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17 September 2019

LafargeHolcim Awards North America panel and closing date announced

US: The Illinois Institute of Technology (IIT) will host the 6th International LafargeHolcim Awards, North America, in 2020. The awards seek sustainable design in the construction sector and are open for entries until 25 February 2020. Reed Kroloff, Rowe Family Dean of the College of Architecture, IIT, heads the panel of nine judges.

Published in Global Cement News
Tagged under
  • US
  • LafargeHolcim
  • construction
  • Awards
  • GCW423
16 September 2019

Steppe Cement’s first-half profit booms

Kazakhstan: Steppe Cement’s consolidated revenue in the six months to 30 June 2019 grew by 34% year-on-year to US$36.5m from US$27.3m. Its operating profit before working capital changes was US$7.9m compared to US$5.3m in the corresponding period of 2018, an increase of 49%. Negative currency exchange effects reduced the cement producer’s net profit, despite a boost from the local economy and the company’s reduction of its administrative expenses.

Steppe Cement’s consolidated revenue in the six months to 30 June 2019 grew by 34% year-on-year to US$36.5m from US$27.3m. Its operating profit before working capital changes was US$7.9m compared to US$5.3m in the corresponding period of 2018, an increase of 49%. Negative currency exchange effects reduced the cement producer’s net profit, despite a boost from the local economy and the company’s reduction of its administrative expenses.

Published in Global Cement News
Tagged under
  • Kazakhstan
  • Steppe Cement
  • Results
  • GCW423
16 September 2019

KAR contracts Arab Swiss Engineering Company at Erbil cement plant

Iraq: Arab Swiss Engineering Company (ASEC) will cover operation and maintenance of KAR Group’s 1.9Mt/yr integrated Qarachogh cement plant in Erbil. In a press release, ASEC stated that it has already overseen recruitment and planning and implementation of personnel development programs. ASEC's chairman and managing director Khaled El-Sebaie said he was ‘thrilled’ at the completion of the plant's hand-over.

Published in Global Cement News
Tagged under
  • Iraq
  • ASEC
  • KAR Group
  • Plant
  • GCW423
16 September 2019

US court rules in favour of Cementos Argos in pricing dispute

US: Cementos Argos has won its case before the Court of Appeals for the Third Circuit. Spartan Construction accused it of unlawfully selling cement at a lower price to a competing buyer in the US Virgin Islands. Mondaq reports that Argos traded with both Spartan and Heavy Materials on St. Thomas between 2010 and 2013, when Spartan withdrew its ready-mix concrete business from the island. Only the latter received a 10% volume discount. The court found Argos not in violation of competition law due to lack of proof of harm attributable to discriminatory prices.

Published in Global Cement News
Tagged under
  • US
  • US Virgin Islands
  • Court
  • Cementos Argos
  • pricing
  • GCW423
16 September 2019

Siberian Cement transports cement by sea

Russia: After two years of transporting its product by land only, Siberian Cement has reported a busy summer shipping window in 2019. In the two months to the end of August 2019, it shipped 15,500t of cement to Novy Port on the Gulf of Ob, Arctic Ocean. The company has announced its intent to move 17,000t in 2020 and 13,000t in 2021 by means of it 1000t-capacity barges.

Published in Global Cement News
Tagged under
  • Russia
  • Siberian Cement
  • Shipping
  • GCW423
16 September 2019

Cemex buys into GoFor logistics

North America: Cemex’s venture capital division has invested an undisclosed sum in the construction materials delivery and logistics brand GoFor. Gonzalo Galindo, the chief executive officer (CEO) of Cemex, has stated the importance of improving efficient on-site delivery as ‘a critical point in the construction value chain’ of its North American divisions.

Published in Global Cement News
Tagged under
  • North America
  • Cemex
  • Distribution
  • Contract
  • GCW423
16 September 2019

Sugarcane bagasse and bamboo leaf ash enhance hydration and concrete strength in cement study

Brazil: A research team at the University of São Paolo (USP) has concluded a study of cement hydration and pozzolanic activity when using 10% sugarcane bagasse (SB) and bamboo leaf ash (BLA) mixture. A paper released by the team has stated that the additive lowered the calcium hydroxide and heat required for hydration, saving on costs and emissions in cement production. Both binary and ternary concretes had higher compressive strengths with than without the mineral-rich additive. The study was supported by public and private funding.

Published in Global Cement News
Tagged under
  • Brazil
  • Ash
  • Study
13 September 2019

Rai Group loses bid for ARM Cement

Kenya: PricewaterhouseCoopers has rejected Rai Group’s bank guarantee of US$12.5m as part of its US$62.6m bid for ownership of ARM Cement. The bid constituted an attempt to forestall the latter’s sale to Devki Group subsidiary National Cement, which remains under the scrutiny of the courts. Business Daily has reported that Rai Group’s offer failed due to an insufficient expiry period of nine months on the guarantee, exposing the seller to untenable risk.

Published in Global Cement News
Tagged under
  • Kenya
  • ARM Cement
  • Sale
  • Court
13 September 2019

Grupo Cementos plans 100% renewable power at Odessa cement plant

US: Grupo Cementos de Chihuahua’s 0.9Mt/yr integrated cement plant in Odessa, Texas, will run entirely on wind and solar power. Adpren has reported that the company engaged an unnamed energy provider on a 10-year power purchase agreement for the entirety of its electricity consumption, beginning in July 2022. This will cut 45,000t/yr of carbon dioxide (CO2) emissions and represents a saving of US$4.6m in energy costs over its period of effect, a saving of 22% annually compared to Grupo Cemento’s current bill.

Published in Global Cement News
Tagged under
  • US
  • Texas
  • Grupo Cementos de Chihuahua
  • Plant
  • Upgrade
  • renewable energy
  • GCW423
13 September 2019

Itacamba Cemento increases eight-month Paraguayan exports by 322% year-on-year

Paraguay: Bolivia-based Itacamba Cemento has increased its cement exports to Paraguay in the eight months to 31 August 2019 to 38,000t, 10% of the latter’s market demand. This represents an increase of 322% compared to 9000t in the same period of 2018. Pagina Siete has reported that the company additionally imported 36,000t of clinker, a 32% decrease of from 53,000t in the eight months to August 2018. Itacamba Cemento general manager Alexander Capela has expressed the company’s desire to use the Paraguay-Paraná Waterway to export surplus finished product, mainly to wholesale distributors in Asunción. The company aims to consolidate its 1.2Mt/yr capacity to meet Bolivia’s increasing domestic demand, currently 4.5Mt/yr.

Itacamba Cemento began exporting cement to Paraguay in 2017 due to the favourable exchange rate and hence a high profit margin for Bolivian produce exchanged for Paraguayan guaraní.

Published in Global Cement News
Tagged under
  • Paraguay
  • Bolivia
  • Itacamba Cemento
  • Export
  • GCW423
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