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19 November 2018

Nigerian government looks into complaints about quarry at Lafarge Africa’s Ewekoro plant

Nigeria: The Federal Government says it is investigating complaints from residents at Akinbo village near to the quarry of Lafarge Africa’s Ewekoro cement plant in Ogun State. Local residents have complained about breeches of local environmental legislation at the site, according to the Vanguard newspaper. Adegboyega Salam, the Director of Mines Environmental Compliance Department from the Federal Ministry of Mines and Steel Development, said that the issue was related to relocation of the community. He added that he had asked Lafarge Africa for comment. The dispute relates to an agreement between the cement producer and the local community in 2012.

Published in Global Cement News
Tagged under
  • Nigeria
  • Lafarge Africa
  • LafargeHolcim
  • Environment
  • Government
  • community
  • GCW380
19 November 2018

Ghorahi Cement lauded for tax return

Nepal: Ghorahi Cement has been praised by the Inland Revenue Department for paying one of the highest amount of value added tax (VAT) in the country in the 2017 – 2018 financial year, according to the Himalayan Times. The cement producer was awarded the accolade as part of the seventh National Tax Day.

Published in Global Cement News
Tagged under
  • Nepal
  • Ghorahi Cement
  • Tax
  • Government
  • GCW380
16 November 2018

Portland Cement Association forecasts ebbing growth in 2019 and 2020

US: The Portland Cement Association (PCA) forecasts that cement consumption growth will drop to 2.6% in 2019 and 1.6% in 2020. This compares to 2.9% in 2018. The PCA’s Market Intelligence Group has blamed the softening on rising interest rates, local financial problems at the state level and a general end to the recovery period following the financial crash in 2008.

“We are expecting relatively modest but sustained interest rate increases after 10 years of low and stable rates,” said PCA Senior Vice President and Chief Economist Ed Sullivan. “The Federal Reserve’s actions will gradually slow the construction sector’s growth due to, among other things, the higher mortgage rates for residential buildings and higher borrowing cost for non-residential buildings.” He added that tax cuts passed at the end of 2017 had boosted the overall economy but that rising debt levels was likely to frame the discussion of future federal public infrastructure spending.

Published in Global Cement News
Tagged under
  • US
  • Portland Cement Association
  • Forecast
  • GCW380
16 November 2018

Cemento Regional buys modular grinding plant from Cemengal for project in El Salvador

El Salvador: Guatamala’s Cemento Regional has ordered a Plug&Grind modular grinding unit for a project in El Salvador. The project includes a Plug&Grind Classic, a modular packaging and palletising system, raw material and cement storage halls and silos for bulk dispatching. The new unit is scheduled to be commissioned in the first half of 2019. It will have a production capacity of 12t/hr.

Published in Global Cement News
Tagged under
  • El Salvador
  • Cemento Regional
  • Order
  • Cemengal
  • grinding plant
  • Guatemala
  • GCW380
16 November 2018

Industry pans levy as a new import tax in Australia

Australia: Industry groups, including cement producers, are lobbying against a new import tax, the Biosecurity Imports Levy. They allege that that new tariff will increase costs by 3000 - 5000% on the inputs for cement, steel and aluminium production, according to the Australian newspaper. The new levy was introduced in the May 2018 budget for implementation in July 2019. It intends to tighten the country’s biosecurity.

Industry lobbyists complain that it will impose a US$0.7/t levy on ‘non-containerised’ cargo for biosecurity inspections, dramatically increasing the cost of inspection for bulk imports of materials. They also deny that it will improve biosecurity outcomes.

Cement Industry Federation chief executive Margie Thomson said that the tax unfairly punished non-containerised cargoes. “It shouldn’t be a tonnage levy, when the biosecurity risk is not­associated with the product.”

Published in Global Cement News
Tagged under
  • Australia
  • Import
  • Tax
  • lobbying
  • Cement Industry Federation
  • GCW380
16 November 2018

SAS-Tobe Technologies increases exports to Uzbekistan

Kazakhstan/Uzbekistan: Kazakhstan’s SAS-Tobe Technologies has increased its exports to Uzbekistan. It is the first Kazakh manufacturer accredited at the Uzbek Commodity and Raw Materials Exchange, according to the Podrobno News Agency. The company has sold around 1500t through the exchange in the last two months. It now plans to export over 50% of its 0.25Mt/yr production capacity.

Published in Global Cement News
Tagged under
  • Kazakhstan
  • Uzbekistan
  • Export
  • SASTobe Technologies
  • Uzbek Commodity Exchange
  • GCW380
16 November 2018

Uzbek cement production drop blamed on energy prices

Uzbekistan: Cement production has fallen by 4.7% year-on-year to 5.6Mt in the first nine months of 2018 from 5.9Mt in the same period in 2017. The decline has been blamed on rising gas and electricity prices, according to the Trend News Agency. Energy prices have risen by at least 60% so far in 2018. 4.5Mt of production, or over 80%, was sold through the Uzbek Commodity Exchange.

Published in Global Cement News
Tagged under
  • Uzbekistan
  • Production
  • data
  • Gas
  • Electricity
  • Uzbek Commodity Exchange
  • GCW380
16 November 2018

Carthage Cement makes loss of US$16m in first half of 2018

Tunisia: Carthage Cement’s loss has grown to US$16.2m in the first half of 2018 compared to US$9.6m in the same period in 2017. The cement producer has managed to increase its revenue but mounting operating costs have outpaced this, according to African Manager. Its turnover grew by 25.6% year-on-year to US$32.9m but operating expenses rose by 38.5% to US$47.6m. A dispute between management and staff also led to a production suspension in the first half of 2018.

A majority stake in the cement producer remains on sale following a call for expressions of interest in early 2018. The latest round of bidding is open until early December 2018.

Published in Global Cement News
Tagged under
  • Tunisia
  • Carthage Cement
  • Results
  • Sale
  • GCW380
16 November 2018

National Cement Company’s profit wilts so far in 2018

UAE: National Cement Company’s profit fell by 5.8% to US$12.1m in the first nine months of 2018 from US$12.9m in the same period in 2017. This was accompanied by a marked increase in administration, selling and distribution costs. Despite this, its revenue rose by 7.6% to US$55m from US$41.8m.

Published in Global Cement News
Tagged under
  • UAE
  • National Cement
  • Results
  • GCW380
16 November 2018

The Chamber of Economy of Montenegro discuss building new cement plant at Pljevlja

Montenegro: The Chamber of Economy of Montenegro has discussed plans to build a new cement plant at Pljevlja. The project has been proposed to reduce imports of cement, grow the local economy and take advantage of local resources, according to the Vijesti newspaper. The location is favoured due to local reserves of marl, coal, gypsum and fly ash from a local coal-fired power station. However, Dragica Sekulić, the minister of economy, said that the project would require a ‘serious’ investor.

In 2017 the country imported cement with a value of Euro41m. In the first nine months of 2018 it has imported Euro39m worth of cement.

Published in Global Cement News
Tagged under
  • Montenegro
  • Plant
  • Government
  • Chamber of Economy of Montenegro
  • GCW380
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