Global Cement News

China: China Shanshui Cement recorded a consolidated net loss of US$38.7m, down by 34% year-on-year from US$59.0m. ET Net News has reported that its operating sales increased by 70% to US$481m.

Philippines: The Department of Trade and Industry (DTI) has launched a probe into the possible imposition of a new anti-dumping duty on imports of cement from Vietnam. The Philippine Star newspaper has reported that Vietnamese cement continues to enter the Philippine market at allegedly dumped prices despite the DTI’s safeguard measures on the product. The DTI is authorised to investigate where prices are believed to be harmful to the domestic industry. Cemex Philippines, Holcim Philippines and Republic Cement have applied for a probe.

El Salvador: Holcim el Salvador, part of Switzerland-based LafargeHolcim, has invested US$4.0m in the first four months of 2021 in establishing three new 70m³/hr-capacity ready-mix concrete plants and one aggregates plant. The La Prensa Grafica newspaper has reported that the plants have increased the company’s concrete production capacity by 60%. The concrete plants are situated at Apopa, La Paz and Sonsonate, enabling the producer to serve a wide area. The new plants have generated 100 direct and indirect jobs. As part of the investment, the company acquired 22 new concrete trucks. It plans to establish two further concrete plants at Santa Ana and in eastern El Salvador in 2021.

Concrete and aggregates manager Guillermo Torres said “We intend to have national coverage for all builders of all types and sizes.” He added “We have seen a rebound in the construction sector. The main bet is always high-rise, medium and high-end housing, small-scale shopping centres with open concepts, textile industrial buildings plus government investment in roads and maintenance and extension.”

Germany: Messe München has announced the postponement of the Bauma 2022 trade fair to 24 – 30 October 2022. The previously scheduled date for the event had been 4 – 10 April 2022. The organiser said it recognised growing uncertainties about the April date in light of the on-going Covid-19 outbreak. The new dates are at a time when it is confident of the possibility of international travel.

Chair and chief executive officer Klaus Dittrich said, “The decision to postpone Bauma was not an easy one for us, of course. But we had to make it now, before the exhibitors start planning their participation in the trade show and make corresponding investments. Unfortunately, despite the vaccination campaign that has been launched around the world, it is not yet possible to predict when the pandemic will be largely under control and unlimited worldwide travel will be possible again. This makes participation difficult to plan and calculate for both exhibitors and visitors. Under these circumstances, we would not have been able to fulfil our central promise that Bauma, the world's leading trade fair, represents the entire spectrum of the industry and generate international reach like no other comparable event. After all, Bauma’s last edition welcomed participants from over 200 countries around the world. Hence, the decision is consistent and logical.”

Switzerland: LafargeHolcim’s first-quarter consolidated net sales rose by 1% year-on-year to Euro4.86bn in 2021 from Euro4.79bn in 2020. Its recurring earnings before interest and taxation (EBIT) doubled to Euro478m from Euro237m. Cement sales volumes grew by 5.5% to 47.3Mt and ready-mixed concrete by 2.7% to 10.1Mm³. The group said that it anticipates growth to accelerate in 2021. It expects to achieve its Strategy 2022 targets one year ahead of time.

During the quarter, the group concluded its acquisition of US-based Firestone Building Products and received an A1+ social, environmental and governance rating from UK-based Vigeo.