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News 09 March 2020

09 March 2020

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UltraTech announces Andhra Pradesh plant expansion plans

09 March 2020

India: Aditya Birla subsidiary UltraTech has announced plans for a 3.5Mt/yr clinker production capacity expansion to its integrated Andhra Pradesh plant in Bhogasamudram, Anantapur district, to 10Mt/yr from 6.5Mt/yr. The new kiln line will cost US$169m and reach completion in March 2022.

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Suez Cement records US$75.0m loss in 2019

09 March 2020

Egypt: Germany-based HeidelbergCement subsidiary Suez Cement’s losses fell by 11% year-on-year to US$75.0m in 2019 from US$84.1m in 2018. Mubasher News has reported that sales also fell, by 13% to US$41m from US$0.47bn.

Suez Cement is seeking buyers for its 51% stake in Kuwait-based Hilal Cement.

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Uzbekistan increases Iranian cement imports to the exclusion of other countries

09 March 2020

Uzbekistan: Uzbekistan imported 3.27Mt of cement in 2019, down by 6.8% year-on-year from 3.51Mt in 2018. The value of cement imported fell by 13% to US$154m from US$176m. Trend newspaper has reported that cement imports from Kazakhstan fell by 32% to 0.97Mt from 1.43Mt. Imports from Tajikistan and Turkmenistan also fell, but rose by 85% from Iran, to 0.59Mt from 0.32Mt.

Uzbekistan, which has a 12.9Mt/yr installed cement production capacity, removed its zero rate of customs duty on cement in October 2019 in order to help align domestic demand with production.

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Eagle Materials finalises Kosmos Cement acquisition

09 March 2020

US: Mexico-based Cemex has confirmed that its 75% subsidiary Kosmos Cement, which it holds jointly with a subsidiary of Italy-based Buzzi Unicem, has completed the sale of its 1.7Mt/yr integrated Louisville plant to Eagle Materials for US$665m. Cemex says that it will receive US$499m in proceeds from the sale.

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Pyongyang Times newspaper reports new line at Komusan Cement Factory

09 March 2020

North Korea: The Pyongyang Times newspaper has reported that the state-owned integrated Komusan Cement Factory in Komusan, North Hamgyong province, has successfully trialled cement production at a new dry line. The line will reportedly use lignite as fuel.

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