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17 September 2018

Taiwan Cement deal with Sanko Group progresses

Taiwan/Turkey: Taiwan Cement and Turkey’s Sanko Holding have signed a memorandum of understanding and a confidentiality clause about the company’s plan to invest in Sanko’s cement business. Taiwan Cement said it would continue talks with the Turkish business group about a strategic partnership and would make details public once the parties sign a definitive contract, according to the Taipei Times newspaper. The cooperation agreement was first announced in June 2018.

Published in Global Cement News
Tagged under
  • Taiwan
  • Türkiye
  • Taiwan Cement Corporation
  • Sanko Group
  • Memorandum of Understanding
  • Investment
  • GCW371
17 September 2018

Bharathi Cement launches fast setting product in Karnataka

India: Bharathi Cement has launched its BharathiUltraFast product for the market in Karnataka. The OPC 53 cement product promises faster pre-casting work, even in humid conditions, high early strength and a low heat of hydration to minimise crack formation.

The cement producer is a subsidiary of Vicat. The French company acquired a 51% stake in Bharathi Cement in 2010. It also owns Kalburgi Cement, formerly known as Vicat Sagar Cement. Bharathi Cement operates a 5Mt/yr integrated plant at Nallalingayapalli in Kadapa district of Andhra Pradesh and Kalburgi Cement runs a 2.75Mt/yr plant at Chatrasala in Kalaburagi district of Karnataka. Both plants market their products under the brand name ‘Bharathi Cement.’

Published in Global Cement News
Tagged under
  • India
  • Bharathi Cement
  • Product
  • Karnataka
  • VICAT
  • Kalburgi Cement
  • Vicat Sagar Cement
  • GCW371
17 September 2018

Supreme Court orders cement producers to pay for water in Katas Raj Temples case

Pakistan: The Supreme Court has ordered cement producers to pay for underground water used by cement producers near Katas Raj. Chief Justice Mian Saqib Nisar said that underground water is ‘very precious’ and added that cement factories using it near the temple at the site would no longer be able to do so for free, according to the Nation newspaper. The Chief Justice has also directed the Punjab Food Authority to audit local companies to assess how much water they are using and how much they are paying for it. The on-going case was started in response to a pond drying out at the Hindu heritage site due to water consumption by nearby cement plants.

Published in Global Cement News
Tagged under
  • Pakistan
  • Legal
  • Supreme Court
  • Water
14 September 2018

Thatta Cement’s sales fall by 22% to US$23.1m

Pakistan: Thatta Cement’s standalone sales fell by 22% US$23.1m in the financial year to 30 June 2018 from US$29.7m in the same period in 2017. Its gross profit fell by 35% to US$6.1m from US$9.4m. Its profit for the year fell by 39% to US$2.9m from US$4.7m.

Published in Global Cement News
Tagged under
  • Pakistan
  • Thatta
  • Results
  • GCW371
14 September 2018

Lafarge Zimbabwe says it can supply the market

Zimbabwe: Lafarge Zimbabwe says that it is able to supply the market with cement following a shortage. In a statement the subsidiary of LafargeHolcim said that the recent surge in demand was ‘temporary’ and that, overall, the situation was a ‘positive signal of economic growth,’ according to the Chronicle newspaper. It said that the situation might be attributable to a rise in mortgage finance as well as improved disposable income following a successful tobacco and maize farming season on the back of the Command Agriculture Programme.

Cement prices have reportedly risen by over 50% due to the shortage. Producers have blamed her situation on technical problems following maintenance works at their plants. They have also ruled out any further increases in prices. Despite the cement shortage they have warned against trading cement on the black market.

Published in Global Cement News
Tagged under
  • Zimbabwe
  • Lafarge Zimbabwe
  • LafargeHolcim
  • Price
  • Shortage
  • GCW371
14 September 2018

Cementos Argos preserves place in Dow Jones Sustainability Index

Colombia: Cementos Argos has been ratified for the sixth consecutive year as a member of the Dow Jones Sustainability Index (DJSI), which recognises good practices in terms of economic, environmental and social sustainability of the companies registered in stock markets. Celsia, a Grupo Argos energy subsidiary, was also included in the Dow Jones Sustainability Index for the Latin American Integrated Market (MILA) - Pacific Alliance, which recognises companies with the best economic, social and environmental practices in Chile, Peru, Mexico and Colombia. Grupo Argos and Cementos Argos were also included.

"Being ratified as world leaders in sustainability by Dow Jones is the result of our conscious investment, our commitment to a responsible operation of all our businesses, and our permanent interest to positively impact society, respecting our planet," said Jorge Mario Velasquez, chief executive officer (CEO) of Grupo Argos.

In 2018 more than 3500 companies around the world were invited to participate, but only 317 were selected as members of the worldwide DJSI.

Published in Global Cement News
Tagged under
  • Colombia
  • Cementos Argos
  • Dow Jones Sustainability Index
  • Sustainability
13 September 2018

CIMAF opens cement grinding plant in Chad

Chad: Morocco’s Ciments de l’Afrique (CIMAF) has launched commercial operations at its new 0.5Mt/yr grinding plant at Lamadji. CIMAF regional director Hatim Kahttabi said that the production capcity of the unit is expandable to 1Mt/yr, according to Alwihda. The project had an investment of Euro35m and it has created 200 jobs.

Published in Global Cement News
Tagged under
  • Chad
  • CIMAF
  • Ciments de L'Afrique
  • grinding plant
  • GCW371
13 September 2018

Tanzanian government assures cement producers of coal supplies

Tanzania: The State Mining Corporation (Stamico) has assured cement producers that it holds sufficient coal supplies. It said that 18,600t/month of coal is being produced every month at its mine at Kabuko in Songwe, according to the Citizen newspaper. It intends to increase production to 45,000t/month when demand is ‘high’ and then to later raise production to 60,000t/month when it fixes infrastructure bottlenecks.

In August 2018 cement producers reported that they faced coal shortages. Subsequently, cement prices rose.

Published in Global Cement News
Tagged under
  • Tanzania
  • Coal
  • Stamico
  • GCW371
13 September 2018

Kyrgyzstan politician proposes commission to examine setting up new cement plant

Kyrgyzstan: Member of parliament Karamat Orozova has proposed setting up a commission to examine building a new cement plant in the Batken region. She has proposed allocating land and loans for local businesses to build a new unit, according to the Central Asia News Service. The politician has criticised the decision to place the South-Kyrgyz Cement (SKC) plant in the Osh region of the country given the neighbouring problems in Batken. The 1Mt/yr SKC plant was built in 2010 with Italcementi.

Published in Global Cement News
Tagged under
  • Kyrgyzstan
  • SouthKyrgyz Cement
  • Government
  • Plant
13 September 2018

Vassiliko Cement presents low hydration heat cement product

Cyprus: Vassiliko Cement has presented a new low hydration heat cement product, Portland Pozzolana Cement CEM II/A-P 42,5N-LH, to local clients. The new product will be launched in early October 2018. It will be targeted at larger construction projects, such as footing or dams, where the company says it will prevent the formation of micro-cracks in concrete.

Published in Global Cement News
Tagged under
  • Cyprus
  • Vassiliko Cement
  • Product
  • GCW371
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