Cement News tagged under: Weekly Newsletter
India's CMA appoints new president19 July 2023, Published under Cement NewsIndia’s Cement Manufacturers’ Association (CMA) has appointed Neeraj Akhoury, managing director at Shree Cement Ltd , as its new president, and Parth Jindal, managing director of JSW Cement Ltd , as its vice-president. Mr Akhoury brings with him more than 30 years of experience in the steel and cement industries, having worked in various leadership roles in India and other emerging markets. "As a future direction, the Indian cement industry would like to reiterate its commitment to bein... |
Spain sees demand drop 4% in June but exports surge 24%18 July 2023, Published under Cement NewsSpanish cement consumption in the first half of 2023 edged up by 0.3 per cent YoY to 7,539,907t, according to the country’s cement association, Oficemen. In June 2023 alone, cement demand in the Iberian country fell 4.3 per cent to 1,319,112t when compared with June 2022. “The evolution of the semester has closed with ‘zero’ growth in line with our forecasts at the beginning of the year. The confluence of three electoral processes, which will end with the holding of the general elections... |
Carthage Cement advances 1H turnover by 24%18 July 2023, Published under Cement NewsTunisia-based Carthage Cement increased its turnover by 24 per cent YoY to TND208.546m (US$68.92m) in the first half of 2023, according to information on the Tunis Stock Exchange. The improvement of the company’s results is attributed to a jump in 1H cement sales with local sales increasing by 25 per cent YoY to TND158.822m and exports by 19 per cent to TND31.284m. In addition, the company’s aggregate sales advanced by 38 per cent YoY to TND11.227m. |
Argos to allocate US$130m for investments to combat climate change18 July 2023, Published under Cement NewsBetween 2022 and 2030 Argos has committed to allocate about US$130m in long-term assets (capex) for structuring and implementing initiatives associated with climate change mitigation and adaptation. The focus of these projects will be on the use of lower carbon footprint raw materials, fuel optimisation, the use of alternative fuels (such as urban solid and other industries waste) and energy efficiency. “Concrete is not only the most used building material, but the second most used m... |
Brazilian cement demand up 1% in June17 July 2023, Published under Cement NewsBrazil’s cement market expanded by 1.4 per cent YoY to 5.253Mt in June 2023 from 5.182Mt in June 2022, according to the country’s cement association, SNIC. “Brazil's economy is starting to show signs of recovery with the expectation of growth in the Gross Domestic Product (GDP), control of inflation and improvement in labour market indicators. Even so, the Brazilian cement industry remains cautious in its performance assessment, pointing to stable sales in 2023 compared to the previous year... |
Holcim receives EU Innovation Fund grants for CCUS projects14 July 2023, Published under Cement NewsHolcim has been selected for three grants from the European Union Innovation Fund for breakthrough carbon capture utilisation and storage (CCUS) projects in Belgium, France and Croatia. According to the company, the projects were selected for their highly scalable profile, mature technologies, and advanced partnerships to advance the EU’s Green Deal, putting clean technologies to work for a net-zero future. The three projects are the Go4Zero project in Belgium, which aims to capture and... |
US/Puerto Rican Portland and blended shipments drop 7% in April13 July 2023, Published under Cement NewsPortland and blended cement shipments, including imports, in the USA and Puerto Rico declined by 6.7 per cent YoY to 8.5Mt in April 2023, reports the US Geological Survey (USGS). Of the total blended cement volume, 3.2Mt (96 per cent) was Portland limestone cement (Type IL). The largest state markets for Portland and blended cement in April 2023 were Texas, California, Florida, Georgia and Arizona, which together accounted for 40.9 per cent of total cement consumption. The leading producing ... |
UltraTech commissions 1.3Mta expansion in West Bengal13 July 2023, Published under Cement NewsUltraTech Cement has commissioned its 1.3Mta brownfield cement capacity expansion at Sonar Bangla , West Bengal, taking the plant’s total capacity to 3.3Mta. This marks completion of the company’s first phase of expansion in the eastern region. UltraTech has commissioned cement capacity of 10.3Mta in the region over the last two years, catering to the rapidly-growing cement demand in the area. The new capacity will also increase the company’s ratio of blended cement as part of its effo... |
Sinoma to build cement plant in Iraq12 July 2023, Published under Cement NewsSama Samawa Industries Commissioner revealed an agreement with Sinoma to establish a cement factory in Muthanna Governorate, southern Iraq. While stating that the production will reach 7000tpa, the director of the Chinese company affirmed that the factory will be operational by 2025. Taha Mashat, commissioner of Sama Samawa Industries, stated: "The project aims to produce various types of cement, with daily production reaching 7000t and an annual output of 2Mt." Mr Mashat added, "The c... |
Kant Cement Plant completes conversion project10 July 2023, Published under Cement NewsKant Cement Plant OJSC , the largest producer of cement in Kyrgyzstan, has successfully completed conversion of its cement mill No 8 to a closed-circuit grinding system to achieve improve its product quality and energy efficiency. The project forms part of a large-scale reconstruction of production by the United Cement Group . Modernisation of the Kant Cement Plant began in 2021 with the replacement of outdated electrostatic precipitators with modern bag filters, the installation of n... |