Ethiopia: The Endowment Fund for the Rehabilitation of Tigray (EFFORT) plans to sell its shares in Messebo Cement. The shares will go on sale at the International Tigray Diaspora festival later in July 2019, according to Fana Broadcasting. EFFORT is also selling its shares in SUR Construction and Trans Ethiopia.
HeidelbergCement confirms faith in Togolese market
Togo: Eric Goulignac, a regional director of HeidelbergCement based in West Africa, says that the company believes in the local market despite competition. He expressed confidence due to the quality of its products, according to Télégramme228. The building materials producer is currently finalising a call for tenders for a Euro25m upgrade to its operations, including a new mill, at Cimtogo’s cement grinding plant in Lomé and a photovoltaic (PV) solar energy plant.
Belarus introduces licences for cement imports outside of Eurasian Economic Union
Belarus: The Council of Ministers has required companies to obtain a special license for importing Ordinary Portland Cement (OPC) from outside the Eurasian Economic Union (EEU). The requirement will take effect later this month and will be in effect for six months, according to the Belapan news agency. The new regulations have been introduced to support the local sector.
In January to April 2019, Belarus imported 0.13Mt of cement including 65,000t from other EEU countries, according to the National Statistical Committee. In the same period, Belarus’ companies made 1.25Mt of cement, an increase of nearly 12% year-on-year, and exported 0.44Mt.
Steppe Cement turnover grows by 34% to US$36.7m in first half of 2019
Kazakhstan: Steppe Cement turnover grows by 34% year-on-year to US$36.7m in first half of 2019 from US$27.5m in the same period in 2018. Its cement sales volumes rose by 6% to 0.78Mt from 0.74Mt. The cement producer said that the local market declined by 3% in the reporting period. Imports represent 8% of the market and they remained stable. Exports fell by 5% to 0.87Mt.


