US: Monarch Cement’s net sales fell by 3% year-on-year to US$74.3m in the first half of 2018 from US$76.8m in the same period in 2017. Its net income decreased by 42% to US$4.8m from US$8.23m. The building materials company operates a cement plant at Humboldt, Kansas and a terminal at Des Moines, Iowa.
Industrial Solutions division performance holds back ThyssenKrupp
Germany: ThyssenKrupp’s overall performance has suffered from the poor results of its Industrial Solutions division. In the first nine months of its financial year, which ended on 30 June 2018, the order intake of its Industrial Solutions division, which includes building cement plants, fell by 32% year-on-year to Euro2.82bn from Euro4.15bn. Its net sales decreased by 10% to Euro3.59bn from Euro4bn. Overall, the group’s order intake and net sales also fell slightly. However, most divisions and overall performance improved in the third quarter.
“We see a mixed picture. The bottom line is, that we are not satisfied with the current results”, said Guido Kerkhoff, chairman of the executive board of ThyssenKrupp. “There’s no point in sugar-coating it. Notably the cash flow is unsatisfactory, and that is not a situation which can be sustained long term. We have to improve significantly across all our businesses. That is what we are now working hard to deliver.”
With respect to the cement sector the group said that had received small and medium-size orders for plants and machines in Mexico, West Africa and India. Despite this it described the current market as beset by production overcapacity.
Panamanian cement production hit by strike
Panama: Production of Ordinary Portland Cement (OPC) has fallen due to a strike in the construction industry. OPC production fell by 15% year-on-year to 0.71Mt in the first five months of 2018 from 0.83Mt in the same period in 2017, according to the La Prensa newspaper. Production of other building materials, including concrete, have also been negatively affected.
Holcim Germany’s Beckum cement plant gains certificate from Concrete Sustainability Council
Germany: Holcim Germany’s Beckum cement plant has gained a silver sustainability certificate from the Concrete Sustainability Council (CSC). The company said that certificate is the highest that a cement plant can obtain. It certifies that the plant promotes transparency about the production process and supply chain as well as considering its impact upon the environment.
The company said that the unit is the first LafargeHolcim cement plant in the world to have CSC certification. It also plans to certify cement grinding plants and ready mix plants in Germany in the near future.


