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LATEST CEMENT INDUSTRY NEWS
Southern Province Cement sees decline in sales and profit in first half of 2022
Saudi Arabia: Southern Province Cement s first-half 2022 sales were US$150m, down by 42% year-on-year from US$193m. Increased operating costs diminished the company s net profit by 42% from US$68.4m to US$39.9m. /Global Cement
UAECEMENT.COM - Aug, 11 ,2022

India imports record 2.03Mt of coal from Russia in July 2022
India: India imported 2.03Mt of coal from Russia in July 2022, making the widely sanctioned nation its third largest source of coal that month. The figure represents a 10% month-on-month increase from 1.85Mt-worth of Russian coal imports in June 2022. The Economic Times newspaper has reported that the single largest importer of thermal coal in July 2022 was UltraTech Cement, with 170,000t. /Global Cement
UAECEMENT.COM - Aug,06 ,2022

High costs reduce Vicat’s income in first half of 2022
France: Despite a 12% year-on-year increase in consolidated sales to Euro1.75bn from Euro1.56bn, Vicat recorded a net income drop of 17% to Euro77.8m from Euro93.5m in the first half of 2022. The group attributed the decline to increased global energy costs and to non-recurring industrial costs in France, India and the US. These costs included investments in exceptional maintenance at its Montalieu cement plant in France and a debottlenecking capacity expansion at its Kalburgi, India, cement plant. Geopolitical events also impacted the profitability of the producer s business in Mali. Group cement sales rose by 17% year-on-year to Euro1.1bn. Chair and CEO Guy Sidos said “The basis for comparison in the first six months of 2022 was unfavourably high given the sales and profitability levels achieved in the same period of the previous year.” /Global Cement
UAECEMENT.COM - Jul,31 ,2022

Solid Cement to commission expanded Antipolo cement plant in April 2024
Philippines: Cemex subsidiary Solid Cement is installing a new US$356m, 1.5Mt/yr line at its Antipolo cement plant. When operational in April 2024, the line will increase the plant’s capacity by 79% to 3.4Mt/yr. Over the first four months of the project since March 2022, Solid Cement invested US$197m in silos and mechanical installation. The new 1.5Mt/yr line will use Low Temperature Clinker technology to reduce its CO2 emissions, and will also recycle waste hot gases for raw materials drying. Solid Cement is building the plant using 6000t of its own Vertua reduced-CO2 cement, which it says will further reduce its net carbon footprint by 564t. Philippines president and CEO Luis Franco said “We will maintain our active role in supporting the development of this nation, as we have done in the past 25 years.” /Global Cement
UAECEMENT.COM - Jul,23 ,2022

Dangote Cement invited to establish cement plant in Burundi
Burundi: The government of Burundi says that it is ready to sign a credit letter with Dangote Cement for the establishment of a cement plant in the country. In this way, the government hopes to provide a long-term solution to the on-going national cement shortage. In the meantime, the government urged Dangote Cement to devise ‘modalities for the supply of construction materials’ into the country. Burundian delegates at a meeting with Dangote Cement on 8 July 2022 said that Northwest Burundi is endowed with abundant limestone reserves. /Global Cement
UAECEMENT.COM - Jul,12 ,2022

Popular Cement Industries wins Sindh mine case
Pakistan: Popular Cement Industries has won a court case against Gatron Group, which the cement company claimed was intruding upon a mine held under lease by it. The Business Recorder newspaper has reported that Gatron Group began construction of a partition wall across the mine. The judge ruled that Popular Cement Industries inherited its lease from Dadabhoy Cement in 1986. /Global Cement
UAECEMENT.COM - Jul,9 ,2022

FLSmidth to supply preheater and mills for upcoming Asian cement plant
Asia: FLSmidth says that it has won a contract to supply its low-NOx ILC preheater, an OK raw mill, an OK cement mill and other equipment to a cement plant in Asia. FLSmidth will deliver the equipment in 2023. The total value of the deal is US$56.1m. FLSmidth’s cement industry president Carsten Riisberg Lund said "This project showcases FLSmidth’s ability to deliver energy efficient technologies across the full cement flowsheet, and thereby support our customers in both increasing capacity and their sustainability efforts.” /Global Cement
UAECEMENT.COM - Jul,4 ,2022

MSG Group and Bedeschi agree to build plant in Somaliland
Somaliland: MSG Group of Companies through it s DIFC Dubai based subsidiary company Horn Holding Group ltd (HHG) has signed an agreement with Bedeschi SPA Italy for the construction of phase 1 of a full cement plant in Berbera, Somaliland. Phase 1, a grinding unit, will take about 18 months and will have production capacity of 0.7Mt/yr. The project has also achieved financing from reputed Italian Financial Institutions. The complete full plant project shall take three years to complete with a production capacity of 1.2Mt/yr of cement and 1.0Mt/yr of clinker. This article replaces an earlier version that erroneously stated that Raysut Cement was also involved in the project. MSG Group and Global Cement would like to make it clear that MSG Group is the 100% owner of this project. /Global Cement
UAECEMENT.COM - Jun,28 ,2022

Gujarat Sidhee Cement stops kiln due to high clinker inventory
India: Gujarat Sidhee Cement has stopped its kiln for a temporary period of 15 – 20 days due to high clinker inventory levels. Cement grinding and despatch will continue unabated. The cement producer operates an integrated plant at Sidheegram in Gujarat. /Global Cement
UAECEMENT.COM - Jun,25 ,2022

DG Khan Cement ships 50,000t of cement to the US
Pakistan: DG Khan Cement has despatched a shipment of 50,000t of cement for Houston, US, from Karachi. The Balochistan Times newspaper has reported that the shipment is the first of 12 consignments of the same size under an order for 600,000t of low-alkali cement. If successful, the order may double to 1.2Mt. The producer is using jumbo bags to transport the product on its 42-day journey overseas. Marketing director Fareed Afzal said that Pakistani businesses need to diversify their export markets and strengthen foreign currency reserves. He added that DG Khan Cement continues to reduce its products carbon footprints by using renewable energy, waste heat recovery (WHR) and alternate fuels (AF). /Global Cement
UAECEMENT.COM - Jun,21 ,2022

BUA Cement helps communities in Sokoto state
Nigeria: BUA Cement has donated a solar motorised borehole and medicines worth US$59,600 to eight host communities in Wamakko, Sokoto State. The company says that the efforts are aimed at alleviating the effects of local water scarcity and medicinal supply issues. /Global Cement
UAECEMENT.COM - Jun,13 ,2022

Taiheiyo Cement to introduce coal surcharge in September 2022
Japan: Taiheiyo Cement plans to introduce a coal surcharge for its cementitious products in September 2022 due to rising energy prices. It will use a surcharge system linked to the price of coal for one year until the end of August 2023. The first surcharge will be determined based on the price of coal in June 2022 and then disclosed in mid-August 2022. It will be revised every two months. The surcharge will be charged separately from the product price.The cement company said that, “Although we are trying to further reduce costs, it is not possible to absorb the unprecedented rise in costs only by corporate efforts.”/Global Cement
UAECEMENT.COM - Jun,13 ,2022

Whale Rock Cement cleared to resume operations
Namibia: The Namibian government has granted Whale Rock Cement permission to resume production of its Cheetah brand cement at its Otjiwarongo grinding plant. Authorities suspended operations at the plant on 10 May 2022.Labour Ministry acting executive director Lydia Indombo cited multiple contraventions of occupational safety regulations, including failure to issue personal protective equipment (PPE), failure to maintain good housekeeping, lack of sanitary conveniences and lack of first aid equipment, as the cause of the suspension. Indombo said "The ministry conducted verification inspections on 16 and 20 May 2022 to evaluate the compliance on the identified shortfalls and is satisfied with the level of compliance." She added that the ministry had recommended the resumption of production activities. /Global Cement
UAECEMENT.COM - Jun,02 ,2022


Saudi Arabia: Southern Province Cement has completed technical studies and commenced construction of a new 5000t/day line at its Jazan cement plant. The company will also build the infrastructure for another 5000t/day line at the site. Reuters new has reported that, together, the lines will replace the plant’s existing production lines. /Global Cement
UAECEMENT.COM - May,31 ,2022

Ramco Cements increases profit as earnings drop in 2022 financial year
India: Ramco Cements earnings before interest, taxation, depreciation and amortisation (EBITDA) in the 2022 financial year were US$169m, down by 17% year-on-year from US$204m in the 2021 financial year. The producer s profit after tax also rose by 17%, to US$115m from US$98m. The Hindu Business Line newspaper has reported that the company attributed its full-year earnings decline to increased fuel costs and reduced cement prices. In the fourth quarter of the 2022 financial year, power and fuel costs rose by 88% year-on-year to US$60.1m from US$31.9m.
UAECEMENT.COM - May,25 ,2022


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