Displaying items by tag: Ukraine
Ukraine: Ukrcement, the Ukranian association of cement producers, has urged government agencies to be more effective in preventing sales of packaged cement. A study by Ukrcement with the NGO Union of Ukrainian Consumers has reportedly shown a rise in volumes of counterfeit product at large DIY retail chains.
"Ten samples [of packaged cement] were bought in several DIY supermarkets in Kyiv during the third phase of the project in early 2016. The conclusion is that the situation with counterfeit cement has been worsening. Violations have been revealed in all the chains," said Ukrcement CEO Roman Skylsky. "We insist on toughening oversight over the quality of cement programs and punishment for the sale of counterfeit products."
HeidelbergCement Ukraine appoints Thiede as Board Chairperson
12 January 2016Ukraine: Dnipropetrovsk-based HeidelbergCement Ukraine has appointed Silvio Thiede as the Board Chairperson, effective from 11 January 2016.
Indonesia: ABB, a power and automation technology group, has won an order from Tianjin Cement Industry Design & Research Institute Co. Ltd, a subsidiary of Sinoma Group, for a variable-speed drive solution for a dual pinion ball mill at the PT Semen Bosowa Maros cement plant in Indonesia.
The equipment will be delivered in March 2016 and commissioned in the third quarter of 2016. ABB was selected for that project because the end customer is satisfied with earlier deliveries for the first cement grinding line at the plant, including a gearless mill drive (GMD) and a vertical mill with ABB slip ring motors.
"ABB's solution was favoured for several reasons, not least because of the high level of efficiency offered by the permanent magnet motors used and the absence of a gearbox in the system, which maximises availability and reliability," said Rachid Hamdani, Project Director of PT Semen Bosowa Maros.
This will be the first drive system for a grinding application with permanent magnet motors in this power range. The solution has the highest efficiency among all variable-speed drive systems and will raise productivity at the plant, while minimising electricity consumption.
Ukraine: Dyckerhoff Cement Ukraine has reported a net loss of Euro8136 for 2014, a net revenue of Euro398,695. Compared to 2013, its net loss fell 7.2-fold and its revenue fell 6.6-fold.
Dyckerhoff Cement Ukraine plans to acquire the Volyn Cement plant in Rivne and the YUGcement plant in Mykolaiv. The plants are already part of Dyckerhoff and would be turned into separate divisions in order to increase sales in Ukraine. The planned production capacity of Volyn Cement is 2Mt/yr, while YUGcement produces 1.25Mt/yr of cement.
Dyckerhoff Cement Ukraine's shareholders will also consider the early termination of powers of the current supervisory board and the election of a new one.
Eurocement Ukraine cuts cement production by 22%
20 May 2015Ukraine: Eurocement Ukraine cut its cement production by 21.9% year-on-year to 1.09Mt in 2014. Its sales volumes decreased by 24.7% year-on-year to 1.09Mt, while its sales fell by 19.5% to Euro34.1m. Eurocement Ukraine has reported a loss of Euro11.7m for 2014, having decreased its net revenues by 23.6% to Euro34.3m.
Podilskiy Cement posts Euro121m loss for 2014
06 May 2015Ukraine: Podilskiy Cement has reported a loss of Euro121m for 2014, having upped its net revenue by 12.1% year-on-year to Euro53.8m. In 2013, it reported a loss of Euro4.95m. Podilskiy Cement has six cement kilns with a total capacity of 3.7Mt/yr. It is controlled by Ireland's CRH.
Eurocement-Ukraine reports Euro10m loss in 2014
23 March 2015Ukraine: Balakleya-based Eurocement-Ukraine has reported a loss of Euro10.4m for 2014, following a Euro848,334 loss in 2013.
Podilskiy Cement reports Euro123m loss for 2014
13 March 2015Ukraine: Podilskiy Cement, part of Ireland's CRH, has reported a loss of Euro123m for 2014, following a Euro5.05m loss in 2013. Podilskiy Cement enterprise has six kilns for the production of cement with the total capacity of 3.7Mt/yr.
Mykolaiv Cement appoints Andrii Zvyrynskyi as a board member
25 February 2015Ukraine: Mykolaiv Cement has appointed its commercial director Andrii Zvyrynskyi as a board member. He replaces Ruslan Koliada who occupied the post since September 2013 and has now been dismissed. Zvyrynskyi will hold the position until the recall of his candidacy by the supervisory board or a general stockholders' meeting. Previously he had been the commercial director of Mondy Packaging Behs Ukraine.
Kading to acquire majority of System Cement
02 February 2015Ukraine: Mining company Kading Companies has signed an agreement to acquire 70% of Ukrainian cement producer, System Cement Group (SCG). System Cement owns 100% of SCG, which is located in Vinnitsa, Ukraine. Kading said that its next objective would be to produce consolidated audited financial statements. Terms of the deal were not disclosed.
Kading Companies is focused on mining operations that are producing or can be producing within six months of acquisition. Kading is focused on a global basis, with its initial emphasis in South America, West Africa and now Ukraine.