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South African trade commission starts review of tariffs on cement imports from Pakistan 18 January 2021
South Africa: The International Trade Administration Commission (ITAC) started a ‘sunset’ review in December 2020 of import tariffs imposed on cement from Pakistan. The investigation will last up to 18 months, according to Moneyweb. Existing anti-dumping duties, which were first implemented in 2015, will remain in place during proceedings.
The review by ITAC follows lobbying by the Concrete Institute (TCI) in 2019 to add additional protection against imports of cement from other countries like Vietnam. Construction industry data company Industry Insight reports that Vietnam accounted for 70% or 0.47Mt of the 0.68Mt of cement imported into South Africa in the first nine months of 2020. The remaining 30% or 0.20Mt came from Pakistan.
Hauliers strike causes cement shortages in Mali 18 January 2021
Mali: A strike by two hauliers unions based in Senegal has caused cement shortages. The Union des Routiers du Sénégal and the Intersyndicale du Secteur des Transports Routiers both started strike action in late December 2020, according to Bamako News. The country has three main cement plants - Ciments et Matériaux du Mali (CMM), Diamond Ciment (DCM-SA) and Ciments d'Afrique (CIMAF) – but these companies only have a production capacity of 2Mt/yr. This is estimated to be 50% of Mali’s national requirement of 4Mt/yr. Commentators have called for a national cement supply policy in response to the situation and to reduce reliance on imports.
Raysut Cement’s revenue grows by 7% to US$235m in 2020 18 January 2021
Oman: Raysut Cement’s revenue grew by 7% year-on-year to US$235m in 2020 from US$219m in 2019. Its profit after tax increased to US$36.5m from US$5.88m.
Sri Lanka: Onyx Group chairman Nandana Lokuwithana says that his company will start operations at its 3.6Mt/yr grinding plant in Mirijjawila, Hambantota later in 2021. The unit has an investment of nearly US$100m, according to the Sunday Observer newspaper. It was previously reported in 2019 that two roller mills for the project had been ordered by Lanwa Sanstha Cement from Germany-based Gebr. Pfeiffer. Lanwa Sanstha Cement is a related company to Onyx Group.
LafargeHolcim demolishes silo at Port of Algeciras 18 January 2021
Spain: LafargeHolcim has successfully demolished a 78.5m high silo at its Los Barrios Port Terminal in the Port of Algeciras. The company is currently dismantling its unit at the port. A specialised company was hired by the cement producer to conduct the operation following a survey.