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News Estonia

Displaying items by tag: Estonia

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Estonian cement production falls by 31% year-on-year in first half of 2020

28 August 2020

Estonia: Cement producers achieved a total output of 129,000t of cement in the first half of 2020, down by 31% year on year from 187,000t in the first half of 2019. Eesti Statistika has reported that the sharpest decline was in June 2020, by 41% year-on-year to 25,800t from 43,700t. Estonian clinker production ended on 27 March 2020 with the closure of Kunda Nordic Cement’s 0.8Mt/yr integrated Kunda cement plant in Lääne-Viru County.

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Eurocement’s exports rise fast so far in 2020

06 August 2020

Russia: Eurocement Group’s exports rose by 67% year-on-year to 0.33Mt in the first seven months of 2020 from 0.20Mt in the same period in 2019. Deliveries to the Belarus, Finland, Latvia, Estonia and Kazakhstan have grown significantly. The group says it managed this despite coronavirus-related lockdowns with construction project suspensions in many markets.

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Kunda Nordic Tsement to close plant

19 March 2020

Estonia: Germany-based HeidelbergCement’s subsidiary Kunda Nordic Tsement has announced the planned closure of its 0.8Mt/yr integrated Kunda plant in Kunda, Lääne-Viru County in March 2020. Business World Magazine has reported the plant closure will result in 80 redundancies. The company has stated the reason for the closure as being that the plant’s equipment, which produces cement by the wet method, is economically unviable due to its CO2 intensity.

The price of EU Emissions Trading System (ETS) emissions permits fell to Euro15.24/t of CO2 on 18 March 2020, down by 30% from Euro21.71/t on 18 March 2020.

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Cemex sells assets in the Baltics and Nordic countries

21 February 2019

Europe: Cemex has signed a deal to sell its assets in the Baltic and Nordic countries to Germany’s Schwenk for Euro340m. The transaction is expected to complete within the first quarter of 2019, subject to regulatory approval.

The Baltic assets being divested consist of one 1.7Mt/yr integrated cement plant in Broceni, Latvia, as well as four aggregates quarries, two cement quarries, six ready-mix concrete plants, one marine terminal and one land distribution terminal in that country. The assets divested also include Cemex’s approximate 38% indirect interest in a 1.8Mt/yr cement plant in Akmene in Lithuania. In addition, the exports business to Estonia is also included as part of the divestment.

The Nordic assets being divested consist of three import terminals in Finland, four import terminals in Norway and four import terminals in Sweden.

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EvoQuip enters the Baltic region

25 January 2019

Estonia/Latvia/Lithuania: UK-based EvoQuip has appointed Stokker as the authorised EvoQuip Distributor to cover Estonia, Latvia and Lithuania for the full EvoQuip portfolio of compact crushing and screening equipment. EvoQuip is a brand owned by Terex Corporation.

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Kunda Nordic Tsement to spend Euro2.2m on upgrades

05 June 2018

Estonia: Kunda Nordic Tsement plans to spend Euro2.2m on upgrades to its operations. The investment will be used for emission improvements, updating its plant’s power distribution system, starting to use clinker dust in cement grinding and dredging the port of Kunda, according to the Virumaa Teataja newspaper.

The subsidiary of Germany’s HeidelbergCement increased its output of clinker and cement by 20% and 60% respectively in 2017. Its plant relaunched its second kiln in 2017 but this increased its CO2 emissions. It produced 1081kg of CO2 per ton of clinker compared to the European target of 766kg. The plant operates two wet process kilns but it plans to switch to a dry production process in the future as this would help it reduce its emissions.

HeidelbergCement holds a 75% stake in the company with the rest belonging to Ireland’s CRH.

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Kunda Nordic Tsement announces 30 job redundancies

28 May 2015

Estonia: HeidelbergCement's Kunda Nordic Tsement has reduced its output and made 30 employees redundant, citing a decline in clinker exports to Russia. CEO Meelis Einstein said that the need to cut expenditures has had a negative impact on suppliers of support services to Kunda Nordic Tsement.

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