September 2024
Titan Cement publishes integrated annual report 15 April 2020
Greece: Titan Cement has published its integrated annual report for 2019, a year in which its net profit fell by 5.5% year-on-year to Euro50.9m from Euro53.8m in 2018 and sales rose by 8.0% to Euro1.61bn from Euro1.49bn. The company noted its ‘sustained performance and stronger cash flow generation’ throughout the year, with growing demand in the US and Southeastern Europe and the beginning of growth in Greece, in spite of a 7.0% year-on-year fall in cement volumes to 17.0Mt from 18.2Mt in 2018. Challenging conditions in Egypt and Turkey caused the group’s performance to deteriorate.
Titan Cement said that it is ‘on track to meet the Group’s 2020 sustainability targets and has already met ‘all targets related to emissions and water consumption.’ It acknowledged inevitable ‘short-term impacts’ of coronavirus, including reduced sales volumes ‘particularly and more severely in the second quarter of 2020,’ and has strengthened its liquidity position to Euro400m.
Arabian Cement’s profit and sales fall in 2019 15 April 2020
Egypt: Arabian Cement has reported an 88% decline in profit year-on-year to Euro 1.60m in 2019 from Euro13.3m in 2018. Sales were Euro181m, down by 5.5% from Euro 192m in 2018 due to depleted demand. Expansión newspaper called 2019 ‘the worst year in history for Egypt’s cement industry.’
Egypt: Misr Cement Qena has announced its donation of US$127,000 to the government’s Tahya Misr coronavirus rapid response fund. The fund aims to provide unemployed irregular workers with US$31.7/day, increasing the healthcare budget by 75% and providing ventilators to all who need them, as well as equipping hospitals with masks and detergent. Misr Cement Qena chairman Abd al-Fattah Harhour said, “We are very proud to take a leading part in the initiative as part of our ongoing social responsibility towards our country and our people.”
Chinese cement production rebounds 14 April 2020
China: The Ministry of Industry and Information Technology has published data showing 94% domestic cement production capacity utilisation in the two-week period ending 10 April 2020, marking an end to coronavirus shutdowns in all provinces. Excavator sales in March 2020 numbered 49,400, up by 12% year-on-year from 44,300 in March 2019. Construction materials analyst Xu Xianchun said, "Demand in the construction industry has basically recovered to 2019's level, driven by new and resumed projects." Xinhua News Agency has reported that cement prices have also climbed on a month-by-month basis.
Cemex resumes Colombian production 14 April 2020
Colombia: Mexico-based Cemex has announced the resumption of operations at its 2.8Mt/yr Caracolito plant in Ibagué, Tolima Department on 13 April 2020. Noticias Financieras News has reported that Cemex Colombia will resume the supply of its products to ‘infrastructure and public works that cannot be suspended, as well as for emergency care projects and road projects.
Cemex will have to wait for the Colombian government to lift its coronavirus lockdown to restart supplies to customers.
Kazakhstan: Steppe Cement sold 236,000t of cement in the first three months of 2020, down by 11% year-on-year from 266,000t in first quarter of 2019. Its sales were US$9.36m, down by 10% from US$10.4m. Regulatory News Service has reported that Steppe Cement’s Kazakh cement market share decreased to 13% from 17% in the corresponding quarter of 2019.
Steppe Cement estimated that Kazakhstan's cement demand will decrease in 2020 due to the uncertainty of the oil market and the negative effects of coronavirus. It says that its 3.6Mt/yr integrated Karaganda plant continues to operate at 100% capacity.
Environmental Protection Agency postpones Limerick alternative fuels hearing due to coronavirus 14 April 2020
Ireland: The Environmental Protection Agency (EPA) has postponed a four-day hearing over Irish Cement’s alternative fuel (AF) licence application, scheduled for May 2020, to an as yet unspecified date due to the coronavirus. Under the terms of the proposed licence, Irish Cement will be able co-process a maximum of 90,000t/yr of refuse-derived fuel (RDF), including tyres, in the single dry line of its 1.0Mt/yr Mungret plant in County Limerick. The EPA said that emissions from operations under the terms of the licence ‘will meet all required environmental protection standards.’
Irish Cement received its preliminary licence to burn refuse-derived fuel (RDF) in September 2019. The move attracted local resistance, with 4500 people participating in a protest on 5 October 2019.
The EPA has said that it will give all relevant parties notice ‘well in advance’ of the date of the rescheduled hearing, which will take place after the government lifts the country’s coronavirus lockdown. On 14 April 2020 County Limerick had 234 coronavirus cases out of an Irish total of 10,647.
Vecoplan VEZ 3200 pre-shredder wins Red Dot Design Award 14 April 2020
Germany: Red Dot has awarded Vecoplan its Red Dot Design Award for the new Vecoplan VEZ 3200 pre-shredder for refuse-derived fuel (RDF). The prize ‘acknowledges the aesthetics and workmanship’ of the product, as well as its ergonomiocs and functionality. Vecoplan CEO Werner Berens said, “The design impacts on the machine construction, making the shredder easier to handle for operators.”
Russia: Eurocement subsidiary Kavkazcement has reported the successful installation of a remote monitoring system at its 3.1Mt/yr integrated Kavkazcement plant. The system uses near field communication (NFC) tags and identification devices to feed real-time operational data from its four wet kilns to smartphones. Kavkazcement CEO Oleg Lopatin said, “Accurate and timely inspection of the equipment increases the efficiency and stability of the entire cement production line. The mobile monitoring system reduces the time and improves the quality of diagnostics.”
Krasnoyarsk Cement begins emissions monitoring 09 April 2020
Russia: Sibirskiy Cement subsidiary Krasnoyarsk Cement has equipped the exhaust stack of its 1.1Mt/yr Krasnoyarsk, Siberia plant with an emissions monitoring system supplied by Finland-based Gasmet. The system provides continuous NOx, CO2 and SO2 monitoring via a UK-based Oxitec 500E gas analyser, Germany-based Durag D-FL-220 flow rate meter and a Gasmet Simatic computer. Krasnoyarsk managing director Vladimir Afanasin said, “We approached the choice of equipment taking into account all the requirements of the Russian environmental legislation, which have recently been significantly tightened.”
Krasnoyarsky Cement will complete preliminary testing of the installation in late 2020.