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Namibia: The Whale Rock Cement plant is set to start producing cement at its new grinding plant near Otjiwarongo in April 2018. Using the Cheetah Cement brand name the company had originally intended to start production in January 2018, according to the Namibia Press Agency. Clinker for the plant has been imported from Egypt. Previously, the imported cement was reported by local media as coming from China.
Originally the company intended to buy clinker from a local producer but the negotiations failed leading the cement producer to buy imports instead. Around 24,000t of clinker from a total of 40,000t have been transported from Walvis Bay to Otjiwarongo by 732 trucks. Once fully operational in August 2018 the plant is expected to create around 600 jobs. The company is a joint venture between China’s Asia-Africa Business Management and Whale Rock Cement.
Nepal: Arghakhachi Cement and Jagdamba Cement are planning to build new cement plants. Arghakhachi Cement is spending US$48m on building a new integrated plant, according to the Kathmandu Post newspaper. The new plant will be launched by mid-2018. The company already operates an integrated cement plant at Birpur in Kapilvastu.
Jagdamba Cement is planning to build a 1500t/day cement plant in eastern Bhairahawa. The new unit will create 400 jobs. The cement producer operates two cement-grinding plants at Bhairahawa and Birgunj. The company produces Ordinary Portland Cement, Pozzolana Portland Cement and Pozzolana Slag Cement products.
Switzerland: LafargeHolcim has launched a new five year plan, ‘Strategy 2022 – ‘Building for Growth,’ as it has reported an income loss of Euro1.46bn. It blamed the loss on a, ‘…detailed review of the asset portfolio, and specifically the country risk.’ Its net sales rose by 4.7% year-on-year on a like-for-like basis to Euro22.7bn from Euro23.4bn. Its sales of cement rose by 3.3% on a like-for-like basis to 210Mt from 233Mt.
“In 2017 we made good progress across all key metrics. The growth in sales and the over-proportional increase in earnings before interest, taxation, depreciation and amortisation (EBITDA) represent a good performance and give us a very good basis to build on. The fact that four of our five regions reported growing EBITDA is testimony to our global strength,” said group chief executive officer Jan Jenisch. He added that the new strategy is based by a new set of targets that centre on growth, improving profitability, increasing cash generation and better returns for shareholders.
Iran: Cement production fell by 0.9% year-on-year to 43Mt in the first nine months of the local financial year. Data from the Ministry of Industries, Mining and Trade showed that cement production in the November to December 2017 period fell by 8.8% to 4.29Mt, according to the Trend News Agency. The decline has been blamed on a recession in the construction industry, poor supplies of natural gas to industrial users and a drop in exports due to falling global oil prices. The country produced 54.1Mt of cement in the 2017 financial year that ended in March 2017, a fall of 6.6% from the preceding year.
Al Jouf Cement starts export deal to Jordan 02 March 2018
Jordan/Saudi Arabia: Al Jouf Cement Company has activated a contract to export 72,000t/yr of cement to Jordan with effect from late February 2018. The company previously signed the deal with Saudi Industrial Export, according to Mubasher. The financial effect from the agreement is expected to show in the company’s results for the first quarter of 2018.