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Dragon Products fined US$67,000 for air emissions breech

07 August 2020

US: Dragon Products has been fined US$67,000 by the Maine Department of Environmental Protection for exceeding air emissions regulations since 2013. Ammonia, carbon monoxide and particulate matter levels were all breeched, according to the Bangor Daily News newspaper. Other irregularities with standards were also noted, such as baghouse inlet temperature limits and clinker cooler opacity standards.

Published in Global Cement News
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  • Dragon Products
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Indocement celebrates 45th anniversary

07 August 2020

Indonesia: Indocement celebrated its 45th anniversary on 4 August 2020. To mark the occasion the company held tumpeng cutting ceremonies at four of its sites, issued new staff identification cards with updated logos and organised social media dance and singing competitions between different plants and divisions. The company’s President Director Christian Kartawijaya also inaugurated an expansion to the research and training centre at the integrated Cieureup plant in West Java. The cement producer became a subsidiary of Germany-based HeidelbergCement in 2001.

Published in Global Cement News
Tagged under
  • Indonesia
  • Indocement
  • Anniversary
  • HeidelbergCement
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  • GCW468

Cementos Argos’ cement sales volumes fall by 15% to 6.79Mt in first half of 2020

06 August 2020

Colombia: Cementos Argos’ says its sales volumes in the first half of 2020 were affected by coronavirus-related lockdown measures in Colombia and some countries of Central America and the Caribbean. These markets have since recovered gradually as quarantine measures were eased. Its revenue fell by 4.6% year-on-year to US$1.14bn in the first half of 2020 from 1.20bn in the same period in 2019. Cement and ready-mixed concrete (RMC) sales volumes declined by 15% to 6.79Mt and 19.9% to 4.05Mm3 respectively. Earnings before interest, taxation, depreciation and amortisation (EBITDA) dropped by 9.5% to US$200m.

“These results were driven mainly by the firm commitment of our employees in implementing the health and safety protocols and the saving initiatives contained within RESET (restart safe and healthy), together with the better-than-expected market dynamics particularly in the US and some of our markets in the Caribbean,” said Juan Esteban Calle, the group’s chief executive officer (CEO).

By region the group reported growing RMC sales and earnings, both on an adjusted basis, in the US in the second quarter of 2020. Cement volumes fell in the country, mainly due to lower cement sales volumes in the Northeast region, due to lockdown measures and reduced demand from the wholesale segment. In Colombia a complete national lockdown from the start of the second quarter reduced sales significantly. A mixed picture was presented in the Caribbean and Central America due to differences in government lockdown policy although overall sales and earnings were down.

Published in Global Cement News
Tagged under
  • Colombia
  • US
  • Cementos Argos
  • Results
  • coronavirus
  • lockdown
  • Government
  • concrete
  • GCW468

Eurocement’s exports rise fast so far in 2020

06 August 2020

Russia: Eurocement Group’s exports rose by 67% year-on-year to 0.33Mt in the first seven months of 2020 from 0.20Mt in the same period in 2019. Deliveries to the Belarus, Finland, Latvia, Estonia and Kazakhstan have grown significantly. The group says it managed this despite coronavirus-related lockdowns with construction project suspensions in many markets.

Published in Global Cement News
Tagged under
  • Russia
  • Eurocement
  • Export
  • Belarus
  • Latvia
  • Estonia
  • Kazakhstan
  • GCW468

Cimpor to supply cement for railway project

06 August 2020

Portugal: Cimpor has won a contract to supply cement for a new 80km railway line linking Elvas to Évora. It expects to delivery up to 0.14Mt of cement for the project, according to the Dinheiro Vivo newspaper. Cement will be supplied from its Alhandra integrated plant and ready-mixed concrete from other sites. The project is expected to be completed in early 2023.

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