Germany: HeidelbergCement says it has made good progress with its ‘portfolio optimisation’ process. The company closed the divestment of its 50% share in Ciment Québec and its minority participation in Syria in December 2018. In addition, a former cement plant area near Cairo in Egypt has been auctioned, and the divestment of its Ukrainian business has been signed. The divestments in Egypt and Ukraine are expected to complete in 2019. Altogether these divestments will have a value of Euro150m and are expected to have a ‘slightly’ positive effect on operating earnings before interest, taxation, depreciation and amortisation (EBITDA) in 2019.

“We deliver on our action plan and have accelerated our efforts to improve our portfolio and generate cash in order to speed up deleveraging,” said Bernd Scheifele, the chairman of the managing board of HeidelbergCement. The cement producer has a divestment target of Euro1.5bn by the end of 2020.

Egypt: France’s Vicat and its subsidiary Sinai Cement plan to invest Euro30m in the local market. Vicat Egypt’s chief executive officer (CEO), Tamer Magdy, said that the investment is intended to meet demand for cement, according to Mubasher. He added that the company would continue to invest in the Sinai Peninsula despite on-going security issues.

US: Cemex USA is preparing to expand its cement terminal at Port Tampa Bay in Florida. It wants to increase the size of its operations so it can process more cement, fly ash, slag, limestone and other materials, according to the Tampa Bay Business Journal. The company also wants to build a ready-mx concrete plant at the site.

Iran: Abdul Reza Sheikhan, the secretary of the Cement Industry Association, has warned that an increase to maritime shipping rates is further restricting exports in conjunction with US-backed trade sanctions. He said that the country has a production capacity of 87.5Mt/yr, that 48Mt is consumed domestically and that less than 15% is exported, according to the Islamic Republic News Agency. He also identified ‘negative’ competition between cement producers over exports has damaged the industry. To counter this, export teams in the east, west and south of the country have been formed.

The country exports cement to 17 countries including Iraq, Afghanistan, the Commonwealth of Independent States (CIS) region, Bangladesh and countries in Africa. It is the sixth largest exporter in the world.

China: China Resources Cement (CRC) says that its profit will rise ‘significantly’ in 2018. It has attributed this to a 29% rise year-on-year in the average price of cement in the first 11 months of 2018.

Kazakhstan: Steppe Cement’s sales revenue rose by 32% year-on-year to US$74.8m in 2018 from US$56.6m in 2017. Its cement sales volumes rose by 6% to 1.72Mt from 1.63Mt. Its exports grew by 50% to 0.22Mt from 0.15Mt. Overall, the cement producer said that local cement consumption fell by 4% to 8.6Mt.

Saudi Arabia: Data from Yamama Cement shows that national cement production fell by 10.5% year-on-year to 42.1Mt in 2018 from 47.1Mt in 2017. Cement production fell at the majority of local producers with the notable exceptions of Saudi Cement, Southern Cement and others. Clinker production dropped by 3% to 48.3Mt from 49.9Mt. Local deliveries of cement decreased by 13% to 41Mt from 47.1Mt. However, exports of cement rose to 1.1Mt from 0.16Mt and exports of clinker increased to 3.2Mt from no exports in 2017.

Switzerland: Deliveries of cement rose slightly to 4.29Mt in 2018 from 4.27Mt in 2017. CemSuisse, the local cement association, said that it was expecting lower imports in 2018 due to reduced cement demand. Over half of the deliveries were made by rail at 51.5% but the share of road deliveries increased. Over 70% of local cement production was delivered to ready-mix concrete plants and around a further 20% was sent to in-situ concrete plants at major construction projects.

Tajikistan: Tajikistan exported 1.44Mt of cement in 2018 with a value of US$65.4m. This marks a rise of 48% year-on-year from 0.97Mt in 2017 with a value of US$45.9m, according to the Azernews newspaper. Tajikistan exports cement to Uzbekistan, Afghanistan and Kyrgyzstan.

India: Nuvoco Vistas’ Construction Development and Innovation Centre (CDIC) has been granted accreditation from the National Accreditation Board for Testing and Calibration Laboratories (NABL). It is the third cement producer after Ambuja Cement and RMC (India) to receive the accreditation, according to the Hindu newspaper. CDIC can now conduct more than 100 mechanical tests, out of which 55 tests come under the NABL accreditation covering a range of materials including cement, fly ash, ground granulated blast-furnace slag (GGBS), concrete, aggregates, bricks, blocks, and construction chemicals.