India: Heidelberg Cement India has been certified as over six times net water positive by TOV SOD, an independent certifying agency. During the 2016 – 2017 financial year the company’s cement plants withdrew 1.09kL of water from various sources but they harvested 6.97kL of water. This implies that the company collected more water from sustainable sources, such as rainfall, than it used. The company's multidimensional approach includes diverting rainwater to
reservoirs, installing water harvesting systems, reviving of bore wells, controlling seepage and educating its staff on water conservation.
East African Portland Cement plans to build railway terminal in Athi River
Kenya: East African Portland Cement plans to build a railway terminal at Athi River near its integrated cement plant. The depot will be used to help deliver raw materials by train on the Standard Gauge Railway to the plant, according to the Business Daily newspaper. Managing director Simon Peter ole Nkeri said that his company relies ‘heavily’ on imported clinker. The cement producer is holding discussions with the government about the project.
Cementos Bío Bío considers expansion to Argentina and Peru
Chile: Cementos Bío Bío is considering expansion plans in Argentina and Peru, according to the El Mercurio newspaper. The plans are part of its 2021 strategy. It also wants to consolidate its leadership in its local market.
Saudi cement sales fall by 11% to 11.8Mt in first quarter of 2018
Saudi Arabia: Cement sales fell by 11% year-on-year to 11.8Mt in the first quarter of 2018 due to a continued slowdown in the construction industry. Weak demand and high inventory levels has forced cement producers to sell their cement in other parts of the country and export to other countries, according to a report by Al Rajhi Capital. The report cited Yanbu Cement's export agreement although it said that its low production costs gives the company the advantage to export at lower prices than its competitors.
Increased competition within Saudi Arabia has led to a price war. The report marked the central region as an attractive region for northern region cement companies due to the relatively bigger market. The sales market share for northern cement companies increased in the last six months. On the other hand, central region companies' market share decreased slightly during the same period.
Yanbu Cement signed a one-year agreement to export 1Mt of clinker and 0.5Mt of cement from April 2018. It is estimated that the deal with Yanbu Cement US$26.6m in extra sales revenue in 2018. Al Rajhi Capital reckoned that the cement producer would be likely to renew the export deal in 2019 as its low margins are unlikely to aid earnings.
