Displaying items by tag: Government

Zambia: ZCCM-Investment Holding, an investment company owned by the Zambian government, says that it will be the junior partner in a cement plant that it is planning to build in a joint venture with China Machinery Construction Group Limited (SinoConst). ZCCM will hold 35% of the joint venture, Central African Cement, and SinoConst will hold the remaining 65%. The US$680m project was announced in early 2018.

ZCCM also announced that its subsidiary, the Ndola Lime Company, was continuing to be in ‘distress.’ It said that its board was considering its options. The lime producer has reportedly suffered from liquidity problems and low production due to old equipment.

India: FCI Aravali Gypsum and Minerals India Limited (FAGMIL) is preparing to build a 1000t/day white cement plant in Himachal Pradesh. The state-run company, under the control of the Department of Fertilizers, Ministry of Chemicals & Fertilizers, has received a letter of intent from the state government of Himachal Pradesh granting it a mining lease to support building a white cement plant. This will be followed by the signing of a memorandum of understanding between FAGMIL and the state government.

The lease area is 108 hectares and it is located near Nohra Dhar Village, Tehsil Sangrah in the Sirmour District. Limestone from the site will be used to support a white cement plant. A pre-feasibility study has been completed by the National Council for Cement and Building Materials, Ballabgarh in Haryana and further planning activities are in progress.

Ethiopia: Ethiopia has failed to meet its cement export target for the 2017 – 2018 financial year that ended on 7 July 2018. It planned to raise US$42m in revenue from cement exports, according to Cement and Related Industry Research Development Technology Director Simegn Degu, who was quoted by the Ethiopian Herald newspaper. However, its exports only rose by 47% year-on-year to US$25m from US$17m. Degu blamed the shortfall on shortages of input materials and a lack of foreign currency.

China/US: China’s Ministry of Commerce has proposed placing retaliatory tariffs on products from the US, including cement. The list covers 5207 items and proposes adding import taxes of up to 25% on them. It includes clinker, white cement, limestone, quicklime, slaked lime, gypsum, refractory products and cement packaging machinery. The ministry said that the new tariffs will take effect at a date to be announced later on.

Tajikistan: The government has supported a new cement plant project to be built in the Surxondaryo Region. The unit will be financed by private investors, according to Uzbekistan Newsline. Several new cement plants are planned locally including a 2.4Mt/yr integrated project from Russia’s Eurocement Group with an investment of US$220m and two Chinese-backed projects. Xin Lei is planning to build a 1Mt/yr plant for US$108m in the Akhangaran region. Akhangaranshifer also wants to build a 1Mt/yr plant for US$100m.

Canada: The government has made a proposed new carbon tax easier for large-scale industrial emitters such as cement and steel producers. Originally the new legislation proposed imposing a levy on around 30% of a company’s CO₂ emissions from the start of 2018, according to the Globe and Mail newspaper. However, the revision has reduced the tax on so-called vulnerable industries with the cement and steel sectors only having to pay 10%. The levy will start at US$15/t in January 2018, rising to around US$40/t in 2022.

The decision to soften the carbon tax follows lobbying by the affected industries. The tax applies to provinces that do not have existing carbon emission controls, such as cap-and-trade schemes, that meets the central government’s standards. The provincial government of Ontario, which contains six of the country’s 17 integrated cement plants, recently decided to leave its own carbon pricing system. It will be subject to the new rules. Saskatchewan will also be affected.

Belarus/Russia: The Belarusian Architecture and Construction Ministry says that the trade turnover of the Belarusian-Russian cement market reached up to US$400m between 2014 and 2018. Following the signing of a bilateral agreement in 2014 Belarusian cement was allowed to be sold in Russia via Eurocement Group, according to the Belarusian Telegraph Agency (BelTA). Belarusian Architecture and Construction Minister Anatoly Cherny and Eurocement Group President Mikhail Skorokhod met in early August 2018 to discuss performance in the first half of 2018.

Spain: Cemex España has submitted a proposal to the local government to extract a total of 15Mt of limestone from its Can Negret quarry near to its Lloseta cement plant in Majorca. The proposal will run until 2032, according to the Ultima Hora newspaper. The company was previously granted a concession at the quarry in 1982.

India: The Industries Department of Himachal Pradesh is preparing to allow construction work to start at a new cement plant at Sikridhar in the Chamba district in September 2018. The project is a long running scheme from the local government that was first mooted in 2002, according to the Times of India newspaper. The project has been linked to various companies previously including Jaiprakash Associates.

China: Anhui Conch says it has resumed production at three production lines at the cement plant run by its Tongling Conch subsidiary at Gusheng in Anhui province. In late July 2018, Tongling Conch received a written notification from the Tongling Environmental Protection Bureau requesting the ‘immediate’ resumption of operation of Tongling Conch’s waste incineration and ancillary systems for treatment of domestic waste of Tongling City. The suspension of production at the cement plant followed the temporary closure of a pier used by the plant in late May 2018 in accordance with new government regulations on drinking water supply and pollution.