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Production delayed at new Premier Cement plants due to coronavirus

14 October 2020

Bangladesh: Production at Premier Cement’s new plants at Narayanganj and Chattogram has been delayed until November 2020 due to the coronavirus pandemic. Mohammed Amirul Haque, managing director of the cement producer, said that the projects have been delayed due to the absence of some technical personnel from China and Denmark, according to the Daily Star newspaper. The units were originally scheduled to start commercial production in June 2020 but this is now expected to start in December 2020. Both plants have a combined budget of around US$150m. Denmark-based FLSmidth was reported to be supplying mills for the plants.

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Lafarge Maldives rebrands to Raysut Maldives Cement

14 October 2020

Maldives: Lafarge Maldives has rebranded to Raysut Maldives Cement following its 75% acquisition by Oman-based Raysut Cement. State Trading Organization retains its 25% stake in the joint venture, which operates the 75,000t/yr-capacity Thilafushi Island cement terminal. The company says that it plans to expand the terminal’s capacity by 167% to 0.2Mt/yr by 2022.

Raysut Cement group chief executive officer Joey Ghose said, “Our foray into the Maldives will help drive self-sufficiency of cement in Maldives, which currently is predominantly an import market. Raysut is looking at adding local value in the Maldives by installing production facilities to ensure there is at least 40% local content. This will also make the market more competitive from a price point of view, which will have a positive impact on infrastructure development in the country.”

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Giatec launches Roxi visibility-enhancing software for construction concrete

14 October 2020

Canada: Testing specialist Giatec has launched Roxi, an artificially intelligent (AI) concrete visualisation programme for builders. PR Newswire has reported that Roxi “provides insights regarding the amount of cement that is needed, including the amount that can be removed without compromising the concrete's setting time or strength development,” aiding project completion while diminishing extraneous cement demand.

The company thanked Sustainable Development Technology Canada for its US$1.83m grant towards the development of Roxi, part of the fund’s US$44.6m total contribution to “clean technology projects” so far in 2020.

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Polish Cement Producers Association celebrates 30th anniversary

14 October 2020

Poland: The Cement Producers Association (CPA) has celebrated the 30th anniversary of its founding with the release of a report entitled ‘The Influence of the Cement Industry on the Polish Economy.’ The report states that the industry’s 13 cement and grinding plants, which employ 3500 people across the country, have received Euro2.23bn in investments since 1990.

CPA chair Krzysztof Kieres said, “We have started actions aimed at achieving emission neutrality at our 60th anniversary in 2050. These ambitious climate goals, the economic situation and legislative changes constitute new challenges for the cement industry, and it needs to look for partners with similar goals - to care for the development of the construction industry and the entire Polish economy.”

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Gansu Qilianshan Cement forecasts 41% nine-month profit rise in 2020

13 October 2020

China: Gansu Qilianshan Cement has announced that it expects to record a profit of US$208m in the first nine months of 2020, up by 41% year-on-year from US$147m in the corresponding period of 2019, according to Reuters. It said the results would be in line with its growth trajectory thanks to a significant increase in demand towards the end of the first half of 2020.

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Odisha to invest US$1.2bn in infrastructure

13 October 2020

India: The state of Odisha has announced a US$1.2bn infrastructure investment package aimed at “reviving the industrial economy, which has been impacted by the coronavirus outbreak.” National Business Media News has reported that the plans, encompassing “micro, small, medium and large scale” projects across sectors including cement and steel production, renewable energy and IT and will create “huge job generation avenues” and significantly increase cement demand.

State governor Ganeshi Lal said, “The new industrial units will provide an added impetus to the confidence of investors in the industrial sector.”

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Huaxin Cement predicts 44% nine-month profit drop in 2020

13 October 2020

China: Huaxin Cement has published a figure for its predicted profit for the first nine months of 2020 of US$135m, down by 44% from US$241m in the first nine months of 2019. The company attributed the forecasted decline “mainly to the severe impact of the coronavirus epidemic in the first half of 2020 and the large-scale flooding in the River Yangtze in July.” It added, “The production and sales of the company’s leading products were greatly affected, and prices also fell, resulting in operating income decline.” The company noted that third-quarter profit is expected to increase by 5% year-on-year.

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Raysut Cement acquires 75% stake in Lafarge Maldives

13 October 2020

Maldives: Oman-based Raysut Cement has announced its acquisition of a 75% stake in Lafarge Maldives for US$8m. The subsidiary of LafargeHolcim operates the 9000t-capacity Thilafusi cement terminal on the island of Thilafusi, Kaafu Atoll, which it opened in June 2015.

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SCG Packaging launches recycled paper packaging

13 October 2020

Vietnam: Siam Cement Group (SCG) subsidiary SCG Packaging has launched Doozypack, a Kraft paper cement bag made using recycled paper. The company “applied the circular economy principle to the product’s development, enabling consumers to live sustainably,” according to general director Ekarach Sinnarong. Viet Nam News has reported that SCG Packaging partner Vina Kraft Paper is able to recycle Doozypack bags, along with all other SCG paper cement bags, thereby “extending the circular economic principle into the next cycle of use.”

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JK Cement launches 0.7Mt/yr Balasinor grinding plant

12 October 2020

India: JK Cement has started grey cement production at its 0.7Mt/yr-capacity Balasinor grinding plant in Gujarat. Accord Fintech News has reported that the plant, which dispatched its first batch of cement on 10 October 2020, brings JK Cement’s total grey cement production capacity to 4.2Mt/yr.

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