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LATEST CEMENT INDUSTRY NEWS
Saudi cement output remains stable in 2021
Saudi Arabia: Cement output rose slightly to 53.7Mt in 2021 from 534Mt in 2021. Clinker output increased by 12% year-on-year to 55.1Mt from 49.2Mt. Cement exports fell by 32% to 1.44Mt from 2.13Mt but clinker exports grew by 50% to 6.73Mt from 4.50Mt. Saudi Cement remained the country’s largest clinker export but exports from Yanbu Cement and Arabian Cement grew sharply. /Global Cement
UAECEMENT.COM - Jan, 25,2022

Asia Cement (Russia) renews Freight One haulage contract
Russia: Asia Cement has extended its contract with Freight One for the transportation of its cement by rail from Chais, Penza region. The producer said that it will aim to dispatch 164,000t of cement under the contract in 2022. /Global Cement
UAECEMENT.COM - Jan, 15,2022

Ras Al Khaimah Cement seeks stake in Apex Holding
Bangladesh: UAE-based Ras Al Khaimah Cement is considering the acquisition of Chimera Investments’ and IHC Holding Company’s stakes in manufacturing and export holding company Apex Holding. Reuters news has reported that the board of Ras Al Khaimah Cement has yet to approve any agreement. /Global Cement
UAECEMENT.COM - Jan, 08,2022

Huaxin Cement completes acquisition of plants in Zambia and Malawi from Holcim
Malawi/Zambia: Huaxin Cement says it has completed its acquisition of Lafarge Zambia and Lafarge Cement Malawi. In late December 2021 the Chinese cement producer completed the equity delivery conditions for Lafarge Cement Malawi. This follows a similar process for Lafarge Zambia in late November 2021. In June 2021 Huaxin Cement said it had agreed to spend US$150m on purchasing a 75% stake in Lafarge Zambia and US$10m on acquiring Pan African Cement from Lafarge Cement Malawi. The former operates two integrated cement plants in Zambia with a combined production capacity of 1.5Mt/yr. The latter operates a 0.25Mt/yr grinding plant at Blantyre in Malawi. Following the completion of the takeover Huaxin Cement now intends to increase its cement grinding capacity in Malawi by 0.25Mt/yr. /Global Cement
UAECEMENT.COM - Dec, 28,2021

Oman Cement opens bids for new production line at Rusayl plant line
Oman: Oman Cement Company has invited contractors to submit bids for work at its integrated Rusayl plant. It wants to build a new 10,000t/day production line (Line 4) and upgrade an existing line (Line 3) to 5000t/day from 4000t/day. The plans were originally released in September 2021. The company also intends to shut down Lines 1 and 2 once work is completed. It was previously reported in October 2021 that the cement producer was spending US$300m on the project and that it had hired Switzerland-based PEG Resources. At this time the project had a commissioning date of 2024. /Global Cement
UAECEMENT.COM - Dec, 25,2021

Keralan state government to double cement capacity by 2024
India: The government of Kerala says that it will double the total cement production capacity in the state to 14.4Mt from 7.2Mt before 2024. The Times of India newspaper has reported that Industries Minister Pinarayi Rajeev told Keralans that the state government would build a grinding plant at Kinfra in Kannur’s Mattanur district and a blending plant at Kochi Port Trust. Commissioning of both projects is planned by the end of 2023. A second phase of the plan will see additional grinding plants established. /Global Cement
UAECEMENT.COM - Dec, 22,2021

Sichuan Shuangma Cement to change name to Sichuan Hexie Shuangma
China: Sichuan Shuangma Cement s board of directors voted in favour of a rebranding on 16 December 2021. In a filing to the Shenzhen Stock Exchange, the company stated that it will change its name to Sichuan Hexie Shuangma. The reason for the change is the producer s diversification away from its original business of cement production into other industries, making the ‘Cement’ element less relevant than it had previously been. Hexie is Chinese for harmony. /Global Cement
UAECEMENT.COM - Dec, 17,2021

Indian cement market forecast to grow by up to 13% in 2021 financial year
India: Ratings agency Crisil has forecast 11 – 13% year-on-year growth of cement sales volumes in the 2021 financial year. The Press Trust of India has reported that the agency predicted that high demand and increased fuel costs would precipitate a rise in cement prices to record levels before April 2022.In December 2021, petcoke prices rose by 80% year-on-year, while the price of imported coal had more than doubled. This has increased cement producers’ costs by 40%./Global Cement
UAECEMENT.COM - Dec, 14,2021

Ghadir Investment Cement Holding launches initial public offering
Iran: Ghadir Investment Cement Holding launched its initial public offering (IPO) on 11 December 2021. The Financial Tribune newspaper has reported that the company will seek to sell 5% of its shares. It expects to generate around US$8m from the IPO. /Global Cement
UAECEMENT.COM - Dec, 14,2021

Turkish Competition Board approves Erdmir s acquisition of Kümaş Manyezit Sanayi
Turkey: Steel company Erdmir has received the Turkish Competition Board (TCB) s approval for its acquisition of a 100% stake in refractory and magnesia producer Kümaş Manyezit Sanayi. Erdemir s parent company is OYAK Group, an industrial conglomerate with interests in cement alongside other industries. Thus, the TCB considered the deal s competition impacts on the cement industry. The board ruled that the vertical merger would not have a negative effect on competition because it does not give rise to horizontally affected markets, hence neither creating nor strengthening any dominant market position. /Global Cement
UAECEMENT.COM - Dec, 08,2021

Anhui Conch starts building 2.5Mt/yr cement plant in Uzbekistan
Uzbekistan: China-based Anhui Conch has started building a 2.5Mt/yr cement plant in Akhangaran district in Tashkent. It will invest US$200m in the upcoming plant, of which it has already spent US$16.7m on imported equipment, according to the Podrobno news agency. The plant will occupy a 183ha site./Global Cement
UAECEMENT.COM - Dec, 04,2021

Diamond Cement Group to acquire HeidelbergCement s Sierra Leone Cement Corporation stake
Sierra Leone: HeidelbergCement has agreed to sell its 50 percent stake in Sierra Leone Cement Corporation to Diamond Cement Group. Sierra Leone Cement Corporation s assets consist of the 500,000t/yr Freetown grinding plant. HeidelbergCement said that its regional activity will now focus on its key markets of Benin, Burkino Faso, the Gambia, Ghana, Liberia and Togo. /Global Cement
UAECEMENT.COM - Dec, 02,2021

FLSmidth powers INDOCEMENT’s move from coal to alternative fuels in Indonesia
As the cement industry transitions away from carbon dioxide-intensive fuels such as coal, the introduction of waste-to-energy solutions is becoming increasingly attractive – environmentally and financially. Particularly in Indonesia, challenges with landfilling and waste management have led the government to encourage the cement industry to be part of the solution. Operating three cement plants with a total capacity of nearly 25 tpy, INDOCEMENT is one of Indonesia’s leading cement producers. At its site on the outskirts of Jakarta, FLSmidth will deliver the new HOTDISC-S, which can turn a wide range of alternative fuels, including municipal waste and biofuels, into a reliable heat source for its SLC Calciner. /World Cement
UAECEMENT.COM - Nov, 29,2021

UltraTech Cement wins Indian Circular Economy Award 2021
India: The Federation of Indian Chambers of Commerce and Industry (FICCI) has awarded UltraTech Cement its Indian Circular Economy Award 2021 in the large enterprise category. The federation said that the award recognises UltraTech Cement s efforts to accelerate the development of a circular economic business model and celebrates its new impactful and innovative practices in 2021. /Global Cement
UAECEMENT.COM - Nov, 27,2021

CNBM International Engineering commissions 2.1Mt/yr cement plant in Indonesia
Indonesia: China-based China National Building Material (CNBM) International Engineering has commissioned a 2.1Mt/yr cement plant at Grobogan, Semarang, in Central Java for GITI Group. The 6000t/day project was ignited and started production in mid-November 2021. Work on the US$350m project originally started in late 2017. GITI Group is a conglomerate based in Singapore principally known for tire manufacture. /Global Cement
UAECEMENT.COM - Nov, 25,2021


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