Cement News tagged under: Weekly Newsletter
Cookstown Cement rebranded as Cemcor03 January 2023, Published under Cement NewsThe Cookstown cement plant acquired in January 2022 by LCC Group and David Millar for GBP56m has been rebranded to Cemcor following significant investment from its new ownership. The Cookstown plant, originally known as Lafarge Cement Ireland, was acquired by Cookstown Cement from its parent company, the Switzerland-headquartered construction materials giant Holcim. Since then Cookstown Cement has been led and co-owned by David Millar, a former executive with Lafarge, who has 38 years o... |
Lucky Cement commissions 34MW solar power plant at Pezu30 December 2022, Published under Cement NewsThe installation of a 34MW captive solar power plant has been completed at the Pezu cement plant , Khyber Pakhtunkhwa (KPK), Pakistan, by Lucky Cement Limited , according to a regulatory filing sent to the Pakistan Stock Exchange. The regulatory filing adds that the solar power plant has been successfully commissioned and will be fully operational from December 29, 2022. Lucky Cement’s investment in renewable energy projects will result in cost savings and a reduction of the country’s re... |
Lucky Cement becomes the largest cement producer in Pakistan23 December 2022, Published under Cement NewsLucky Cement Ltd informed Pakistan Stock Exchange (PSX) on 22 December that construction and installation work concerning the brownfield expansion of the additional line of 3.15Mta at its manufacturing site at Pezu , Khyber Pakhtunkhwa (KPK), has been completed within the planned project timelines. In a regulatory filing, GM Finance and Company Secretary, Faisal Mahmood, said the new line is operational and clinker production commenced on 22 December 2022. The company’s total producti... |
The rise of Bangladesh's clinker imports21 December 2022, Published under Cement NewsBangladesh’s cement industry is expanding with clinker imports rising for the last five fiscal years. According to the Chittagong Port Authority (CPA), the main seaport of Bangladesh, the authority handled 35.130Mt of clinker imports in the financial year 2021-22 (July–June), compared to 33.297Mt in the year-ago period, marking growth of 5.52 per cent. This compares to 21.49Mt in 2017-18, 24.82Mt in 2018-19, and 24.04Mt in 2019-20. Similarly, data from the Bangladesh Central Bank reports ... |
Lafarge Cement fully converts Brookfield Cement Plant to OneCem21 December 2022, Published under Cement NewsLafarge Canada has announced the full transformation of its Brookfield Cement Plant in Nova Scotia to a greener portfolio. From now on, the plant will only produce reduced carbon Portland limestone cement - branded as OneCem - the company’s eco-efficient alternative. Brookfield is Lafarge’s third cement plant to be converted in 2022 and the first Atlantic market plant to convert - the others being the Bath Cement Plant in June and the Richmond Cement Plant in March. OneCem is a su... |
NOVACIM SA produces first cement at Ouled Ghanem plant21 December 2022, Published under Cement NewsThe Ouled Ghanem Cement plant near El Jadida, Morocco, has produced its first cement. NOVACIM SA (formerly known as TEKCIM) has successfully started its new cement works, with FLSmidth providing the facility with its latest equipment, including the first vertical OK™ Mill installed in Morocco. Upon final commissioning, the plant is expected to produce around 1.4Mta of cement and 1.1Mta of clinker, helping to meet increasing demand for housing and infrastructure projects in Morocco and... |
Hanson awards contract for CCS plant at Padeswood20 December 2022, Published under Cement NewsUK-based Hanson , part of Heidelberg Materials , has awarded a contract to Mitsubishi Heavy Industries Engineering to deliver the preliminary front-end engineering design for a CO 2 capture plant at Hanson’s Padeswood cement plant in Flintshire, north Wales. Once operational it will capture 800,000t of CO 2 and store it in spent gas fields off the coast of northwest England. According to Hanson, it hopes to have the carbon capture and storage (CCS) plant up and running by 2027 with ... |
CEMBUREAU welcomes ETS and CBAM agreements20 December 2022, Published under Cement NewsCEMBUREAU, the European Cement Association, welcomed the trilogue agreements struck by EU negotiators on the EU Emission Trading Scheme (ETS) and the EU Carbon Border Adjustment Mechanism (CBAM). “The agreements on CBAM and ETS are essential to create a global level playing field on CO 2 and support our sector in its transition to carbon neutrality. It is positive that the EU institutions strengthened some key aspects of CBAM”, commented Koen Coppenholle, CEO of CEMBUREAU. “We howev... |
Holcim divests business in Russia14 December 2022, Published under Cement NewsHolcim has signed an agreement to sell its business in Russia to the local management team. With the new owners, the business will operate independently under a different brand, said the company in a statement. Closing of the transaction will be subject to regulatory approvals. “This divestment completes Holcim’s market exit from Russia in line with the company’s values to operate in the most responsible manner,” added the company. The Russian business has been deconsolidated since March 2... |
Brazil's cement market contracts 1% in November14 December 2022, Published under Cement NewsCement sales in Brazil slipped 0.8 per cent YoY to 5.3Mt in November 2022, according to the Brazilian cement association, SNIC. In the January-November 2022 period sales declined by 2.5 per cent YoY to 58.5Mt. In its monthly summary of the country’s construction industry, SNIC also highlighted that real estate financing remains challenged by the higher Selic rate of 13.75 per cent, shifting investment towards financial assets. Real estate launches continues to fall by 8.5 per cent until... |