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Steppe Cement reports positive 1H18
Steppe Cement sold 0.74 million t of cement in the first half of the year, a 14% increase on the same period in 2017. Sales revenues were up 23% year on year. Overall, the cement market in Kazakhstan increased 7% in 1H18. Domestic producers increased shipments by 15% and also benefitted from a more than doubling of exports, which came on the back of favourable exchange rates. Imports – which represent 8% of the market – also rose by 30%. Steppe Cement currently estimates the country’s cement consumption will be 9.4 million t in 2018. Steppe Cement’s local market share increased slightly over the first six months of the year from 15% in 1H17 to 16%. It also exported a slightly larger proportion of its sales. /WorldCement
UAECEMENT.COM - Jul ,15,2018

Steppe Cement reports positive 1H18
Steppe Cement sold 0.74 million t of cement in the first half of the year, a 14% increase on the same period in 2017. Sales revenues were up 23% year on year. Overall, the cement market in Kazakhstan increased 7% in 1H18. Domestic producers increased shipments by 15% and also benefitted from a more than doubling of exports, which came on the back of favourable exchange rates. Imports – which represent 8% of the market – also rose by 30%. Steppe Cement currently estimates the country’s cement consumption will be 9.4 million t in 2018. Steppe Cement’s local market share increased slightly over the first six months of the year from 15% in 1H17 to 16%. It also exported a slightly larger proportion of its sales. /WorldCement
UAECEMENT.COM - Jul ,15,2018

New cement plant project in Bobo-Dioulasso draws criticism
Burkina Faso: A new cement plant project being built in Bobo-Dioulasso has drawn complaints from local residents and businesses. The unit is being built in an agricultural indstury section of the city and local companies fear that dust from plant might damage their products, according to the Le Pays newspaper. Food from the region is exported to Europe. Morocco s Ciments de l Afrique (CIMAF) announced that it had started building a grinding plant in Bobo-Dioulasso in mid-2016. /Global Cement
UAECEMENT.COM - Jul ,10,2018

Qatar National Cement signs provisional acceptance certificate with Fives
Qatar: Qatar National Cement has signed a provisional acceptance certificate with France’s Fives for the construction of new production line at the Umm Bab plant. The new 5000t/day line is the fifth at the site. It covers the whole equipment from the raw material preparation to the cement dispatch. Previously Fives and Qatar National Cement collaborated on lines two, three and four at Umm Bab.
UAECEMENT.COM - Jul ,10,2018

Buzzi Unicem celebrates 50th anniversary of YUGcement plant
Joined by company employees, the management of Dyckerhoff Ukraine, partner companies, YUGcement customers and suppliers, and regional representatives from state authorities, Buzzi Unicem celebrated the 50th anniversary of the YUGcement plant. Andriy Navrotskiy, Director of the YUGcement plant, and Sergiy Dudzianiy, Country Manager for Ukraine, welcomed guests. The employees and visitors were also welcomed by Paolo Zelano and Gigi Buzzi, representing the group s management and shareholders, while Pavlo Katschur and Roman Skilski, President and Director of the Ukrcement association, highlighted the huge contribution made by YUGcement to the growth of the Ukrainian cement industry. YUGcement is an important business in the Mykolajiw area and plays a prominent role within the social sphere, providing constant support to the local community, schools, charitable organisations, churches, and many other institutions. The company funds numerous projects, including the construction of the Olshanske school, sponsors the kite festivals, and supports various voluntary associations. /Global Cement
UAECEMENT.COM - Jun ,27,2018

LafargeHolcim to supply concrete for Switzerland’s tallest building
LafargeHolcim has begun delivery of the first materials for the construction of the second Roche Tower in Basel, which will be Switzerland s highest building on completion in 2022. The company is supplying an “integrated solution of difference materials”, according to a press release, including ultra-high performance concrete. The company s solutions offer the high compressive strength and low hydration heat of the concrete used for the massive foundations and core walls: a key requirement to prevent cracks and save on construction costs. The contract follows LafargeHolcim s successful involvement in the construction of the first Roche Tower. LafargeHolcim are to deliver the building materials from local plants via rail to a just-in-time delivery schedule. The company has also introduced a range of measures to reduce noise during transport and application of its products, including a special plastic coating for the trailers of its gravel trucks to ensure a quieter discharging process.
UAECEMENT.COM - Jun ,25,2018

InterCement reports volume growth in 1Q18
InterCement reported a 3.1% increase in cement and clinker volumes in 1Q18. According to its latest interim results, the company sold 5.79 million t of cement and clinker in the first three months of the year, compared to 5.62 million t in 1Q17. “We had a good start,” said Paulo Deniz, InterCement s Chief Financial Officer, “Volumes grew in 1Q, reverting the downward trend observed for this quarter since 2014.” Volumes were supported by continued momentum in private construction and infrastructure in Argentina, where InterCement s Loma Negra reported cement and clinker sales up 9.5% to 1.6 million t. Portuguese volumes were also up, benefitting from increased exports, while InterCement s African operations reported a volume growth of 11.3%. The company also reported an average price increase of 10.6% in local operating currencies, although this was offset by a depreciation of operating currencies against the euro. As a result, sales revenues were down 3.7% at €436.1 million.
UAECEMENT.COM - Jun ,20,2018

BUA Group to commission new line at Sokoto Cement plant
Nigeria: BUA Group is ready to commission a new 1.5Mt/yr cement production line at its Sokoto Cement plant in the northwest of the country. The upgrade will increase production at the unit to 0.5Mt/yr, according to the Vanguard newspaper. The company exports cement from the plant to neighbouring Niger. The new line will run on coal and natural gas. The cement producer also operates a 3.5Mt/yr plant at Okpella & Obu in Edo state in the mid-west of the country. /GlobalCement
UAECEMENT.COM - Jun ,20,2018

Bestway Cement completes plant expansion
Bestway Cement has completed the construction and installation of a brownfield expansion project at its Farooquia plant in Pakistan. The new production has clinker capacity of 6000 tpd and began production on 31 May. Work on the project took only 14 months, the company said. /WorldCement
UAECEMENT.COM - Jun ,4,2018

Bestway Cement completes plant expansion
Bestway Cement has completed the construction and installation of a brownfield expansion project at its Farooquia plant in Pakistan. The new production has clinker capacity of 6000 tpd and began production on 31 May. Work on the project took only 14 months, the company said. /WorldCement
UAECEMENT.COM - Jun ,4,2018

Losses mount at ARM Cement in 2017
Kenya: ARM Cement’s net loss more than doubled to US$55m in 2017 due to poor demand in Kenya and Tanzania. Its sales fell by 32% year-on-year to US$85m from US$127m. Elections in Kenya reduced cement demand, a coal import ban in Tanzania caused production issues at its Tanga cement plant and both countries saw increased competition. “2017 was the most challenging for the group since the company’s listing on the Nairobi Securities Exchange in 1997. Whilst the management has navigated many business difficulties well in the past, raised capital for expansion, increased net profits and market capitalisation continuously over a 14 year period up to 2015, the challenges of the past year have been unprecedented,” the company said in a statement. The cement producer says it is undergoing a ‘significant’ review of its current operations, asset base and financing structure to address its problems. It has also been cutting staff benefits as part of its plan to save money. UK-government investor CDC Group, which holds a 41% stake in the company, has also replaced its board members Ketso Gordhan and Pepe Meijer with Sofia Bianchi and Rohit Anand. /GlobalCement
UAECEMENT.COM - Jun ,4,2018

Losses mount at ARM Cement in 2017
Kenya: ARM Cement’s net loss more than doubled to US$55m in 2017 due to poor demand in Kenya and Tanzania. Its sales fell by 32% year-on-year to US$85m from US$127m. Elections in Kenya reduced cement demand, a coal import ban in Tanzania caused production issues at its Tanga cement plant and both countries saw increased competition. “2017 was the most challenging for the group since the company’s listing on the Nairobi Securities Exchange in 1997. Whilst the management has navigated many business difficulties well in the past, raised capital for expansion, increased net profits and market capitalisation continuously over a 14 year period up to 2015, the challenges of the past year have been unprecedented,” the company said in a statement. The cement producer says it is undergoing a ‘significant’ review of its current operations, asset base and financing structure to address its problems. It has also been cutting staff benefits as part of its plan to save money. UK-government investor CDC Group, which holds a 41% stake in the company, has also replaced its board members Ketso Gordhan and Pepe Meijer with Sofia Bianchi and Rohit Anand. /GlobalCement
UAECEMENT.COM - Jun ,4,2018

Losses mount at ARM Cement in 2017
Kenya: ARM Cement’s net loss more than doubled to US$55m in 2017 due to poor demand in Kenya and Tanzania. Its sales fell by 32% year-on-year to US$85m from US$127m. Elections in Kenya reduced cement demand, a coal import ban in Tanzania caused production issues at its Tanga cement plant and both countries saw increased competition. “2017 was the most challenging for the group since the company’s listing on the Nairobi Securities Exchange in 1997. Whilst the management has navigated many business difficulties well in the past, raised capital for expansion, increased net profits and market capitalisation continuously over a 14 year period up to 2015, the challenges of the past year have been unprecedented,” the company said in a statement. The cement producer says it is undergoing a ‘significant’ review of its current operations, asset base and financing structure to address its problems. It has also been cutting staff benefits as part of its plan to save money. UK-government investor CDC Group, which holds a 41% stake in the company, has also replaced its board members Ketso Gordhan and Pepe Meijer with Sofia Bianchi and Rohit Anand. /GlobalCement
UAECEMENT.COM - Jun ,4,2018

Losses mount at ARM Cement in 2017
Kenya: ARM Cement’s net loss more than doubled to US$55m in 2017 due to poor demand in Kenya and Tanzania. Its sales fell by 32% year-on-year to US$85m from US$127m. Elections in Kenya reduced cement demand, a coal import ban in Tanzania caused production issues at its Tanga cement plant and both countries saw increased competition. “2017 was the most challenging for the group since the company’s listing on the Nairobi Securities Exchange in 1997. Whilst the management has navigated many business difficulties well in the past, raised capital for expansion, increased net profits and market capitalisation continuously over a 14 year period up to 2015, the challenges of the past year have been unprecedented,” the company said in a statement. The cement producer says it is undergoing a ‘significant’ review of its current operations, asset base and financing structure to address its problems. It has also been cutting staff benefits as part of its plan to save money. UK-government investor CDC Group, which holds a 41% stake in the company, has also replaced its board members Ketso Gordhan and Pepe Meijer with Sofia Bianchi and Rohit Anand. /GlobalCement
UAECEMENT.COM - Jun ,4,2018

LafargeHolcim to shut offices in Zurich and Paris
LafargeHolcim has announced the closure of its corporate offices in Paris and Zurich as part of its strategy to simplify its corporate organisation. The move will result in the loss of 200 jobs, including 107 in Switzerland and 97 in Paris. “This painful but necessary simplification step is key to creating a leaner, faster, and more competitive LafargeHolcim,” said Jan Jenisch, CEO of LafargeHolcim. Remaining positions in Switzerland would be moved to the company’s Holderbank site and a new corporate office in Zug. In Paris, remaining positions will move to Clamart in the southwest of the city. The moves should be complete by the end of 2018. The proposals were presented to the works councils on 25 May. They form part of the company’s Strategy 2022, which was launched in March 2018. Strategy 2022 aims to bring the company closer to its customers by reducing levels of management between local organisations and the global leadership. In addition to the closure of the Zurich and Paris offices, corporate offices in Singapore and Miami have already be shut. The company also plans to eliminate one layer of management and almost double the number of its country-level businesses reporting to the Group Executive Committee. The plan remains subject to the “required consultation and regulatory processes in each country”, LafargeHolcim said.
UAECEMENT.COM - May ,29,2018


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