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News CEMARK signs price stabilisation deal with Elementum Energy

CEMARK signs price stabilisation deal with Elementum Energy

Written by Global Ceemnt staff 20 June 2025
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Ukraine: Renewable energy company Elementum Energy and Ukraine-based cement producer CEMARK, part of CRH, signed a one-year financial power purchase agreement to stabilise electricity prices, supplied from the 100MW Dniester Wind Farm to one of CEMARK’s plants.

It is the second such agreement signed by Elementum Energy, following a pilot deal in January 2025. CEMARK energy resources procurement manager Maryna Boyaryntseva said electricity costs are “one of the key components in the cost of cement and require constant attention and the introduction of new tools to influence price formation.”

Elementum Energy said one- to two-year price stabilisation tools are attractive to businesses in wartime, because they allow for a cost forecast and risk reduction without committing to a longer-term contract.

Last modified on 25 June 2025
Published in Global Cement News
Tagged under
  • Ukraine
  • Cemark
  • Price
  • Electricity
  • Contract
  • Wind
  • renewable energy
  • Elementum Energy
  • power purchase agreement
  • Europe
  • GCW715
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