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Hauliers strike causes cement shortages in Mali

18 January 2021

Mali: A strike by two hauliers unions based in Senegal has caused cement shortages. The Union des Routiers du Sénégal and the Intersyndicale du Secteur des Transports Routiers both started strike action in late December 2020, according to Bamako News. The country has three main cement plants - Ciments et Matériaux du Mali (CMM), Diamond Ciment (DCM-SA) and Ciments d'Afrique (CIMAF) – but these companies only have a production capacity of 2Mt/yr. This is estimated to be 50% of Mali’s national requirement of 4Mt/yr. Commentators have called for a national cement supply policy in response to the situation and to reduce reliance on imports.

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Indian cement demand expected to return to pre-pandemic levels

13 January 2021

India: Credit ratings agency ICRA expects cement demand to rise by 20% year-on-year in the 2022 Indian financial year, which starts in April 2021, allowing the local market to return to volumes previously seen before the coronavirus pandemic. In its latest report the credit ratings agency predicts that growth will be supported by rural demand, including affordable housing, and recovery in infrastructure segment, according to the Press Trust of India. Cement production capacity is forecast to increase by up to 22Mt compared to 17Mt in the previous year. Most of this additional capacity is expected to be in the eastern region. Capacity utilisation rates should recover to 64% from 56%.

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Swiss cement deliveries fall slightly in 2020

13 January 2021

Switzerland: CemSuisse, the Swiss cement association, says that cement deliveries fell by 1.5% year-on-year to 4.15Mt in 2020. Deliveries remained stable in the first quarter before falling by 3.3% year-on-year in the second quarter at the same time of the first wave of the coronavirus pandemic. They subsequently recovered to a small increase in the third quarter before falling by 3.1% year-on-year in the fourth.

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Brazilian cement sales rise by 11% in 2020

12 January 2021

Brazil: Cement producers sold 60Mt of cement in 2020, up by 11% year-on-year. The Valor Econômico newspaper has reported that residential and commercial renovations and new projects contributed to the increase. The National Cement Industry Association (SNIC) has forecast that growth will not exceed 1% in 2021. It said that this will be due to an economic downturn and the end of the government’s emergency aid programme.

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Soyuzcement expects 4% fall in Russian cement production in 2020

16 December 2020

Russia: Soyuzcement, the national cement manufacturing union, has forecast a 4% year-on-year fall in cement production in 2020. Greater declines are expected in the central and southern federal regions. It observed that only half of the country’s production capacity was used in 2020. However, the organisation has credited government subsidies for mortgages as staving off the worse economic effects of the coronavirus pandemic in the first half of the year by stimulating construction.

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Dangote Cement estimates 39% market share in Cameroon in first nine months of 2020

19 November 2020

Cameroon: Dangote Cement’s subsidiary in Cameroon estimates that it had a market share of 39% in the first nine months of 2020. It reckons the total cement market in the country was over 2.6Mt in the same period and that it sold around 1Mt, according to the Ecofin Agency. It said that the market was mainly driven by individual construction projects and public housing estates. In February 2020 the subsidiary of the Nigeria-based company said it planned to do better business in 2020 by focusing on the construction sites of stadiums, roads, hotels and other construction projects in preparation for the 2021 Africa Cup of Nations, postponed to 2022.

The cement producer operates a 1.5Mt/yr cement grinding plant in Douala, with a dedicated jetty for offloading clinker that opened in 2015.

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FLSmidth reinstates 2020 guidance

28 August 2020

Denmark: FLSmidth has announced the reinstatement of its 2020 guidance. The guidance predicts full-year sales of Euro2.28bn, down by 18% year-on-year from Euro2.77bn. Earnings before taxation, interest, depreciation and amortisation (EBITDA) margin is expected to decline to 6.0% from 8.1%. The company said that the guidance is “subject to higher uncertainty than usual” and conditional upon “no further escalation of Covid-19, no further extensive lockdowns or travel restrictions occurring before year-end, a gradual improvement in business sentiment for the remainder of 2020, and business improvement implementation of around Euro28.2m, of which Euro18.8m relate to the previously communicated improvement activities and around Euro9.40m relate to further improvement activities in cement.” It added, “The cement industry has been severely impacted, and the timing and extent of a rebound remain uncertain. Our goal for the cement business is to generate more stable, higher-margin earnings.”

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Adelaide Brighton records US$21.1m net profit in first half of 2020

27 August 2020

Australia: Adelaide Brighton has recorded a net profit of US$21.1m in the first half of 2020, compared to a US$13.0m loss in the first half of 2019. Revenues fell by 7.3% to US$508m from US$548m due to a 12% construction decline over the period, according to the company. Residential construction fell by 16%, however mining and infrastructure activity remained consistent with levels in the first half of 2019. Adelaide Brighton said, “Cement demand is likely to continue to benefit from a strong production outlook for gold, nickel, and iron ore in particular, and stable demand from the alumina sector.”

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Breedon Group’s Cemex UK acquisition faces regulatory challenge

27 August 2020

UK: The Competition and Markets Authority (CMA) has said that Breedon Group’s acquisition of a minority of Cemex UK’s ready-mix and aggregates operations “may lead to a substantial lessening of competition in the supply of ready-mixed concrete, non-specialist aggregates or asphalt in 15 local markets across the UK” in a letter to the group. The Herald newspaper has reported that the potentially affected markets are in localities where Breedon Group is already dominant, such as eastern Scotland and the East Midlands.

CMA senior director Colin Rafferty said, “As consumers source the majority of these materials locally, it’s vital to ensure that enough competition will remain at the local level so there’s enough choice and prices remain fair.” If it fails to respond to the CMA’s concerns by 2 September 2020, Breedon Group will face an in-depth Phase 2 investigation into the deal.

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Anhui Conch Cement’s first-half net profit rises in first half

24 August 2020

China: Anhui Conch Cement has recorded a profit of US$2.33bn in the first half of 2020, up by 5.3% year-on-year from US$2.21bn in the first half of 2019. Revenues rose by 3.3% to US$10.7bn from US$10.4bn. The company attributed the increases to the resumption of construction across Asia after the coronavirus lockdown and increase sales in western China throughout the period.

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