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News Supply

Displaying items by tag: Supply

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Alcoa to end lime supply contract with Cockburn Cement

03 July 2020

Australia: US-based bauxite, alumina and aluminium producer Alcoa has said that it will not renew its US$48.5m/yr lime supply contract with Adelaide Brighton subsidiary Cockburn Cement following its expiry at the end of June 2020. Business News Western Australia has reported that the end of the 50-year contract puts between 40 and 50 jobs at risk at Cockburn Cement.

Adelaide Brighton chief executive officer (CEO) Nick Miller said, “We are disappointed with Alcoa's decision to displace a locally-manufactured product with imports from multiple sources. We will work quickly to mitigate the impact on local jobs supporting our lime business and we remain committed to supplying our Western Australia resources sector customers.”

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Vostokcement resumes supply from 1 June 2020

02 June 2020

Russia: Vostokcement has announced that it and its subsidiaries Spasskcement, Teploozerskcement and Yakutcement will resume the ordinary supply of building products to customers from 1 June 2020.

Vostokcement said, “The company’s offices carefully monitor the implementation of security measures in connection with the COVID-19 pandemic. The rooms are equipped with lamps for air disinfection, contactless thermometers have been purchased and information stands are installed. Employees are fully provided with personal protective equipment - medical masks and gloves, hand antiseptics and indoor disinfectants.”

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James Hardie closes three fibre cement board plants

05 May 2020

Australia/New Zealand/US: Ireland-based James Hardie has announced the planned closure of three of its fibre cement board plants. The Cooroy, Queensland plant in Australia, Summerville, South Carolina plant in the US and Penrose, Auckland plant in New Zealand will close permanently in mid-2020, resulting in a total of 375 job cuts. The NZ Herald newspaper has reported that the decision to shut the plants came about due to the impacts of the coronavirus outbreak on the global economic situation. James Hardie will now supply the New Zealand market from its Carole Park, Queensland and Rosehill, New South Wales plants. James Hardie also closed its Siglingen, Baden-Württemberg plant in Germany on a temporary basis, ‘in order to better match supply and demand in the European market.’

James Hardie revised its 2020 profit forecast to US$355m, down by 4.1% from US$370m.

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Cemex resumes Colombian production

14 April 2020

Colombia: Mexico-based Cemex has announced the resumption of operations at its 2.8Mt/yr Caracolito plant in Ibagué, Tolima Department on 13 April 2020. Noticias Financieras News has reported that Cemex Colombia will resume the supply of its products to ‘infrastructure and public works that cannot be suspended, as well as for emergency care projects and road projects.

Cemex will have to wait for the Colombian government to lift its coronavirus lockdown to restart supplies to customers.

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Asia Cement Corporation collaborates on wind farm project

03 April 2020

Taiwan: Asia Cement Corporation has announced its collaboration with Germany-based energy company Innogy on construction of a 448MW wind power plant off Taiwan’s north-west coast near Hsinchu City. Renewables Now has reported that Asia Cement Corporation will supply cement for the project, which will see power sold to the national grid.

Innology, which has participated in the construction of offshore wind plants with a total capacity of 2500MW in Europe, opened its first Taiwan office in 2018.

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Oman experiences cement shortage

02 April 2020

Oman: Construction companies have reported delays to several projects resulting from a cement shortage that begun on 21 March 2020. Al-Watan newspaper has reported that most of the affected works are residential. The reason for the shortage is the suspension of cement imports from UAE from mid-March 2020.

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Gebr. Pfeiffer delivers mill to Lomé grinding plant

30 March 2020

Togo: Cim Metal Group subsidiary Cimco has received a Gebr. Pfeiffer 6400kW, CEM I - CEM IV MVR 6000 C-6 grinding mill. Germany-based Intercem Engineering will install the mill, which grinds CEM-I to a fineness of 3800cm2 at a rate of 370t/hr, at Cimco’s Lomé grinding plant.

Gebr. Pfeiffer has said that this is its 12th MVR mill installed on the African continent.

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Grupo Argos cuts 2020 expenses by US$245m

27 March 2020

Colombia: Cementos Argos owner Grupo Argos has announced a raft of cuts to investments and expenses worth a total of US$245m in response to the impacts of Covid-19. Noticias Financieras News has reported that US$61.2m of the cuts will be to planned investments in expansion projects and raw materials inventory restocking, including to some in the cement business. Group Argos President Jorge Mario Velasquez said that the measures would, “give additional currency for the different sources, cash and funding that the organization has access to and give us relative peace of mind in our cash structure.”

Grupo Argos said it would stick to its US$3.67bn five-year investment plan.

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Indian producers pull plug on operations

24 March 2020

India: Several cement producers have responded to the coronavirus pandemic with plant closures. Reuters has reported that India Cements has temporarily closed all of its plants. JK Lakshmi Cement has suspended cement production at its 4.2Mt/yr integrated plant in Jaykaypuram, Rajasthan and at three grinding plants. JK Lakshmi subsidiary Udaipur Cement Works has shut its 1.6Mt/yr integrated Udaipur plant, also in Rajasthan.

Dalmia Bharat refractory production subsidiary Dalmia-OCL’s CEO Sameer Dagpaal told the Business Standard newspaper that he expected the virus’ impact on the company to be ‘relatively limited,’ with a slowdown in demand from the cement sector lasting at most ‘a couple of months.’ He noted that there had been ‘some minor supply-side disruptions relating to a shortage of raw materials from China.’

On 24 March 2020 the all-India total number of coronavirus cases crossed 500, with nine dead, according to Al Jazeera. 200 cases are in the western states of Maharashtra and Kerala.

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Chinese cement industry records profit and sales growth in 2019

16 March 2020

China: The Ministry of Industry and Information Technology (MIIT) has reported net profit growth for the entire domestic cement sector of 20% year-on-year to US$26.6bn in 2019 from US$22.3bn in 2018. Total revenues reached US$144bn, representing an increase of 13% from US$128bn. Xinhua China Economic Information Service has reported that the MIIT attributed the profit growth to a reduction in overcapacity throughout the year due to supply-side structural reform.

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