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09 May 2019

Buzzi Unicem’s sales rise by 21.7% to Euro656m in the first quarter of 2019

Italy: Buzzi Unicem’s sales rose by 21.7% year-on-year to Euro656m in the first quarter of 2019 from Euro539m in the same period in 2018. Its cement sales volumes grew by 16.9% to 6Mt and its ready-mixed concrete sales rose by 7.3% to 2.6Mm3. It attributed the gain in sales to improved weather in the reporting period. The group reported particular sales growth in Italy, the US and Germany.

Published in Global Cement News
Tagged under
  • Italy
  • Buzzi
  • Results
  • US
  • Germany
09 May 2019

Adelaide Brighton issues profit warning for 2019

Australia: Adelaide Brighton expects that its net profit in 2019 will fall by up to 15% year-on-year from the US$133m it reported in 2018. It forecasts that the decline will be driven by weakening demand from the residential market, increased competition from cement imports, higher competition in Queensland and rising raw material costs.

Published in Global Cement News
Tagged under
  • Australia
  • Adelaide Brighton
  • warning
  • Results
  • Import
  • GCW404
09 May 2019

Votorantim Cimentos to upgrade Pecém grinding plant

Brazil: Votorantim Cimentos plans to spend around US$50m on upgrading its 0.2Mt/yr grinding plant at Pecém in Ceará. It will increase the unit’s production capacity by 0.8Mt/yr. The official announcement was made during a meeting between Camilo Santana, the governor of Ceará, and the board of Votorantim.

Published in Global Cement News
Tagged under
  • Brazil
  • Votorantim Cimentos
  • grinding plant
  • Upgrade
  • Ceará
  • GCW404
09 May 2019

Bolivian cement imports drop to 0.19Mt in 2018

Bolivia: Imports of cement fell by 30% year-on-year to 0.19Mt in 2018 from 0.27Mt in 2017. Data from the Bolivian Foreign Trade Institute and the National Institute of Statistics of Bolivia shows that cement imports were 0.51Mt in 2016, according to Hoy Bolivia. In 2018 Peru was the largest exporting country to Bolivia followed by Brazil, Argentina and Mexico. An increase in local production through the opening on new plants has contributed to the declining imports.

Published in Global Cement News
Tagged under
  • Bolivia
  • Import
  • data
  • Peru
  • Argentina
  • Brazil
  • Mexico
  • National Institute of Statistics of Bolivia
  • Bolivian Foreign Trade Institute
  • GCW404
09 May 2019

Uzbek government considering cancelling cement import concessions

Uzbekistan: The Ministry of Investment and Foreign Trade of Uzbekistan has proposed abolishing cement import benefits. It wants to prioritise local production, according to Esmerk CIS News.

Published in Global Cement News
Tagged under
  • Uzbekistan
  • Government
  • Import
  • GCW404
09 May 2019

Industrial Development Corporation looking for larger stake in Ohorongo Cement

Namibia: The Industrial Development Corporation (IDC), a South African development finance institution, says it would like to increase its share in Ohorongo Cement. It has made the statement in response to the acquisition of a majority stake in the cement producer by Singapore’s International Cement Group in March 2019, according to the Namibian Sun newspaper.

The IDC owns a 14% stake in Ohorongo Cement. It says it is committed to Ohorongo Cement and that it wants to support Namibia's indigenisation programme through local ownership. It is talking to other shareholders including the Development Bank of Namibia (DBN), which owns an 11% stake in Ohorongo. The DBN has also expressed concerns on the takeover by International Cement Group.

Published in Global Cement News
Tagged under
  • Namibia
  • Ohorongo Cement
  • Industrial Development Corporation
  • South Africa
  • International Cement Group
  • Shares
  • Development Bank of Namibia
  • GCW404
09 May 2019

Hanson ships bagged cement to Antarctica

Antarctica/UK: Hanson has transported 125t of bagged cement from its Ketton plant in the UK to the British Antarctic Survey’s Rothera Research Station in Antarctica. Construction company BAM Nuttall is upgrading a wharf at the site to improve ship and boating operations and allow it to accommodate the RRS Sir David Attenborough as well as to reduce manual handling cargo loading/unloading time.

The subsidiary of Germany’s HeidelbergCement worked with BAM Nuttall and civil engineering company Keyline to set the technical specification of the cement. Each of the 25kg bags were vacuum sealed and double shrink wrapped onto heat-treated pallets to reduce the risk of contaminating Antarctica’s environment with foreign organisms.

Published in Global Cement News
Tagged under
  • Antartica
  • UK
  • Hanson
  • HeidelbergCement
  • Product
  • British Antarctic Survey
  • BAM Nuttall
  • Keyline
  • GCW404
08 May 2019

Alamgir Kabir appointed president of Bangladesh Cement Manufacturers Association

Written by Global Cement staff

Bangladesh: Alamgir Kabir has been appointed as the president of the Bangladesh Cement Manufacturers Association (BCMA). His term covers the 2019 – 2020 and the 2020 – 2021 period, according to the Financial Express newspaper. Md Shahidullah, managing director of Metrocem Cement and chairman of Metrocem Group, and Zahir Uddin Ahmed, managing director of Confidence Cement, were elected the first and second vice-presidents of the BCMA respectively.

Published in People
Tagged under
  • Bangladesh
  • Bangladesh Cement Manufacturers Association
  • GCW403
08 May 2019

Romanian competition council finds market irregularities

Romania: The Competition Council says it has found irregularities in the cement market. Following an investigation started in the autumn of 2018 it has revealed that the country’s three major producers – Holcim, CRH and HeidelbergCement – were operating with high profit margins and similar market share, according to Business News Europe. It noted that geographic distribution of customers around the three companies’ production facilities might support a hypothesis of market collusion. It also reported similar production capacity utilisation rates between the main producers despite different production capacities.

The Competition Council has not drawn any conclusions from the report. Previously, it said that if it does find any evidence of cartel-like behaviour it could apply a fine of up to 10% of company turnover.

Published in Global Cement News
Tagged under
  • Romania
  • Competition Council
  • Investigation
  • Holcim Romania
  • CRH
  • HeidelbergCement
  • LafargeHolcim
  • GCW403
08 May 2019

Podilsky Cement’s revenue rises by 2.5% to Euro92.3m in 2018

Ukraine: Podilsky Cement’s revenue rose by 2.5% year-on-year to Euro92.3m in 2018. It reduced its loss by 25% to Euro16.2m, according to the Ukrainian News Agency. It produced 1.35Mt of cement. The company is a subsidiary of Ireland’s CRH.

Published in Global Cement News
Tagged under
  • Ukraine
  • Podilsky Cement
  • Results
  • GCW403
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