Displaying items by tag: Belarus
Belarus: The Belarusian government has reduced its national plan for the production, consumption and export of cement from 2017 to 2020. The national cement production target has been set at 4.5Mt in 2017, 4.7Mt in 2018, 4.9Mt in 2019 and 5.1Mt in 2010, according to local media. During this period it is anticipated that the country’s cement production capacity will fall to 5.9Mt/yr from 5.4Mt/yr. Exports of cement are forecast to reach 1.6Mt in 2017, 1.7Mt in 2018 and 2019 and 1.8Mt in 2020. Consumption of cement is planned to be 3.3Mt/yr in 2017, 3.4Mt in 2018, 3.5Mt in 2019 and 3.6mt in 2020. The country produces cement from three state-controlled integrated plants.
Belarus: The Belarusian Cement Company and Eurocement Group have signed a contract concerning deliveries of cement in 2017. In line with the agreement the deliveries will satisfy the demand for Belarusian cement on the Russian market. The deliveries in 2017 will be at least as large as in 2016, according to the Belarusian Telegraph Agency. The deal was signed by Eurocement Group President Mikhail Skorokhod, Director General of Belarusian Cement Plant Igor Lozhechnikov and Director General of Krichevcementnoshifer Vladimir Korchevsky.
Belarusian Architecture and Construction Minister Anatoly Cherny said that the Russian market is the key target market for Belarusian cement producers. He added that despite falling demand in Russia that the share of Belarusian cement on Russian Federation markets would grow larger.
Russia: Filaret Galchev, the owner of Eurocement, expects that demand for cement in Russia will fall by 8% - 10% in 2016 after falling 12% in 2015. The cement producer will sell about 20Mt of cement in Russia and about 3.5Mt in other regions including Uzbekistan and Ukraine in 2016. He added that average production costs at the group will produce cement at around US$25/t.
In an interview with Rossiya 24 television reported upon by Interfax, Galchev also described Eurocement’s sale of its 6.1% stake in LafargeHolcim in February 2016 as ‘unexpected’. The Russian cement producer sold its share in LafargeHolcim after they lost nearly half of their value in six months.
"No, I did not expect it. We analysed the situation for a long time, but that is the decision that was made," said Galchev. He added that he had no issues with Sberbank, the Russian bank that restructured Eurocement’s debt after the sale of the shares in LafargeHolcim.
Originally Eurocement was a shareholder in Holcim and it received a stake in LafargeHolcim after that company was formed in a merger. The stake was subsequently transferred to Sberbank of Russia in January 2016 after the shares, which Galchev had acquired with financing from Bank of America, lost over 40% of their value in half a year. At the beginning of February 2016, Sberbank sold the 6.12% LafargeHolcim stake to investors from the UK, Switzerland, the US and other countries.
Belarus: The Belarusian civil engineering company ZAO Belzarubezhstroy has opened a cement-bonded particleboard plant in Krichev, Mogilev on 5 October 2015. Austria's VST Building Technologies was a partner of Belzarubezhstroy and an investor in the project.
The new plant uses the premises of the former Krichev meatpacking factory and is located 7km from the Krichev cement mill, where its cement is sourced. Imported equipment was installed. The plant will make cement-bonded particleboards using the process flows developed by VST Building Technologies. The new technology boasts high speed and quality of construction processes, energy-effectiveness and wide geographical deployment.
The Belarusian Architecture and Construction minister Anatoly Cherny stressed that the opening of the plant represents a truly ground-breaking event for the civil engineering industry of the oblast and the country. "With cement-bonded particleboards of our own, we will be able to greatly reduce the cost of residential housing construction. We will be able to build more homes and export more construction materials," said Cherny.
The plant's construction was prompted by the rapid pace of housing and industrial construction in Belarus, as well as the need to find new ways to modernise the civil engineering industry and reduce costs. Belarus has had to import cement-bonded particleboard to make the panels until now. In addition to serving the local market, over 25% of the cement-bonded particleboard produced will be exported to the Commonwealth of Independent States (CIS) and the European Union (EU). The plant's proximity to the Belarusian-Russian border and the two rail lines going in the eastern direction will minimise the costs of exports to Russia.
Belzarubezhstroy director general Vitaly Bondarik said that the project was a historical one for the company. "We hope that the site will become kind of a springboard for advancing joint operations and implementing new construction projects in Belarus and abroad together with our partner, VST Building Technologies AG. We expect a successful future and intend to implement a number of joint projects in Venezuela, Saudi Arabia, Ecuador, Algeria and other countries. The enterprise should become a successful example of a new construction formation in Belarus," said Bondarik.
Belzarubezhstroy used its own resources and foreign investments to build the plant. It will create 200 jobs to reach the designed output capacity of 60,000m3/yr. In the future, the output capacity may be increased up to 100,000m3/yr.
The new plant is the first step of the programme sketched out by the Belarusian and Austrian partners.
Belarus: Belarusian manufacturers are expected to export 1.8Mt of cement in 2015, including 1.3Mt to be supplied to Russia's Eurocement, according to Construction minister Anatol Chorny. Belarus sold 980,000t of cement to Eurocement in 2014. Belarus' cement output is expected to total 6.1Mt in 2015, up from 5.8Mt in 2014.
"This year we have signed an exclusive contract for the supply of 1.3Mt," said Chorny. "The contract is advantageous to Belarus because 50% of the total amount shall be paid in advance and the rest shall be paid within 10 days of the delivery date. If the price of cement in the Russian market is lower than in Belarus, the Russian company will cover the losses. If the price will be higher, the difference will be equally divided." Belarus will also export cement to Russia's Kaliningrad exclave, Poland and Lithuania in 2015.
Belarus' AAT Krychawtsementnashyfer in Krychaw, Mahilyow, operated at a loss in 2013. This was caused by its old production plant, which still uses natural gas to manufacture cement. In contrast, the company's new production facility generated a profit of about Euro676,000 in 2014. To reduce the cost of cement production, Krychawtsementnashyfer installed a cement kiln fuelled by waste tyres in 2014 and plans to start using coal dust as a fuel in 2015, according to Chorny.
Belarus: The Belarusian government will acquire additional stakes in three cement companies in exchange for helping them to repay loans to China's Eximbank. The Council of Ministers has issued a directive that provides for restructuring the overdue debts incurred by Belarusian Cement Plant, Krychawtsementnashyfer and Krasnaselskbudmateryyaly as of 1 October 2014.
The three cement producers will receive the bailout on condition that they meet their profitability of sales targets for 2015 and fulfil their obligations to Eximbank starting 2015. Krasnaselskbudmateryyaly, Belarusian Cement Plant and Krychawtsementnashyfer owe US$34.4m, US$43.7m and US$50.6m to the Chinese bank, respectively, in overdue loan payments.
Belarusian Cement Plant and Krychawtsementnashyfer to hand over government-owned stakes to Belarusian Cement Company15 July 2014
Belarus: The Council of Ministers has ordered Belarusian Cement Plant and Krychawtsementnashyfer to hand over the government-owned stakes to Belarusian Cement Company. The move comes as part of a merger of all of Belarus' cement plans to create a new holding company, Belasrusian Cement Company.
Belarusian Cement Company is to receive 7,723,192 shares from Belarusian Cement Plant and 196,697,461 shares from Krychawtsementnashyfer. Belarusian Cement Company was initially expected to control Belarusian Cement Plant, Krychawtsementnashyfer and AAT Krasnaselskbudmateryyaly. However, it is still unclear whether Krasnaselskbudmateryyaly will join the holding company.
Belarus' president, Alyaksandr Lukashenka, approved the merger, which was proposed by Pyotr Rudnik, head of the Mahilyow Regional Executive Committee. Uladzimir Kisyalyow was appointed as director general of Belarusian Cement Company. Prior to the appointment, Kisyalyow served as first deputy head of the Mahilyow Regional Executive Committee.
Belarus: The president of Belarus, Alexander Lukashenko, has approved the merger of the country's cement plants into a holding company under the name Belarusian Cement Plant. It will include Krasnoselskstroymaterialy, Krichevtsementnoshifer and Belarusian Cement Plant. The holding company will mainly focus on export growth, as Belarus' cement output capacity is currently more than double the domestic demand. Belarusian cement plants manufactured 5.05Mt of cement in 2013, up by 3.1% year-on-year. Belarus exported 1.37Mt of cement in 2013, up by 36.5% year-on-year.
Belarus: Russia's Eurocement Group is ready to invest US$70 – 80m in a project to upgrade cement production facilities in Belarus, according to the minister of Architecture and Construction, Anatoly Chernyi.
"Eurocement offered to help us to switch the cement production plants from the wet process of cement production to the dry process," said Chernyi. Further negotiations will be held between the participants of the project to upgrade the facilities by 2017. The government has already approved the plans. The minister stressed that the wet process of cement production is energy consuming and costly.
The current combined capacity of the Belarusian cement plants is 9.5Mt/yr of cement, of which 5.4Mt is produced by dry kilns.
Belarus/Kazakhstan: Kazakhstan is interested in buying a 'large' batch of Belarus-built wagons for cement transportation, according to Nigmatzhan Isingarin, President of the Association of National Forwarding Agencies of Kazakhstan and the Kazakhstani Association of Freight Carriers and Wagon (Container) Operators. Isingarin met with the Prime Minister of Belarus, Mikhail Myasnikovich, on 31 October 2013. The wagons will be manufactured by the Mogilev railway car building plant.
In addition to negotiating a purchase, Isingarin and Myasnikovich discussed a contract for manufacturing and supplying wagons via international leasing. Isingarin said he was satisfied with the progress in the project's implementation. So far 425 wagons have been delivered.