Cement News tagged under: Weekly Newsletter
Cementa gets go-ahead for Gotland quarry14 December 2022, Published under Cement NewsA Swedish court has given Cementa the green light to continue mining limestone at its quarry on the island of Gotland, heading off the risk of a shortage of cement in the building industry, reports Reuters. Cementa, which is part of Heidelberg Materials , has been clashing with local groups over plans to extend mining on Gotland, where the company produces about 75 per cent of the cement used in Sweden. The court said in a statement that it had decided that a nearby nature reserve, pro... |
Vicat increases stake in Sinai cement14 December 2022, Published under Cement NewsFrance-based Vicat SA has increased its stake in Egypt’s Sinai Cement from 51 per cent to 67 per cent. According to Reuters, Vicat bought additional shares worth US$5.65m from separate investors on 13 December 2022. Shareholder Arab Industrial Investment reportedly sold its 6.6 per cent share for US$2.29m. Vicat reported consolidated sales of EUR2697m in the 9M22, up 15.7 per cent YoY at constant scope and exchange rates. The growth came on the back of solid sales improvements in all r... |
Cement and clinker imports into US increase 43% in September as market expands12 December 2022, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico increased by 5.7 per cent YoY to 10.3Mt in September 2022, according to the US Geological Survey (USGS). The top five cement-consuming states were Texas, California, Florida, Illinois and Ohio, which together accounted for 36.5 per cent of total cement consumption in the US in September. The leading Portland and blended cement-producing states in September were Texas, Missouri, California, Michiga... |
Crown Cement commences construction of its 6th line09 December 2022, Published under Cement NewsCrown Cement PLC (formerly MI Cement Factory Ltd) has announced the commencement of construction work on its sixth line at the existing factory premises at West Mukterpur, Munshiganj, Bangladesh, with a capacity of 8000tpd to increase the overall capacity of the company from 11,000tpd to 19,000tpd. The investment amounts to BDT7.07bn (US$8.6m), according to the latest annual report 2021-22, released last week. No timeframe for the new line’s completion was reported. Chairman of the co... |
New UK cement plant gets green light08 December 2022, Published under Cement NewsA new GBP40m (US$48.8m), 0.5Mta cement plant at Sheerness Docks in Kent, UK, has been given the go ahead. Despite a petition against the plant receiving over 1000 signatures, Kent County Council unanimously approved the plans on 7 December 2022. Councillors assured local residents that noise from the new plant will be closely monitored and the movement of trucks during the night would be restricted to once a month with residents receiving a warning in advance. The council also said that i... |
CIMERWA posts end of year revenue of RWF92.1bn07 December 2022, Published under Cement NewsCIMERWA Plc 's year-end financial results recorded revenue of RWF92.1bn (US$84.6m) in 2022, 37 per cent above the previous year. “This is mainly attributed to the optimisation of our production processes, cost savings initiatives and the effective execution of our route-to-market strategy for both our domestic and export markets,” said John Bugunya, CFO of CIMERWA Plc. “Our Profit Before Tax stood at RWF16.9bn, a significant improvement of 212 per cent compared to the prior year. ... |
Adbri reviews Kwinana project as costs escalate06 December 2022, Published under Cement NewsAdbri Limited has issued an update on its Kwinana project to consolidate two existing cement production sites into a single operation serving the Western Australian (WA) market. Following the appointment of Interim CEO Mark Irwin on 17 October 2022, Adbri accelerated its review of the project and engaged an expert engineering firm to undertake an external review. The initial findings have identified that the project cost is being impacted by a range of factors, including the escalatin... |
UltraTech Cement commissions 3.6Mta of new grinding capacity05 December 2022, Published under Cement NewsUltraTech Cement Co has announced the commissioning of its 3.6Mta of new grinding capacity in India. Firstly, the 1.8Mta greenfield grinding capacity at the Dhule Grinding Unit , Maharashtra has been commissioned. Secondly, the commissioning of the 1.8Mta brownfield, clinker backed, second line grinding capacity at Dhar Cement Works , Madhya Pradesh, has been completed. This forms part of the first phase of capacity expansion announced in December 2020. The company’s total cement m... |
Votorantim Cimentos announces stricter emissions target02 December 2022, Published under Cement NewsVotorantim Cimentos has revised its decarbonisation target to 475kg of CO 2 per tonne of cement by 2030. The company’s new global target is 8.7 per cent lower than the target of 520kg of CO 2 per tonne of cement previously announced as part of its 2030 Sustainability Commitments. The new Scope 1 target, which refers to CO 2 emissions generated directly by company operations, was approved by the SBTi (Science Based Target initiative) and represents a reduction of 24.8 per cent compar... |
Savannah Cement places order with Sinoma for new Kenyan plant02 December 2022, Published under Cement NewsSavannah Cement has placed an EPC order with Sinoma International Engineering for a new US$300m cement plant in Kenya. Sinoma will construct a clinker line with an output of 8000tpd, a cement grinding unit, and a packaging and forwarding system with an output of 100tph, as well as a supporting power station in Kitui, east of the capital Nairobi, reports Yicai Global. The company will provide a full range of services from engineering design, equipment procurement and supply, civil const... |