Displaying items by tag: GCW381

UK: The Global Cement and Concrete Association (GCCA) has held its inaugural annual general meeting and symposium in London. Member companies ratified key deliverables for the association and set-out its priorities and work program. Albert Manifold, chief executive officer (CEO) of CRH, was confirmed as GCCA President and will serve for two years. Fernando A González, CEO of Cemex and Jianglin Cao, CEO of CNBM, were confirmed as Vice-Presidents.

The work program will focus on: position concrete as the sustainable building material of choice; promote international best practice in the areas of safety, production and the use of cement and concrete in the built environment; foster innovation in the cement and concrete sectors; make a positive contribution to global sustainable development; and promote the principles of a circular economy across the value chain.

“Concrete is the enabler of critical buildings and infrastructure that enhance the way we live – safe and durable homes, roads, hospitals, clean water, effective wastewater management, as well as providing the vital structures for the clean energy of tomorrow,” said Benjamin Sporton, the CEO of the GCCA.

The association was launched in January 2018. It represents 32 member companies with nine affiliate organisations. Its members hold 35% of global cement production.

Qatar: Al Khalij Cement Company has obtained certification from the American Petroleum Institute (API) to produce oil well cement. The certification allows it to make Grade (s) HSR class G oil well cement at its Umm Bab plant, according to the Gulf Times newspaper. The API has awarded Al Khalij Cement a three-year licence to apply the API monogram on its products. 11 other companies are certified to produce by the API to produce oil well cement in the Middle East.

Saudi Arabia/Yemen: Tabuk Cement has signed a memorandum of understanding to export 6000t of cement to Yemen. The agreement has a duration of three months.

Bangladesh: Saudi Arabian company Engineering Dimensions has expressed interest in building a cement plant at Chhatak in Sunamgan. The company’s president Mohammed N Hijji has met Secretary-in-Charge of the Industries Ministry M Abdul Halim about the project, according to the Financial Express newspaper. Engineering Dimensions says that the country’s high population, local demand and skilled workforce have attracted it to the location.

Dominican Republic: Cementos Cibao has inaugurated a new packing and despatch plant. The unit has two automated packing lines with a palletising system, according to the Listín Diario newspaper. The site also includes a warehouse that can store 200,000 bags of cement. The cement producer operates an integrated plant.

Uruguay: Cement sales rose by 4.6% year-on-year to 0.60Mt in the first nine months of 2018 from 0.57Mt in the same period in 2018. Exports and internal sales both rose by similar ratios to 87,700t and 0.51Mt respectively, according to data from the Chamber of Industries of Uruguay. Despite overall growth, exports in the third quarter of 2018 nearly halved. Most exports were sent to Paraguay, followed by Argentina and Brazil.

Paraguay: Yguazú Cementos has renewed its call for a ban on clinker imports to be lifted. The cement producer made its latest bid to the Luis Alfredo Llamosas, the Vice Minister of Industry, during a visit to its plant, according to La Nacion newspaper. The company produces 0.37Mt/yr of clinker that it uses to make 0.55Mt/yr of cement. However, the plant can grind up 0.75Mt/yr of cement and it wants to import clinker to increase its productivity. Staff at Yguazú Cementos have previously criticised the import ban that allows only Industria Nacional del Cemento (INC) to bring in clinker from abroad.

Panama: The economic slowdown and a strike by the Trade Union of Construction Workers, combined with a fall in consumption and construction permits have hit the cement sector hard. It is expected that this will mean a 13% fall in cement demand in 2018, according to José Luis González Habas, Cemex's planning director. Cemex is the country’s only integrated cement producer.

González said that the cement sector had been growing by 13-14% and that infrastructure was growing even more. However, he was worried by the situation, stating that it was intolerable that the sector could be so unstable.
Héctor Ortega, president of the Panamanian Chamber of Construction has suggested a reduction in paperwork to help free up planning procedures and ensure infrastructure growth.

Zambia: BBMG Corporation and Tangshan Jidong Cement have resumed work on the development of a cement plant in Zambia, which requires a total investment of US$290m. The facility will produce 3000t/day of clinker and have a cement capacity of 1.3Mt/yr.

Up to 60% of the funding will be secured from Bank of China (BOC), the International Finance Corporation (IFC) and South Africa-based Nedbank. Aside from the 20% project capital that has been invested by the project owners, Tangshan Jidong Cement will raise the remaining 20% funding from other banks after February 2019.

The original contract was made prior to 2015 between Tangshan Jidong Cement and Zambia-based Suhails International Ltd. and the cement plant was supposed to commence operations by the end of 2017. The IFC also launched due diligence at the beginning of 2015, according to reports published by Hebei government website and Tangshan local media. In April 2015 regulators from China and Zambia approved the project. However it was delayed due to the restructuring of Tangshan Jidong Cement.

South Africa: PPC reports that its strategy to expand into the rest of Africa has started to bear fruit, despite continuing challenges in many markets. Johan Claassen, the chief executive of PPC said that the group's diversified portfolio had enabled the company to offset the weaker South African performance with robust growth in its rest of Africa segment.

"We are very pleased with our rest of Africa operations, which grew volumes by more than 34%, increased revenues by 36% to US$120m and improved earnings before interest, tax, depreciation and amortisation (EBITDA) by 18% to US$36.7m. "This performance was supported by robust volume growth in Zimbabwe and a positive contribution from the Democratic Republic of Congo (DRC),” said Claasen.

Claassen added that the first phase of PPC's Cimerwa plant upgrade in Rwanda, which involved de-bottlenecking the plant to increase production capacity, was successfully completed in the six months to September 2018 and that PPC began to realise the benefits towards the end of the reporting period when record volumes were achieved.

However, the revenue achieved by the Cimerwa plant declined to US$29.1m from US$31.9m in the prior period because of a 7% reduction in volumes. PPC’s Rwandan EBITDA slumped to US$6.7m from US$12.2m, because of unexpected maintenance associated with clinker imports costs. Claassen added that its operations in the DRC continued to encounter challenging market conditions, which were characterised by overcapacity and muted cement demand due to political uncertainty.