To help finance the 1.7m tonnes of annual capacity to be commissioned next year, Garadagh Cement is not paying a dividend in respect of last year. A single dry production line will replace four existing wet kilns and add to capacity. Increased clinker imports for the first four months of this year, compared with a 15.2% reduction in cement imports, suggest that the Holcim subsidiary is gaining market share.
ACC Limited, one of Holcim's two main subsidiaries in India, has reported an unchanged cement production for the month of May, giving a 1.2% reduction for the year to date to 9.14m tonnes, while cement deliveries were 1.7% lower at 9.09m tonnes. Cement deliveries are usually lower during the monsoon season from June until September, so can be expected to come down again over the next few months. Ambuja Cements, its sister company, reported a 16.4% monthly increase in cement production to 1.90m tonnes and a 13.9% rise in despatches, while in the year to date the company reported a 10.9% rise in production to 9.15m tonnes and domestic deliveries up by 10.4% to 9.11m tonnes.
At Holcim Colombia, an additional production line with an annual capacity of 0.7m tonnes has been inaugurated.
Holcim Maroc is building additional capacity for completion in 2012 that will be able to produce 0.9m tonnes of clinker and 1.2m tonnes of cement annually.