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Production to rise at Malabar Cements 06 February 2019
India: State-owned producer Malabar Cements will increase production following reduced production over the last three months. The state government of Kerala has intervened following price rises, according to the Hindu newspaper. Malabar Cement sells around 6 - 8% of the cement sold in the state. The state government is also considering regulating the price of cement.
Philippines Tariff Commission looks into cement import duty 06 February 2019
Philippines: The Philippines Tariff Commission has started a formal investigation into the provisional safeguard tariff placed by the Department of Trade and Industry (DTI). Consumer group Laban Konsyumer asked the commission to place a temporary restraining order on the tax but the body said it lacked the power to do so, according to the Philippine Star newspaper. The commission has three months to reach its verdict. The DTI placed tariffs on cement imports in January 2019 to protect local producers.
Algeria targets cement exports of US$500m by 2023 06 February 2019
Algeria: Youcef Yousfi, the Minister of Industry and Mines, says that the government is aiming for cement exports worth US$500m by 2023. This is based on a surplus of 10 – 15Mt of cement by this time, according to Télévision Algérienne. Cement exports reached 1Mt in 2018. This is expected to grow to 2Mt soon with 1.2Mt supplied by GICA Group.
Belarusian government considering subsidies for cement producers 06 February 2019
Belarus: The government is considering offering subsidies to local cement producers. The matter was discussed at a meeting examining the performance of various companies chaired by the Belarusian president Alexander Lukashenko, according to the Belarusian Telegraph Agency. First Deputy Prime Minister Alexander Turchin said that cement companies had invested in projects only for the price of cement to fall ‘dramatically’ leading to financial losses. If any aid is provided it will come with government-enforced targets.
Lafarge Cement gains ISO50001 energy management certification in UK 06 February 2019
UK: Lafarge Cement, part of Aggregate Industries, has achieved BS EN ISO50001:2018 in Energy Management Systems after demonstrating its on-going commitment to energy efficiency. The certification requires companies to show continuous improvement in reducing the energy intensity of their operations.