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Huaxin Cement completes Maweni Limestone acquisition

20 May 2020

Tanzania: Huaxin Cement has announced the completion of its acquisition of Kenya-based Athi River Mining (ARM) Cement’s Tanzanian subsidiary Maweni Limestone. Reuters has reported that Huaxin Cement will invest US$30m in completing upgrades to the company’s plants in addition to an investment of US$116m to settle Maweni Limestone’s debts.

Published in Global Cement News
Tagged under
  • Tanzania
  • Huaxin Cement
  • Acquisition
  • Maweni Limestone
  • Kenya
  • ARM Cement
  • Plant
  • grinding plant
  • China
  • GCW456

Lafarge Africa prepares for lower activity in second quarter of 2020

20 May 2020

Nigeria: Lafarge Africa says it is preparing for reduced revenue in the second quarter of 2020 due to subdued activity in the construction sector caused by lockdown measures related to the coronavirus outbreak. Its revenue grew by 10% year-on-year to US$164m in the first quarter of 2020 from US$149m in the same period in 2019. Its profit after tax more than doubled to US$20.8m. First quarter sales were driven by growing cement sales that compensated for slowing aggregate and concrete sales. Managing director Khaled El Dokani said that despite, short-term disruptions due to the epidemic, the subsidiary of LafargeHolcim was confident of the resilience of its business.

Published in Global Cement News
Tagged under
  • Nigeria
  • Lafarge Africa
  • Results
  • coronavirus

Lafarge Cement Zimbabwe predicts 30% demand drop in 2020

20 May 2020

Zimbabwe: Lafarge Cement Zimbabwe has predicted a 30% year-on-year decline in sales volumes in 2020 due to the coronavirus pandemic. All Africa News has reported that Lafarge Cement Zimbabwe is expecting to rely on foreign investment-led projects to stimulate a base level of cement demand to sustain the company’s operations.

Lafarge Cement Zimbabwe said, "The ripple effects of the lockdown and border closures are still to be fully quantified, but the business expects to continue to feel the effects of the COVID-19 outbreak into the second half of 2020."

Published in Global Cement News
Tagged under
  • Zimbabwe
  • Lafarge Zimbabwe
  • LafargeHolcim
  • Results
  • coronavirus
  • GCW456

PCA announces Chairman’s Safety Performance Award winners

20 May 2020

US: The Portland Cement Association (PCA) has announced the winners of its Chairman’s Safety Performance Award for outstanding safety performance in Portland cement production in the US.

The winners were: Cemex USA’s Clinchfield, Georgia and Victorville, California plants; Lehigh Hanson’s Cupertino, California and Tehachapi, California plants; Titan America’s Medley, Florida and Troutville, Virginia plants; LafargeHolcim’s Morgan, Utah and Theodore, Alabama plants; Buzzi Unicem’s Chattanooga, Tennessee plant; GCC of America’s Pueblo, Colorado plant; and Argos USA’s Atlanta, Georgia grinding plant.

PCA chair Tom Beck said, “We’re proud to highlight these top safety performers. Our industry is constantly focused on doing everything possible to assure our employees go home in the same condition as they arrived.”

Published in Global Cement News
Tagged under
  • US
  • Portland Cement Association
  • PCA
  • Awards
  • Cemex
  • Lehigh Hanson
  • Titan America
  • LafargeHolcim
  • Buzzi
  • GCC
  • Argos USA
  • health & safety
  • California
  • Georgia
  • Florida
  • Virginia
  • Utah
  • Alabama
  • Tennessee
  • Colorado
  • GCW456

Cemex Czech Republic supplies Multibat PLUS cement to Eastern Bohemia

20 May 2020

Czech Republic: Cemex Czech Republic has reported the delivery of Multibat PLUS cement to ten intermediaries across East Bohemia from its Prachovice, Pardubice plant. Cemex Czech Republic says that the demand for Multibat arose following the discontinuation of the product in late 2019.

Published in Global Cement News
Tagged under
  • Czech Republic
  • Cemex Czech Republic
  • Cemex
  • Product
  • GCW456
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