Global Cement News

Colombia: Cementos Argos has signed a contract with Klaveness Digital for the supply of the latter’s CargoValue cement terminal logistics platform throughout its supply chain. The move follows a successful trial project carried out by the parties during the second quarter of 2021. Cementos Argos says that it solidifies its digitisation agenda to preserve its strong market foothold in the Americas.

Trading and business intelligence senior director Gabriel Ballestas said “Our business model is focused on the customer and on creating added value for our stakeholders. CargoValue has enabled us to digitise existing processes to improve visibility and make better decisions throughout the supply chain towards that goal.” He added “This wider rollout will improve collaboration between stakeholders and allow us to identify and improve supply chain efficiencies between sites.”

Morocco: The government of Morocco has tightened cement and clinker quality standards. The Le Matin newspaper has reported that the new standards will see cement and clinker assessed on the basis of higher consistency and final product durability standards than previously.

Pakistan: The All Pakistan Cement Manufacturers Association (APCMA) has received a request from the Pakistan government to lower cement prices. The International News newspaper has reported that Finance and Revenue Minister Shaukat Tarin spoke with APCMA representatives about trends in cement pricing in the three years prior to August 2021 and the importance of cement in stimulating economic growth. Tarin encouraged the establishment of a consultative session between the association and relevant stakeholders, with the task of proposing a sustainable pricing mechanism.

Algeria: An Egypt-based investment company has initiated legal action against Algeria over issues relating to two cement plant projects. The Global Arbitration Review newspaper has reported that the company is seeking to claim US$900m in damages.

Nigeria: Lafarge Africa has ranked first on PWR Advisory’s Nigerian Exchange Top 20 companies for gender diversity. 46% of the group’s board seats are female-occupied, up from 40% in 2020.

Chair Adebode Adefioye said “Lafarge Africa's commitment to female representation at the board and management rank and file level is unwavering. Our diversity and inclusion targets, which align with our sustainability strategy, set us apart and are a clear indication of our resolve to continue on this trajectory for more extraordinary outcomes. We remain resolutely committed.”