Oskolcement reports increased cement shipments y/y

Eurocement’s Oskolcement reported shipments of 201 300 t of cement in April 2015, up by 553 t from April 2014. Shipments of bagged cement were up 75.7% y/y.

The plant made particular note of the increase in demand for CEM I 42.5 N, which is known for its frost resistance and strength.

Russia’s economy is expected to shrink by 5% this year and the construction industry is said to be 20 – 25% down, so news of increased cement sales is counter to the trend.

Oskolcement is the largest cement producer in Russia, with production capacity over 4.1 million tpy.

Edited from various sources by Katherine Guenioui

Sources:

• Eurocement
• The Moscow Times
• Oskolcement

Read the article online at: https://www.worldcement.com/europe-cis/18052015/oskolcement-reports-increased-cement-shipments-y-y-858/