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LATEST CEMENT INDUSTRY NEWS
Ghacem to spend US$100m on new cement grinding plant at Kumasi
Ghana: Ghacem plans to spend US$100m on building a new cement plant at Kumasi in the Ashanti Region. The new 1.5Mt/yr unit at Kumasi is intended to serve central and northern regions of the country, according to the Daily Graphic newspaper. The plant will use calcined clay as an additive. Construction is expected to take 18 months with commissioning planned for the first quarter of 2023. The subsidiary of Germany-based HeidelbergCement is also planning upgrades to its grinding plants at Tema and Takoradi. The work at the Tema will include the addition of a new grinding and packing plant and an upgrade of existing equipment. It is expected to be completed by the end of 2021. Work at Takoradi will then follow afterwards. /Global Cement
UAECEMENT.COM - Aug,01,2021

Shree Cement ready to build new grinding plant in Bengal
India: Shree Cement is ready to start building a 3Mt/yr grinding plant at Purulia in Bengal. The project has an investment of around US$80m, according to the Times of India newspaper. The cement producer has already purchased the land for the unit and intends to start work on building it from August 2021. It will be the company’s first production plant in the state. /Global Cement
UAECEMENT.COM - Aug,01,2021

Bestway Cement commissions 14.3MW solar plant at Farooqia plant
Pakistan: Bestway Cement and Reon Energy have commissioned a 14.3MW captive solar power unit at the former’s integrated cement plant at Farooqia, Khyber Pakhtunkhwa. The unit is part of a 50MW project deal that is planned to install solar units at the cement producer’s plant at Farooqia, Chakwal, Kallar Kahar and Hattar, according to the Pakistan Observer newspaper. Energy generated at the new solar plant at Farooqia is expected to reduce energy costs and reduce reliance on the national electricity grid. /Global Cement
UAECEMENT.COM - Jul,01,2021

Kuwait Ministry of Commerce and Industry bans cement exports
Kuwait: The Ministry of Commerce and Industry has banned all export and re-export of cement and other construction materials from Kuwait. However, it has allowed individual citizens to import construction materials for personal use. The ban is part of a raft of a measures intended to stem the increase in building material prices. The Kuwait News Agency has reported that cement prices rose after the resurgence of the coronavirus outbreak in India suspended Indian imports. The ministry subsidises building materials including cement and concrete. In May 2021 it paid US$45m towards such subsidies. It continues to monitor the cement market and cement production for unlawful price rises. Kuwait s cement production capacity is 9.0Mt/yr, while 2020 consumption was 6.0Mt. /Global Cement
UAECEMENT.COM - Jun,24,2021

FLSmidth and Carbon8 Systems sign technology partnership
Denmark/UK: FLSmidth has signed a global commercial partnership with UK-based carbon capture and utilisation (CCU) Carbon8 Systems to accelerate the cement industry’s carbon neutrality path. The supplier said that CCU is an essential part of its MissionZero pledge to enable zero-emission cement production by 2030. The new partnership will use its global network to extend Carbon8 Systems’ reach in the cement industry. The partnership started in June 2021 and the companies intend to release more details on the commercialisation of the arrangement at a join webinar in October 2021. Carsten Riisberg Lund, Cement President for FLSmidth said, “The cement industry is pursuing every possible solution to reduce its environmental footprint. CCU is one such technology, with a massive potential, that has reached commercial maturity in recent years.” He added “FLSmidth will work closely with Carbon8 Systems to accelerate the implementation of its technology and we will draw upon our in-depth know-how, our products and our global presence. This agreement is a significant leap forward in our joint efforts to deliver on the sustainability ambitions for the global cement industry.” /Global Cement
UAECEMENT.COM - Jun,22,2021

Tanzania Portland Cement increases sales and profit in 2020
Tanzania: Tanzania Portland Cement recorded an increase in turnover of 13% year-on-year to US$170m in 2020 from US$150m in 2019. The Daily News newspaper has reported that the company’s net profit for the year was US$31.9m, up by 25% year-on-year from US$25.4m in 2019. Its sales volumes of cement grew by 6% in 2020. Chair Hakan Gurdal attributed the results to increased cement volumes, level prices and controlled cost. Gurdal said, “We achieved new records in production, dispatching and cement sales, following a volumes strategy to offset the general price downward trend of the past 10 years.” He added that the company remains ‘deeply involved’ in large infrastructure projects and that “The trend remains strong.” In 2020, national cement demand rose to 5.9Mt By the end of 2021, Tanzania is expected to have a cement production capacity of 11Mt/yr. /Global cement
UAECEMENT.COM - Jun,19,2021

Turkmen Enjam orders new 3000t/day kiln line at Lepab cement plant from Thyssenkrupp Industrial Solutions
Turkmenistan: Germany-based Thyssenkrupp has received an order for a new 3000t/day line for the Lebap cement plant from Turkmen Enjam. The Arab Times newspaper has reported that the line will include a raw materials crushing and preparation plant and storage facilities. /Global Cement
UAECEMENT.COM - Jun,15,2021

Misr Beni Suef’s sales and profit drop in first quarter of 2021
Egypt: Misr Beni Suef recorded sales of US$16.3m in the first quarter of 2021, down by 37% year-on-year from US$25.8m in the first quarter of 2020. Reuters reported that the company’s profit also fell by 37%, to US$2.39m from US$3.79m.
UAECEMENT.COM - Jun,13,2021

JSW Cement merges large projects division into JSW Group large projects division
India: JSW Group has established a new large projects division. The division combines the former large projects division of its subsidiaries JSW Cement and JSW Steel. It will use the group’s new end-to-end sales platform Aikyam, according to United News of India. The integration is expected to create large scale volume opportunities for the steel and cement businesses in Maharashtra, Gujarat, Karnataka, Telangana and Andhra Pradesh. Director Parth Jindal said, "JSW Group has the unique advantage of providing an integrated offering to its large customers in the infrastructure and building industries space.” He added "I expect Aikyam to fundamentally change the way JSW works with its large clients, while ensuring that our relationships continue to get stronger through a single group interface, bolstered by strong internal collaboration. In the near future we plan to offer other group products such as paints, construction chemicals, ready-mix concrete and many others to our large institutional customers through the Aikyam interface." /Global Cement
UAECEMENT.COM - Jun,8,2021

Bestway Cement to build new cement plant in Mianwali
Pakistan: Bestway Cement has provided details of its upcoming 7200t/day-capacity Paikhel cement plant in Mianwali district, Punjab province. China-based Sinoma International Engineering Company will supply engineering, procurement and construction for the plant. The plant will have a 9MW waste heat recovery (WHR) plant. /Global Cement
UAECEMENT.COM - May,30,2021

Asia Cement completes full shore power project for cement carriers
Taiwan: Asia Cement Corporation has completed its US$1.3m full shore power project for its cement vessels. Following the upgrade its cement carriers use the Taipower power supply when berthed at port instead of using on-board generators. The project has been implemented at the ports of Kaohsiung, Taichung, Keelung and Hualien. The cement producer currently operates four cement carriers. The shipping upgrade is expected to save over 1474t/yr of fuel oil and effectively reduce 5329t/yr of CO2 emissions. The cement producer added that it would improve the unloading efficiency of cement carriers, decreasing the unloading time by 50%, and reduce wear on the ship generators.
UAECEMENT.COM - May,22,2021

Former Iranian minister calls for cement to be added to commodities exchange
Iran: Hossein Modares Khyabani, the former head of the Ministry of Industry, Mine and Trade, has called for cement to be traded on the Mercantile Exchange, a commodities exchange based in Tehran. He hoped that the move would enable cement producers to upgrade plants and increase exports, according to the Islamic Republic News Agency. The aim is to have producers generate mhigher profits and build infrastructure development. Local cement production grew by 13% year-on-year to 68Mt in the Iranian calendar year to March 2021. However, gas, electricity and transportation costs all grew significantly during the period.
UAECEMENT.COM - May,22,2021

Dalmia Bharat’s full-year sales and earnings rise in 2021 financial year
India: Dalmia Bharat’s consolidated revenue rose by 9% year-on-year to US$1.43bn in its 2021 financial year from US$1.31bn in the same period in 2020. During the period, which ended on 31 March 2021, its sales volumes of cement grew by 7% to 20.7Mt from 19.3Mt. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 32% to US$377m from US$285m. Puneet Dalmia, the managing director of Dalmia Bharat said, “I am delighted with our company’s performance this year. The performance is backed by broad-based revenue growth of 9.0% across each region of our operation and EBITDA margin expansion. Through a much disciplined execution, we have successfully increased our capacity by 16% while simultaneously pre-paying our gross debt.” /Gloabal Cement
UAECEMENT.COM - May, 05,2021

Lucky Cement sees nine month profit leap by 303%
Pakistan: Lucky Cement has reported a 303% increase year-on-year in its unconsolidated profit after tax (PAT) in the first nine months of the 2021 Pakistan fiscal year, a reporting period that ran from 1 July 2020 to 31 March 2021. Its PAT for the period was US$72.6m, compared to just US$18.9m in the same period of the prior fiscal year. Lucky Cement’s net sales for the nine month period came to US$306m compared to US$208m a year earlier. Its net sales for the January-March 2021 quarter increased to US$111m form US$71.6m in the same period of 2020. /Global Cement
UAECEMENT.COM - May, 01,2021

Shiva Cement decreases loss as sales fall in 2021 financial year
India: Shiva Cement’s consolidated net sales in the 2021 financial year, which ended on 31 March 2020, were US$3.81m. The figure represents a 12% year-on-year decline from US$4.33m. Net loss also fell, by 4% to US$2.94m from US$3.05m. /Global Cement
UAECEMENT.COM - Apr, 27,2021


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