THE LARGEST CEMENT PRODUCER IN RUSSIA HAS HALTED OPERATIONS AT TWO FACTORIES

The holding company “Cemros” has frozen operations at two cement plants in the Belgorod and Ulyanovsk regions, RBC was told by a company representative. According to him, another plant located in the Lipetsk region has been switched to a limited production mode – now only milling and packaging workshops, as well as laboratories, are operating there. The reason for these decisions was a sharp drop in demand for cement due to a decline in housing construction, the source explained to the publication.

Additional pressure on the market is exerted by supplies of cheaper cement from Belarus and Iran. In “Cemros”, it was emphasized that foreign companies are dumping prices below the cost of Russian production, which makes the operation of some sites economically unviable.

According to the holding company’s representative, in the Ulyanovsk region, the situation is complicated by the virtual absence of regional demand for cement, and in the Belgorod region, it has fallen by 13-15% over the year. “Cemros” is the largest cement producer in Russia. According to its own data, it holds a 33% market share and annually produces nearly 21 million tons of products (The Moscow Times).