Displaying items by tag: Cemros

Russia: Cemros has started a US$3m upgrade project on cement mill five at its integrated Katavsky plant near Chelyabinsk. The work will see the introduction of a new closed-loop system with a separator. Following its installation, the mill will have a cement output of 114,000t/yr. The upgrade should also deliver an energy saving of up to 30%. Just under half the funding for the project was supplied in the form of a loan from the government. The upgraded mill is expected to be operational in September 2023.

Russia: Eurocement has changed its name to Cemros. The rebranding exercise followed an internal staff competition to come up with a new name followed by a vote from a shortlist. The new name is intended to invoke the words ‘cement’ and ‘Russia.’ It was suggested by Evgeny Lukanovsky, Alexey Lotarev and Igor Efimov.

Eurocement was acquired by Smikom in 2021 for around US$2.2bn following an auction held by Sberbank.