Displaying items by tag: Bags

India: JK Cement’s sales rose by 10% year-on-year to US$763m in the financial year to 31 March 2020 from US$691m in the same period in 2019. Its sales volumes of cement decreased slightly to 9.8Mt and its profit after tax nearly doubled to US$63.5m. However, its sales fell slightly in the fourth quarter, sales volumes of cement dropped by 7% year-on-year to 2.9Mt and it reported a significantly reduced standalone net profit.

The cement producer said that its operations had gradually stabilising since coronavirus lockdown measures were relaxed. All of its integrated and cement grinding plants had resumed production and despatch. It noted that due to lower power demands less fly ash was available so it is sourcing this from other locations. Labour shortages are also affecting bag supplies and the availability of drivers. As part of cash conservation measures it has restricted capital expenditure to US$66m in the current financial year.

India: The Confederation of Indian Industry (CII) has lobbied the government in its Pre-Budget Memorandum 2020-21 over customs duties. The body is suggesting a reduction on the customs duty on packaging for use in bagging cement to 5% from 10%. There is currently no import tax on cement and duties of 5% and below on various clinker constituents.

Mali: Diamond Cement Mali (DCM) has signed a deal with La Société Malienne de Cartonnerie (SCS MDC) to procure 50kg bags to hold cement. DCM operates two plants in the country with a production capacity of 1Mt/yr, according to local press. It requires over 20 million bags per year. SCS MDC became operational locally in 2019. It runs a plant at Kamalé near Bamako. Moussa Silvain Diakité, the chief executive oficer (CEO) of SCS MDC described the contract as the company’s first ‘big’ deal.

Nigeria: Cement Company of Northern Nigeria (CCNN) has made a donation of 3000 bags of cement, equalling US$22,100 in value, to impoverished communities in Sokoto State’s Wamakko Local Government Area. CCNN corporate affairs manager Alhaji Sada Suleiman said that the donation, which is to help repair mosques, graveyards, public wells and Islamic schools, was part of the company’s corporate responsibility.

El Salvador: Holcim El Salvador is marking its 70th anniversary with the launch of a 42.5kg limited edition bag for its Fuerte cement brand. The new bag features the traditional red and black colours and landmark buildings constructed with Holcim’s cement product packaging, such as Torre Futura, the San Salvador Metropolitan Cathedral and the Divino Salvador del Mundo monument, according to the El Mundo newspaper. The new limited edition bag will be sold until the end of 2019.

Europe: Data from Eurosac shows that estimated paper sack deliveries for the cement sector in Europe grew slightly year-on-year to 0.18Mt in 2018. Growth for other building materials with the exception of cement grew faster at 1.8% to 0.23Mt. Paper sack deliveries from Eurosac members increased by 1.8% to 1.82 million units from 1.80 million units. Eurosac represents over three quarters of European paper sack producers operating in 20 countries.

Ethiopia: A new bag-packing unit at Dangote Cement Ethiopia’s Mugher plant in Oromia is unable to start operation due to a lack of raw materials. The US$20m polypropylene bag plant was completed in April 2018 but it is restricted by government controls on foreign currency that are limiting its import of input materials, according to the Reporter newspaper. The unit can produce up to 120 million bags per year.

The cement producer has also suspended plans to build a second 2.5Mt/yr production line at the plant. An agreement was signed with China’s Sinoma International for the project but it has since been abandoned due to a shortage of foreign currency, a lack of electrical power and general security issues. Deep Kamara, the country manager of Dangote Cement Ethiopia, was killed in an gun attack in mid-2018. No one has been arrested in relation to the murder.

Austria: Mondi has launched ‘myMondi’ a web-based platform. It says it is the first all-in-one digital customer platform available in the paper sack industry worldwide. The sales product is intended to enable customers to view live product and stock information, place orders and track order status.

Mauritius: Lafarge Mauritius has launched Lakaz Mazik, a cement bag that dissolves in a concrete mixer. The bag has been developed by Sweden’s BillerudKorsnäs, according to the L’Express newspaper.

China: Starlinger Plastics Machinery Taicang, the Chinese branch of Austria’s Starlinger, has reached the milestone of building 10,000 circular looms. It reached this target in November 2018. The plant was established in 2005 and started manufacturing looms in 2006. It produces around 1000 looms/yr. Omega 6 and Omega 1000 model looms were first produced at Starlinger Taicang. This was then followed by the RX series, which is produced exclusively in China.