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Colombia: Cementos Argos has shared plans for an 80% increase to its planned aggregates production capacity in Colombia to 4.5Mt/yr by 2024. In 2022, the company predicts that its aggregates business will contribute full-year earnings before interest, taxation, depreciation and amortisation (EBITDA) of US$2.8bn.
Colombia's annual aggregates consumption is 130 - 140Mt/yr.
Çimsa Çimento completes divestment of plants to Fernas Group 03 August 2022
Turkey: Çimsa Çimento has completed the divestment of its 1Mt/yr Kayseri and 1.2Mt/yr Niğde integrated cement plants and its Ankara grinding plant to Fernas Group. The transaction was valued at Euro110m. The sale was originally announced in mid-June 2022.
Turkmenistan: Turkmencement’s integrated Lebap plant has increased its production of cement to 0.47Mt in the first half of 2022. This is an improvement over the 0.45Mt level reported in the same period in 2021, according to Jeyhun News. The plant was originally built in 2013. A new production line at the site was reportedly ordered from Germany-based Thyssenkrupp Industrial Solutions in mid-2021.
Japan: Sumitomo Osaka Cement has announced its next price rise from the start of October 2022. It previously raised the price of its cement-related products by 20% in April 2022. It blamed this on rising raw material, energy and logistics costs. A further price will be considered from April 2023.
Algeria: Groupe des Ciments d'Algérie (GICA) has obtained a certificate of conformity with European standards (CE) for three types of cement. The certification should allow the company to export more products to Europe, according to the Expression newspaper. It applies to its Gica Moudhad and Gica Béton products. The move follows similar certification of products with the Association Française de Normalisation (AFNOR) from the company’s Aïn El Kebira plant in July 2021. At the same time the Minister of Industry said it was helping the group with its export strategy.
In 2021 GICA exported 2.25Mt of cement to countries including the Ivory Coast, Gambia, Ghana, Mauritania, Senegal , Cameroon, Benin, Guinea, Brazil, Peru, the Dominican Republic, Haiti and a number of European countries.