Displaying items by tag: Russia
Anhui Conch sales up by 35% to US$11.9bn in 2017
23 March 2018China: Anhui Conch’s sales revenue grew by 35% year-on-year to US$11.9bn in 2017 from US$8.85bn in 2016. Its net profit nearly doubled to US$2.51bn from US$1.36bn. The cement producer said that it had, ‘seized the favourable opportunities arising from the state’s further deepening of supply-side structural reform and the promotion of off-peak season production.’
During the year Anhui Conch opened eight cement grinding plants including Quanjiao Conch Cement, Anhui Xuancheng Conch Cement and Nantong Conch Cement. Outside of China the company completed phase two of its Merak grinding plant in Indonesia and started cement production and completed construction of the North Sulawesi Conch plant in Indonesia and the Battambang Conch plant in Cambodia. The units in Indonesia and Cambodia are due to start production in 2018. A new plant, Luang Prabang Conch, is being built in Laos and preliminary work on projects at Volga Conch in Russia, Vientiane in Laos and Mandalay in Myanmar is underway. At the end of 2017 Anhui Conch says it has a clinker and cement production capacity of 246t/yr and 335Mt/yr respectively.
The cement producer also announced that its Baimashan Cement plant was intending to start operating a CO2 collection and purification pilot project in the first half of 2018. The initiative is part of the group’s moves to implement the government’s low-carbon development strategy.
China CAMC Engineering chasing finance for Eurocement plant project
23 February 2018Russia: China CAMC Engineering is seeking international finance for an upgrade to the Zhiguli cement plant. The US$70m project was part of a wider US$175m contract with Eurocement signed in mid-2014 to upgrade three plants, according to Inside International Industrials. The building phase of the project is planned to last 36 months. The other plants in the project are the Pikalevo cement plant and the Savinski cement plant. China CAMC Engineering a subsidiary of China National Machinery Industry Corporation (Sinomach).
AlfiGroup revives cement plant in Dorogobuzh
19 February 2018Russia: AlfiGroup has revived a cement plant in Dorogobuzh, Smolensk region that was closed a decade ago. The relaunch is scheduled for March 2018, according to the Beton Russia news website. The company has spent Euro6.3m on the reopening. The plant will produce up to 0.3Mt/yr of clinker by the third quarter of 2018 and production will be developed until 2020. Around 200 jobs will be created.
Tattsement to complete cement plant in Tatarstan by end of 2018
19 February 2018Russia: Tattsement plans to complete the construction of its new cement plant in the Alabuga special economic zone in the Republic of Tatarstan before the end of 2018. The 0.6Mt/yr unit will produce nanomodified cement, according to Nezavisimy Stroitelny. Drying machines and a mill have been purchased for the project.
Eurocement to spend Euro31m on upgrade to plants in Leningrad region
16 February 2018Russia: Eurocement Group plans to spend Euro31m on upgrade work at two cement plants in the Leningrad region. It will allocate Euro14m towards work at Pikalyovskiy Cement and Euro17m at Peterburgcement, according to the Delovoy Peterburg newspaper. New milling equipment with additional filter will be installed at Pikalyovskiy Cement, and one of the plant’s two mills will be closed. This will allow the enterprise to raise the output of premium cement, decrease its production cost, and reduce emissions. A gas-piston thermal power with a capacity of 24.9MW will be built at the Peterburgcement plant.
Siberian Cement reduced production by 3% to 3.1Mt in 2017
26 January 2018Russia: Siberian Cement reduced its cement production by 3% year-on-year to 3.1Mt 2017. Production at its subsidiary Topkinsky Cement fell by 4% to 2.06Mt and at Krasnoyarsk Cement by 10% to 0.65Mt, according the Kommersant newspaper. Production at its Timluysky cement plant rose by 26% to 0.34Mt. Siberian Cement’s vice-president Gennady Rasskazov forecast that demand for its products will remain similar to 2017 in 2018. However, demand is anticipated to fall in some regions of the Siberian Federal District.
Mechel signs coal deal with Jidong Cement
22 December 2017China/Russia: Mechel has signed a memorandum for coal supply with China’s Jidong Cement. The Russian mining and metals company will supply the Jidong Cement with up to 3Mt of steam coal mined at Elgaugol’s Elga Open Pit and Yakutugol’s Neryungrinsky Open Pit. Prices will be adjusted on a monthly basis following negotiations and on the basis of index rates.
“Jidong Cement is our longstanding and strategic partner in Asia, and we aim to continue our long-term and mutually profitable partnership. Mechel’s mining division has met all its obligations on our prior agreement. Today, Jidong Cement is the chief foreign consumer of Elga’s steam coal,” said Mechel chief executive officer (CEO) Oleg Korzhov.
Eurocement launches packaging and logistics unit at Lipetskcement
20 December 2017Russia: Eurocement’s subsidiary Lipetskcement has launched a new production and logistics unit at its cement plant at Lipetsk. The cement producer has spent around Euro9m on the upgrade that allows the plant to ship up to 10,000t/day of cement. Features of the new unit include an automated weighbridge and lines for road and rail transport with a capacity of 800t/hr and 1600t/hr respectively.
European Commission clears acquisition of Fels-Werke by CRH
01 November 2017Germany: The European Commission has approved the acquisition of Fels-Werke by Ireland’s CRH. Fels-Werke is active in mining, processing and distribution of lime and limestone products, gypsum and mortar in Germany, the Czech Republic and Russia. The commission concluded that the proposed acquisition would raise no competition concerns because there is limited geographic overlap between the companies' activities. It described them as ‘remote’ competitors. Fels’ owners Xella agreed to sell the business to CRH in August 2017 for an undisclosed sum.
New Eurocement plant for Kaliningrad
24 October 2017Russia: Russian construction materials producer Eurocement Group plans to build a cement plant in the Danor industrial area in the exclave of Kaliningrad. The intention is to reduce the region’s dependence on outside supplies, according to a local government statement. The sum of the investment will be calculated in December 2017.