26 December 2018

Barbados: The Caribbean Court Of Justice has ruled in favour of Trinidad Cement on maintaining a 60% tariff on imports of cement. The subsidiary of Mexico’s Cemex and its own subsidiary Arawak Cement complained that import company Rock Hard Cement was only being taxed by 5%, according to the Nation News newspaper. However, the case will continue as the ruling only refers to hydraulic cement. It is unclear what classification of cement that Rock Hard Cement is importing.

India: Emami Cement has been granted permission by the National Company Law Tribunal (NCLT) to demerge its solar power assets. The cement producer has decided to focus on its core business, according to the Daily News and Analysis newspaper. The solar business part of the cement producer operates a 10MW plant at Gujarat Solar Park in Patan, Gujarat and a 3MW plant at Perunali in Tamil Nadu. The subsidiary of Emami Group will eventually be consolidated into sister company Emami Power.

Bolivia: The Potosí cement plant being built by Empresa Publica Productiva Cementos de Bolivia (ECEBOL) hopes to produce its first cement bag by December 2019. Work on the plant is over half-complete, according to the El Potosí newspaper. Construction work on the main platform of the preheater tower is continuing and civil engineering work on the mill has been completed. Most of the equipment for the project has been supplied. The plant is being built by Sociedad Accidental Imasa Polysius, a joint venture created by Polysius and Imasa. The US$240m unit will have a production capacity of 1.3Mt/yr when finished.