Cement News tagged under: Weekly Newsletter
BCMA calls on government to lower customs duty on clinker14 June 2023, Published under Cement NewsThe Bangladesh Cement Manufacturers Association (BCMA) has urged the country’s government to reduce the customs duty on clinker. Cement producers are currently required to pay a duty of BDT500/t (US$4.61/t) on imported clinker. The government has proposed to increase this to BDT700 in its budget for the next fiscal year. Alamgir Kabir, president of the BCMA, says the association has been campaigning for a reduction in the customs duty for some time now, in the hope of lowering it from BDT5... |
Cemcor completes upgrade work14 June 2023, Published under Cement NewsCemcor has completed the upgrade work on its Cookstown plant in Northern Ireland, UK. Following the company's acquisition of the plant, it committed GBP6m (US$7.54m/EUR6.98m) to replace the electrostatic precipitators (ESPs) with a state-of-the-art bag filter at the plant. Within 14 months from final design agreement in March 2022, the new bag filter was commissioned and operational by May 2023. This investment project is centred around the abatement filter, with the filter separated ... |
Brazilian cement market expands 1% in May13 June 2023, Published under Cement NewsCement sales in Brazil (excluding imports) increased by 1.2 per cent to 5.56Mt in May 2023, when compared with 5.494Mt in May 2022, according to the Brazilian cement association, SNIC. The northern market saw the biggest increase, by 8.3 per cent YoY, to 234,000t, followed by the south, where the uptick was 3.9 per cent YoY to 975,000t. The country’s largest sales region, the southeast reported a 3.9 per cent expansion of its sales to 2,647,000t. However, in the northeast, sales were down 1... |
Aalborg Portland signs letter of intent on CO2 storage hub12 June 2023, Published under Cement NewsAalborg Portland and Fidelis New Energy have signed a letter of intent enabling the cement producer to potentially supply more than 400,000t of CO 2 to the Norne Carbon Storage Hub in Aalborg through a direct pipeline connection by 2030. Norne is Denmark's first large-scale facility for handling captured CO 2 in Aalborg and was announced by Fidelis in May this year. "We have been closely following Fidelis' plans for the construction of Denmark's first large-scale CO 2 handling facil... |
Bekabadcement carries out plant modernisation08 June 2023, Published under Cement NewsUnited Cement Group (UCG) is undergoing a large-scale modernisation of its JSC Bekabadcement plant to transform it into a modern high-tech plant. Since the start of the modernisation, the plant has installed modern Unitherm burners, equipped all heat exchangers with new components from CNBM Beijing Triumph, connected a new fourth-generation cooler KC 4.1-0955 from BTIEC and re-launched a rotary kiln with a new lining. One of the stages of the modernisation is an overhaul of the we... |
JK Cement agreement to purchase Toshali Cements08 June 2023, Published under Cement NewsJK Cement has seen its shares rise after agreeing in principle a share purchase agreement for Toshali Cements for INR1570m (US$19m). The Board of Directors in its meeting has accorded in-principle approval to sign/execute a share purchase agreement with the shareholders and also with Toshali Cements Pvt Ltd (Toshali) for the acquisition of 100 per cnet equity shareholding from all the existing shareholders of Toshali," the company said in an exchange filing. Toshali Cement at present h... |
US and Puerto Rico Portland and blended cement shipments down 6% in March07 June 2023, Published under Cement NewsTotal shipments of Portland and blended cements, including imports, in the USA and Puerto Rico declined by six per cent YoY to 8.7Mt in March 2023, according to the US Geological Survey (USGS). Of the total blended volume reported, 3.2Mt, or 96 per cent, was estimated to be Portland limestone cement (Type IL). The leading consuming states were Texas, Florida, California, Georgia, and Arizona, which accounted for 42.5 per cent of the total market. The leading producing states were Texas, Mis... |
BUA boosts capacity by 6Mta07 June 2023, Published under Cement NewsBUA Cement has received funding to develop two new production lines at its cement plant in Sokoto state, Nigeria. The US$500m funding will boost BUA’s total production capacity from 11Mta to 17Mta, according to Reuters. Each line will produce around 3Mta, serving markets in Nigeria, Niger and Burkina Faso, and run partly on alternative fuels derived from waste and solar power. The funding includes US$160.5m from the International Finance Corp, US$245m in syndicated loans from the Afr... |
Suez Cement invests millions in sustainability targets06 June 2023, Published under Cement NewsSuez Cement , part of the Heidelberg Materials Group , continues to invest heavily in its environmental sustainability efforts. According to the company, since 2010 it has spent US$60m on technology to lower dust emissions throughout its operations, resulting in an 80 per cent reduction in dust emissions by the end of 2020, compared to the company’s 2012 baseline. A further US$16m was invested in non-fossil-based fuels with the installation of alternative fuel (AF) technology in its pla... |
APCMA reports 19% increase in cement dispatches in May 202305 June 2023, Published under Cement NewsThe All Pakistan Cement Manufacturers Association (APCMA) released more encouraging data for May 2023 than in the previous month of April, which was overshadowed by the season break during Ramadan. The cement representative body is salient about the upward trend. The rise in dispatches has been attributed to increased export and local buying before the announcement of the federal budget as a precaution against measures that would put upward pressure on prices. In addition, falling coal pric... |