Sudan-based Atbara Cement Company taken off US sanctions list

The US Office of Foreign Assets Control (OFAC) has removed Sudan-based Atbara Cement Company from its specially designated national (SDN) list of sanctions targets in the 9 March 2016 update bulletin. Sudan has been under US sanctions since 1997, with factories being restricted in imports and exports, particularly in terms of spare parts and technologies.

March 14, 2016 Read time: 1 min

Quarry Products

Metso Outotec increases sales in Q1 but highlights increased uncertainty due to Ukraine crisis

Metso Outotec grew its sales by 26% to €1,164 million in Q1 2022 while increasing its received orders by 29% to €1,424 million in the same period.
Further good news for the Finnish quarrying and mining plant giant came via operating profits rising in the quarter to €139 million. The company's Adjusted EBITA rose to €157 million, or 13.5% of sales.

Valery Bodrenkov, Sibcem’s first vice president, is optimistic about the long-term health of Russian building materials demand

February 24, 2021

Ambitious Sibcem eyes growth despite COVID-19

January 9, 2015

Russian aggregates market nears crisis

Kamennogorsky plant of aggregates, Russia

January 7, 2015

Russian aggregates market nears crisis

The Russian aggregates industry is on the verge of a serious crisis due to sanctions imposed by the West following Russia’s military intervention in Ukraine. Eugene Gerden reports.
The trade sanctions imposed on Russia are biting hard.

May 22, 2018

Ethiopia’s challenging cement market