September 2024
Bangladesh: Sayem Sobhan Anvir, the managing director of Bashundhara Group, has signed a cement supply agreement with Tao Jun, the project manager of the Padma Bridge Rail Link for China Railway Group. Bashundhara Group will supply over 0.7Mt of cement for the project, according to Daily Sun newspaper. The US$3bn train line will run for 225km between Dhaka and Jessore.
Nepalese government to focus on cement exports 07 May 2019
Nepal: The government plans to prioritise cement as a major export. It made the announcement as part of a presentation to parliament for the 2019 – 2020 financial year, according to the Himalayan Times newspaper. However, Dhruva Thapa, president the Nepal Cement Producers' Association said that the government needs to cut taxes on the cement industry to make exports competitive.
Pakistan: The gas supply to Lucky Cement’s Pezu plant has been disrupted by an investigation by Suit Northern Gas Pipelines (SNGP) into unaccounted-for gas. An initial short shutdown to the supply has been extended to over a month, according to the news International newspaper. The gas supplier is investigating widespread theft of its gas via illegal connections.
North Korea: The state-owned Sangwon Cement plant plans to increase its production output by upgrading a speed reducer in a raw material crusher. The plant launched a seawater-resistant cement product in 2018, according to the Pyongyang Times newspaper. It has been supplying this product to projects in the Wonsan-Kalma coastal tourist area.
Kenya/Tanzania: The governments of Kenya and Tanzania are working together to resume exports of cement. A delegation of Tanzanian officials are due to inspect cement plants in Kenya to verify the source of the raw materials used in their manufacture, according to the East African newspaper. This could then lead to exports of cement from Kenya to Tanzania to be re-allowed.
The two countries recently held bilateral trade talks in Arusha on non-tariff barriers. They agreed to speed up the verification missions recommended for confirmation of product origin as provided for in the East African Community rules of origin. Tanzania blocked cement despatches from Kenya in 2018 due to the use of imported clinker.
Zimbabwe: Switzerland’s LafargeHolcim has lent US$30m in the form of a long-term loan to Lafarge Zimbabwe. The company has taken out a short-term loan of US$4.4m from a local bank, according to the Zimbabwe Independent newspaper. In its financial results for the 2018 the cement producer reported that its revenue grew by 24% year-on-year to US$72m in 2018 and that its profit before tax grew strongly to US$4.4m.
India/China/UAE: UltraTech Cement is looking for buyers for the cement production assets of Binani Cement in China and the UAE. It purchased Binani Cement’s share in joint-ventures in these countries, according to the Hindu newspaper. In China it runs a 3Mt/yr integrated plant and in the UAE it operates a 2.5Mt/yr grinding plant. However, before it was acquired by UltraTech Cement, Binani Cement was unable to sell its stake in its Chinese unit. Attempts to sell the plant in UAE are also expected to be difficult due to market overcapacity.
Senegal to introduce new cement tax 03 May 2019
Senegal: The government plans to introduce a new tax on cement to support a house-building campaign. President Macky Sall said that the tariff would increase the cost of bags of cement, according to the Agence de Presse Sénégalaise. He added that the country has the cheapest cement in the region.
Gabon: Cement production rose by 42% year-on-year to 0.49Mt in 2018 from 0.34Mt in 2017. Sales rose at a similar rate to 0.49Mt, according to Infos Gabon. The Ministry of Economy attributed the growth in production and sales to the government’s decision to suspend imports of cement in mid-2017.
Algeria: Ciment Lafarge Souakri (CILAS) has started exporting a consignment of 30,000t of cement to Cameroon. The operation was handled via the port of Annaba, according to Radio Algeria. It is the cement producer’s sixth large-scale export operation to another Africa country. The subsidiary of LafargeHolcim is using Lafarge Trading to supply logistical support.