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India: Ambuja Cement’s earnings fell in 2018 due to rising energy and fuel costs. The subsidiary of LafargeHolcim says it has implemented efficiency and cost saving programs to mitigate these effects. Its operating earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 6% year-on-year to US$265m in 2018 from US$266m in 2017. Despite this, the company’s sales volumes of cement grew by 5% to 24.2Mt from 23Mt. Its sales revenue rose by 7% to US1.54bn from US$1.44bn. Overall, the consolidated results for both Ambuja Cement and its fellow subsidiary ACC, saw growth in EBITDA, net sales and sales volumes of cement.

Saudi Arabia: Demand for cement is forecast to fall in 2019. A report by Al Rajhi Capital expects this due to reduced government spending on infrastructure projects and growing construction costs, according to Trade Arabia. Cement producers will focus on pricing rather than volume in this environment. Exports are also expected to increase. Local sales volumes of cement decreased by 13% year-on-year in 2018.

Colombia: Poor weather in the US reduced Cementos Argos’ sales revenue in 2018. Its sales revenue fell by 1.4% year-on-year to US$2.7bn in 2018 from US$2.74bn in 2017. Cement sales volumes decreased by 1.1% to 16Mt from 16.2Mt. The cement producer said that its cement volumes in the US were impacted by weather and a 43 day halt at its Martinsburg Plant in Texas, US. However, its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 8% to US$494m from US$457m. This was in part due to an improved Colombian construction market.

China: Japan’s Kawasaki Heavy Industries has delivered two 220t/hr CK Mills to Jiande Conch Cement via Anhui Conch Kawasaki Energy Conservation Equipment Manufacturing (CKM), a joint venture between Kawasaki Heavy Industries and Anhui Conch. Kawasaki is handling design and operation-related technical guidance, whereas CKM is in charge of manufacturing and delivery. The mills have a table track diameter of 4900mm, 5100kW motors and four rollers. No value for the order has been disclosed.

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