Global Cement News
Search Cement News
Solids Dortmund postponed to 16 – 17 February 2022 26 March 2021
Germany: Events producer Easyfairs has announced the postponement of Solids Dortmund to 16 – 17 February 2022 from June 2021. The company said that all Solids Dortmund tickets and free codes for June 2022 remain valid for the new dates. It added that it plans to launch Solids on Tour, consisting of new Solids RegioDays in Chemnitz, Saxony, and Karlsruhe, Baden-Württemberg. It will also use virtual formats to help networking and business in bulk handling throughout 2021.
Dominican Republic: Domicem, a subsidiary of Italy’s Colacem, has begun work on a second line at its Sabana Grande de Palenque cement plant in San Cristóbal province. Ansa News has reported the cost of the project as US$120m. When commissioned in late 2022, the line will produce cement for export.
Dangote Cement grows sales and earnings in 2020 25 March 2021
Nigeria: Dangote Cement has recorded sales of US$2.52bn in 2020, up by 16% year-on-year from US$2.18bn in 2019. Earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 21% to US$1.17bn from US$965m. Total cement sales volumes rose by 8% to 25.7Mt from 23.7Mt and Nigerian cement sales rose by 13% to 15.9Mt from 14.1Mt. Highlights for the year included the start of clinker exports from the Apapa terminal and the commissioning of the Onne cement terminal in Nigeria. The group also commissioned a gas power plant in Tanzania.
Chief executive officer Michel Puchercos said, “Despite the impact of the Covid-19 pandemic, 2020 was a record year for Dangote Cement across the board. Several firsts made 2020 a productive year such as our maiden clinker shipment, maiden bond issuance and successful buyback programme. We increased our capacity by 3Mt/yr in Nigeria, commissioned our two export terminals and commissioned our gas power plant in Tanzania. All this was achieved whilst we focused on protecting our people, customers, and communities from the impact of the pandemic.”
Shanshui Cement increases profit as sales fall in 2020 25 March 2021
China: Shanshui Cement’s consolidated profit attributable to shareholders increased by 7% year-on-year to US$488m in 2020. Its operating revenues fell by 3% year-on-year to US$3.19bn. ET Net News has reported that the company will not distribute dividends.
India: Dalmia Bharat subsidiary Dalmia Cement has commenced commercial production of cement at the new 2.3Mt/yr production line of its Bengal Cement Works cement plant in Midnapore, West Bengal. The new line brings the plant’s total capacity to 4Mt/yr.
Chief operating officer Ujjwal Batria said, “To ensure that demand is met in a sustainable manner, we have deployed the latest machinery and technology at our Bengal Cement Works unit and will be aiming to produce 100% blended cement. This step is also in line with our commitment to become carbon negative by 2040.” He added, “Post the lockdown-led demand disruption, the cement sector has been continuously witnessing buoyancy across the country. This is largely led by revival in demand from the infrastructure and urban housing sectors, along with the demand from individual homebuilders and the government's rural housing schemes especially from east and central regions. Hence, the onset of commercial production at the Bengal Cement Works unit will enhance our ability to contribute towards nation building and Atmanirbhar Bharat, while also catering to the growing demand from the eastern and north-eastern states of the country.”