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LATEST CEMENT INDUSTRY NEWS
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

Samrat Cement and Dang Cement receive approval for new cement plant investments
Nepal: The Investment Board Nepal has granted approval to Samrat Cement and Dang Cement for cement production at their upcoming integrated cement plants. New Business Age has reported that Samrat Cement will begin production at its 1.3Mt/yr cement plant in Dang Region in December 2020, and plans to increase the plant’s capacity to 1.6Mt/yr after a total investment of US$132m. Dang Cement’s 2.0Mt/yr cement plant, also in Dang region, is due for commissioning in late 2023 at a total investment cost of US$277m. Samrat Cement Chair Mukunda Timilsina said, “We have brought modern machineries with German technology and skilled manpower is coming from India for this purpose.” He added that the plant will directly employ 500 local people and supply cement throughout western Nepal. /Global Cement
UAECEMENT.COM - Oct, 22,2020

Oman Cement increases nine-month profit by 3.7% in 2020
Oman: Oman Cement recorded a profit of US$7.27m in the first nine months 2020, up by 3.7% year-on-year from US$7.01m. Reuters News has reported that revenues rose by 4.3% to US$10.4m from US$9.95m. /Global Cement
UAECEMENT.COM - Oct, 19,2020

Portland Cement Association forecasts cement demand decline in 2020 and 2021
US: The Portland Cement Association (PCA) has forecasted a fourth-quarter cement demand decline of 1.5% year-on-year in 2020, slowing to 0.9% throughout 2021. It said that all three of its post-coronavirus economic recovery scenarios involved a decline until mid-2021, primarily due to “weak construction sectors specifically within retail, hotel and office” non-residential markets, though in the best-case scenario a vaccine could prompt a recovery in these sectors, reducing total demand decline to 0.1% in the second half of 2021. A worst-case W-shaped scenario would result from state governments implementing second lockdowns. Senior vice president and chief economist Ed Sullivan said, “We think that the gradual sustained recovery – the U – has the largest likelihood, followed by the vaccine scenario. The growth-interrupted W scenario is the least likely. He said that in each case federal spending in the fourth quarter of 2020 and the first quarter of 2021 would be essential “in preventing a deep and prolonged downturn in economic recovery,” as it did in the second and third quarters of 2020. /GlobalCement
UAECEMENT.COm - Oct, 18,2020

Raysut Cement acquires 75% stake in Lafarge Maldives
Maldives: Oman-based Raysut Cement has announced its acquisition of a 75% stake in Lafarge Maldives for US$8m. The subsidiary of LafargeHolcim operates the 9000t-capacity Thilafusi cement terminal on the island of Thilafusi, Kaafu Atoll, which it opened in June 2015. /Global Cement
UAECEMENT.COM - Oct, 13,2020

Huaxin Cement predicts 44% nine-month profit drop in 2020
China: Huaxin Cement has published a figure for its predicted profit for the first nine months of 2020 of US$135m, down by 44% from US$241m in the first nine months of 2019. The company attributed the forecasted decline “mainly to the severe impact of the coronavirus epidemic in the first half of 2020 and the large-scale flooding in the River Yangtze in July.” It added, “The production and sales of the company s leading products were greatly affected, and prices also fell, resulting in operating income decline.” The company noted that third-quarter profit is expected to increase by 5% year-on-year. /Global Cement
UAECEMENT.COm - Oct, 13,2020

China Machinery Engineering wins Erbil cement plant contract
Iraq: China-based China Machinery Engineering has secured a contract for the establishment of an integrated cement plant in Erbil, Kurdistan. Dow Jones Newswire Chinese News has reported that the plant is scheduled for completion in April 2023, at a total investment cost of US$210m. /Global Cement
UAECEMENT.COm - Oct, 10,2020

FLSmidth signs agreement for the acquisition of KnowledgeScape
FLSmidth has confirmed the signing of a definitive agreement for the acquisition of KnowledgeScape, a leader in digital optimisation solutions for the mineral processing industry. The addition of KnowledgeScape’s advanced solutions to FLSmidth’s already robust digital ENABLR™ portfolio will deliver an expanded range of benefits to customers, from increased automation to improved reliability and enhanced productivity. The KnowledgeScape™ portfolio has documented capabilities in increasing the total output of a processing plant by 4 – 10%. At the same time, their solutions reduce power, water and reagent consumption, which contribute significantly to the goals of FLSmidth’s MissionZero sustainability strategy. “With this acquisition, FLSmidth reinforces a strong track record of M&A and integration, with special emphasis on the retention of local talent. This acquisition will further solidify FLSmidth as a leading supplier of digital optimisation to the minerals processing industry,” adds Mikko Tepponen, CDO at FLSmidth. Dustin Collins, CEO, KnowledgeScape, states: “We are excited to join FLSmidth and become a part of its amazing team of mining solutions experts. We are looking forward to providing FLSmidth customers with ever improving optimisation technologies that save costs, time, and drive sustainability.” /WorldCement
UAECEMENT.COM - Oct, 06,2020

Pakistan government grants eight cement plant licences
Pakistan: Provincial Minerals Minister Hafiz Yasir has issued licences for the construction of eight new cement plants. The News International newspaper has reported that the state has already invested US$244m in one of the plants, and a further US$1.83bn-worth of upcoming cement production capacity will be located in the Punjab, Pakistan’s most populous province. /GlobalCement
UAECEMENT.COM - Oct, 06,2020

Suez Cement company to make bid for Egyptian Tourah Portland Cement
Egypt: The board of HeidelbergCement subsidiary Suez Cement has approved the launch of a tender offer for the company to acquire a 100% stake in Egyptian Tourah Portland Cement. Reuters News has reported the value of the deal as US$32.6m. /Global Cement
UAECEMENT.COm - Sep, 30,2020

Egyptian Cement to open new plant in Sohag in 2021
Egypt: Egyptian Cement Group s chief executive officer (CEO) Ahmed Abou Hashima says that the company plans to inaugurate its new cement factory in 2021. The plant is located in Sohag and has a total investment cost of US$285m, according to the Hapi Journal. The 2Mt/yr project was originally scheduled to open in the first half of 2020 but was delayed due to the coronavirus pandemic. /Global Cement
UAECEMENT.COM - Sep, 24,2020

Hazemag supplies pozzolan crushers to Northern Cement
Philippines: Germany-based Hazemag says that it has supplied two HRC 1230 roller crushers to Northern Cement’s 2.0Mt/yr Bulacan, Quezon cement plant. The supplier says that each crusher has a capacity of 800t/hr and will grind pozzolan, shale and silica in the plant’s additive crushing and handling line. /Global Cement
UAECEMENT.COM - Sep, 20,2020


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