Tag CIS Countries

All property of Russia’s Novorosscement company seized

Verkhnebakansky cement

January 2026, the Arbitration Court of the Krasnodar Territory in Russia arrested the shares of Verkhnebakansky Cement Plant (photo credit FLSmidth) and Novoroscement, both of which belong to Actual Investments JSC. The company, which is associated with businessman Lev Kvetnoy,…

Russia’s CEMROS mothballed plants due to low demand

Cemross MordovCement1

CEMROS, Russia’s largest cement producer, announced to rebalance production capacity and redistribute output volumes among the company’s facilities and mothball certain facilities, due to the declining domestic cement demand. The company is operating 18 cement production plants with a capacity…

Azerbaijan’s Norm Cement increased clinker capacity

NormCement1

Azerbaijan’s “Norm” OJSC, which is a part of NEQSOL Holding, has successfully completed a major project to expand the clinker production capacity of the Norm Cement plant in South Caucasus. As a result, the plant’s annual clinker capacity has increased…