Cement News tagged under: Weekly Newsletter
Schwenk invests in cement mill and multichamber silo10 February 2021, Published under Cement NewsSchwenk Zement plans to start operation of an additional cement mill and multichamber cement storage silo at its Broceni plant in Latvia at the end of this year. The completion of the project will enable more efficient use of the existing capacity at the facility, expand the range of cement produced with more environmentally-friendly product types and look towards new export markets. "We already export about 70 per cent of the cement produced in Brocēni to the Nordic countries and we can... |
LafargeHolcim and Schlumberger New Energy explore CCS10 February 2021, Published under Cement NewsLafargeHolcim and Schlumberger New Energy will explore the development of carbon capture and storage (CCS) solutions. The two companies will study the feasibility of capturing carbon from two LafargeHolcim cement plants, based in Europe and North America, using Schlumberger’s carbon sequestration technologies. Magali Anderson, chief sustainability officer of LafargeHolcim: "Today’s announcement is further proof of LafargeHolcim’s environmental leadership and commitment to pioneer new s... |
Cemex is awarded CO2 capture grant from DoE09 February 2021, Published under Cement NewsCemex SAB de CV has announced that its US operations have been awarded a grant from the US Department of Energy (DoE) to research, engineer and develop a pilot for a breakthrough carbon capture unit. The project, anchored to Cemex’s Victorville cement plant in California, will also contemplate cost-competitive solutions to completely close the loop on current carbon emissions. In this initiative led by non-profit research institute RTI international (RTI), Cemex is joining forces with UK-... |
Taiheiyo Cement 9M net profit advances 22% YoY09 February 2021, Published under Cement NewsJapan-based Taiheiyo Cement Corp saw its 9MFY20-21 revenues ended 31 December 2020 slip by 1.6 per cent to JPY652.71bn (US$6.23bn) from JPY662.99 in the year-ago period. However, operating profit advanced by 14.3 per cent from JPY42.16bn in 9MFY19-20 to JPY48.2bn in the 9MFY20-21.Pretax profits rose 16.4 per cent from JPY42.41bn to JPY49.35bn in the April-December 2020 period while net profits were up 21.6 per cent to JPY37.15bn from JPY30.54bn over the period. The company expects revenu... |
CEMBUREAU reacts to Carbon Border Mechanism vote08 February 2021, Published under Cement NewsC EMBUREAU , the European Cement Association, has reacted to the adoption of the European Parliament’s Environment Committee report on Carbon Border Adjustment Mechanisms (CBAM). “A CBAM is a useful tool to address the imports of products not subject to similar carbon constraints in the European Union and therewith mitigates the carbon leakage risk allowing the European cement industry to deliver low-carbon investments. The Environment Committee's report highlights some key points in this... |
Cementir's preliminary 2020 consolidated results achieve revenues of EUR1224.8m05 February 2021, Published under Cement NewsCementir's preliminary consolidated results for 2020 achieved record revenue from sales of EUR1224.8m, up 1.1 per cent from EUR1211.8m in 2019. EBITDA remained stable at EUR263.7m. Sales volumes of grey and white cement and clinker totalled 10.71Mt, up 12.9 per cent from 9.49Mt in 2019 This increase is mainly attributable to the performance of the company in Turkey where cement volumes rose by 39 per cent. Ready-mix sales volumes rose to 4.44Mm 3 , up 7.8 per cent on 4.12Mm 3 in 2019. Re... |
PCA releases new 2021 US cement consumption forecast04 February 2021, Published under Cement NewsThe Market Intelligence Group at the Portland Cement Association (PCA) recently released a webinar explaining adjustments to its winter cement consumption forecast. Ed Sullivan, PCA's senior vice president and chief economist, predicted robust economic recovery accompanying a widespread vaccination rollout, which now may be delayed a full quarter or more. This assessment reflects PCA’s knowledge of US vaccine supply. If this assessment is correct, slower-than-expected economic activity... |
Argentina's cement market expands 20% in January04 February 2021, Published under Cement NewsCement demand in Argentina increased 20.1 per cent to 895,559t in January 2021 when compared with January 2020, when demand reached 745,681t, according to the country’s cement association, AFCP. The requirement of the market was entirely met by domestic production, which saw a 19.2 per cent rise YoY to 903,756t in the first month of the year. In January 2020 output stood at 758,095t. However, exports declined 34.1 per cent from 12,414t in January 2020 to 8197t one year later. |
Cemex announces plan to address US cement shortage03 February 2021, Published under Cement NewsCemex has announced plans to optimise its supply chain to address cement shortages experienced throughout the western US. The project will leverage the company’s supply chain synergies in North America to alleviate cement shortages and project delays in California, Arizona and Nevada, according to a press release. The plans involve investing approximately US$15m to recommission a kiln with a production capacity of about 1Mta at the CPN cement plant in Hermosillo, Sonora, Mexico. This inve... |
Hanover cement plant to scale-up LEILAC 2 pilot project02 February 2021, Published under Cement NewsHeidelbergCement is starting the further development and scaling-up of the LEILAC technology (Low Emissions Intensity Lime And Cement) together with the Australian technology company Calix and a European consortium. After examining different locations, it has been decided to build the LEILAC 2 demonstration installation for carbon capture at the HeidelbergCement cement plant in Hanover, Germany. As part of LEILAC 1, a CO 2 capture pilot installation with a capture capacity of 25,000t ... |