Global Cement News

China: Huaxin Cement’s sales revenue grew by 54% year-on-year to US$3.33bn in 2017 from US$2.15bn in 2016. Its net profit more than tripled to US$331m from US$72m. Cement production rose by 33% to 66.1Mt from 50Mt.

In 2017 Huaxin Cement obtained permission for upgrade projects including 3000t/day at Tibet Shannan, 3000t/day at Shigatse, 4000t/day at Yunnan Luquan and 2.85Mt/yr at Huangshi. Work at Tibet Shannan and Shigatse started in 2017. Construction at Yunnan Luquan and Huangshi is due to start in 2018.

The cement producer reported that an unnamed pilot plant was the first to adopt a co-processing rate of 100% of alternative fuels at the ‘head and end’ of the kiln. It also said that all of its domestic cement plants have been licenced for pollution discharge.

Saudi Arabia: Yanbu Cement has signed an agreement to export 1Mt of clinker and 0.5Mt of clinker for one year from 1 April 2018. The arrangement is expected to add around US$27m to the company’s revenue.

Oman: Raysut Cement has inaugurated a new packing unit at its Salalah cement plant. The upgrade doubles the plant’s packing capacity. This will allow the cement producer to export an additional 1Mt/yr of bagged cement to markets in Yemen, Somalia and elsewhere in East Africa. The company spent just under US$4m on the project.

Ukraine: Eurocement Ukraine has reduced its loss by 14% year-on-year to Euro4.47m in 2017. It nearly doubled its production to 1.12Mt of cement, according to Nezavisimy Stroitelny. Of this total 1.1Mt was shipped to consumers.

Nigeria: Cement Company of Northern Nigeria’s (CCNN) sales revenue rose by 39% year-on-year to US$54.7m in 2017 from US$39.3m in 2016. Its profit after tax more than doubled to US$9m from US$3.5m, according to This Day newspaper. However, its cost of sales also rose, by 18% to US$33.4m from US$28.3m.