Global Cement News

Qatar: Qatar National Cement has signed a provisional acceptance certificate with France’s Fives for the construction of new production line at the Umm Bab plant. The new 5000t/day line is the fifth at the site. It covers the whole equipment from the raw material preparation to the cement dispatch. Previously Fives and Qatar National Cement collaborated on lines two, three and four at Umm Bab.

Indonesia: Holcim Indonesia has refused to comment on local media stories that its parent company, LafargeHolcim, is planning to sell it. Both Kontan and CNBC Indonesia have reported that LafargeHolcim is looking for buyers for its subsidiary as part of its global divestment scheme. LafargeHolcim owns an 80% share in Holcim Indonesia.

Burkina Faso: A new cement plant project being built in Bobo-Dioulasso has drawn complaints from local residents and businesses. The unit is being built in an agricultural indstury section of the city and local companies fear that dust from plant might damage their products, according to the Le Pays newspaper. Food from the region is exported to Europe. Morocco’s Ciments de l'Afrique (CIMAF) announced that it had started building a grinding plant in Bobo-Dioulasso in mid-2016.

China: Anhui Conch expects that its profit will double year-on-year for the first half of 2018. The company reported an unaudited net profit of US$1.01bn in the first half of 2017. It has attributed the growth in profit to a ‘significant’ increase in the price of its products and an increase in revenue. The cement producer plans to release its half year report by the end of August 2018.

India: Jaiprakash Associates has secured an order worth US$415m from Chenab Valley Power Projects. The deal is to build a diversion tunnel and concrete face dam for a hydroelectric project in Jammu and Kashmir, according to the Economic Times newspaper. The company is currently attempting to sell its remaining cement production assets to ACC.