Papua New Guinea’s limestone plan
The government of Chimbu Province, Papua New Guinea, plans to start the PGK 1 billion (€284.64 million/US$319.74 million) Chimbu limestone project before developing a nearby PGK 13 million hydrodam. According to Chimbu Governor Noah Kool, Salini Impregilo, which is the company involved in the hydrodam project, has allocated PGK 1 billion to purchase cement for the dam project.
Indonesia’s cement output to increase
The Indonesia Cement Association (ASI) has predicted the cement demand in Indonesia will increase by 5% from 2015 to 63 million tonnes in 2016. Meanwhile, cement output capacity is estimated to reach over 100 million tonnes in the next several years due to the opening of new factories by local and foreign cement makers.
Construction demand for UK’s mineral products flat over Q1
UK Mineral Products Association (MPA) sales of mineral products in the first-quarter of 2016 are said to provide hard evidence that recent construction activity has flattened out. While overall activity is still positive on an annual basis and higher than Q1 2015, sales of aggregates, ready-mixed concrete (RMC) and mortar have been static in recent months and asphalt sales have continued to decline.
Spain’s 2015 concrete output up 2.7%
According to the Spanish association Anefhop, in 2015, production of concrete in the country increased by 2.7% on the previous year to 16.363 million m³. It was the first time in eight years that the industry registered an increase in outputs.
Lafarge to increase cement plant waste recovery
Lafarge intends to further increase its replacement rate of fossil energies on the biggest cement plant in France at Saint-Pierre-la-Cour. The replacement rate of those fossil fuels currently used could reach 83% thanks to a new shredded solid waste recovery workshop which was inaugurated in March 2016.
HeidelbergCement in sustainable cement project
German building materials company HeidelbergCement has announced a project for sustainable cement making at its Lixhe facility in Belgium. The project, which has been granted funds worth €12 million (US$13.48 million) from the European Union, calls for the construction of a cutting-edge testing facility to study a new technology for the capture of CO2.
Turkey’s Sabanci Holding merger move
Turkish Sabanci Holding has merged its industry group and cement group departments.
The new department is now named the Industry Group and the head of the department is Mehmet Hacikamiloglu, who used to be the cement group department's president.
Lafarge Cement Zimbabwe hopes for 2016 profit
After recording a loss of US$1.9 million (€1.69 million) in 2015, Lafarge Cement Zimbabwe hopes to return to profitability in 2016. It is reported that Lafarge's sales volume for 2015 grew 2% year-on-year to US$61.55 million (€54.81 million).
Dangote Cement’s profit drop in Q1, 2016
For the first-quarter ended 31 March, 2016, Nigeria’s Dangote Cement recorded a 22.3% decline in net profit to NGN 54.4 billion (€243.17 million/US$273.16 million) from NGN 70.2 billion in the year-ago quarter.
Metso awarded largest long-term strategic services contract in North America
Metso has entered into a five-year, long-term strategic services partnership agreement with Tata Chemicals (Soda Ash) Partners to repair, rebuild, and service existing pyro-processing equipment and systems in its Green River, Wyoming, USA, operation.
Sandvik launches SanRemo for Crushers
Sandvik has launched SanRemo for Crushers, a system the company says builds on Sandvik’s highly successful ASRi automation system. Adding a wide range of additional control and monitoring features, SanRemo is already in place for other Sandvik product groups, such as drill rigs. As with Sandvik’s ASRi, SanRemo for Crushers ensures the desired closed side setting (CSS) is always maintained, compensating for moisture/hardness of feed material.
Buy from JK Cements Indian state told
The government of Jammu and Kashmir, India, has issued a directive to all departments in the state to only purchase cement from Jammu and Kashmir Cements (JK Cements), it is reported.
Cemex reaches agreement in principle for Grupo Cementos de Chihuahua US$400mn assets’ sale
Cemex has reached an agreement in principle for the sale of certain assets in the US to Grupo Cementos de Chihuahua (GCC) for US$400 million. The assets, which would be sold to a US affiliate of GCC, mainly consist of Cemex’s cement plants in Odessa, Texas and Lyons, Colorado, three cement terminals and the building materials business in El Paso, Texas and Las Cruces, New Mexico.
Holcim Mexico introduces new commercial strategy
Holcim Mexico, subsidiary of Swiss global building materials and aggregates group LafargeHolcim, has reorganised its commercial operation into four divisions: Building, Infrastructure, Industrial and Distribution, in order to adjust its activities to the company's global strategy. Holcim targets to reinforce its clients operation and to consolidate its position in the market.
Argentina: Cementos Molins to invest $189mn
Spanish cement company Cementos Molins will invest US$189 million (€168.25 million) creating 130 new direct jobs in Argentina. Xavier Molins, the company’s president, met Argentine President Mauricio Macri to discuss the company's plans in Argentina, where it is the main shareholder in Cementos Avellaneda, a company with two cement factories in Olavarria and San Luis, respectively, and five concrete plants.
Indonesia’s SI in talks over opposition to its plant
Semen Indonesia (SI), the state cement company, is open to hold talks with the public following opposition surrounding its Rembang cement plant. A senior SI official is reported as saying that many are in support of the plant but there are also those who oppose the setting up of the IDR 4.45 trillion (€300.13 million/US$337.06 million) plant.
Jidong Cement’s Q1 loss
In January-March 2016, China-based Jidong Cement reported a 34.28% year-on-year reduction in net profit with a loss of CNY 805 million (€110.27 million/US$123.87 million).
Pakistan’s March cement exports up
Exports of cement from Pakistan in February and March 2016 grew 1.47% and 20.58%, respectively, from 443,539tonnes to 534,804tonnes in March 2016. From July 2015-March 2016, the volume of cement delivered in the domestic market increased 17.69% on-year to 23.94 million tonnes, while exports in the same period dropped 19.02% to 4.41 million tonnes.
Kuwait Portland Cement profits drop
Kuwait Portland Cement has recorded a 41.7% drop in profits in fiscal year 2015 from KWD 8.26 million (€24.38 million/US427.39 million) in fiscal year 2014, to KWD 4.82 million. The cement producer agreed to pay 50% or KWD 0.05 a share as cash dividends for the year under review.
Indonesia’s SI secures capital of IDR 1tn
The managing director of Semen Indonesia (SI), is reported as saying that the state cement company has secured working capital of IDR 1 trillion (€67.48 million/US475.75 million) from Bank Negara Indonesia (BNI).