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Asia Cement China revises 2020 financial projection

20 July 2020

China: Asia Cement China has estimated a 40% - 45% year-on-year decline in profit in 2020 due to lower sales volumes and selling prices. Dow Jones Newswires has reported that this is due to the impacts of the coronavirus outbreak on cement demand outside of China. The company is active in several countries including Thailand, Taiwan and South Korea.

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Holcim Argentina contractors cause hotel lockdown

20 July 2020

Argentina: Employees of two companies hired by LafargeHolcim subsidiary Holcim Argentina to carry out maintenance work at its suspended 2.4Mt/yr integrated Malagueño plant in Córdoba Province have taken up residence at the Hotel Uruguay in the resort town of Villa Carlos Paz, causing the hotel to lock down because they did not have the proper certification from the Centro de Operaciones de Emergencias (COE) provincial coronavirus lockdown authority.

The El Diario de Carlos Paz newspaper has reported that the workers, from Olavarría and San Nicolás, Buenos Aires Province, planned to remain locked down in the hotel for fourteen days. Due to their lack of COE certification, Villa Carlos Paz security locked down the hotel while coronavirus tests are carried out. Holcim Argentina manager of corporate affairs Belén Dagher said, “Following our application in June 2020, the COE and the Municipality of Malagueño gave us the authorisation for the arrival of the workers. The companies hired the hotel, and negative coronavirus tests for all workers were sent to the relevant authorities.” He added, “We are making a special space for them to stay at the plant.”

Holcim Argentina is carrying out essential maintenance work on the Malagueño plant, which is scheduled to reopen in mid-to-late 2020.

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Diamer Basha Dam to use concrete containing fly ash

20 July 2020

Pakistan: The upcoming Diamer Basha Dam and 21MW Tangir Hydropower Project will use concrete made from Ordinary Portland Cement mixed with fly ash and other additives. The Frontier Works Organisation said, “This reduces thermal loads on the dam and reduces chances of thermal cracking,” according to China Daily News. The Chinese-backed project is scheduled for completion in 2028.

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Second stage of construction begins at Lebap cement plant in Turkmenistan

17 July 2020

Turkmenistan: Construction firm Turkmen Enjam has begun the second stage of construction of the 1Mt/yr Lebap plant in the Lebap region with the laying of foundation of several auxiliary facilities. The Zolotoy Vek newspaper has reported that development of the 370,000m2 site is scheduled for completion in 2022 and will produce cement using gypsum and porphyritic basalt from the Ufra deposit in the Balkan region.

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Oman Cement reports 9.9% net profit drop in first half of 2020

17 July 2020

Oman: Oman Cement’s net profit for the first half of 2020 was US$5.39m, down by 9.9% year-on-year from US$5.98m in the first half of 2019. Sales rose by 1.1% to US$68.6m from US$67.9. The results are subject to approval by the audit committee and board.

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Russian rail shipments of cement fall by 11% in first half of 2020

17 July 2020

Russia: The railways transported 11.4Mt of cement in the first half of 2020, down by 11% year-on-year from 12.4Mt in the first half of 2019. Beton News has reported that the figure is the lowest in a decade, down by 33% from17.0Mt in the record first half of 2012.

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Russian entrepreneurship commission lobbies government for cement certification changes

17 July 2020

Russia: The Commission for Entrepreneurs’ Rights has asked the Ministry of Industry and Trade to change Council for Standardisation, Metrology and Certification (GOST) conformity assessment and cement certification rules requiring production and packaging of cement to be carried out by a single legal entity. The commission says that the restriction, introduced in September 2019, unfairly restrains smaller-scale producers, according to the Kommersant newspaper.

In an open letter to Minister of Industry and Trade Denis Manturov, Commissioner Boris Titov said, “This preferential treatment of full-scale enterprises negatively affects the formation of a competitive environment. The purpose of cement certification is to confirm quality and safety, which clearly do not depend on production and packaging being carried out by a single legal entity.”

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Cementos Argos Colombia delivers personal protective equipment to clients

17 July 2020

Colombia: Cementos Argos Colombia says that it has delivered facemasks and biosafety kits containing thermometers, floor charts and a digital health-monitoring app to 23,000 of its customers across Colombia. The company said that the initiative was undertaken, “In the hope of strengthening the commitment to the continuation of the sector operations in biosafety conditions, and the revitalization of the economy.”

Regional vice president Tomás Restrepo said, “At Argos, we have the firm intention of being the best allies to our customers. In this context it becomes more relevant than ever to work hand-in-hand for the health and wellbeing of our strategic allies and to contribute directly to the safe continuity of the construction, the recovery of the industry and the health of the economy.”

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Nuvoco Vistas completes Emami Cement acquisition

16 July 2020

India: Emami Group has completed its divestment of Emami Cement, which is now 100% held by Nuvoco Vistas. Emami Group, which continues activities in the beauty and traditional medicine sectors, received US$731m for the sale of its sole cement industry subsidiary.

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Anhui Conch builds Yangtze flood control infrastructure

16 July 2020

China: Anhui Conch and its subsidiaries have responded to increased rainfall and raised water levels in the Yangtze River in Jiangnan Province since June 2020 by building a “solid line of defence against floods.” The Group says that with the help of the Central Committee of the Communist Part of China it has planned and implemented flood monitoring, strategic precautions and local flood control using earth and sandbags. Anhui Conch subsidiary Chizhou Conch mines limestone for cement production in the area. It said, “Chizhou Conch will continue to pay close attention to all the work of flood prevention and flood preparation, ensure the safety of the flood season, and help the company achieve its annual production and operation goals and tasks smoothly.”

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