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TDI provides update on Ivory Coast grinding project 08 January 2019
Ivory Coast: China’s Tianjin Cement Industry Design & Research Institute says that it received the provisional acceptance certificate (PAC) from an unnamed customer for a grinding plant project in late November 2018. Commissioning, first cement production and project sign-off was received for the two lines. Cimasso, a subsidiary of Cim Metal Group, reported first cement production at its new 2.6Mt/yr grinding plant Bobo Dioulasso in November 2018.
West China Cement forecasts profit bounce in 2019 08 January 2019
China: West China Cement says that it is expecting its net profit to record a ‘substantial’ increase year-on-year in 2018. It has attributed this to a rise in average cement prices. Subsequently, its sales revenue rose by 28% year-on-year for the first eleven months of 2018 compared to the same period in 2017.
India: Birla Corporation has entered the construction chemicals and additives business by launching three new products. It is promoting Perfect Plus IWP, Perfect Plus SBR Latex and Perfect Plus Wall Putty, according to the Business Standard newspaper. The products will have been released in Uttar Pradesh and further rollout will follow. The initiative is intended to create a new revenue stream for the cement producer.
BUA Group orders new production line from CBMI 07 January 2019
Nigeria: BUA Group has ordered a 3Mt/yr production line from China’s CBMI for its Kalambaina cement plant in Sokoto State. It follows the commissioning of a 1.5Mt/yr line at the site in mid-2018, according to the This Day newspaper. The company also completed a new line at its Obu plant at Okpella in Edo State in late 2018. BUA Group will have a production capacity of 11Mt/yr once the new project is completed. BUA Group is also in the process of merging with the Cement Company of Northern Nigeria (CCNN).
Central America: The value of Chinese imports of cement grew by 2% year-on-year to US$77.1m in the first half of 2018 from US$75.6m in the same period in 2017. Nicaragua imported around US$28m, Guatemala US$18m, El Salvador US$12m, Honduras US$7m, Panama US$6m and Costa Rica imported around US$5m, according to CentralAmericaData.