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Malbaza Cement Company produces first cement in late 2018 04 January 2019
Niger: Industry Minister Malam Zaneidou Amirou says that the Malbaza Cement Company produced the first tonne of cement at its Malbaza plant in late December 2018. The plant has a production capacity of 0.65Mt/yr, according to the Pan African News Agency. It is expected to cover around 80% of domestic demand for cement and reduce imports. The site was a workforce of 347 employees, including 276 Nigeriens.
New cement grinding plants planned for Peru in 2019 04 January 2019
Peru: Three new cement grinding plants are planned to start production in Peru in 2019. Cemento Inka plans to invest US$25m towards opening a 0.6Mt/yr cement grinding plant at Ica near Pisco in late 2019, according to the Gestión newspaper. It also plans to update the kilns at its unit in Cajamarquilla. Mixercon plans to invest US$20m towards building two new cement plants in northern Lima. These new plants should open during the second half of 2019. Mixercon also intends to open at least one more distribution centre in Lima. Cementos Pacasmayo and Cemento Yura also have upgrades planned to their plants in 2019.
Ministry finds irregularities in accounts of Burnpur Cement 04 January 2019
India: A probe by the Ministry of Corporate Affairs (MCA) has found ‘serious’ financial irregularities in the accounts of Burnpur Cement. The regional director of the MCA has recommended an investigation of the company, according to the Business Standard newspaper. The MCA has also recommended that the cement producer be barred from making interest payments without government permissions in the interest of its shareholders. The company was reported as a non-performing asset in 2016 and its repayment schedule to lenders has been monitored in the media. It made a loss of around US$15m in the financial year that ended in March 2018.
Lafarge Cement adds Rapid Set Cement to product range in UK 04 January 2019
UK: Lafarge Cement, part of the Aggregate Industries business, has introduced Rapid Set Cement to its packed product range. It is an Ordinary Portland Cement containing calcium aluminate for rapid hardening. The product is designed for use in screeds and renders to prepare wall and floor surfaces prior to installing most tile types. It’s suitable for dry and wet installations, including swimming pools, and can be pumped for fast application. It is available in 25kg paper bags and is a quality-assured BS EN 197-1 CEM II, cement carrying CE marking.
“This new product follows significant investment over the last 18 months in expanding our portfolio of packed cement products. All of our products are designed to offer a solution to everyday problems faced by the trade. Rapid Set Cement ensures a strong, durable high quality finish in a fraction of the time compared with standard cement,” said Jamie Stratford, National Sales Manager at Lafarge Cement.
Turkey: Nihat Özdemir, the chair of Limak Holding and president of the Turkish Cement Manufacturers’ Association (TÇMB), has reassured the construction industry that the price of cement will not rise too sharply in 2019. He denied that the price would rise by up to 40%, according to the Hürriyet Daily News newspaper. However, he did confirm that prices would increase due to growing input costs and negative foreign currency exchange effects. Özdemir said that electricity costs had risen by 76%, coal by 182% and petroleum coke by 170%.
In late December 2018 the Construction Contractors Confederation (İMKON) complained about an expected 40% price rise in cement products and it called on the government to intervene. The Independent Industrialists’ and Businessmen’s Association (MÜSİAD) has also issued a similar warning.