Global Cement News

Austria: RHI Magnesita, the leading global supplier of refractory products and solutions, is adding a new member to its Executive Management Team. Ticiana Kobel, 49, will join RHI Magnesita as Executive Vice President and General Counsel.

“We are really happy to have Ticiana Kobel on board,” said Stefan Borgas, CEO of RHI Magnesita. “With her more than 20 years of experience in different positions providing legal insight on a global scale, leading legal departments and making strategic decisions in legal and governance matters at multinational companies, she perfectly fits the needs of our global company and will be an asset in the future development of our success.”

Kobel, who completed a law degree with an emphasis in corporate law and an LLM in international economic law and European law in Lausanne and Geneva, Switzerland, has gained valuable management skills in a wide range of global business branches, leading legal departments in the manufacturing industry, the aviation industry, the technology industry, the service sector and the engineering industry. She has been in charge of crucial projects pertaining to all legal matters, such as spin-offs, entity sales, potential acquisition targets and corporate governance issues, and assisted with the design and implementation of compliance functions, mergers and acquisitions and partnerships.

Uzbekistan: The State Committee of Uzbekistan for Ecology and Environmental Protection plans to create a system of monitoring stations for automatic measurement of air pollution, including particulate matter (PM), throughout the country. Part of this will include the installation of automatic emissions sampling and analysis stations at a number of industrial plants, as well as static monitoring stations within and near plant sites, including in the cement sector. Installation will be at the cost of the industrial facility.

In late 2019 the State Committee for Ecology, together with the Ministry of Health and Uzhydromet, took samples of air from 13 cement plants, finding that five greatly exceeded international norms for dust emissions. Based on the results of the audit, the committee has developed a draft government decree on strengthening environmental control over cement plants. If the document is approved, then all existing cement manufacturers will be obliged to install automatic sampling stations for analysis of air pollution by 1 January 2022, as well as stationary posts in the adjacent territory at their own expense.

Australia: National press in Australia has reported that the Irish building materials giant CRH has approached Boral regarding a possible takeover. CRH snapped up US$6.5bn of assets from Lafarge and Holcim in 2015 following their merger to become LafargeHolcim, and it consequently became the third-largest building materials supplier by market value internationally.

The speculation comes amid market expectations that Boral could be broken up if a takeover does not unfold soon. Suitors have looked at Boral before but a deal has never eventuated. The company’s market value is US$3.9bn, so it could be within the grasp of a cash-rich strategic player or private equity firm from overseas. Three years ago Boral was worth more than US$4.8bn.

Meanwhile, Australia's devastating recent bushfires have affected Boral’s Berrima plant in New South Wales, likely leading to lower production and margins. This was due to extended leave for staff and road closures.

Vietnam: Maintaining exports will be critical for the Vietnamese cement industry amid rising production output and anticipated sluggish domestic sales in 2020, according to Nguyễn Quang Cung, President of the Vietnam Cement Association (VCA).

Cung also reported that two new cement plants will go into operation during 2020: a 2.5Mt/yr plant in Tân Thắng Commune in the central province of Nghệ, and a 4.6Mt/yr plant in Bỉm Sơn Commune, Thanh Hóa. These new facilities will give the domestic cement industry a total production capacity of more than 100Mt/yr, with local demand estimated to be closer to 70Mt/yr. “Maintaining exports will be critical for the cement industry this year,” said Cung, but domestic projects are likely to remain ‘sluggish’ due to stagnant infrastructure projects.

Over the medium term, Cung said that cement exports would fall to 25Mt in 2021 form 34Mt in 2020, based on an expectation that domestic sales will increase.

India: A 20 year old man has been arrested in Nalanda, Bihar for allegedly creating a fake UltraTech Cement website. The individual reportedly took payment for cement and then ceased contact, leaving genuine UltraTech Cement representatives in the state with angry enquiries. UltraTech then reported the site to police.

Police have stated that the arrested man, Rohit Kumar Balram Prasad, has been charged under sections 482 (using false property mark), 483 (counterfeiting a property mark used by another), 419 (cheating by personation) among others of the IPC and the Information Technology Act. They added that further arrests are expected.