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01 March 2021

Seven Rings cement signs Bangladesh cricket captain as brand ambassador

Bangladesh: Cricketer and Bangladesh national team captain Tamim Iqbal has secured a brand ambassador contract with Seven Rings Cement. United News of Bangladesh has reported that the parties signed the contract at a ceremony at which director and chief executive officer Raihan Ahmed and chief financial officer and company secretary Kausar Alam were in attendance.

Iqbal said, “I am very proud to be associated with Seven Rings Cement, which is the only cement company that has three cement plants in three different places in Bangladesh."

Published in Global Cement News
Tagged under
  • Bangladesh
  • Seven Circle Bangladesh
  • Brand
  • marketing
  • GCW495
26 February 2021

LafargeHolcim consolidated sales and recurring earnings fall in 2020

Switzerland: LafargeHolcim’s consolidated net sales in 2020 were Euro21.1bn, down by 5.6% year-on-year on a like-for-like basis from Euro24.4bn in 2019. The group recorded recurring earnings before interest and taxation (EBIT) of Euro3.35bn, down by 2% from Euro3.74bn. Its cement sales fell to 190Mt, down by 7% from 208Mt. It noted an increase in bagged cement sales in emerging markets.

By region the group reported like-for-like growth in sales and earnings in Asia-Pacific driven by recovery in India and China despite weaknesses in the Philippines and Australia. Earnings rose despite falling sales in Europe, Latin America and North America with a resilient market noted in Central Europe and an ‘outstanding’ year reported in Latin America. Middle East Africa reported falling cement demand and adverse market affects from the coronavirus pandemic, although Nigeria remained buoyant.

Chief executive officer Jan Jenisch said, “2020 was an unprecedented year for everyone, challenging us to be more resilient, while stepping up to take care of those around us.” He added, “This crisis has really proven the resilience of our strategy and business model. By the fourth quarter of 2020 we were back to growth, with a 1.5% increase in net sales and over-proportional recurring EBIT of 14%.” The group completed eight ‘bolt-on’ acquisitions in 2020 and signed an agreement to acquire Firestone Building Products, a producer of flat-roofing systems in the US. It also claimed that, “Every tonne of cement we produced in 2020 was more carbon-efficient and contained more recycled material than the year before.”

Published in Global Cement News
Tagged under
  • Switzerland
  • LafargeHolcim
  • Results
  • coronavirus
  • India
  • China
  • Philippines
  • Australia
  • Nigeria
  • GCW495
26 February 2021

Elementia’s consolidated volumes, sales and earnings grow in 2020

Mexico: Elementia sold 5.3Mt of cement in 2020, up by 4% year-on-year from 5.1Mt in 2019. Consolidated net sales rose by 8% to US$1.34bn from US$1.24bn, while earnings before interest, depreciation, taxation and amortisation (EBITDA) rose by 8% to US$170m from US$157m. Cement business sales rose in all regions with the exception of Central America with particular earnings growth record in the US.

The company also noted that the sale of its integrated Bath plant in Pennsylvania, US remained under review by competition authorities with a response hoped for in April 2021. The sale of the unit to HeidelbergCement-subsidiary Lehigh Hanson was first announced in September 2019.

Published in Global Cement News
Tagged under
  • Mexico
  • Elementia
  • Results
  • US
  • Plant
  • Pennsylvania
  • Competition
  • GCW495
26 February 2021

Eurocement launches CEM-II tripoli cement

Russia: Eurocement has expanded its cement range with a new CEM-II cement produced with the siliceous sedimentary rock tripoli. The group said that the product is suitable for use in settings requiring high durability, for example marine hydraulic structures and underground construction.

Sales and marketing vice president Alexey Kharchenko said, “Launching the innovative cement CEM-II/A-P 42.5N is the company's timely response to the request of the largest buyers and their need for a universal, economical and high-tech product for the construction industry in Russia. We focus on long-term work and trusting relationships with the client.” He added that the product has superior carbon index values compared to Ordinary Portland Cement (OPC), in line with Cement Industry Sustainable Development Initiative (CSI) recommendations.

Published in Global Cement News
Tagged under
  • Russia
  • Eurocement
  • Product
  • GCW495
26 February 2021

Hima Cement launches Fundi masonry cement

Uganda: LafargeHolcim subsidiary Hima Cement has launched Fundi masonry cement. The company says that the product has a lower carbon footprint than Ordinary Portland Cement (OPC). It is suitable for use in plastering, brick laying and mortar works.

Hima Cement Uganda chief executive officerJean-Michel Pons said, “Fundi is an application-based cement that is formulated with enhanced capabilities for masonry and plaster works. The customer is guaranteed improved workability, affordability and beautiful finishes.” He added, “In addition to addressing the application needs for masonry works, Fundi masonry cement is now the greenest cement on the Ugandan market. Fundi is produced with a reduced carbon footprint, with 54% lower CO2 emissions in comparison to OPC.”

Published in Global Cement News
Tagged under
  • Uganda
  • Hima Cement
  • Product
  • LafargeHolcim
  • GCW495
26 February 2021

Gebr. Pfeiffer to supply Lafarge Poland’s Malogoszcz cement plant with vertical roller mill

Poland: LafargeHolcim subsidiary Lafarge Poland has ordered a 307t/hr MVR 3750 R-4 vertical roller mill from Germany-based Gebr. Pfeiffer for its Malogoszcz cement plant in Świętokrzyskievoivodeship. The supplier says that the equipment has a drive power of 2500kW and that it is the first MVR mill to be installed in the country. It said that the producer chose the mill for its reduced energy requirements compared to those of other grinding mills. China-based Nanjing Kisen will execute the order for commissioning in early 2022.

Published in Global Cement News
Tagged under
  • Poland
  • Gebr Pfeiffer
  • Order
  • Plant
  • Upgrade
  • Mill
  • Lafarge Poland
  • LafargeHolcim
  • Germany
  • GCW495
26 February 2021

Phoenix Industrial wins CalPortland Mojave cement plant raw mill installation contract

US: Phoenix Industrial will install the raw mill for Denmark-based FLSmidth’s raw mill upgrade of CalPortland’s integrated Mojave cement plant in California. The company said that it will conduct civil, concrete, structural steel, mechanical and electrical work on the project. Mobilisation of crews to the site is due to begin in March 2021 with commissioning scheduled for December 2021. Saxum Engineering is also working on the upgrade.

Published in Global Cement News
Tagged under
  • US
  • Phoenix Industrial
  • Contract
  • California
  • Plant
  • Upgrade
  • CalPortland
  • FLSmidth
  • Saxum Engineering
  • Mill
  • GCW495
25 February 2021

Cementos Argos reports consolidated sales and profit drop in 2020

Colombia: Cementos Argos’ full-year consolidated net sales in 2020 were US$2.52bn, down by 4% year-on-year from US$2.62bn in 2019. The group’s cement volumes declined by 9% to 14.7Mt from 16.1Mt. Net profit for the year was US$21.8m, down by 36% from US$34.1m. Volumes, sales and earnings before interest, taxation, depreciation and amortisation (EBITDA) declined in all three of the group’s regions.

The company said that in the fourth quarter of 2020 the construction sector maintained a ‘positive trend,’ supported by the strong performance of the residential segment. It also recorded a slight improvement in the infrastructure segment. The producer said that warehouses and data centre projects had partially offset the weak performance of the segment, as offices and retail had been the most impacted during the coronavirus pandemic.

Chief executive officer Juan Esteban Calle, “I would like thank each one of our employees for their full commitment and resilience during 2020. I believe the experience we all lived over the last year will lead us to be even stronger and more prepared to face the opportunities and challenges of the future.”

Published in Global Cement News
Tagged under
  • Colombia
  • Cementos Argos
  • Results
  • coronavirus
  • GCW495
25 February 2021

Clinker grinding halts in Lami

Fiji: Grinding units in Lami have ceased operations since mid February 2021. The reason for the pause is complaints by community stakeholders about pollution, including clinker spillages on the road from the Port of Suva. The Fiji Times newspaper has reported that plant owners met stakeholders on 23 February 2021.

Environment and Waterways Ministry permanent secretary Joshua Wycliffe said, "The origins of the issue are the transport itself: there was spillage on the way to the cement factories. We have stopped the companies; if it is the transport companies that are breaching, we have stopped them. We are open to someone else doing it provided they have the permits, proper paperwork and also follow the rules and conditions.”

Published in Global Cement News
Tagged under
  • Fiji
  • Government
  • grinding plant
  • Closure
  • Pollution
  • GCW495
25 February 2021

Arab Swiss Engineering Company takes legal action against Misr Beni Suef Cement

Egypt: Arab Swiss Engineering Company (ASEC) has launched legal action against Misr Beni Suef Cement. The latter terminated the supplier’s technical management contract in mid-February 2021. Arab Finance has reported that the producer alleges that ASEC breached its commitments regarding its Beni Suef cement plant’s production capacity.

Published in Global Cement News
Tagged under
  • Egypt
  • ASEC
  • Misr Beni Suef
  • Legal
  • Plant
  • GCW495
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