Global Cement News

Mozambiqiue: According to Mozambique News Agency, the governor of Sofala, Helena Taipo, has ordered the limestone storage facility in Muanza be moved on environmental and health grounds.

Taipo took this measure after a message presented by local residents at a rally she addressed in Muanza, which complained at the way the limestone is currently stored. The residents said that the health problems allegedly caused by limestone dust are not new. Local people have long complained against the practice of Cimpor's Cimentos de Mocambique of storing large quantities of limestone next to Mwanza station, where it awaits transport by train to the cement plant in the nearby town of Dondo.

Taipo said that she did not really need to hear the complaint, since she could see the problem with her own eyes. "I have seen the houses covered with white dust," said Taipo. "Even here at the rally I've seen the dust, which shows that the situation is serious. We have to think seriously about the preservation of the environment. Cimpor must change the place where it keeps the limestone to somewhere else, because currently it is a danger to public health."

Participants at the rally called for the road from Dondo to Cheringoma, which passes through Muanza, to be paved. They also wanted the electricity grid to be further expanded. Taipo guaranteed that paving the road is one of the actions envisaged in the government's five year programme for 2015 - 2019.

Oman: According to Reuters, Raysut Cement posted a 33% drop in its second-quarter net profit. It made US$12.8m in the second quarter of 2015 compared with US$19.1m in the same period of 2014. Raysut Cement reported a first-half post-tax profit of US$28.5m compared to US$40.5m in the same period of 2014.

Kazakhstan: According to Dow Jones, Steppe Cement said that it sold more cement, but at a lower price, in the first half of 2015 due to the unfavourable exchange rate between the Kazakhstan Tenge and the Russian Ruble. The company sold 717,654t of cement for US$44.4m in the first half of 2015, compared to 709,459t of cement for US$48.9m in the same period of 2014.

Dominican Republic: According to Esmerk Latin American News, Cemex Dominicana plans to invest US$5.96m to expand the packaging and palletising capacity at its plant in San Pedro de Macoris. The investment includes a new cement packaging line that will increase its capacity by an additional 1.5m bags per month, reaching a capacity of 2.4Mt/yr. Cemex also intends to expand its cement milling capacity over the next few months and build a new facility for cement loading.

Europe: Following the successful completion of the merger between Holcim and Lafarge, LafargeHolcim has today started trading on the SIX Swiss Exchange in Zurich with the ticker symbol LHN and on Euronext in Paris, joining the Swiss Market Index (SMI) and the CAC 40 index (replacing Lafarge SA) respectively. LafargeHolcm had a total market capitalisation of around Euro39.4bn on 13 July 2015. Representatives of LafargeHolcim's senior management will attend the start of trading ceremony in Paris.