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News August 2025

August 2025

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Valencia cement plant only using a quarter of its production capacity

26 January 2018

Venezuela: A cement plant at Valencia in Carabobo is only using 25% of its production capacity due to a lack of government investments. The plant was nationalised in 2017, according to the El Carabobeno newspaper. Reportedly it is the only plant out of four in the local area that is still operating.

Published in Global Cement News
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Portland Cement Association sticks to ‘favourable’ forecast for US market

25 January 2018

US: Ed Sullivan, the Portland Cement Association’s (PCA) Senior Vice President and Chief Economist says that economic momentum supported by tax reform and federal infrastructure programs will play key roles in the demand for construction in the next few years. Sullivan made his comments at the World of Concrete event in Las Vegas, where he revealed details from his forthcoming spring forecast.

“There is little doubt that the near-term outlook for construction and cement consumption in 2018 and 2019 remains favourable,” said Sullivan. “Strengthening economic conditions, with the addition of fiscal stimulus, and in the context of already low unemployment could awaken inflationary pressures. Down the road, this could lead to an even more stringent monetary policy, leading to an acceleration in interest rate increases and an eventual cooling of construction markets. If this scenario plays out, it will likely take time to gestate and not materialise to a significant degree until after 2019.”

Sullivan noted the strong economy comes in context of continued strain to find skilled workers, including those needed for construction projects. Weather conditions and other economic factors prompted PCA to revise its 2017 Fall Forecast down slightly, though it says that its ‘fundamental’ assessments pertaining to the economy, construction markets, and cement consumption remain on target.

The PCA Spring Forecast will be released in early March 2018.

Published in Global Cement News
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Belarusian Cement Company increases exports by 42.6% to 1.4Mt/in 2017

25 January 2018

Belarus: The Belarusian Cement Company increased its exports of cement by 42.6% year-on-year to 1.4Mt/yr in 2017. The exported cement had a value of US$682.m, according to the Belarusian Telegraph Agency. The company has attributed the rise on an efficiency drive that it says has reduced the cost of production by 50%. The company mainly exports to the Commonwealth of Independent States region but it has started selling its product in parts of the European Union, including Poland and Latvia. It plans to increases its exports by 4% in 2018, partly by introducing 35kg bags.

Published in Global Cement News
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Ukrainian cement production rises by 23% to 9.3Mt in 2017

25 January 2018

Ukraine: Cement production rose by 2.3% year-on-year to 9.3Mt in 2017. In 2016 it rose by 7.1% to 9.1Mt, according to the Ukrainian News Agency. Despite the growth in 2017 production fell slightly in December 2017. 15 companies produce cement in the country with a total production capacity of 25Mt/yr.

Published in Global Cement News
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Holcim España invested over Euro2m in Jerez cement plant in 2017

25 January 2018

Spain: LafargeHolcim’s subsidiary Holcim España invested over Euro2m in its cement plant at Jerez during 2017. The work included environmental improvements, changes to the despatch areas and health and safety upgrades such as fire detection systems in its fuels storage zones. The plant also introduced a sulphate-resistant cement product (CEM IV/A (V) 42,5 R/SR) in May 2017 targeted for marine applications.

Published in Global Cement News
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Legal firm suspends anti-competition fine for Calme

25 January 2018

Italy: Legal firm Eversheds Sutherland has suspended a Euro1.8m fine imposed by the Italian Competition Authority on Calme. Fines were made to a number of Italian cement producers in August 2017, according to the Il Sole 24 Ore newspaper. They were in relation to allegations of price fixing and market share coordination between 2011 and 2016.

Published in Global Cement News
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Realignment of the South Korean cement industry continues

24 January 2018

Asia Cement has completed its purchase of Halla Cement this week for US$723m. The deal has created the third largest cement producer in South Korea with a cement production capacity. This includes one integrated plant at Okgye, three slag grinding plants and a distribution network.

Graph 1: Cement producers in South Korea by cement production data from 2016. Chart includes mergers in 2017 and 2018 to represent current market share. Source: Korea Cement Association. 

Graph 1: Cement producers in South Korea by cement production data from 2016. Chart includes mergers in 2017 and 2018 to represent current market share. Source: Korea Cement Association.

The Halla Cement transaction marks an on-going consolidation process in the local industry. 2017 proved a busy year with the purchase of Daehan Cement by Ssang Yong Cement and Hyundai Cement by Hanil Cement. Assuming the dust has settled this now leaves Ssang Yong Cement and its new subsidiary in the lead by cement production data from 2016 with 12.9Mt or a 23% market share, Hanil Cement next with 12.4Mt or a 22% share and Asia Cement with 10.8Mt or a 19% share. Overall the country produced 56.7Mt of cement in 2016, according to Korea Cement Association data. The remainder of production is shared between six producers.

Fears that the construction industry may have been about to slow down might have prompted Glenwood Private Equity and Baring Private Equity Asia to sell Halla Cement a little earlier than expected. However, they don’t appear to have done too badly out of this. The two private equity firms that bought Halla Cement from LafargeHolcim in 2016 seem to have made a cool US$180m on the deal. At the time it was reported in the local press that they paid US$542m for the cement producer. Glenwood Private Equity was the lead investor followed by Baring Private Equity Asia. They bought Lafarge Halla Cement in May 2016 and then were looking for buyers a year later in August 2017.

Cement consumption in South Korea has followed a rollercoaster path since 1992 hitting a high of 61.7Mt in 1997 and a low of 43.7Mt in 2014. It then rose to 55.8Mt in 2016. The consolidation behaviour by the cement producers suggests either a poor performing market or an uncertain one. Since the gap between the peak and the trough is more than Halla Cement’s production capacity no wonder its private equity owners were keen to get shot of it at the first sign of trouble. So let’s end with the words of Han Chul Kim, Managing Director of Baring Asia, from the time of the purchase from LafargeHolcim in 2016: "We couldn’t imagine a more solid platform from which to access the growth opportunities in the Korean market in the coming years.”

Published in Analysis
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Samson Materials appoints Dale Lockley as managing director

24 January 2018

UK: Samson Materials has appointed Dale Lockley as its managing director. He joined the subsidiary of Aumund in 2016 as Senior Project Manager and later worked as Program Delivery Manager. Lockley is a trained mechanical engineer with over 20 years of experience working within and leading international multidisciplinary teams and developing materials handling technologies of worldwide operating companies, including more than seven years as managing director.

Published in People
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Rexa appoints Geoff Hynes as president

24 January 2018

US: Rexa has appointed Geoff Hynes as its president and chief executive officer (CEO). He succeeds Sam Lalos. Hynes has worked for Rexa for his entire career in a variety of roles, including Factory Assembly, Direct and Regional Sales, Aftermarket Manager, International Sales Manager and Director of Sales.

Other appointments include Robert Sass’ promotion to Director of Customer Support. Michael Murphy has become the Director of Sales and Marketing and Nicholas Lalos has been appointed as a Marketing Manager.

Rexa manufactures actuators and drives for a variety of industries including the mining and power generation sectors.

Published in People
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Lyndon Flower appointed as Business Development Manager by Vortex

24 January 2018

US: Vortex has appointed Lyndon Flower as a Business Development Manager for its USA & Canada division. His focus will be on working with manufacturers’ representatives, regional and territory sales managers, and industry specialists to further expand the sales of Vortex products in the dry bulk material handling industry. Previously, Flower served as vice president and general manager at A&J Mixing International for 18 years until the company was acquired by Smico in 2015. Since then, he has been focused on sales and marketing efforts for the A&J Mixing line.

Published in People
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