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News 01 June 2021

01 June 2021

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Lamanka Enterprises acquires 84% stake in Akhangarantsement

01 June 2021

Uzbekistan: Cyprus-based Lamanka Enterprises has acquired an 84% stake in Akhangarantsement. The value of the deal was US$52.5m, according to the Ria news agency. In early March 2021 Russia-based Eurocement put its 84% share in the Uzbek cement producer on sale. The company operates the second largest integrated plant in the country.

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Indian cement producers’ petcoke use fell amid rising fuel prices in fourth quarter of 2021 financial year

01 June 2021

India: Cement producers reduced the proportion of coal in their fuel mixes during the fourth quarter of the local 2021 financial year. Ramco Cements’ petcoke use was 41% in the 2021 financial year compared to 48% in the 2020 financial year, according to Mint News. Dalmia Bharat subsidiary Dalmia Cement used 52% petcoke in its cement fuel in the fourth quarter of the 2021 financial year, which ended on 31 March 2021, compared to 70% in the year’s third quarter. In the same comparison periods, Aditya Birla subsidiary UltraTech Cement reduced its petcoke share to 30% from 77%. It replaced the fuel with 60% coal, compared to 10% in the third quarter of the 2021 financial year.

Petcoke prices more than doubled year-on-year to US$130/t in the fourth quarter of the 2021 financial year, leading cement producers to switch fuels. Coal prices have resultantly risen by 82% to US$100/t. Producers rely on imports for both commodities.

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Vietnam’s four-month cement exports increase by volume and value in 2021

01 June 2021

Vietnam: Vietnam’s cement exports totalled 14.9Mt in the first four months of 2021, up by 42% year-on-year from the levels in the corresponding period of 2020. China imported 7.38Mt (50%) of Vietnamese cement exports, up by 53% year-on-year. The Philippines imported 2.51Mt (17%), up by 17%, and Bangladesh imported 1.87Mt (13%), up by 38%.

The Viet Nam News newspaper has reported the total value of Vietnamese cement exports for the period as US$563m. China’s value of Vietnamese cement imports was US$258 (46%), the Philippines’ was US$112m (20%) and Bangladesh’s was US$63.1m (11%).

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North Sulawesi records 63,000t-worth of cement exports in May 2021

01 June 2021

Indonesia: The newly cement producing province of North Sulawesi on Celebes exported 63,000t of cement in May 2021. The Philippines News Agency has reported the value of the exports as US$2.18m. The main destination for the province’s exported cement was Malaysia, which received 32,500t (51%) for US$1.10m, corresponding to 50% of the total value. Taiwan imported 23,500t (37%) for US$764,000 (35%) and the Philippines imported 1.87Mt (13%) for US$317,000 (15%).

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Cemex UK trials FHOSS cyclist warning system on seven vehicles in UK truck fleet

01 June 2021

UK: Cemex UK has agreed to trial a new cyclist warning system produced by road safety specialist FHOSS. The supplier says that the system alerts truck drivers to cyclists in their left-hand side blind spot. For the trial, Cemex UK will install the system in a Rugby-based cement tanker, a London-based rigid tipper and six London-based mixers.

UK and France Supply Chain Director David Hart said, “This new safety technology from FHOSS supports our road safety strategy, which is all about helping save lives.” He added, “Operating large cement tanker and aggregate tipper fleets means we are always looking at innovative technology that will aid the driver and protect vulnerable road users.”

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