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News August 2025

August 2025

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Puerto Rican cement production falls by 50% in March and April 2020

19 May 2020

Puerto Rico: Puerto Rico’s two cement plants produced 37,100t of cement in March and April 2020, down by 55% year-on-year from 83,300t in March and April 2019. Domestic consumption over the period was 41,700t, down by 58% year-on-year from 98,800t. Esmerk Latin American News has reported that the decreases were caused by the suspension of construction work due to the government’s coronavirus lockdown.

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Cement sales surge in Paraguay

19 May 2020

Paraguay: Industria Nacional del Cemento (INC) has reported sales of 79,800 bags/day of cement between 4 May 2020 and 8 May 2020. Demand had collapsed in April 2020 due to restrictions on construction resulting from the coronavirus outbreak. Esmerk Latin American News has reported that newly reopened distributors collected their orders and that a number of customers purchased more than their usual volume in anticipation of a further easing of lockdown. INC has placed an order for 40,000t of imported clinker to help production to meet demand.

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Saudi Cement boosts first-quarter profit by 12% year-on-year

19 May 2020

Saudi Arabia: Saudi Cement has reported sales worth US$39.3m in the first quarter of 2020, up by 12% year-on-year from US$35.3m in the corresponding period of 2019. Sales grew by 15% year-on-year to US$120m from US$104m. The company attributed the increased profit margin to greater demand, which offset higher general, administrative, selling and distribution expenses.

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Boral to suspend clinker production at Berrima plant

18 May 2020

Australia: Boral has announced a planned three-week shutdown of the kiln at its 1.5Mt/yr integrated Berrima plant in New South Wales. The Financial Review newspaper has reported that Boral chief executive officer (CEO) Mike Kane said, ‘Revenues are down by 6% year-on-year in Australia in the first four months of 2020.’ He added that Australian cement volumes in the same period fell by 16% year-on-year and that there are fewer new orders than at the same stage of 2019 as a result of the coronavirus outbreak.

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Boral North American scales down operations due to coronavirus

18 May 2020

US: Boral North America has fully or partly suspended operations at four plants and made more than 1700 of its 6900 employees redundant. The Financial Review newspaper has reported that Boral North America chief executive officer (CEO) David Mariner will resign at the end of May 2020.

Australia-based Boral predicted a 3 - 5% year-on-year decrease in net profit in the first half of 2020. Boral chief financial officer (CFO) Ros Ng said, “Boral had US$839m of cash and undrawn liquidity at the end of April 2020.” The group announced a reshuffle of its debt facilities on 15 May 2020.

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HL Cement Malaysia and Ridge Star acquire Tasek Corporation

18 May 2020

Malaysia: Singapore-based Hong Leong Asia subsidiary HL Cement Malaysia has acquired an 88% stake in Tasek Corporation. Hong Leong Asia subsidiary Ridge Star has acquired the remaining 12% minority stake. MarketLine News has reported the total value of the deal as US$19.4m.

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Akkord Cement increases cement volumes by 20% so far in 2020

18 May 2020

Azerbaijan: Akkord Cement has reported sales of 237,000t of cement in the first four months of 2020, up by 20% year-on-year from 197,000t in the same period of 2019. April 2020 sales fell to 31,200t due to the impacts on demand of the coronavirus outbreak. Trend News has reported that Akkord Cement’s 1.0Mt integrated Gazakh cement plant in Ganja region produced 3250t of clinker for export, up by 10% from 2960t in 2019. The company says that it ‘plans to organise exports’ of clinker from the 3300t/day clinker capacity plant to Iraq and Qatar ‘after the country leaves the coronavirus quarantine regime.’ It added, “The export of clinker to Iran in the future is also being considered.”

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Alexandria Portland Cement’s first-quarter losses decrease in 2020

18 May 2020

Egypt: Alexandria Portland Cement has reported a 54% year-on-year decrease in net losses to US$2.26m in the first quarter of 2020 from US$4.91m in the corresponding quarter of 2019.

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Misr Beni Suef increases first-quarter profit by 101% year-on-year

18 May 2020

Egypt: Misr Beni Suef has reported a 101% year-on-year increase in net profit to US$3.76m in the first quarter of 2020 from US$1.87m in the corresponding period of 2019. Sales fell by 7.1% year-on-year to US$25.7 from US$27.6.

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Topkinsky Cement launches three new cement products

15 May 2020

Russia: Sibtsem Holding subsidiary Topkinsky Cement has launched three new cement products: a CEM-III slag Portland cement for the construction of monolithic large-scale concrete and reinforced concrete structures; a sulphate-resistant CEM-I ordinary Portland cement for the construction of underground and underwater concrete and reinforced concrete structures, with corrosion resistance against sulphates; and a CEM-II special Portland cement for the manufacture of concrete foundations for roads. The producer has also issued a compliance declaration for the CEM-II special Portland cement in accordance with Eurasian Customs Union (EACU) road safety regulations.

Topkinsky Cement managing director Alexey Ospelnikov said, “The expansion of the product range is based on the needs of the market. Certification of new types of cement will expand the capabilities of the plant’s existing partners and attract new ones.”

High-importance infrastructure projects and the development of the transport network have continued in many regions throughout the coronavirus outbreak. Topkinsky Cement said that it would continue to supply cement suited to the needs of consumers.

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