Cement News from International Cement Review


Siam Cement record revenue increase in 2017
Corporate - 14 February 2018

Siam Cement record revenue increase in 2017

Siam Cement has released its financial results for the full-year period ended 31 December 2017. Revenue reached THB450.9bn (US$14.34bn), an YoY increase of six per cent from THB423.4bn. Net profit fell two per cent to THB55bn from THB56bn of 2016, due to weakness in the domestic cement and building materials operations. However, EBITDA advanced four per cent to finish at THB102bn. In the 4Q...

International - 16 February 2018

Foreign producers may find Ethiopian raw materials difficult to secure

Cement companies in Ethiopia may in future need mining rights from local regional governments as well as Central government to excavate raw materials.  The administration of the East Shewa Zone with the Oromia region, for example, has written to foreign cement firms that mine pumice for cement production to cede some of their operations to the cooperatives of unemployed youths in their are...

Trading - 16 February 2018

Ministry of Commerce: Cambodia will not ban cement imports

The spokesman for the Ministry of Commerce, Seang Thai reported that Cambodia imported 1.9Mt of cement in 2016 and the opening of the country's largest cement factory last week will still not lessen the need for cement imports. "Cement imports are still highly important for construction, because our cement supply is not sufficient to meet construction growth," Seang Thai said. “We are part ...

Freight Markets - 16 January 2018

Cebo Marine's ship undergoes upgrade in capacity

Cebo Marine’s cement carrier, 'Lelie C', has undergone maintenance works and an upgrade to its capacity, according to The Motorship. Netherlands-based Damen Shiprepair Oranjewerf completed the upgrade which included installing eight new cement silos, each with a 40m 3 capacity. "Two years ago, we installed the original tanks from the Ritske, a vessel belonging to the same client, and now we...

Corporate - 16 February 2018

Arkan posts AED30.2m net profit following Emirates Cement closure

UAE cement producer Arkan Building Materials Co posted a net profit of AED30.2m in 2017 compared to a loss of AED82.3m in 2016. The company attributed the increase in profits to an AED158m asset write-off relating to the closure of the Emirates Cement Factory. “Net profit was also impacted by the increase in gas and electricity prices enforced last year by AED78m and the completion of th...

Environmental - 16 February 2018

Diamond Cement to be visited by the EPA after environmental concerns

Officers of the Environmental Protection Agency in Accra are expected to visit Diamond Cement Factory and the area of Aflao Duta in Ghana on Friday 16 February, because the land surface of Agbawoeme, Duta and Agorbiakorpe is heavily polluted with cement dust. Local residents have complained about their crops being affected and no access to clean water. The cement factory has already been cal...

Recent Orders - 09 February 2018

Dinçer Çimento orders two Gebr Pfeiffer mills for Bilecik unit

Dinçer Çimento has ordered a Gebr Pfeiffer MVR 5000 R-4 raw mill and an MPS 250 BK coal mill for its Bilecik plant, Turkey. Featuring a drive power of 3800kW, the MVR 5000 R-4 mill will grind 425tph of raw material to a fineness of 12 per cent R90µm. In addition to the mill, Germany-based Gebr Pfeiffer will supply the cyclone collector, the mill fan and dampers. The MPS 250 BK mill for Bil...