Turkmenistan: President Gurbanguly Berdimuhamedov has instructed the Türkmensenagat State Agency to build three new plants using foreign investment. During a working meeting with the management of industrial and communication sectors he said that the new plants were required to satisfy local demand and increases exports, according to the Central Asian News Service.
LafargeHolcim Spain to spend around Euro20m to reduce its carbon footprint
Spain: LafargeHolcim Spain plans to spend around Euro20m to reduce its CO2 emissions. The funding will be used to upgrade its plants from 2019 to 2022 with the aim of reducing its emissions by 90,000t/yr. It plans to increase its usage of alternative fuels and reduce its clinker ratio in its products. It follows European funding of Euro145m by LafargeHolcim across 80 projects in 19 European countries to reduce its annual CO2 emissions by 15%. Overall the group hopes to reach by 2030 an average content of 520kg of CO2 per ton of cement.
Construction resumes at Huaxin Narayani Cement plant project after flood
Nepal: Construction of the Huaxin Cement Narayani plant being built at Benighat Rorang Rural Municipality in Dhading has resumed following a flood in July 2019. The deluge damaged worker dormitories, plant structures being built and an access road to the site, according to the Republica newspaper. 400 Chinese workers and 300 local workers are working on the site. Another 600 Chinese workers will be added soon. The company aims to start production at the unit from June 2020.
PPC sales hits by falling volumes in South Africa and Zimbabwe
South Africa: PPC’s sales have fallen due to poor sales volumes in South Africa and Zimbabwe. Its results were also negatively affected by ‘significant’ currency exchange effects between the South African Rand and the Zimbabwean Dollar. Its revenue decreased by 12% year-on-year to US$334m in the six months to 30 September 2019 from US$378m in the same period in 2018. Sales volumes fell by 17% to 2.6Mt. Earnings before interest, taxation, depreciation and amortisation (EBITDA) dropped by 20% to US$58.6m from US$70.2m.
“The positive operational results in Rwanda and the Democratic Republic of the Congo have partially offset difficult and competitive market conditions in South Africa and Zimbabwe,” said chief executive officer (CEO) Roland Van Wijnen. “PPC has continued its efforts to implement necessary price increases to lay the basis for a sustainable domestic cement industry in South Africa.” In South Africa PPC blamed imports and blender activity for exacerbating a poor local market. It also noted that its fuel costs grew by 30% in the reporting period.


