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APCMA’s Karachi offices searched in pricing probe 20 November 2020
Pakistan: The Competition Commission of Pakistan (CCP) conducted a search and inspection of the Karachi offices of the All Pakistan Manufacturers Association (APCMA) on Thursday 19 November 2020. The search was carried out as part of an enquiry launched in May 2020 to investigate possible anti-competitive activities by cement producers. Two different CCP teams entered and searched the offices of the Chairman and Vice Chairman of APCMA and impounded relevant records.
The enquiry began based on the information gathered through various media reports and concerns expressed regarding a concurrent increase in cement prices across Pakistan, particularly during April 2020. The APCMA stands accused of orchestrating a price rise among producers.
The CCP previously searched and inspected the APCMA’s main offices in Lahore. That search allegedly led to the discovery of WhatsApp messages and emails that led investigators to believe there were grounds for further investigation.
LafargeHolcim and Batica building ‘Houses of Tomorrow’ 20 November 2020
Switzerland/France: Along with its partner Batica, LafargeHolcim is optimising the design of a low-carbon house, bringing together the latest innovations developed by the group's global research and development centre in Lyon, France.
Construction of the House of Tomorrow began at the end of October 2020 in Saint-Caprais-de-Bordeaux, Gironde. The materials used for its construction will have a CO2 footprint more than 40% lower than a traditional house, and an optimised energy performance. The integration of these innovations in the house has made it possible for such a property to remain financially accessible to buyers thanks to controlled costs.
To achieve low CO2 emissions performance, LafargeHolcim used its innovative cement and concrete products, all of which are available on the French market. Foundations were poured using ECOPact AA concrete, with emissions 80% lower than standard concrete. ECOPact A concrete, with CO2 emissions 50-70% lower than standard concrete, will be used for the compression slab of the VS floor (crawl space). Airium, an insulating mineral foam, will be used to insulate the walls. A very low density concrete – 40-300kg/m3 depending on the mix – Airium represents an environmentally friendly, healthy and affordable insulation solution. LafargeHolcim’s Agilia Chape Thermic fluid screed will be used to coat the under-floor heating elements.
Taiwan Cement’s profit rises as revenue falls 20 November 2020
Taiwan: Taiwan Cement’s revenue came to US$2.88bn in the first nine months of 2020, a year-on-year decrease of 6%. However, its operating income was US$800m, a 9% year-on-year increase compared to the first nine months of 2019. Its net income was US$640m, 4% higher than a year earlier.
“The fourth quarter is the traditional peak season for the cement market and we remain optimistic about our performance,” said Edward Huang, Senior Vice President and Spokesperson of Taiwan Cement.
Tokyo Cement plans 1Mt/yr expansion 20 November 2020
Sri Lanka: Tokyo Cement Company (Lanka) has announced that it expects to sign an agreement to increase the production of OPC and other hydraulic cement products by 1Mt/yr. The investment will be made at its existing cement grinding plant in Trincomalee on the north east coast of Sri Lanka.
Tokyo Cement said that the project would cost approximately US$12m. Global Cement notes that this amount is fairly low for such a large increase in cement capacity and therefore may represent increases in cement handling capacity, rather than grinding capacity. Tokyo Cement said that it expects the project to be completed within 24 months.
Qatari Cement production rises in September 2020 20 November 2020
Qatar: Qatar witnessed robust month-on-month cement production growth during September 2020 as the country scaled back its Covid-19 restrictions. Cement production increased by 9.1%. Cement was one of a number of sectors to buck a wider trend of a continued industrial slowdown, according to the Planning and Statistics Authority (PSA). However, the volume of cement produced was 3.1% lower than in September 2019.