Cement News tagged under: Weekly Newsletter
Vicat signs decarbonisation agreement with Carbon8 Systems16 July 2020, Published under Cement NewsCarbon8 Systems, the UK company that invented and owns a process that combines industrial waste residues or byproducts with captured CO₂ emissions to produce high-value, lightweight construction aggregates, has signed a commercial agreement with Vicat Group. Carbon8 Systems will deploy its award-winning technology at Vicat's Montalieu cement plant in southern France next month. It is Carbon8 Systems' first commercial deployment of its CO₂ntainer system (a modular, containerised solution) in... |
Cemex confirms decision to close Ferriby plant15 July 2020, Published under Cement NewsFollowing consultations with employee representatives and Unite the Union, Cemex has confirmed that it will be mothballing its South Ferriby plant in north Lincolnshire, UK. Approximately 110 employees who are currently based at the plant will be affected, with the majority of redundancies said to be taking place in July, according to a statement. However, customers will continue to be supplied from the company’s existing cement network. "Cemex remains committed to the UK and its Europe... |
Siberian Cement plants increase 1H output 4%15 July 2020, Published under Cement NewsIn the first half of 2020 Siberian Cement (Sibcem) produced 2.2Mt of cement, representing a four per cent YoY increase. Topkinsky Cement’s output rose by one per cent to 1Mt, while Iskitimcement increased its production by eight per cent to 453,800t. Production from Angarskcement was up nine per cent to 288,700t and TimlyuyCement output remained stable at 165,100t. “For the cement industry, however, as for many other industries, the first half of 2020 turned out to be a difficult period. I... |
Peruvian cement market expands in June14 July 2020, Published under Cement NewsWhile cement demand in Peru rebounded in June 2020 to 678,000t when compared with 298,000t sold in May 2020, it remained 26.1 per cent below demand reported in June 2019 as the impact of the coronavirus pandemic continue to be felt, according to the country’s cement association, Asocem. Cement output improved significantly to 611,000t in June 2020, representing an advance of 131.8 per cent when compared with May 2020, when output stood at 263,000t. However, it remained 29.6 per cent below ... |
Rwanda's Prime Cement set to begin operations14 July 2020, Published under Cement NewsA new cement plant under construction in Musanze, Rwanda, is set to begin marketing its product next month. Prime Cement Ltd is expected to begin production at around 50,000tpm or 600,000tpa of cement. "Preparations are on high gear. Most of the equipment and machinery are in their place and a few remaining are on their way from Mombasa. No wonder, we shall be on the market next month," said Eric Rutabana, the plant manager. The works is expected to begin selling cement at RWF9000/bag (U... |
Mozambique's new 1.8Mta plant now 90% complete13 July 2020, Published under Cement NewsMozambique's Minister of Industry and Trade, Carlos Mesquita, has visited the site of the new 1.8Mta Dugong Cimentos plant in Matutuine, noting that when commissioned it should lead to a downward pressure on prices, according to All Africa. The plant is now 90 per cent complete and represents a Chinese investment of around US$330m. It will use around 400,000tpa of coal in its production process. "We recognise that this cement factory, when it comes into production, will, without a doubt... |
Brazilian cement demand up 24% in June08 July 2020, Published under Cement NewsCement sales in Brazil rose 24.2 per cent YoY in June 2020. Domestic offtake reached 5.2Mt in June, according to the country’s cement association, SNIC. In the first half of 2020, sales advanced by 3.6 per cent YoY to 26.9Mt. “COVID-19 caused several changes in our lives, habits, and priorities. The crisis showed the cement industry that taking care of the house and using savings and investments for small reforms, something very popular in the 80s, are back in the household budget," SNIC Pr... |
Peru's cement demand to recover in 2H08 July 2020, Published under Cement NewsScotiabank forecasts a recovery in Peruvian cement consumption with 3Q demand expected to be close to 2Mt, double the demand reported in 2Q. "We estimate that domestic cement consumption has exceeded 500,000t in June, the highest level in the last three months, but still notably less than 984,000t in June 2019," predicts Scotiabank. However, consumption in 3Q20 should remain 30 per cent below the level noted in 3Q19. "While we expect cement consumption to continue its gradual recovery dur... |
Lafarge Cement Zimbabwe sees revenue advance 104%07 July 2020, Published under Cement NewsLafarge Cement Zimbabwe saw its profit for 2019 rise to US$178m, while volumes remained flat YoY at 323,000t. Gross profit increased 251 per cent to US$496m from US$141m in 2018. Kumbirai Katsande, chairman of the company, attributed the improved margins to agile pricing and disciplined cost management. The company saw its revenue advance 104 per cent YoY to US$919m in 2019, compared to US$449m in the previous year. It also started the implementation of a US$25m capex programme, which wil... |
BUA Cement plans new 3Mta plant in Adamawa06 July 2020, Published under Cement NewsNigeria’s BUA Cement has announced that it is planning to establish a 3Mta cement facility and 50MW power plant in the Guyuk and Lamurde areas of Adamawa state. While visiting the state governor, Abdul Samad Rabiu, chairman of BUA Cement, reportedly referenced preliminary findings which show that the two areas have good quality limestone deposits and said the company is ready to begin investment in the state. Mr Rabiu noted that the Guyuk plant would be a major investment into the northea... |