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Vietnam: The Ministry of Industry and Trade has proposed that the government transfers the management of Quang Son cement plant to the Vietnam Cement Industry Corporation (Vicem) from the Vietnam Industrial Construction Corporation (Vinaincon) due to high losses and mounting loans. Both companies are run by the government, according to the Viet Nam News newspaper. The loans have grown to 95% of the total investment of US$153m of the project, putting financial pressure on Vinaincon.

Under the proposal, Vicem will have to take care of all the loans taken by Vinaincon for Quang Son cement plant, formerly known as Thai Nguyen cement plant. The project started commercial operation in July 2011 with a production capacity of 1.5Mt/yr of cement.

Senegal: Trade minister Alioune Sarr says that the government will investigate a rise in the price of cement. He said that a committee has been set up to review the prices of essential commodoties including cement, according to PressAfrik. The decision follows a rise in the price of cement at the end of May 2018.

India: Police have arrested the owner of a factory near Gaurichak in Bihar manufacturing counterfeit cement. Over 5000 bags of cement were seized, according to the Telegraph of India newspaper. Cement bags falsely branded as Birla Gold, Lafarge and other companies were found at the site. Packaging machines were also impounded. Police said the unit was collecting expired bags of cement and reusing them. The investigation will now move on to finding contractors who have been selling the fake products.

Italy: Colacem has purchased the Maddaloni cement plant from Italcementi. The transaction was part of the measures requried by the Italian Competition Authority when Italcementi acquired Cementir.

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