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LafargeHolcim reportedly seeking to sell assets in Brazil

21 April 2021

Brazil: LafargeHolcim Brasil, part of Switzerland-based LafargeHolcim, is reportedly seeking to sell its assets. The Diario do Comercio newspaper has reported the rumour without detailing its sources. LafargeHolcim has not commented on the matter. However, local government officials in Borosso, Minas Gerais said they were waiting for an official confirmation from the cement producer before they could comment. The newspaper also speculated that the group may have already notified the Brazil government of its intent to sell. Under Brazilian law, any sale would require the approval of the Administrative Council for Economic Defence (CADE). The producer operates three cement plants and two grinding plants in the country.

Published in Global Cement News
Tagged under
  • Brazil
  • LafargeHolcim
  • Divestments
  • GCW502
  • Minas Gerais
  • Cade

Nigerian senate calls on policy changes for the cement industry

21 April 2021

Nigeria: The Senate of Nigeria has called for the federal government to introduce policies, such as tax breaks, to encourage local investments in cement production. The upper legislative chamber made the resolution following a debate about a bill intended to relax rules surrounding cement policy in the country, according the Punch newspaper. It also requested the federal government to provide more industrial incentives and protections such as offering concessionary loans and larger tax incentives for new entrants in order to boost production of cement, reduce prices and encourage more ‘valuable’ local producers.

Senator Lola Ashiru, one of the co-sponsors of the bill, noted that cement was one of the few building materials in which Nigeria was self-sufficient with production capacity reportedly over twice as high as estimated consumption in 2018. However, he said that cement prices in the country were about 240% higher than the global average.

Published in Global Cement News
Tagged under
  • Nigeria
  • Government
  • Price
  • GCW502

Yamama Cement to transfer production line to new plant location

21 April 2021

Saudi Arabia: Yamama Cement plans to transfer and install the seventh production line from its old plant in the south of Riyadh to the new plant’s location in Northern Halal in Al-Kharj governorate of the Riyadh region. The line has a clinker production capacity of 10,000t/day. Following the completion of the move by the end of 2024 the new plant will have a capacity of 30,000t/day. The cement producer said that cost of the move would be funded from the available company's resources.

Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Yamama Cement
  • Plant
  • Upgrade
  • GCW502

Yanbu Cement reports delay to upgrade project on production line

21 April 2021

Saudi Arabia: Yanbu Cement says that a two months modernisation project on Line 4 at its integrated Yanbu plant that was first reported in mid-February 2021 has been delayed. This has been caused by a hold up in receiving certain spare parts. The cement producer said that the financial impact would be limited to the increase in production costs only since the start of the shutdown date. It also stressed that sales would not be affected by the stoppage due to its existing clinker stocks.

Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Yanbu Cement
  • Plant
  • Upgrade
  • delay
  • GCW502

LafargeHolcim France to invest Euro6.2m in La Malle cement plant upgrade

21 April 2021

France: LafargeHolcim France, part of Switzerland-based LafargeHolcim, plans to invest Euro6.2m in 2021 in upgrading its integrated La Malle cement plant in Bouc-Bel-Air, Bouches-du-Rhône department. The La Provence newspaper has reported that the plans include a Euro4.5m modernisation of the flue gas desulphurisation system of the plant’s Line 2 using equipment ordered from Italy-based Boldrocchi. The company said that it plans to maintain similar investment levels in the plant in 2022 and 2023.

The plant had reportedly received complaints about sulphurous smells in the local area. The producer attributed this to the high sulphur content in its clay, which is sometimes over 70%. It said that it is altering supply arrangement to include clay from its L'Estaque, Bouc-Bel-Air and Bellegarde, Ain quarries in its clinker mix in order to reduce sulphur content by 20%.

Published in Global Cement News
Tagged under
  • France
  • LafargeHolcim France
  • LafargeHolcim
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