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30 April 2019

Votorantim Cimentos to open limestone grinding plant at Nobres

Brazil: Votorantim Cimentos plans to open a limestone grinding plant at Nobres. in Mato Grosso state to produce agricultural lime. The unit will have a production capacity of 0.7Mt/yr, according to the Valor newspaper. Once the new plant is opened in the second quarter of 2019 the company will have a total agricultural lime production capacity of 4.5Mt/yr.

The initiative is part of the building materials group’s plans to diversify its business. For the agricultural lime market it is targeting Central-West, Central-North and Northeast parts of Brazil. The Nobres plant can also produce 0.25Mt/yr of limestone filler for farm use. Following the upgrade to the Nobres plant it will be able to produce 0.75Mt/yr of dolomitic and calcitic limestone. These limestone products both have agricultural applications as soil nutrients.

Published in Global Cement News
Tagged under
  • Brazil
  • Votorantim Cimentos
  • grinding plant
  • Limestone
  • Mato Grosso
  • agriculture
  • GCW402
30 April 2019

INC to launch structural cement product

Paraguay: Industria Nacional del Cemento (INC) plans to launch CP 2-C 40, a cement product intended for use in structures such as bridges and roads. The new product is scheduled to be released in June 2019, according to IP Paraguay. Following the launch the cement producer will have four main cement products.

Published in Global Cement News
Tagged under
  • Paraguay
  • Industria Nacional del Cemento
  • INC
  • Product
  • GCW402
29 April 2019

Anhui Conch’s revenue grows by 63% to US$4.53bn in first quarter

China: Anhui Conch’s revenue grew by 63% year-on-year to US$4.53bn in the first quarter of 2019 from US$2.79bn in the same period in 2018. Its net profit rose by 27% to US$903m from US$710m.

Published in Global Cement News
Tagged under
  • China
  • Anhui Conch
  • Results
  • GCW402
29 April 2019

China Resources Cement’s sales down in Guangdong and Guangxi

China: China Resources Cement’s turnover fell by 6.7% year-on-year to US$957m in the first quarter of 2019 from US$1.03bn in the same quarter of 2018. Its profit fell by 16% to US$189m from US$226m. Its cement sales volumes dropped by 7.7% to 15.2Mt from 16.5Mt, clinker sales fell by 2% to 1.16Mt from 1.18Mt and concrete volumes declined by 15% to 2.58Mm3 from 3.03Mm3. Sales volumes fell in the company’s main markets in Guangdong and Guangxi.

Published in Global Cement News
Tagged under
  • China
  • China Resources Cement
  • Results
  • Guangdong
  • Guangxi
  • GCW402
29 April 2019

Qatar National Cement preparing to export up to 3Mt/yr

Qatar: Qatar National Cement Company (QNCC) is preparing to export up to 3Mt/yr of clinker to markets in Asia and Africa. QNCC chairman and managing director Salem Butti al Naimi said that the company was actively taking to Indian companies and that an agreement might be signed soon, according to the Qatar Tribune newspaper. He also mentioned potential targets in Iraq, Yemen and other Gulf Cooperation Council (GCC) states.

Published in Global Cement News
Tagged under
  • Qatar
  • Qatar National Cement Company
  • Export
  • India
  • Iraq
  • Yemen
  • GCW402
29 April 2019

Philippines Tariff Commission delays public hearing

Philippines: The Tariff Commission has delayed a public hearing on the formal investigation on the imposition of safeguard measure on cement imports. The meeting was scheduled to take place in early May 2019, according to the Philippine Star newspaper. The commission said it was postponed in order to give it time to visit plants and check its data.

The investigation started in February 2019 to check whether a provisional safeguard duty imposed by the Department of Trade and Industry (DTI) should remain in place. The DTI applied a US$4/t tariff in the form of a cash bond on imported cement in mid-January 2019 for a period of 200 days in response to a surge in imports.

Published in Global Cement News
Tagged under
  • Philippines
  • Tariff Commission
  • Import
  • Tax
  • Department of Trade and Industry
  • GCW402
29 April 2019

Lucky Cement income down on fuel costs

Pakistan: Lucky Cement’s revenue grew by 12% year-on-year to US$729m in the first nine months to 31 March 2019 from US$654m in the same period in 2018. Its local cement and clinker sales volumes dropped by 13% to 4.4Mt from 5.1Mt. Export sales more than doubled to 1.5Mt from 0.7Mt, Overall sales volumes rose to 6Mt. Its income fell by 18% to US$80m from US$97.3m. It said that its cost of sales rose by 14.1% due to rises in the cost of coal, packing material and other fuel prices.

The cement producer said that a 2.6Mt/yr expansion project in Khyber Pakhtunkhwa would be completed by the end of 2019. Contacting for a new 1.2Mt/yr plant in Samawah in Iraq has been finalised including a power plant from Finland’s Wärtsilä. Commercial production at the site is planned for mid-2020.

Published in Global Cement News
Tagged under
  • Pakistan
  • Lucky Cement
  • Results
  • Iraq
  • Plant
  • Upgrade
  • Wärtsilä
  • Power Plant
  • GCW402
29 April 2019

Development Bank of Namibia to talk to government about Ohorongo Cement

Namibia: The Development Bank of Namibia (DBN) says it will consult the government about its minority stake in Ohorongo Cement following the purchase of a majority share in the cement producer by Singapore’s International Cement Group. International Cement Group acquired a 69.8% share in Ohorongo Cement from Germany’s Schwenk Namibia in March 2019, according to the Namibian newspaper. The DBN said that it originally invested in Ohorongo Cement to promote economic development in Namibia.

Published in Global Cement News
Tagged under
  • Namibia
  • Development Bank of Namibia
  • Government
  • Ohorongo Cement
  • International Cement
  • Schwenk Zement
  • Plant
  • Singapore
  • GCW402
29 April 2019

Romanian cement sales rise by 5.5% to 8.9Mt in 2018

Romania: Data from CIROM, the Romanian cement association, shows that cement sales grew by 5.5% year-on-year to 8.9Mt in 2018, according to the
Ziarul Financiar newspaper. The country operates nine integrated cement plants run by HeidelbergCement, LafargeHolcim and CRH.

Published in Global Cement News
Tagged under
  • Romania
  • CIROM
  • Sales
  • data
  • GCW402
29 April 2019

John King Chains USA joins the Power Transmission Distributors Association

US: John King Chains USA has joined the Power Transmission Distributors Association (PTDA). The association brings together over 370 industrial power transmission and motion control distribution channel and manufacturing companies.

Published in Global Cement News
Tagged under
  • US
  • John King Chains
  • Power Transmission Distributors Association
  • chains
  • GCW402
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