September 2024
Paraguay: Paraguay’s main cement producer, state-owned Industria Nacional del Cemento (INC), has ‘significantly’ slowed production at its 1.0Mt/yr integrated Puerto Vallemi plant to a rate of 12,000 bags/day, creating a supply gap that imports and Intercement’s 0.4Mt/yr integrated Asunción plant have been unable to fill. Esmerk Latin American News has reported that the shortage has precipitated a 33% price rise in the cost of a bag of cement in the country to US$10.20 from US$7.00 when the shortage began in October 2019.
Uganda: The Uganda government’s Committee on Natural Resources suspended pozzolano extraction at quarries in eastern Uganda on 14 November 2019. The Daily Monitor reported the cause of the suspension as pollution of water sources. Speaking at Tororo Cement’s Chemangal quarry, committee chair Kefa Kivanuka said that “The regulatory authorities were negligent,” and that activity at quarries was suspended until the completion of a damage assessment involving committee meetings with cement producers for the review of their pozzolano extraction licences. Besides Tororo Cement, Hima Cement, Kampala Cement and Kenya-based National Cement subsidiary Simba Cement all supply plants with pozzolano extracted in the region.
RHI Magnesita enters trial production at Tangi refractory plant 15 November 2019
India: The leading global supplier of cement kiln refractories, has produced its first test batch of magnesia carbon bricks (MCBs) for use in cement kilns at its 18,000Mt/yr Tangi plant near Cuttack in the state of Odisha. The company acquired the fully-equipped plant in August 2019 for Euro5.5m and has said production will be supported by a ‘new state-of-the-art world-class research and development centre currently under construction in Bhiwadi’ in serving the needs of the regional cement industry.
LafargeHolcim supplies 10,000t of cement for Brest expansion 15 November 2019
France: LafargeHolcim has fulfilled its contract with the Port of Brest for the delivery of 10,000t of cement and almost 0.17Mt of draining sand by sea to the port in the Département of Brittany. A Euro220m project has been underway since 2016 for expansion and diversification of the port’s handling capacity, with completion scheduled for 2020. LafargeHolcim says that it proposed specific construction solutions for use of its materials in improving the accessibility of Brest’s existing wharves and building a new ‘heavy’ wharf.
Eurocement extends cooperation with Castorama 15 November 2019
Russia: Eurocement has announced an expansion in its cooperation agreement with consumer goods retailer Castorama. Eurocement’s regional subsidiary Mikhailovcement, which operates a 2.0Mt/yr integrated cement plant in Ryazan, dispatched the first batch of cement to Castorama in October 2019. Mikhailovcement and other Eurocement subsidiaries will now supply bagged cement to all of Castorama’s 19 branches across Russia.
JK Cement relaunches JK Wall Putty as WallMaxX 15 November 2019
India: JK Cement has revealed its rebranded JK Wall Putty, which will be known as WallMaxX. JK Cement operates 10.9Mt/yr of cement capacity across India. It launched its JK Wall Putty, the main constituent of which is its white cement, in 2002 to give a highly water-resistant finish to plaster that prevents seepage and flaking.
Thai Boon Rong Cement plant enters production 14 November 2019
Cambodia: Thai Boon Rong’s 0.9Mt/yr integrated cement plant in Kampot province was commissioned on 14 November 2019, marking the end of a US$110m construction project on its 678 hectare site in Dangtong District.
Speaking at the inauguration ceremony, Cambodian Prime Minister Samdech Techo Hun Sen said that the plant, Cambodia’s fifth, would help meet rapidly growing domestic demand.
Cementos Argos shares results 14 November 2019
Colombia: Cementos Argos’ revenue in the three months to 30 September rose by 44% year-on-year to US$1.52bn for US$1.06bn. Lower sales across its cement and concrete sections caused the company’s three-month profit to drop by 65% year-on-year to US$10.3m over the period from US$29.6m. Higher costs also offset the income from the sale of the group’s Barranquilla natural gas power station to Glenfarne Group for US$420m in the quarter.
CRH courts buyers for Philippines subsidiaries 14 November 2019
Philippines: Irish-based CRH has engaged JP Morgan, the bankers, for the sale of its entire Philippine unit. The company operates 3.1Mt/yr of integrated and 0.8Mt/yr clinker grinding capacity via its stake in Republic Cement’s three integrated plants and one grinding plant, inherited in 2015 from Lafarge and Holcim as a part of the pair’s merger.
The Irish Times has reported the estimated value of the divestment at between Euro1.82bn and Euro 2.73bn. The announcement caused CRH’s share price to rise to its highest level since May 2017.
Misr Cement Qena’s third-quarter profit falls 67% year-on-year 14 November 2019
Egypt: Misr Cement Qena’s profit in the three months to 30 September took a 67% year-on-year dive to US$1.85m from US$5.56m. Sales continued on an upward trend, ending the period up by 6.3% at US$146m from US$138m in the corresponding period of 2018.