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Pakistan: Maple Leaf Cement’s new production line at its Iskanderabad cement plant is expected to start production by mid-2019. It is building a new 7300t/day line at the site to increase its total production capacity to 18,000t/day. The cost is US$206m. Denmark’s FLSmidth is building the line. Approximately 66% of civil work has been completed and 14% of plant erection work was reported complete at the end of June 2018.
Kazakhstan: A new 1.2Mt/yr cement plant being built at Kerbulak in Almaty region is set to be commissioned in 2019. The joint Kazakh-Singaporean project has an investment of US$145m, according to Kazakh TV. The unit is located close to road and railway links. Once completed the plant is expected to supply the Almaty region and neighbouring regions.
Uzbek cement production falls in first half of 2018 13 July 2018
Uzbekistan: Cement production fell by 5% year-on-year to 3.95Mt in the first half of 2018 from 4.2Mt in the same period in 2017, according to the Trend News Agency. The company set price controls for cement earlier in the year to support housing and infrastructure projects.
Norm Cement’s sales grow by 47% in 2017 13 July 2018
Azerbaijan: Norm Cement’s sales grew by 47% year-on-year to US$74m in 2017 from US$50.4m in the same period in 2016. Its operating profit more than tripled to US$22.6 from US$6.62m. However, the cement producer reported that it paid US$25,000 in income tax in 2017 compared to US$710,000 in 2016.
Lafarge Malaysia railway supply contract suspended 13 July 2018
Malaysia: A US$70m contract with Lafarge Malaysia to supply cement for the East Coast Rail Link project has been suspended by China Communications Construction pending a government review. The deal was originally announced in March 2018. The cement producer said that the suspension is not expected to have any significant financial impact its operations in the period up to the suspension, as completed work shall be compensated for in accordance with the terms and conditions of the contract. However, going forward the company could not rule out any negative financial impact following the government review of the project.Lafarge Malaysia railway supply contract suspended