20 December 2016
Nepal: The value of clinker imported from India into Nepal has risen by 674% year-on-year to US$60.5m in the first four months of the local financial year that started on 16 July 2016 from US$7.8m from the same period in the previous year, according to the Trade and Export Promotion Centre. Dhruba Raj Thapa, president of Cement Manufacturers Association of Nepal, in comments to the Himalayan Times attributed the surge to a lack of raw materials, including limestone, which has forced producers to import clinker from India. He added that government restrictions on opening new mines have restricted the local industry's ability to produce its own clinker.
China Resources Cement enters into strategic agreement with BBMG 20 December 2016
China: China Resources Cement and BBMG Corporation have entered into a strategic co-operation agreement. According to the agreement the companies shall jointly explore Chinese and overseas markets and promote technology for the industry. Both parties intend to create a 'market communications mechanism' to share information on the market, production and technology. China Resources Cement previously signed a similar agreement with Anhui Conch in July 2016, although that agreement subsequently fell apart.
CBMI wins contract to build grinding plant for Cimencam 20 December 2016
Cameroon: CBMI has signed a contract with LafargeHolcim to build a 0.5Mt/yr cement grinding plant in Yaoundé. The project will be built for Cimencam, LafargeHolcim's joint venture in the country. No value for the deal was disclosed.
The scope of the project covers clinker feeding to cement packing and shipping. The contract will come into force after being signed, receiving of guarantees and CBMI’s receiving advance payments. Contract periods are 18 months after contracts coming into force to complete industrial tests, and 19 months to commissioning.
It follows the announcement in mid-December 2016 of grinding plant projects in Uganda and Kenya.