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Lao government changes import procedure for cement 29 October 2018
Laos: The Ministry of Industry and Commerce has ordered regional departments of industry and commerce to stop issuing import licences for cement and steel. Instead, imports of these products will be regulated by customs officials at border crossings, according to the Vientiane Times newspaper. The move is intended to improve the efficiency of business operations in the country as part of an on-going import and export plan to 2020.
Nigerian sales grow for Dangote Cement so far in 2018 29 October 2018
Nigeria: Domestic sales volumes of cement by Dangote Cement grew by 11.7% year-on-year to 10.8Mt in the first nine months of 2018, from 9.6Mt in the same period in 2017. However, sales in Sub-Saharan Africa grew slightly to 7Mt due to lower sales in Tanzania, disruptions due to civil unrest in Ethiopia and a reduction in exports from Nigeria to Ghana. This was mitigated by growing sales volumes in Zambia. Sierra Leone and the start-up of operations in the Republic of Congo. The cement company’s revenue rose by 13.5% to US$1.89bn from US$1.66bn and its earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 14.6% to US$928m from US$810m.
“Nigerian sales were affected by serious flooding in September 2018 and although Pan-African sales were flat, we will see soon increased sales from Tanzania, now that its gas turbines are installed, and from Ethiopia as local community issues are resolved. We have launched new products in Nigeria that we believe will help us improve our leadership position in Africa’s most exciting market for cement,” said Joe Makoju, Group Chief Executive Officer (CEO).
Grupo Cementos de Chihuahua’s sales rise by 11% to US$677m in first nine months of 2018 29 October 2018
Mexico: Grupo Cementos de Chihuahua’s net sales rose by 11% year-on-year to US$667m in the first nine months of 2018 from US$610m in the same period in 2017. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 16.3% to US$199m from US$171m. It attributed the growth to building demand and rising prices in both the US and Mexico. Notable events in the third quarter of 2018 included: the operational integration of the Trident cement plant in Montana; completion of construction of the Rapid City, South Dakota plant expansion and start of the tie-in process; and reactivation of two idled kilns in Chihuahua to meet growing demand in the US and Mexico.
Mexico: Cruz Azul has launched the construction of a fifth production line at its Oaxaca cement plant in Lagunas. State governor Alejandro Murat Hinojosa presided over the ceremony. The new line has an investment of over US$130m and is scheduled for completion by the end of 2020. It will also be able to co-process alternative fuels up to a rate of 40%. Previously, Germany’s Loesche and France’s Fives sold grinding mills for the upgrade.
Canada: CEMSI, a subsidiary of Kontrol Energy, has received an order worth US$0.8m for an emissions analyser for an unnamed ‘global’ cement company. The product offers on-going regulatory compliance and process data to meet government requirements and reduce fuel and energy costs associated with production. The company said that it has withheld the name of the customer due to ‘industry competitive purposes.’
CEMSI, Is an integrator of turnkey continuous emissions and process monitoring equipment solutions, serving the Canadian and US market. Currently, up to 40% of CEMSI’s revenues are recurring under multi-year service agreements. It was acquired by Kontrol Energy in September 2018.
“This is a significant new order for the CEMSI operating team and adds to a growing vertical line of business in emissions compliance,” said Paul Ghezzi, chief executive officer (CEO) of Kontrol Energy.