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News Krasnoselskstroymaterialy plans US$100m plant upgrade with Chinese partners

Krasnoselskstroymaterialy plans US$100m plant upgrade with Chinese partners

Written by Global Cement staff 18 August 2025
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Belarus: Krasnoselskstroymaterialy is preparing a US$100m modernisation project at one of its cement plants and is seeking investment from Chinese companies. CEO Alexander Golda said “A large cement plant modernisation project is currently at its pre-investment stage. We are actively working with Chinese partners, and representatives of several large companies have already visited us with proposals.” He added that work will continue through 2025 ‘and the following years’ before a final decision is made.

The company reduced its net loss by 45% year-on-year to US$9.50m in 2024, while sales grew by 21% to US$139m.

Last modified on 20 August 2025
Published in Global Cement News
Tagged under
  • Belarus
  • Krasnoselskstroymaterialy
  • Upgrade
  • Investment
  • China
  • Europe
  • GCW723
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