Algeria: The Ministry of Trade has drawn up a plan for the export of Algeria’s 20Mt/yr surplus cement, over 1.0Mt/yr of which is already being exported to Niger and other West African neighbours. Algeria Press Service has reported that the plan involves the country opening its land and sea borders for the cement, which constitutes 50% of the country’s 40Mt/yr total cement production.

Trade Minister Kamel Rexig said, “The surplus production will be exported and will thus guarantee an inflow of money amounting to US$900m/yr. The ministry has identified 10 national zones of production, including the export of cement, as a strategy for the year 2021.” He added, “The efforts made by economic and industrial operators to increase the volume of production intended for export in cement deserve to be encouraged.”

Algeria’s cement capacity first exceeded domestic consumption in 2017, prior to which it relied on cement imports from Tunisia.

India: Ambuja Cement’s profit in the first nine months of 2020 was US$176m, up by 21% year-on-year from US$146m in the first nine months of 2019. It revenues dropped by 7.8% to US$1.07bn from US$1.16bn, primarily due to the impacts of the Coronavirus outbreak. It said that this was likely to continue to affect results into the fourth quarter of 2020.

 

Sweden: Sandvik says that it will launch Sandvik Rock Processing Solutions in on 1 January 2021. The new business area will consist of its current Crushing and Screening division, which is part of the Sandvik Mining and Rock Technology business area at present. It said the reason for the restructure was “to accelerate profitable growth.”

Chief executive officer (CEO) Stefan Widing says, “Sandvik is market leading within rock processing, and our Crushing and Screening division is a well-performing business with exciting growth opportunities, operating quite independently, with its own manufacturing, sourcing and aftermarket. By establishing Rock Processing Solutions as a business area we will improve transparency and strengthen our growth ambitions within the area."

India: Dalmia Bharat plans to build an integrated cement plant in Kalaburgi, Karnataka. BusinessLine Online News has reported that the plant will cost around US$270m.

The company already operates the 2.5Mt/yr Belagavi plant in the state, which it commissioned in March 2015. Chief Minister Bookanakere Yediyurappa said, “Karnataka is proud to be home to Dalmia Bharat group and look forward to strengthening the relationship further.”

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