Global Cement News

US: A US court has fined Argos USA US$20m for violations of antitrust rules between 2011 and 2016 with regards to the ready-mixed concrete market. The subsidiary of Columbia-based Cementos Argos subsidiary has admitted to collusion with another ready-mix producer. The US Department of Justice says that the companies coordinated price rises, submitted collusive non-competitive bids to customers, allocated markets in Southern Georgia and elsewhere and charged fuel surcharges and environmental fees.

Argos says the conspiracy was committed by, “a small number of former employees of a small, local sales office” that joined Argos when it acquired another company, according to Reuters. It added that its management “did not participate in or condone the conduct, which was undertaken in contravention of company compliance policies.”

Morocco: Bab Sahara Company is building a new cement plant in Guelmim, Guelmim-Oued Noun. Le Desk has reported that the company is a joint venture between three private investors, including Tarfaya City Council Chair Abdelhay Hartoun. An environmental impact study for the project was started in late December 2020 by the Ministry of the Interior.

Kenya: Bamburi Cement has decided against the planned sale of its Mombasa precast concrete blocks plant. The Standard newspaper has reported that the company previously failed to sell the asset to Yellow House Limited, because the buyer failed to meet conditions precedent to the agreement. The Competition Authority of Kenya (CAK) had approved the sale in March 2020.

Paraguay: Cementos Concepción (Cecon) says that its new 1Mt/yr integrated Concepción cement plant in San Lazaro will start commissioning in June 2022. Regular production is expected to start in August 2022. The Hoy newspaper reports that the project recently secured the last phase of its funding. It has a total investment of US$240m.

Argentina: Holcim Argentina has confirmed that it will stop milling activity at its Yocsina cement grinding plant in Córdoba province at the end of March 2021. The decision is part of a move to unify all cement grinding in the region at its integrated Malagueño plant, according to Agência CMA. The latter unit is currently being upgraded with start-up scheduled for the first quarter of 2021.