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News 31 August 2022

31 August 2022

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CNBM’s cement sales hit by lockdowns and real estate woes in first half of 2022

31 August 2022

China: CNBM has blamed declining sales of cement on repeated coronavirus outbreaks, a decline in the real estate market, lack of funding for infrastructure projects and a generally weak economy. Its cement sales revenue fell by 10% year-on-year to US$7.80bn in the first half of 2022 from US$8.65bn in the same period in 2021. Its adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) dropped by 39% to US$1.72bn from US$2.82bn. Cement and clinker sales volumes decreased by 17.8% to 128Mt and 14.6% to 18Mt respectively. Sales volumes of concrete decreased by 24% to 39.5Mm3.

Overall, the group’s revenue fell by 11% to US$15.8bn in the first half of 2022 from US$17.6bn in the same period in 2021. Its adjusted EBITDA dropped by 23% to US$2.87bn from US$3.71bn.

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Anhui Conch’s revenue and profit falls so far in 2022

31 August 2022

China: Anhui Conch’s operating revenue fell by 30% year-on-year to US$8.14bn in the first half of 2022 from US$11.6bn in the same period in 2021. Its net profit dropped by 33% to US$1.44bn from US$2.17bn. Its overall sales volumes of cement and clinker decreased by 37% to 130Mt. By region the group reported its biggest drop in sales volumes in East China. Anhui Conch blamed its falling sales and profit on continued coronavirus control measures, falling market demand and rising energy prices.

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Huaxin Cement reports falling sales and profits

31 August 2022

China: Huaxin Cement’s operating income decreased by 2% year-on-year to US$2.08bn in the first half of 2022 from US$2.13bn in the same period in 2021. Its net profit dropped by 35% to US$230m from US$353m. Its sales volumes of cement and clinker declined by 22% to 29Mt. Domestically, the group blamed the situation on the coronavirus pandemic, a “sharp” decline in demand for cement, the high cost of fuel and pressure on prices.

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China Resources Cement’s turnover drops by 21% to US$2.05bn in first half of 2022

31 August 2022

China: China Resources Cement’s (CRC) turnover fell by 21% year-on-year to US$2.05bn in the first half of 2022 from US$2.57bn in the same period in 2021. Its profit decreased by 50% to US$230m from US$463m. Its cement and concrete sales volumes dropped by 26% to 30.7Mt and 23% to 5.4Mm3 respectively. However, its clinker sales volumes rose by 5% to 2Mt. The group also reported that the capacity utilisation rate for its cement and clinker production lines were 70% and 87% in the first half of 2022 compared to 97% and 108% in the same period in 2021.

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Cementos Concepción starts commissioning new plant in Paraguay

31 August 2022

Paraguay: Cementos Concepción (CECON) has started commissioning its new plant at San Lázaro in the Concepción department by grinding raw material. Alexander Gonzalez, the project manager for the plant, told La Nación newspaper that start-up of the unit had been successful and that the process would now continue along the production line. The plant’s kiln is expected to start operation in October 2022.

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Bamburi Cement’s profit hit by fuel, logistics and import prices

31 August 2022

Kenya: Bamburi Cement’s turnover rose by 3% year-on-year to US$168m in the first half of 2022 from US$164m in the same period of 2012. However, its profit before tax tumbled by 89% to US$1.03m from US$9.25m. The subsidiary of Switzerland-based Holcim attributed its rising turnover to mounting sales volumes and rising prices. However, it blamed its falling profit on “significant inflation of the fuel prices, logistics costs and imported clinker prices in both Kenya and Uganda.” It added that it expected the local market to improve after the Kenyan general election in August 2022 and growth in infrastructure spending in Uganda propped up by the oil industry.

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Botswana targets cement exports by 2023

31 August 2022

Botswana: Keletsositse Olebile, the chief executive officer of the Botswana Investment and Trade Centre, hopes that the country could become a net exporter of cement in 2023. Olebile made the comment whilst on a tour of the Matsiloje integrated cement plant, according to the Weekend Post newspaper. The cement company was recently acquired by Whale Rock Cement, a Chinese joint-venture based in Namibia. At present the plant is producing 0.1Mt/yr and following a planned investment drive this may rise to 0.9Mt/yr. At present the country imports around 0.62Mt/yr of cement and it is hoped that expanding production at the Matsiloje plant could create the right conditions to create an export market. Matsiloje Portland Cement, the previous owners of the Matsiloje plant, closed in 2018 due to competition from South African imports.

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Suez Cement obtains environmental product declaration for cement products

31 August 2022

Egypt: Suez Cement says it is the first grey cement company in Egypt and Africa to obtain an environmental product declaration (EPD) certificate in accordance with international ISO standard. Four certificates have been issued for cement products manufactured at the company’s Helwan, Kattameya and Suez integrated plants. These are: CEMII BP 42.5N; CEMIIIA 42.5N; CEMII AL 42.5N; and Masonry 12.5X.

“With this certification, our customers will be able to make an informed choice of one of the lowest carbon footprint materials and reduce the environmental impact of emissions in their investments,” said Mohamed Hegazy, the managing director of Suez Cement.

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Menzel reveals work on replacement motor for cement plant in Pakistan

31 August 2022

Pakistan: Germany-based Menzel Elektromotoren has revealed work on a replacement motor it has built for an unnamed cement plant in Pakistan. As part of the project it has designed a motor to fit a limited installation space that could drive the unit’s raw mill, another cement mill or a fan.

The engineering company’s solution was a compact slip ring motor in frame size 710 with the cooling system tailored to fit around a steel girder in the cement plant. To accommodate the existing couplings in two different sizes, Menzel designed the replacement motor with two shaft ends with different diameters. The motor output is configured to ensure efficient continuous operation in each of the three applications. The machine has a rated output of 4600kW and a rated voltage of 6300V. It complies with protection class IP55. At the customer's request, it was designed in cooling type IC 666, with permanent external ventilation of the inner and outer cooling circuit. Before delivery, Menzel also ran a load test in its in-house test field with the end-user attending via video streaming.

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Ssangyong Cement orders equipment from KHD for Donghae plant

31 August 2022

South Korea: Ssangyong Cement has ordered equipment from Germany-based KHD Humboldt Wedag as part of an upgrade to clinker production line five of the Donghae plant. The scope of supply for the contract includes: a Pyroclon R type calciner with Pyrotop mixing chamber; a Pyrorotor type alternative fuel combustion reactor; a Pyrobox type coal firing system for process start-up and operation balancing; replacement of stage four cyclones with new high-efficiency cyclones for calciner connection and an overall pressure drop reduction; a new kiln inlet chamber with orifice, kiln hood and tertiary air ducts; and a new Pyrofloor PFC 738AW type cooler with a Pyrocrusher PRC 420-4ES.

This project will be the fourth Pyrorotor installation at the Donghae plant. KHD’s scope includes the engineering and supply of mechanical equipment for the clinker production as well as electrical equipment for the overall modernisation of the production process. The project scope is the same as the modernisation contract of line four of Donghae plant, which was signed in February 2021 and currently is in commissioning. The commissioning of the modernised line five is scheduled for the fourth quarter of 2023.

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