Pakistani cement production grows 9.2% year-on-year in October 04 November 2019
Pakistan: The All Pakistan Cement Manufacturers’ Association has released figures showing a total cement output of 4.98Mt in October 2019, up by 9.2% from 4.56Mt in October 2018. Business Recorder recorded that this is a national record for monthly despatches; the second month of growth following year-on-year falls in July and August 2019. Exports continued to rise, to 0.79Mt, up by 28% from 0.62Mt in October 2018.
UK: The Mayor of London visited Mexican-based Cemex’s Stepney readymix concrete plant to launch a road safety initiative along with Transport for London (TfL) and London Councils. The initiative consists of a ratings scheme of up to five stars for in-cabin vision for heavy goods vehicles (HGVs), with a ban on zero-star vehicles inside of Greater London. The regulation comes into effect in November 2020, before which time HGV operators may install a ‘Safe System’ consisting of sensors and noise alerts, in order to apply for a Safety Permit to keep their vehicles on the roads.
Dangote Cement announces nine-month results 2019 01 November 2019
Nigeria: Over a nine-month period to 30 September 2019 in which Dangote Cement increased its volumes by 1.1% to 18.0Mt from 17.8Mt in the corresponding period of 2018, earnings before interest, taxes, depreciation and amortisation (EBITDA) for Africa’s largest cement producer fell by 1.6% year-on-year to US$0.84bn from US$0.85bn. Group CEO Joe Makoju noted a year-on-year 0.6% increase in Nigerian volumes to 10.8Mt from 1.07Mt, as well growth in Tanzania and good sales in Senegal, as helping to offset ‘economic and operating challenges in key territories such as Ethiopia and South Africa.’
Dangote identified its Seven Sustainability Pillars for management as enabling it to realise its commitment to increasing value for all stakeholders. This may have contributed to its ranking second in Sub-Saharan Africa in Forbes’ Global 2000 World’s Best Employers.
Empresa Colombiana de Cementos Sonson plant enters production 31 October 2019
Colombia: Empresa Colombiana de Cementos (EcoCementos), a 50-50 joint venture between Colombian multinational Organizacion Corona and Spanish-based Cementos Molins, has announced the start of production at its new 1.5Mt/yr integrated cement plant at Sonson, Antioquia province. The plant, which was constructed with an investment of US$380m, mines limestone from its own quarry and will produce Alion brand cement for the Colombian market. The unit is increases Cementos Molins’ first in Columbia. It already produces and trades cement via its subsidiaries in Argentina, Bolivia and Uruguay.
Afcham China National Consortium Material Company eyes Cameroon for 0.5Mt/yr integrated cement plant 31 October 2019
Cameroon: The Chinese-based Afcham China National Consortium Material Company has signed a memorandum with the Kribi Industrial Cement Plant Company (CmIKri) for the construction of an integrated cement plant with a capacity of over 0.5Mt/yr, and the possibility of an extension to 1.5Mt/yr, in the port of Kribi. The installation, spanning 30ha, will include shipping facilities and an 18,000t clinker silo, and cost US$60m.
Cementos Molins results show revenue, EBITDA and profit growth 31 October 2019
Spain: Cementos Molins’ nine-month income rose by 8.0% year-on-year to Euro594m from Euro550m in the corresponding period of 2018. Its earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by 6.3%. Its South American subsidiaries’ sales and EBITDA outstripped those in other regions. The company’s consolidated net profit for the period rose by 9.7% to Euro70.2m from Euro64.0m in 2018.
Obu Cement prepares for CCNN merger 31 October 2019
Nigeria: Obu Cement and Cement Company of Northern Nigeria (CCNN), both subsidiaries of BUA Group, are set to merge. Abdul Samad Rabiu, founder and executive chairman of BUA Group, said that the merger ‘marks the culmination of the first phase of the BUA mid-term strategic plan,’ which aims at deepening the domestic cement market and enhancing industry growth.
Rabiu stated that the completion of the 3Mt/yr integrated Sokota Kalambaina II cement plant and a 48MW power station, construction of which began in 2018, has been scheduled for the second half of 2020. In addition to its four existing plants, this will bring the group’s total integrated cement production capacity to 11Mt/yr.
New ownership lays off 295 employees at Gornozavodskcement in the first half of 2019 31 October 2019
Russia: 577 Gornozavodskcement employees became unemployed in the six months to 30 June 2019. 87 resigned, 195 retired and 295 left by agreement with the company. This follows South Ural Mining and Processing’s takeover of the struggling cement producer in December 2018. Kommersant has reported that the liquidation of auxiliary departments is a part of unit optimisation which extends to the company’s facilities, with the site of a planned dry line at its 2.2Mt/yr (wet) integrated Perm cement plant being used for parking. Wages have reportedly risen for the remaining three quarters of the Gornozavodskcement’s original staff.
Nigeria: Dangote Cement has extended its services agreement with US-based General Electric to the implementation of asset performance management (APM) digital products at its 12.5Mt/yr integrated Obajana cement plant and 12Mt/yr integrated Ibese cement plant, with the aim of unplanned downtime reduction. Dangote operations director Ravi Sood said that “Operational performance is crucial to a plant’s overall productivity, directly affecting end products. The introduction of GE’s latest digital solutions will improve efficiency and enable us to become more self-sufficient in power generation.”
LafargeHolcim publishes third quarter trading update 2019 30 October 2019
Switzerland: LafargeHolcim has recorded a fall in third-quarter net sales of 3.0% year-on-year to Euro6.46bn from Euro6.68bn in 2018 and a fall of 2.1% year-on-year in 2019 to Euro18.3bn in nine-month net sales to 30 September 2019 from Euro18.7bn in the corresponding period of a 2018. Earnings before interest, taxes, depreciation and amortisation (EBITDA) grew by 0.8% year-on-year to Euro1.71bn in the third quarter of 2019 from Euro1.69bn. EBITDA in the nine months to 30 September 2019 grew by 4.4% to Euro4.12bn from Euro3.95bn. The company said that it improved its margin in the Europe, North America and Asia Pacific regions, with localised profit growth in the Middle East Africa region in South Africa, Jordan and Iraq. Profitability in Latin America stabilised, with price management partially mitigating the challenges of several markets and a good performance in Colombia.
Based on the results, LafarageHolcim has reaffirmed its commitment to increase net sales by 3-5% year-on-year to between Euro25.6bn and Euro26.2bn in 2019 from Euro24.9bn in 2018, and to reduce the ratio of its net debt to recurring EBITDA to ‘well below’ two to one.



