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News Belarusian cement producers to switch exports from Ukraine to European Union

Belarusian cement producers to switch exports from Ukraine to European Union

Written by Global Cement staff 27 November 2019
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Belarus: Cement producers plan to switch imports from Ukraine to the European Union (EU). Architecture and Construction Minister Dmitry Mikulenok said that the decision was made due to tariffs in Ukraine, according to the Belarusian Telegraph Agency (BELTA). He said that the industry had moved away from exporting to Russia and that exports from Ukraine stopped in July 2019. He added that exports grew through the Belarusian Universal Commodity Exchange (BUCE) in 2018.

Prime minister Sergei Rumas also noted that the government was watching local cement companies to make sure they were meeting their state support provision terms. He cited falling exports, low production capacity utilisation and market inefficiencies as issues facing the sector. The government has proposed restructuring the debts held by cement companies.

Published in Global Cement News
Tagged under
  • Belarus
  • Government
  • Debts
  • Export
  • European Union
  • Ukraine
  • GCW433

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