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LATEST CEMENT INDUSTRY NEWS
Metallurgical Industries Holding sells stake in Egyptian Tourah Portland Cement
Egypt: Metallurgical Industries Holding has sold its 18% stake in Egyptian Tourah Portland Cement for just under US$3m. Mubasher has reported that Arab African International Securities (AAIS) acted as broker for the transaction. In October 2019, the Financial Regulatory Authority (FRA) approved HeidelbergCement subsidiary Suez Cement’s mandatory tender offer (MTO) for 100% acquisition of Egyptian Tourah Portland Cement for around US$33m. /Global Cement
UAECEMENT.COM - Dec, 02,2020

Shiva Cement to spend US$200m on new integrated plant in Odisha
India: Shiva Cement plans to invest around US$200m towards a new integrated cement plant in Sundergarh district, Odisha. The 1.36Mt clinker unit will also include a 1Mt/yr grinding unit, an 8MW waste heat recovery (WHR) unit, 4Mt/yr crushing plants at its dolomite and limestone quarries, a connecting 10km belt conveyor and a dedicated railway siding with a 12km track to the main network. ThyssenKrupp Industries India will supply a 4000t/day clinker production line for the project. Larsen & Toubro has been awarded the contract for civil, mechanical and refractory erection work. The unit is expected to create around 500 jobs directly and indirectly. Commissioning is scheduled to take place by March 2022. Parth Jindal, the managing director of JSW Cement said, "The new clinker unit at Shiva Cement in Odisha will provide a strategic advantage to service the needs of our customers in the region and further strengthen JSW Cement s leadership position in the Green Cement category in India.” The subsidiary of JSW Cement intends to use the new plant as a strategic hub to access markets in the east of the country. It is part of the group s aim to achieve a production capacity of 25Mt/yr by 2025. /Global Cement
UAECEMENT.COM - Nov, 28,2020

Lafarge Cement Zimbabwe reports cement demand increase leading to shortage
Zimbabwe: Lafarge Holcim subsidiary Lafarge Cement Zimbabwe has said that cement demand has increased by 34% quarter-on-quarter in the third quarter of 2020 following the end of the national coronavirus lockdown. Business Weekly News has reported that the company said that cement demand in July 2020 was the highest in that month since July 2003 due to a 7% year-on-year sales rise. Company chair Kumbirai Katsande said, “As business activity progressively continued to gain momentum into the third quarter of 2020, the demand for cement consequently outstripped supply, causing considerable supply backlog.” Katsande said that the shortage will ease as demand decreases “associated with rainfall” in the fourth quarter of 2020. /Global Cement
UAECEMENT.COM - Nov, 28,2020

Qatari Cement production rises in September 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. /Global Cement
UAECEMENT.COM - Nov, 21,2020

Tanzanian prime minister orders probe into cement shortage
Tanzania: Prime Minister Kassim Majawali has ordered regional commissioners to investigate a cement shortage that has reportedly caused a price rise. The Daily News newspaper reports that, in response to price rises first noted in October 2020, Majawali has requested a report by 20 November 2020, and questioned the part that cement producers had played in the issue. He said, “For those who use coals, we have enough to supply them. Clinker is also available at the same market price. We need an explanation behind cement price hiking." Producers have refuted the accusation that they caused cement prices to rise. /Global Cement
UAECEMENT.COM - Nov, 18,2020

BUA Cement donates transformers to Okpella Community
Nigeria: BUA Cement has donated six transformer units with a total capacity of 400kW to Okpella Community in Edo State. The Daily Independent newspaper has reported that the company’s aim is to improve local access to electricity. Managing director and chief executive officer (CEO) Yusuf Binji said, “Our commitment to sustainability, sustainable development goals and sustainable business practices will remain critical to our business at BUA Cement. We will keep pursuing an inclusive, safe, resilient, and sustainable environment. corporate social responsibility is how we colour the lives of those around us.” /GlobalCement
UAECEMENT.COM - Nov, 16,2020

Raysut Cement breaks ground on Duqm grinding plant project
Oman: Raysut Cement has held the groundbreaking ceremony for its new 1.0Mt/yr Duqm grinding plant. The project will cost US$30m. Chief executive officer (CEO) Joey Ghose said that, when operational, the plant will “contribute significantly to our ambitious capacity expansion targets of 10Mt/yr by 2022, which is expected to be further scaled up to 22Mt/yr in the near future. Secondly, it will help us generate more employment opportunities, aiding our efforts to enhance social and economic progress in Oman.” The company acquired the lease to the site in the Port of Duqm in September 2019 as part of an on-going series of ‘calibrated’ investments in “locations where demand is high and locally available additives are at close proximity.” Ghose added, “Our aim is to develop Raysut Cement into a global leader in cement manufacturing, supply and exports, and the development of Duqm is an important element in this strategy. Our expansions are dovetailed to the opportunities that exist and are upcoming in the markets we focus on, for instance in East Africa - a booming market for the next 50 years.” /Global Cement
UAECEMENT.COM - Nov, 11,2020

Dangote Cement increases nine-month sales by 12% to US$2bn
Nigeria: Dangote Cement has reported group sales of US$2.00bn in the first nine months of 2020, up by 12% year-on-year from US$1.79bn in the first nine months of 2019. Its cement volumes rose by 7% to 19.2Mt from 18.0Mt, while its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 17% to US$934m from US$797m. Chief executive officer (CEO) Michel Puchercos said, “Dangote Cement s strategy to offer high quality products at competitive prices is meeting customers expectations in Nigeria and across the continent, where we continue to deploy excellent marketing initiatives and operational excellence. We remain committed to protecting our staff and communities by being fully compliant with health and safety measures in all our territories of operation. We are focused on adapting to the rapidly evolving markets in which we operate.” The group said, “By 2021, all our countries of operation are estimated to return to growth, and we are well positioned to capture the demand eventually driven by this economic growth. We have seen a strong recovery across our operations in the third quarter of 2020, which is our strongest third quarter to date.” It added, “Our vision is for West and Central Africa to become cement and clinker independent, with Nigeria being the main export hub. This will notably contribute to the improvement of regional trade within the Economic Community of West African States (ECOWAS) region and beyond with the African Continental Free Trade Area (AfCFTA).” /GlobalCement
UAECEMENT.COM - Nov, 10,2020

Huaxin Cement plant named on National Green Manufacturing 2020 list
China: The Ministry of Industry and Information Technology has named Huaxin Cement’s Yangxin plant in Hubei province on its National Green Manufacturing 2020 list. The list includes industrial facilities that have taken successful measures towards sustainability and pollution reduction. The company said that the plants have together invested US$15m in “dust collection system transformation, rain and sewage separation projects, mill sound insulation and noise reduction treatment, kiln bypass air release and other large-scale environmental protection projects, supplemented by “greening and cleaning” and tree planting.” It added that the plant processes 219,000t/yr of refuse-derived fuel (RDF), saying, “This signifies our successful transformation from a traditional cement company to a green and environmentally friendly building materials company.” /global cement
UAECEMENT.COM - Nov, 07,2020

Lafarge Africa’s sales rise as profit drops
Nigeria: LafargeHolcim subsidiary Lafarge Africa recorded sales worth US$412m in the first nine months of 2020, up by 13% year-on-year from US$365m in the corresponding period of 2019. Its profit for the period was US$68.8m, down by 1% from US$69.6m. Chief executive officer Khaled El Dokani said that the company proved resilient to the impacts of the Covid-19 outbreak at the start of the period due to its “turnaround and cost-reduction strategy, and the divestment of the South African business.” /Global Cement
UAECEMENT.COM - Nov, 04,2020

Egyptian cement sales rise to 3.8Mt in September 2020
Egypt: Cement sales rose by 10% month-on-month to 3.8Mt in September 2020, the highest figure since April 2020. However, year-on-year sales for the month fell by 12.5%, according to the Daily News Egypt newspaper. Naeem Research said that cement demand remains 15% below where the market should be due to the coronavirus pandemic. The local cement production capacity utilisation rate is estimated to be 56%. /Global Cement
UAECEMENT.COM - Oct, 31,2020

Construction of 3.5Mt/yr Duqm cement plant set to begin in Oman
Oman: Duqm Cement Projects International (DCPI) is set to begin construction of its new 3.5Mt/yr-capacity integrated cement plant at the port of Duqm. The Times of Oman newspaper has reported the value of the company’s investment in the plant as US$435m. DCPI said, “The economy of scales resulting from the envisaged capacity of 10,000t/day, coupled with the latest technology, would help us in achieving our aim of becoming one of the most efficient cement producers in the region.” /Global Cement
UAECEMENT.COM - Oct, 28,2020

Ambuja Cement grows nine-month profit in 2020
India: Ambuja Cement’s profit in the first nine months of 2020 was US$176m, up by 21% year-on-year from US$146m in the first nine months of 2019. It revenues dropped by 7.8% to US$1.07bn from US$1.16bn, primarily due to the impacts of the Coronavirus outbreak. It said that this was likely to continue to affect results into the fourth quarter of 2020. /Global Cement
UAECEMENT.COM - Oct, 26,2020

Northern Region Cement begins oil well cement production
Saudi Arabia: Northern Region Cement has begun oil well cement production at its 2Mt/yr-capacity Arar integrated cement plant in Northern Borders Province. Mubasher News has reported that the company will begin sale of the cement in early 2021. The American Petroleum Institute (API) has certified the product. /Global Cement
UAECEMENT.COM - Oct, 26,2020

Kilns break down at Akhangarancement and Almalyk Mining and Metallurgical Combine cement plants
Uzbekistan: Cement sales volumes has decreased by 29% to 5000t/day from 7000t/day at the Akhangarancement cement plant in Toshkent and by 55% to 5000t/day from 11,000t/day at the Almalyk Mining and Metallurgical Combine cement plant in Jizzakh. Uzbekistan Newsline has reported the cause of the decline as the breakdown of two kilns at the plants. This has led to a decrease in domestic cement production to 37,000t/day and sales to 35,000t/day, resulting in a slight price increase. Prices had previously been falling due to the effects of the post-coronavirus lockdown economic recovery. /Global Cement
UAECEMENT.COM - Oct, 22,2020


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