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Malaysia: YTL Cement and Thailand-based SCG have signed a memorandum of understanding with Innocement, a joint venture between the Sarawak Economic Development Corporation (SEDC) and the Bintulu Development Authority (BDA). The agreement is intended to strengthen the cement supply chain, secure the reliability of supply and stabilise prices in the region, according to the Star newspaper. In January 2023 representatives of the SEDC and the BDA had visited SCG in Bangkok. At this time it was reported that a joint venture between the SEDC and the BDA wanted to import 0.5 – 1Mt/yr of cement from SCG.
Salonit Anhovo to become Alpacem Cement Slovenia 19 July 2023
Slovenia: Salonit Anhovo has announced a planned name change to Alpacem Cement Slovenia. STAkrog News has reported that the inclusion of the word ‘Slovenia’ will require special government approval. The company said that Alpacem better reflects its ownership, while Cement reflects its core activity.
Salonit Anhovo is 75% owned by Austria-based Wietersdorfer Alpacem and 25% owned by Italy-based Buzzi.
China: China Shanshui Cement has warned investors of an anticipated net loss during the first half of 2023. Dow Jones Institutional News has reported that the group expects to record a '145 - 150%' year-on-year decline in its profit compared with first-half 2022 levels. It attributed this to a fall in the price of its cement throughout the period.
Bosnia & Herzegovina: Hungary-based Talentis Group and Austria-based Asamer Baustoffe have signed a letter of intent giving the former exclusive negotiation rights in the sale of Lukavac Cement. The subsidiary of Asamer Baustoffe operates the 650,000t/yr integrated Lukavac cement plant in Tuzla Canton. It also controls the nearby Vijenac limestone mine.
Talentis Group already holds foreign assets in Croatia and Romania.
Government to inspect Sinji-Pirim Cement's Sinji-Pirim cement plant over smoke emissions 18 July 2023
Kyrgyzstan: The Ministry of Natural Resources, Environment and Technical Supervision has requested an inspection of Sinji-Pirim's Sinji-Pirim cement plant in Osh Region's Aravan District. Central Asia News has reported that a video emerged on social media showing smoke rising from pipes at the plant on 6 July 2023.
Sinji-Pirim Cement has operated the Sinji-Pirim cement plant since March 2018.
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