Italy: Buzzi Unicem’s net sales fell slightly to Euro2.41bn in the first nine months of 2020 from Euro2.42bn in the same period in 2019. Its cement sales volumes declined by 1.8% to 21.7Mt from 22.1Mt. The group said that sales volumes recovered during the third quarter of 2020 due to a rebound of demand in Italy, stability in Germany and a ‘trend reversal’ in Russia. Net sales also increased in the US during the third quarter.
Exports continue to drive Çimsa’s sales so far in 2020
Turkey: Çimsa’s net sales grew by 27% year-on-year to Euro175m in the first nine months of 2020. Its operating profit more than doubled to Euro37.1m. Local sales grew faster than export sales in the reporting period but export revenue remains greater than domestic revenue. Chief executive officer (CEO) Umut Zenar reflected this when he praised the company’s strong export performance despite the challenges posed by coronavirus.
SCG’s cement business sales down due to coronavirus lockdowns
Thailand: SCG’s revenue from its cement-building materials business fell by 6% year-on-year to US$4.33bn in the first nine months of 2020. The group attributed this to poor demand resulting from coronavirus-related lockdowns. However, its earnings before interest, taxation, deprecation and amortisation (EBITDA) for the division rose by 9% to US$590m due to cost savings and lower energy prices. Overall, the group reported a similar picture with sales down but earnings up. National cement sales volumes rose slightly in the third quarter of 2020.
Taiheiyo Cement to build new 3.0Mt/yr production line at San Fernando cement plant
Philippines: Japan-based Taiheiyo Cement has approved plans for the installation of a new 3.0Mt/yr production line at its integrated San Fernando cement plant in Cebu. The project at subsidiary Taiheiyo Cement Philippines (TCPI) will cost around US$280m.
The company said that it decided to build the upgrade in response to four-year demand growth of 30% to 32Mt/yr in 2019 from 24Mt/yr in 2015, in line with economic growth in the Philippines. It said, “Despite demand shrinking in 2020 due to the effects of the coronavirus pandemic, it is expected to rise again with strong gross domestic product (GDP) recovery, estimated to be 5% in 2021, and the massive infrastructure investment programme ‘Build Build Build’.”
The company added, “The new line will offer significant advantages in terms of energy efficiency and will reduce CO2 emissions from energy use in clinker production by more than 10% compared with the efficiency of the current line. Additionally, it is expected that the higher quality clinker produced with the new line will enable a reduction in the clinker factor and thereby realise a further CO2 reduction per tonne of cement produced.” The line has the potential for expansion to 5.0Mt/yr production capacity.


