Global Cement News

Oman: Raysut Cement’s revenue fell by 5% year-on-year to US$108m in the first half of 2019 from US$114m in the same period in 2018. Its profit after tax dropped by 27% to US$1.3m from US$1.8m.

Egypt: Suez Cement’s consolidated profit rose by 82% year-on-year to US$12.8m in the first quarter of 2019 from US$7.04m in the same period in 2018. However, its revenue fell by 14% to US$109m from US$127m. Its standalone business reported both a loss and falling sales.

Peru: Cement production rose by 6% year-on-year to 5.02Mt in the first half of 2019 from 4.75Mt in the same period in 2018. Local despatches rose by 5% to 4.84Mt from 4.60Mt. Data from the Asociación de Productores de Cemento (ASOCEM) shows that clinker exports fell by 18% to 0.45Mt from 0.55Mt. Clinker imports remained stable. Consumption increased by 3% to 5.50Mt from 5.33Mt.

Sri Lanka: Lanwa Sanstha Cement has ordered two MVR 5000 C-4 type roller mills from Germany’s Gebr. Pfeiffer. The vertical roller mills will be used for the production of various cement types based on clinker, gypsum, granulated blast-furnace slag and fly ash. The end customer is part of Onyx Group, which mainly operates in Sri Lanka and the UAE. The contract was signed in February 2019. No value for the order has been disclosed.

Most of the components of the grinding plants will be supplied by Gebr. Pfeiffer (India). The core components of the mills - including the grinding rollers, the tension systems and the gear units - will come from Europe. Gebr. Pfeiffer (India) will also provide the entire engineering for the grinding plants and make available staff to support and supervise the erection and commissioning and assist with the performance test. The two grinding plants will each produce about 180t/hr of Ordinary Portland Cement (OPC) ground to a fineness of 4000cm²/g acc. to Blaine and they will be set up at staggered intervals. Delivery of the first plant is slated for the end of 2019 and scheduled to be commissioned in the second quarter of 2020.

India: Germany’s ThyssenKrupp plans to build a procurement centre for its engineering business in India. Marcel Fasswald, the chief executive officer (CEO) of ThyssenKrupp Industrial Solutions, said that the company is trying to reverse its poor performance in 2018, according to Reuters. He views the cement and mining industries as key drivers of the company’s growth in India as state-backed infrastructure projects take shape. He added that India had cost benefits that made the country a preferred location for the project.