Displaying items by tag: Siberian Cement

Russia: Siberian Cement Holding Company (SibCem) subsidiary Iskitimcement produced 454,000t of cement in the first half of 2020, up by 7.8% year-on-year from 421,000t in the first half of 2019. Cement shipments over the period were 447,000t, up by 7% from 418,000t.

Iskitimcement said that its CEM-I Ordinary Portland Cement (OPC) was its most in-demand product, constituting 53% of total production at 243,000t. Its new CEM-II Portland slag cement, launched on 28 April 2020, achieved production volumes of 4000t (1%). It said that the coronavirus outbreak caused a slowdown in June 2020, resulting in a 7% year-on-year drop in demand compared with June 2019. Managing director Vladimir Skakun said, “The general weakening of economic activity, the fall in oil prices and the exchange rate of the national currency and a decrease in the incomes of Russians are causing concern.”

The company completed the installation of a closed-circuit dynamic separator and bag filter produced by Germany-based Christian Pfeiffer into the Iskitimcement plant’s grinding unit 6 in June 2020. To date, the equipment has produced 114,000t of ultra-fine cement towards an annual target of 480,000t.

Russia: Siberian Cement has reported a 4% year-on-year rise in total cement production across its five integrated cement plants to 2.2Mt in the first half of 2020 from 2.1Mt in the same period in 2019. Angarskcement increased production by 9% to 289,000t from 265,000t, Iskitimcement by 8% to 454,000t from 420,000, Krasnoyarsk Cement by 2% to 295,000t from 289,000t and Topkinsky Cement by 1% to 1.0Mt from 990,000t, while Timlyuycement kept production level at 165,000t. The group shipped 101,000m3 of concrete over the period, down by 21% due to the impacts of the coronavirus lockdown on demand.

Vice president Gennady Rasskazov said, “The first half of 2020 turned out to be a difficult period. In April 2020, which traditionally opens the high construction season in Siberia, construction collapsed and demand fell by 20% from April 2019 levels. We closed this gap on a half-year basis due to increased sales after construction resumed. However, the situation remains difficult, it is almost impossible to predict its development.”

Russia: Siberian Cement’s production increased by 3.0% year-on-year to 3.2Mt in 2019 from 3.1Mt in 2018. The company estimated that demand over the period in Siberia, Buryatia and the Trans-Baikal region grew by 4.4% year-on-year to 5.3Mt/yr from below 5.1Mt/yr in 2018. Siberian Cement owner Sibtsem Holding Company’s first vice president Gennady Rasskazov suggested mining and metallurgical projects, the bridging of the River Ob and infrastructure development for the World Youth Hockey Championship 2023 as factors contributing to the rise in demand.

Russia: Siberian Cement has reported a 4% year-on-year rise in its cement volumes in the nine months to 30 September 2019 to 2.6Mt from 2.5Mt in the corresponding three quarters of 2018. Of its three production lines, output fell at its Krasnoyarsk Cement and Volna plants by 9% and 14% respectively. 324,000t of cement was produced at its Timlyuisk cement plant over the period, a 21% increase on the 2018 figure of 268,000t.

Russia: After two years of transporting its product by land only, Siberian Cement has reported a busy summer shipping window in 2019. In the two months to the end of August 2019, it shipped 15,500t of cement to Novy Port on the Gulf of Ob, Arctic Ocean. The company has announced its intent to move 17,000t in 2020 and 13,000t in 2021 by means of it 1000t-capacity barges.

Russia: Siberian Cement is spending around Euro4m on upgrading the automated process control system (APCS) at its cement plants. The project, which is about half way along, is scheduled for completion in 2023.

Russia: The Federal Antimonopoly Service (FAS) has approved a merger of Pereval Pit and Angarsk Cement with Optic Holding. Siberian Cement will gain a 99.9% stake in Optic Holding following the deal, according to the AK&M Agency. The application to FAS was made in mid-October 2018. Angarsk Cement is part of Siberian Cement group.

Russia: 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.

Russia: The Federal Antimonopoly Service (FAS) has approved Siberian Cement Holding Company (SibCem) to acquire executive body rights in Angarskcement and Iskitimcement. In the case of the transactions, the charter capital structure of Angarskcement and Iskitimcement will not change, the companies will sign management contracts, according to the Kommersant newspaper. Sibcem holds a 49.9% stake in Iskitimcement, via Topkinsky Cement, and a 43.33% stake in Angarskcement.

Russia: Topkinsky Cement, a part of Siberian Cement, has received the Federal Antimonopoly Service's (FAS) permission to purchase a 24.92% voting stake in Iskitimtsement. Siberian Cement's stake will therefore grow to 49.899%. In February 2013 the FAS blocked Sibirsky Cement from acquiring a 90% stake of Iskitimtsement's voting shares.

Iskitimtsement posted a revenue of Euro85m and a net profit of Euro11m in 2013 compared to a revenue of Euro77m and a net profit of Euro16m in 2012. The cement plant holds 17% of the Siberian Federal District's cement market.