Displaying items by tag: Siberia

Russia: Sibirsky Cement’s cement production fell by 11% year-on-year to 1.4Mt in the first half of 2017. Particular declines were registered at its Topkinsky Cement and Timlyuysky Cement plants. The cement producer has blamed falling production on the poor economic situation in the region. Cement consumption in the Siberian federal district fell by 10% to 1.9Mt in the five months to 31 May 2017. The majority of this cement is used for residential construction.

Russia: Sibirsky Cement expects that demand for cement in Siberia will fall by 8 – 10% to 4.7 - 4.8Mt in 2017. The cement producer said that its output decreased by 22% to 2.15Mt from its Kemerovo Region-based Topkinsky Cement, by 3% to 0.75Mt from its Krasnoyarsky Cement plant and by 10% to 0.27Mt from its Timlyuisky cement plant, according to the Prime Tass news agency. Overall its cement production fell by 17% year-on-year to 3.17Mt in 2016. It has blamed falling production on an overall decline in Russia’s cement market.