Displaying items by tag: Government

US: Hawaii’s Department of Transportation plans to use carbon-injected concrete for its new projects. This will include a new structure to protect a highway tunnel from rockfalls, according to Reuters. The Department of Transportation was testing CO₂-injected concrete on an access road project with CarbonCure Technologies in May 2019. The latest decision follows a resolution by state legislators that city administrators ‘consider’ using CO₂-injected concrete in city and county infrastructure where concrete is used.

In late June 2019 CarbonCure announced that its had formed a partnership with HC&D Ready Mix, a local concrete producer, to use its CO₂-injected concrete process. It is the second deal with a concrete producer in the state that CarbonCure has arranged.

Zambia: Dangote Cement has denied that it will cut jobs in response to a new sales tax by the Zambian government. The local subsidiary of the Nigerian cement producer clarified comments by its chief executive officer (CEO) Albert Corcos that the new tax would negatively affect production costs, according to the Lusaka Times. The General Sales Tax will replace the existing value added tax (VAT) with a standard 9% rate and a 16% rate for imports. However the new tax has been delayed to September 2019.

Iraq: The government has approved a series of recommendations from the Ministerial Economic Council to support the growth of Iraq’s cement industry and to ensure that production capacity continues to meet domestic demand.

The cabinet approved a loan agreement between the Republic of Iraq and the International Bank for Reconstruction and Development for an electricity services reconstruction and enhancement project. It also approved a recommendation from the housing consultative group that investors in housing projects need to complete a percentage of the planned building work before they are allowed to own the land.

India: Piyush Goyal, the Minister of Commerce and Industry, says that the cement industry has a capacity utilisation rate of 67%. In a written reply to the Indian Parliament, he said that the country had an installed production capacity for cement of around 510Mt/yr and that 337Mt was produced in the 2018 – 2019 financial year.

North Korea: Production has reportedly been stopped for three months at the Seongho Lee cement plant near Pyongyang due to a lack of electricity. Sources quoted by South Korea based Daily NK online newspaper suggest that government power rationing has lowered the importance of the plant in comparison to other so-called ‘core’ industries.

The Korean Cement Association reported in 2011 that the plant had a production capacity of 0.95Mt and it uses a wet process production line. The site dates back to 1919 and the age of its equipment may have contributed to the decision to idle the plant.

Ghana: The Cement Manufacturers Association of Ghana (CMAG) is lobbying the government against a recent fumigation levy of US$0.50/t on imported clinker by the Ministry of Health. At a recent meeting the association discussed this tax and others negatively affected the cement sector, according to the Business and Financial Times newspaper. It is also unhappy about more longstanding charges, including a VAT restructuring levy of 5%, and a 2% special tax as well as a new 11% electricity tariff and a proposed increase in the cost of a certification licence from the Ghana Standards Authority and impending. CMAG is also complaining to the Customs Division of the Ghana Revenue Authority about imports.

South Africa: PPC says it plans to shut the kiln at its Port Elizabeth cement plant ahead of stricter requirements to the country’s emission standards. It is shutting down the kiln to meet new standards for NO₂ and dust emissions on 1 April 2020, according to Reuters. Around 30 jobs are expected to be affected by the shutdown.

The cement producer’s revenue rose slightly year-on-year to US$736m in its financial year to 31 March 2019. Its profit nearly quadrupled to US$10.2m. Its cement sales volumes also rose slightly to 5.9Mt. Sales and earnings fell in South Africa due to a poor market but they grew elsewhere in Sub-Saharan Africa, notably in Rwanda and the Democratic Republic of Congo.

Pakistan: The All Pakistan Cement Dealers Association has suspended sales of cement in protest against ‘unjustifiable’ taxes. Asif Saeed, the president of the association, has accused the government and the Federal Board of Revenue (FBR) of levying ‘numerous’ taxes on the cement sector, according to the Business Recorder newspaper. He claimed that the association’s members will remain on strike until their demands are met.

Bangladesh: Shahab Uddin, the Minister for Environment, Forest and Climate Change, says that five cement plants near the Sundarbans mangrove forest region have been granted environmental clearance certification. The plants are Meghna Cement Mills, Bashundhara Cement Mills, Mongla Cement Mills, Dubai-Bangla Cement Mills and Holcim (Bangladesh), according to the New Nation newspaper. Uddin said that the units were all at least 6km away from the Sundarbans reserved forest area and that the Department of Environment was monitoring their emissions on a regular basis. In 1995 the government declared a 10km area around the Sundarbans Reserve Forest as a ‘critical’ ecological zone.

India: Minister Piyush Goyal, the Commerce and Industry Minister, has confirmed that the Competition Commission of India looking into complaints of rising cement prices. He said that complaints on the had been received about the price of cement and allegations of cartel-like behaviour, according to the New Indian Express newspaper.