Russia: Eurocement subsidiary Belgorodsky Cement has announced the start of commercial production of a new CEM-III slag Portland cement. The company says that the cement is highly water and frost resistant and suitable for use in the construction of massive ground and underground structures. Belgorodsky Cement director general Eduard Androsov said, “We offer our customers an individual approach to solving construction problems and guarantee a stable supply of high quality products in the required volumes and within strictly defined deadlines.”
Vietnamese cement exports drop by 1.4% in first five months of 2020
Vietnam: The Vietnam National Cement Corporation (VICEM) has reported that Vietnamese producers exported 13.6Mt of cement between 1 January 2020 and 31 May 2020, down by 1.4% year-on-year from 13.8Mt in the corresponding five months of 2019. Producers exported 7.07Mt of cement to China, up by 26% from 9.55Mt, 2.08Mt to the Philippines, down by 29% from 2.93Mt, and 1.36Mt to Bangladesh, down by 9.9% from 1.51Mt. The total value of exported cement fell by 14% to US$505m from US$590m.
Bruks Siwertell rebrands
US: Bruks Siwertell has launched a new branding, including a brand new logo. Group chief executive officer (CEO) Peter Jonsson said, “Our new appearance is part of a recognition process. It shows customers that Bruks and Siwertell products are part of the same family, and enables the instant association of our equipment with the ability to add value to operations, generate profitability and offer an impressive return on investment for their owners.” He added, “We have grown our business significantly over the last few years and this is a natural stage in our transformation process: a new look to show the market that we are bigger than our individual brands.”
The India Cements’ profit drops by 49% in fiscal year 2020
India: The India Cements recorded a profit of US$4.70m in the fiscal year ending 31 March 2020, down by 49% year-on-year from US$9.18m in the 2019 fiscal year. Sales fell by 10% to US$669m from US$744m. The company attributed the fall in revenue partly to the suspension of operations in the fourth quarter following the beginning of the nationwide coronavirus lockdown in late March 2020.
