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News August 2025

August 2025

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Dangote Cement reports first-quarter rise in earnings and revenue in 2020

27 May 2020

Nigeria: Dangote Cement has recorded earnings before interest, taxation, depreciation and amortisation of US$293m in the first quarter of 2020, up by 2.2% year-on-year from US$287m in the first quarter of 2019. Sales rose by 3.8% to US$639m from US$616m. Cement sales volumes fell by 0.6% amid a total suspension of South African operations from late March 2020 due to the coronavirus lockdown.

Dangote Cement chief executive officer (CEO) Michael Puchercos said, “2020 started strongly, with growth across the board despite the early effects of the COVID-19 pandemic. We are closely monitoring all markets according to the guidance provided by the authorities in each country. We continue to provide superior services and deliver high quality products to our customers.”

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Aïn Touta Cement awarded ISO certifications

27 May 2020

Algeria: The Aïn Touta Cement (SCIMAT) plant near Batna has been awarded two conformity certificates, according to the Ministry of Industry and Mining. The subsidiary of Public Industrial Cement Group of Algeria (GICA) has earned ISO 45001: 2018, relating to the occupational health and safety management system, and ISO 50001: 2018, related to energy management.

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Holcim Philippines restarts production at Bulacan, Davao and La Union cement plants

26 May 2020

Philippines: Holcim Philippines has announced its full return to cement production across all integrated plants after it resumed operations at its 3.3Mt/yr Bulacan, Norzagaray plant, 2.1Mt/yr Davao, Ilang plant and 1.2Mt/yr La Union, Bacnotan plant. The company’s 1.8Mt/yr Lugait, Misamis Oriental plant remained open throughout the coronavirus lockdown. It says that it started to reopen plants and terminals from mid-March 2020 after national and local governments began to ease the lockdown.

Holcim Philippines president and chief executive officer (CEO) John Stull said, “We are ready to continue supporting our partners nationwide as they build important structures and contribute to reinvigorating the economy. Holcim Philippines is determined to ensure the wellbeing of our people, communities and business partners in our operations consistent with our core value of health and safety. Our company is also ready to share our expertise on this area to government and private sector partners to further contribute to the recovery efforts.”

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Uzbek government lifts cement import ban

26 May 2020

Uzbekistan: Imported cement has begun to enter Uzbekistan after the government ended a ban on the ‘import of cement products’ on 23 May 2020. Uzbekistan Daily News has reported that the protectionist measure was lifted due to a spike in cement demand from the construction sector following an easing in the country’s coronavirus lockdown.

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Birla Corporation reports 52% profit growth in fourth quarter

26 May 2020

India: Birla Corporation has recorded a consolidated net profit of US$25.8m over the three months ending 31 March 2020, the fourth quarter of the Indian fiscal year 2020, up by 52% year-on-year from US$16.9m in the fourth quarter of the fiscal year 2019. Sales were US$223m, down by 5.5% from US$247m. This was due to the impacts of the coronavirus outbreak, which ended dispatches from late March 2020.

Birla Corporation said, “Despite muted market conditions, the company was able to raise price realisation through judicious adjustment of geographic and product mix aimed at increasing the share of blended and premium cements.”

Birla Corporation’s full year net profit for the fiscal year 2020 was a record US$66.7m, nearly doubling from US$33.7m in the fiscal year 2019.

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Vietnamese cement sales fall by 7% in first four months of 2020

26 May 2020

Vietnam: Producers sold 29.2Mt of cement between 1 January and 30 April 2020, down by 7% year-on-year from 27.3Mt over the corresponding period of 2019. The Vietnam National Cement Corporation (VICEM) has reported that domestic sales fell by 4% to 19.3Mt (66% of total sales) and exports fell by 11% to 9.90Mt (34%), according to the Việt Nam News newspaper. April 2020 cement sales were just 8.08Mt, including 2.42Mt of exports, due to the effects of the coronavirus lockdown on cement demand from construction.

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Iskitimcement begins CEM-II slag cement production

26 May 2020

Russia: Iskitimcement has announced the beginning of CEM-II ground granulated blast furnace slag (GGBFS) cement at its Iskitimcement plant in Novosibirsk Oblast. Regional Weekly News has reported that the cement will be used in road base concrete production and soil reinforcement. Iskitimcement says that the cement has high frost, abrasion and impact resistance and strength of over 5.5MPa. It will sell the cement, the seventh type produced at the plant, in 25kg, 50kg and 1t bags.

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Sumitomo Osaka Cement reports 40% profit growth in fiscal year 2020

22 May 2020

Japan: Sumitomo Osaka Cement’s net profit in the fiscal year that ended on 31 March 2020 was US$102m, up by 40% year-on-year from US$72.7m in the fiscal year 2019. Sales fell by 2.4% to US$2.28bn from US$2.34bn. This was due to the collapse in cement demand following the coronavirus state of emergency declared in Tokyo and six other prefectures on 7 April 2020.

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Votorantim Cimentos’ first-quarter loss rises in 2020

22 May 2020

Brazil: Votorantim Cimentos recorded a loss of US$68.4m in the first quarter of 2020 compared to a loss of US$2.71m in the corresponding period of 2019. However, sales rose by 2.4% year-on-year to US$465m from US$454m.

Votorantim Cimentos said that it is ‘closely monitoring the situation’ resulting from the coronavirus outbreak and is ready ‘to institute new measures should they be needed.’ It said that it has ‘a solid liquidity position, reinforced by available revolving credit facilities, amounting to US$500m.’

“The company is in a strong position to combat the impacts of the COVID-19 crisis,” it said.

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Competition Commission of India approves Nuvoco Vistas’ Emami Cement acquisition

22 May 2020

India: Nuvoco Vistas has received approval from the Competition Commission of India for its 100% acquisition of Emami Cement from Emami Group. Reuters has reported that the acquisition, through which Nuvoco Vistas enters the Bihar and Odisha markets, brings its installed cement production capacity to 23.5Mt/yr.

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