Nigeria: Four workers of Dangote Cement have been jailed for stealing cement worth over US$40,000. The defendants diverted nine cement trucks, bound for Togo, using fake identity cards and truck number plates, according to the Punch newspaper. Adewale Dalmeida, a fleet analyst, at the Ibese Plant, worked with the chief driver of the company, Ibrahim Lawal, and a Ghanaian driver, Lukman Adam, and Afeez Olaniba, who worked as an agent at the Nigerian-Benin border. The prison sentences imposed range from a 18 months to five years.

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.

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.

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.