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News 23 July 2021

23 July 2021

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UltraTech Cement increases sales and net profit in first quarter of 2021

23 July 2021

India: UltraTech Cement’s sales rose by 54% year-on-year to US$1.59bn in the first quarter to the end of June 2021 from US$1.03bn in the same period in 2020. Its net profit more than doubled to US$228m from US$107m. The group’s cement sales volumes grew by 47% to 21.53Mt.

Published in Global Cement News
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Breedon Group nearly doubles sales in first half of 2021

23 July 2021

UK: Breedon Group recorded first-half sales of Euro701m in 2021, up by 79% year-on-year from Euro391 in the first half of 2020. The group’s profit for the period was Euro27.8m, compared to a Euro16.1m loss in the first half of 2020. Its cement sales rose by 47% to Euro140m from Euro95.0m. Cement and ready-mixed concrete sales volumes increased by 50% to 1.2Mt and 70% to 1.7Mm3 respectively.

Chief executive officer Rob Wood said “Breedon delivered a strong trading result in the first half of 2021, building on the recovery in demand which started in the second half of last year. This resilient performance reflects the commitment and efforts of all our colleagues, who have each demonstrated the highest levels of enthusiasm, professionalism and flexibility in working safely across the business despite the challenges of the past fifteen months.” He added “Our first-half performance, current trading conditions and improved visibility for the remainder of the year combine to give us greater confidence in the outlook for 2021 and we now expect underlying earnings before interest and taxation for 2021 to be at the top end of market expectations.”

Published in Global Cement News
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Mozambican cement producers allege unfair pricing by Dugongo Cement

23 July 2021

Mozambique: Adil Cement, África Cement Factory, Maputo Cement, National Cement, Limak Cement Factory, Royal Cement and Suneira Cement Fonte have written a letter to the Ministry of Industry and Commerce complaining about ‘unfair’ pricing by Dugongo Cement. They allege that the pricing of their Chinese-backed rival breaks local competition law and has caused harm to their businesses, according to Moçambique Media Online. The price of cement has reportedly dropped by as much as 70% since Dugongo Cement’s new plant opened in May 2021.

Published in Global Cement News
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Schaeffler launches Optime condition monitoring system in Canada and the US

23 July 2021

Canada/US: Schaeffler has launched Optime, a condition monitoring system, on the Canada and US markets. The supplier says that the system consists of wireless vibrator sensors, a cellular gateway and a dedicated data collection app. The captured information is then processed and analysed by Schaeffler’s proprietary software and models. This can then be used to improve cement producers’ awareness of possible damage to components such as fans, motors and pumps.

Americas regional manager for condition monitoring and Industry 4.0 service solutions Frank Mignano said “With Optime, comprehensive and automated condition monitoring is now a cost-effective proposition for reliability personnel and facility operators.”

Published in Global Cement News
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Iraqi security forces retake Kubiasa cement plant from militants

23 July 2021

Iraq: Joint security forces have repelled militants from the Kubiasa cement plant in Al-Anbar province. Iraqi News has reported that 18 fighters from the Islamic State of Iraq and Syria (ISIS) were killed in the operation. The security forces also detonated four car bombs at the site.

Published in Global Cement News
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