Cement News tagged under: Weekly Newsletter
CEMBUREAU supports EU's Net Zero Industry Act24 March 2023, Published under Cement NewsThe EU cement industry has an ambitious decarbonisation agenda, which requires the deployment of breakthrough decarbonisation technologies and zero-carbon energy as soon as possible. Therefore, CEMBUREAU supports the Net Zero Industry Act as a significant opportunity to scale up investments in carbon capture, utilisation and storage (CCUS) and other clean technologies. In particular, the setting of an EU 2030 target for CO 2 injection capacity and the creation of clear transparency re... |
FLSmidth wins Secil Supremo Cimento plant modification order23 March 2023, Published under Cement NewsFLSmidth has been awarded a contract to increase the capacity at Secil Supremo Cimento 's Adrianópolis plant to 3900tpd and at the same time decrease its dependence on fossil fuels. The Adrianópolis plant, located in the Brazilian state of Paraná, was initially supplied by FLSmidth and commissioned in 2015. The scope of supply for the Adrianópolis plant upgrade includes products and engineering to improve the pyroprocessing system. In particular, modifications will be made to the pr... |
US and Puerto Rican Portland and blended cement shipments see 9% drop in December22 March 2023, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico declined 8.9 per cent YoY to 7.3Mt, according to the US Geological Survey (USGS). A total share of 42.9 per cent of domestic Portland and blended cement consumption in December 2022 was accounted for by the leading consuming states of Texas, Florida, California, Illinois and Georgia.The leading producing states in December were Texas, California, Florida, Missouri and Michigan and these accounted fo... |
Saudi Arabia cement exports advance 46% in February22 March 2023, Published under Cement NewsCement sales in Saudi Arabia edged up one per cent to 4.215Mt in February 2023 from 4.155Mt in February 2022, according to Yamama Cement . Export sales, which accounted for four per cent of total sales, advance 46 per cent YoY to 119,000t from 174,000t in February 2021. January-February 2023 In the year to date domestic sales declined 10 per cent YoY to 8.118Mt from 8.994Mt in January-February 2022. Export sales surged 113 per cent to 389,000t in the 2M23 from 183,000t in the 2M22. Sa... |
Ecebol plant expected to start up in June21 March 2023, Published under Cement NewsBolivia’s Empresa Pública de Cemento (Ecebol) expects to commission its new Potosí plant in June with the project currently 92 per cent complete and a budget execution of 85 per cent. The start-up of the 1.3Mta plant will take place on 30 June with the grinding and dispatch of the first products. "The first bags of cement will be in November to then verify the quality and put them on sale," said the country’s Minister of Productive Development, Néstor Huanca. He also indicated that t... |
UK spring budget: MPA rues missed opportunity20 March 2023, Published under Cement NewsThe Mineral Products Association (MPA) has responded to the UK Government’s Spring Budget by calling for clearer action to accelerate investment, green growth and infrastructure delivery, compared to the relatively “patchy and underwhelming agenda” set out by the Chancellor. The confirmation that the Aggregates Levy will be frozen for 2023-24 is a source of relief, although MPA is concerned that the Government plans to increase the Levy in line with the retail price index from 2024-25 onw... |
Votorantim Cimentos posts net revenue of BRL25.8bn in 202216 March 2023, Published under Cement NewsVotorantim Cimentos ended 2022 with BRL25.8bn (US$4.84bn) in global net revenue, an increase of 16 per cent compared to 2021, resulting from a stable sales volume and favourable price dynamics in all regions where it operates, which mitigated cost pressures and the impact of the exchange rate in the year. Cement sales in the countries where the company has operations totalled to 36.8Mt, one per cent less than the previous year. The company posted BRL1.1bn in net profit in 2022, 30 per cen... |
Nexe plans EUR400m decarbonisation investment15 March 2023, Published under Cement NewsCroatia-based Nexe announced a EUR400m project to construct a new carbon-neutral clinker production line at its Našice cement plant. The project will also enable the transportation and storage of 700,000t of CO2 at Bockovci-1, and creates opportunities for revenue generation. Nexe will seek financing from the EU’s Innovation fund. It has already signed an agreement with thyssenkrupp Industrial Solutions to design and build the new production line. The new line is scheduled to enter ope... |
Cement sales in Brazil drop 7% in February14 March 2023, Published under Cement NewsBrazil’s cement association, SNIC, reported that cement sales in the domestic market declined by 7.2 per cent YoY to 4.42Mt in February 2023 from 4.763Mt. SNIC attributes the contraction to Brazil’s economic scenario with high household debt, high interest rates and inflation as well as above-average rainfall. Consumer confidence showed a second-consecutive month’s drop. Industry confidence was negatively affected by a slowdown in demand and high input costs. The decline was the largest in... |
Oman Investment Authority starts sale of Oman Cement Co to Huaxin14 March 2023, Published under Cement NewsThe Oman Investment Authority (OIA) has started the process for divesting its majority stake in Oman Cement Co. Ibrahim bin Said al Eisari, director general of private ownership at OIA, said: “This exit comes in accordance with a plan pursued by OIA aimed at achieving a number of goals, including attracting foreign investment to the sultanate. This will contribute to achieving economic diversification and transfer of modern technology to the targeted sectors.” OIA will sell its entire sha... |