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News September 2025

September 2025

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China Resources Cement reports nine-month profit and turnover growth in 2020

26 October 2020

China: China Resources Cement’s nine-month profit for the period that ended on 30 September 2020 was US$954m, up by 28% from US$747m in the corresponding period of 2019. Reuters has reported that the company’s turnover was US$3.51bn, up by 1.7% from US$3.45bn.

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East Africa Portland Cement Company defaults on loan

26 October 2020

Kenya: East Africa Portland Cement Company has defaulted on a long-term loan from KCB Bank. The bank has demanded immediate repayment of the full loan, according to the Business Day newspaper. The cement producer’s current liabilities grew by 70% year-on-year to US$126m in the financial year to June 2019. In a report made to parliament Auditor-General Nancy Gathungu said, “This movement was largely due to the transfer of long-term loans to current liabilities on account of default on existing loan covenants.”

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Algerian Ministry of Trade plans to export cement surplus

26 October 2020

Algeria: The Ministry of Trade has drawn up a plan for the export of Algeria’s 20Mt/yr surplus cement, over 1.0Mt/yr of which is already being exported to Niger and other West African neighbours. Algeria Press Service has reported that the plan involves the country opening its land and sea borders for the cement, which constitutes 50% of the country’s 40Mt/yr total cement production.

Trade Minister Kamel Rexig said, “The surplus production will be exported and will thus guarantee an inflow of money amounting to US$900m/yr. The ministry has identified 10 national zones of production, including the export of cement, as a strategy for the year 2021.” He added, “The efforts made by economic and industrial operators to increase the volume of production intended for export in cement deserve to be encouraged.”

Algeria’s cement capacity first exceeded domestic consumption in 2017, prior to which it relied on cement imports from Tunisia.

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Sandvik to restructure Sandvik Crushing and Screening as Sandvik Rock Processing Solutions

26 October 2020

 

Sweden: Sandvik says that it will launch Sandvik Rock Processing Solutions in on 1 January 2021. The new business area will consist of its current Crushing and Screening division, which is part of the Sandvik Mining and Rock Technology business area at present. It said the reason for the restructure was “to accelerate profitable growth.”

Chief executive officer (CEO) Stefan Widing says, “Sandvik is market leading within rock processing, and our Crushing and Screening division is a well-performing business with exciting growth opportunities, operating quite independently, with its own manufacturing, sourcing and aftermarket. By establishing Rock Processing Solutions as a business area we will improve transparency and strengthen our growth ambitions within the area."

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Ambuja Cement grows nine-month profit in 2020

23 October 2020

India: Ambuja Cement’s profit in the first nine months of 2020 was US$176m, up by 21% year-on-year from US$146m in the first nine months of 2019. It revenues dropped by 7.8% to US$1.07bn from US$1.16bn, primarily due to the impacts of the Coronavirus outbreak. It said that this was likely to continue to affect results into the fourth quarter of 2020.

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Dalmia Bharat announces US$272m Kalaburgi cement plant plan

23 October 2020

India: Dalmia Bharat plans to build an integrated cement plant in Kalaburgi, Karnataka. BusinessLine Online News has reported that the plant will cost around US$270m.

The company already operates the 2.5Mt/yr Belagavi plant in the state, which it commissioned in March 2015. Chief Minister Bookanakere Yediyurappa said, “Karnataka is proud to be home to Dalmia Bharat group and look forward to strengthening the relationship further.”

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Northern Region Cement begins oil well cement production

23 October 2020

Saudi Arabia: Northern Region Cement has begun oil well cement production at its 2Mt/yr-capacity Arar integrated cement plant in Northern Borders Province. Mubasher News has reported that the company will begin sale of the cement in early 2021. The American Petroleum Institute (API) has certified the product.

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Ciments de Bizerte resumes cement exports

23 October 2020

Tunisia: Ciments de Bizerte dispatched its first batch of cement since 2008 from the Port of Bizerte on 19 October 2020. Agency Tunis Afrique Press has reported that the cement was sold on the Libyan market. The development follows Ciments de Bizerte’s investment in an upgrade of its quay at the Port of Bizerte.

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Kao Cement breaks ground on 1Mt/yr integrated cement plant project

23 October 2020

Niger: President Issoufou Mahamadou has launched the construction of the upcoming 1Mt/yr Kao cement plant at a ceremony at the integrated plant’s site in Kao, Tahoua Region. Minister of Industry Adeniyi Adebayo said that the US$290m plant will generate 314 jobs, according to the Angola Press Agency. It is expected to be completed by early 2022. Kao Cement is 33% owned by private investors from Niger and Mauritania.

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Shiva Cement prepares for new clinker unit

22 October 2020

India: Shiva Cement is preparing to break ground on an expansion project to set up a 4000t/day clinker unit and a 1Mt/yr grinding unit. The subsidiary of JSW Cement will spend around US$208m on the works from a mixture of debt and equity.

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