Cement News tagged under: Weekly Newsletter
thyssenkrupp Group sets carbon neutral target of 205004 July 2019, Published under Cement NewsthyssenKrupp Group aims to be carbon neutral by 2050, and to have cut emissions from production and outsourced energy by 30 per cent as early as by 2030. This means emissions from thyssenkrupp products have to fall by 16 per cent by 2030. "The threats posed by climate change affect us all. As an industrial company with operations around the globe we are in a particularly god position to reduce greenhouse gas emissions through sustainable products and processes. We take this responsibility v... |
North Korea reportedly suspends production at cement plant03 July 2019, Published under Cement NewsThe operation of a cement plant in Pyongyang, North Korea, has reportedly been suspended for three months due to lack of electricity, according to the Daily NK newspaper. The paper’s source noted that factory may have been affected by the North Korean authorities' decision to ration electricity due to a power shortage. As the factory was built in 1919, its technology has aged and is not able to produce as much cement as it used to. The source stated that the lack of good-quality cement pro... |
Colombian cement market expands 7% in May02 July 2019, Published under Cement NewsGrey cement dispatches in Colombia advanced by 7.2 per cent to 1.055Mt in May 2019 when compared with May 2018, when domestic dispatches were 0.984Mt, according to the country’s statistics office, DANE. Grey cement production increased by 11.1 per cent YoY to 1.119Mt in May 2019. In May 2018 output reached 1.007Mt. January-May 2019 In the first five months of 2019 around 4.989Mt of grey cement was supplied to the Colombian market, which expanded by 2.6 per cent when compared with the 5... |
PPC reports revenues of ZAR10.4bn in FY1901 July 2019, Published under Cement NewsPPC has reported revenue up one per cent in the FY19 ended 31 March, rising to ZAR10.4bn (US$772.7m), while EBITDA increased four per cent to ZAR1.9bn. PPC's overall cement volumes rose by one per cent to 5.9Mt. South Africa's cement market (including Botswana) as a whole saw a decline of 2-3 per cent in sales but the inland market remains competitive, according to the company. The coastal markets were impacted by increased imports which rose by 84 per cent in 2018 to 1Mt. Production cost... |
PPC announces new CEO and delays annual results presentation27 June 2019, Published under Cement NewsSouth Africa’s PPC has appointed Roland van Wijnen as its new CEO after a search that began in November 2018 when Johan Claassen announced he would be retiring from the role. "We are pleased to have secured Roland, a Dutch national, whose listed company experience and exposure to international global best practice will broaden the management practices of PPC. He has a detailed knowledge of the cement sector. He is up-to-speed with our strategic imperatives and will advance the process with... |
WBCSD and key cement producers launch Indian roadmap27 June 2019, Published under Cement NewsMajor companies from the cement sector and the World Business Council for Sustainable Development (WBCSD) launched the ‘Indian Cement Sector SDG Roadmap’ on 25 June at an event organised by WBCSD and UN Global Compact Network India. The UN’s Sustainable Development Goals (SDGs) represent a universal framework that establishes a collective pathway for humanity to achieve prosperity for people and planet on the road to 2030. While governments have universally resolved to implement the SDGs, ... |
Power Cement to become second-largest producer in southern Pakistan26 June 2019, Published under Cement NewsPower Cement Ltd has informed the Pakistan Stock Exchange (PSX) that it has completed the procurement and installation of plant and equipment of the two expansion projects at its plant site in Nooriabad Industrial Area, Kalo Kohar District, Jamshoroo, Sindh province, Pakistan. It includes a 7700tpd 'clinker production plant' and 8500tpd 'cement production and dispatch plant', says a letter signed by Tahir Iqbal Company Secretary to PSX on 25 June. Both plants were procured from the ceme... |
Vietnamese cement dispatches fall in May25 June 2019, Published under Cement NewsDomestic cement dispatches in Vietnam fell six per cent YoY and seven per cent MoM to 5.929Mt in May 2019, according to the Vietnam Cement Association (VNCA). Of this total, 2.014Mt were delivered by VICEM and 1.625Mt by its associated companies, representing YoY decreases of seven and 10 per cent, respectively and MoM declines of three and nine per cent, respectively. Other Vietnamese cement producers accounted for 2.29Mt of domestic dispatches. In addition, around 2.545Mt of cement and c... |
1st International Conference on Low-Carbon Cement and Concrete Technology opens in London25 June 2019, Published under Cement NewsThe 1 st International Conference on Low-Carbon Cement and Concrete Technology opened at University College London, UK, on 24 June 2019 to discuss ways forward to low-carbon cement and concrete research. Prof Yun Bai of University College London opens the 1st International Conference on Low-Carbon Cement and Concrete Technology Following a welcome address by conference co-chairs Prof Yun Bai and Prof Neil Milestone, of University College London, Prof Fredrik P Glas... |
International Cement fails to receive SGX acquisition approval24 June 2019, Published under Cement NewsInternational Cement Group (ICG) has failed to receive approval from the Singapore Exchange (SGX) for the complete acquisition of Schwenk Namibia , valued at US$104.4m, according to Business Standard. The exchange has stated that the acquisition does not satisfy a requirement for the target business to be profitable. SGX also noted that ICG does not have sufficient cash resources to fund the acquisition and possibly intends to obtain significant external loans from financial institutions ... |