Business news from Ukraine

Business news from Ukraine

Companies of Ukrcement Association increased production by 46.3%

29 May , 2024  

In January-March 2024, companies belonging to the Ukrcement association increased cement production by 46.3% compared to the same period in 2023, up to 1 million 477.9 thousand tons of cement, the Ukrcement press service reports.

According to the association, the figure for January-March this year almost reached the same period in pre-war 2021, when the volume of cement produced amounted to 1.56 million tons.

At the same time, clinker production in the first quarter of 2024 decreased by 8.5% compared to the first quarter of last year and amounted to 878.5 thousand tons.

As reported, in 2023, the total volume of cement produced in Ukraine increased by 37% compared to the previous year and amounted to 7.4 million tons.

The Ukrcement Association was established in January 2004 through the reorganization of the Ukrainian Concern of Enterprises and Organizations of the Cement Industry Ukrcement. The Association comprises five groups of companies including nine cement enterprises.