Global Cement News

China: Germany-based supplier IKN says that its customer Jidong Group has started up a 6200t/day-capacity cooler at its Lincheng cement plant in Hebei province. The supplier also said that installation of another cooler for the cement producer for a new production line was underway and scheduled for completion later in 2021.Jidong Group completes IKN cooler installation

Chile: The protest organisation Frente de Defensa de Islay has launched a challenge against the legality of Cbb’s planned 200,000Mt/yr Arequipa grinding plant in the Port of Matarani. The La República newspaper has reported that the organisation says that the plans would violate Islay district’s urban zoning law due to the risk of contamination.

The producer plans to complete the US$20m plant in mid-2021. It acquired the project from Inversiones Primax in 2019.

Nigeria: Dangote Cement has donated a total of 10 auto rickshaws to cement plant and limestone mine host communities in Akpata, Iwaa, Obajana and Owo. The Nigerian Tribune newspaper has reported that the aim of the donations is to support business and community transportation. Deputy general manager Ademola Adeyemi said that these fall under the company’s corporate social responsibility.

Mexico: Cemex recorded consolidated cement volumes of 63.8Mt in 2020, up by 2% year-on-year from 62.7Mt in 2019. Ready mixed concrete sales volumes fell by 6% to 47.0Mm3 from 50.1Mm3. Its net sales fell by 1% to US$13.0bn from US$13.1bn although the group has reported a slight rise on a like-for-like basis. Operating earnings before interest, taxation, depreciation and amortisation (EBITDA) rose to US$2.46bn, up by 3% from US$2.38bn. However, sales and earnings picked up significantly in the fourth quarter of 2020.

Fernando A González, the chief executive officer (CEO) of Cemex said, “2020 was one of the most challenging years we have faced but it also was a remarkable year that tested the strengths of Cemex and several of our recent strategic initiatives. I am proud of our performance, the organisation, and how we responded to the sudden arrival of Covid-19 in 2020.”

Cement volumes rose by 6% in Mexico and by 8% in the US, but fell by 1% in Europe, Middle East, Asia and Africa and by 8% in South and Central America and the Caribbean. Prices fell in all regions except Europe, where they rose by 3%, and the US, where they remained level. Annual like-for-like sales and gross profit increases were noted in Mexico, the US and Middle East and Africa.

The group concluded the sales of its 75% stake of US-based Kosmos Cement for US$499m in March 2020 and of ready-mix assets in the UK for US$230m in August 2020.

India: JSW Cement has hired US-based Yalochat to supply software for transactions with trade customers. It says it is among the first Indian cement companies to introduce conversational commerce services to this marketing segment. The software promises to increase the company’s ease of doing business by integrating customer service into transactions via the WhatsApp messaging platform. The producer says that this will help differentiate it as it transitions to 25Mt/yr of production capacity by 2023 from 14Mt/yr.

Managing director Parth Jindal said, "Digital technology is shaping the long-term sustainable growth strategy of all JSW Group businesses. We are in a unique position to deliver integrated home-building solutions to Indian consumers. Our digital transformation will ensure the ease of doing business to our customers through continued improvements in the overall brand experience combined with efficient operations for well-synchronised and timely deliveries."