began in December 2011. Euro346m has been committed to this build.