Cement News tagged under: Weekly Newsletter
Dangote Cement's regional volumes fall by 11% in 1H2203 August 2022, Published under Cement NewsDangote Cement 's pan-African volumes reduced by 11 per cent to 4.9Mt from 5.5Mt in the 1H22 due to increased supply chain challenges and maintenance activities. The best-performing markets for the group were Ethiopia, Senegal and Tanzania. Ethiopia is one of the largest markets for Dangote Cement outside of Nigeria. The market remains short of supply as most plants are operating at very low capacity. Ethiopia's total market for cement was appproximately 2.7Mt in the first six mon... |
Calucem plans a US$35m US calcium aluminate cement plant02 August 2022, Published under Cement NewsSpecialty cement manufacturer Calucem will enter the US market by developing a US$35m manufacturing facility in eastern New Orleans. Calucem (Cementos Molins group) is the world’s second-largest producer of calcium aluminate cement, a high-performance product applied in a variety of commercial and industrial uses. The project will create 70 direct jobs and the Louisiana Economic Development estimates the project also will result in 158 indirect jobs, for a total of 228 new jobs for Louis... |
RECODEH2020 carbon capture demonstration project at Kamari plant02 August 2022, Published under Cement NewsGreece’s first carbon capture project in a cement plant has begun with RECODEH2020 partners successfully launching the demonstration unit at TITAN Cement Group’s Kamari plant . Using ionic liquids (bare or amine-functionalised) as CO 2 adsorbents, the project reached CO 2 purity above 99 per cent during initial operation. Part of the captured CO 2 is converted to nanocalcite and other chemical compounds that can be used in cement manufacture, demonstrating the circular economy based on ... |
Cementir's revenue totals EUR805m in the 1H2228 July 2022, Published under Cement NewsCementir's revenues from sales and services reached EUR805.2m (US$821.7m), an increase of 21.2 per cent compared to EUR664.5m in the 1H21. The increase in revenue is mainly due to price increases reflecting higher costs of fuel, electricity, raw materials, transport and services. EBITDA reached EUR154.7m, up 15.9 per cent from EUR133.5m in the 1H21. During the first six months of 2022, Cementir’s cement and clinker sales volumes amounted to 5.4Mt, dropping by 0.8 per cent compared to t... |
Breedon Group reports revenue of GBP671m in 1H2227 July 2022, Published under Cement NewsBreedon Goup's interim 2022 results saw revenue reach GBP671.1m (US$809.1m) up 12 per cent from GBP600.9m in 1H21. EBIT totalled GBP65.5m, up 22 per cent from GBP53.7m, and profit before tax totalled GBP59.5m, up 29 per cent from GBP46.2m. Breedon explained that approximately 20 per cent of the group’s revenue originates from residential construction where housing markets in both GB and Ireland are structurally under-invested and have robust order books. The industrial sector also offers ... |
Spanish 1H22 cement demand stable, exports down25 July 2022, Published under Cement NewsCement consumption in Spain remained stable in June, registering a -0.1 per cent slip when compared to June 2021, according to the Spanish cement association, Oficemen. In the first six months of 2022, demand increased by 2.5 per cent to 7,487,569t, but exports were down 21 per cent YoY to 2,908,877t. Going forward, Oficemen expressed concern about the economic context of rising interest rates and high inflation, indicating a possible recession. In addition, it appealed to the governme... |
UltraTech Cement Ltd reports net sales of INR150,070m in 1QFY2325 July 2022, Published under Cement NewsUltraTech Cement Ltd ( Aditya Birla Group ) has announced its financial results for the quarter ended 30 June 2022 with consolidated net sales of INR150,070m (US$1.88bn) versus INR116,980m over the corresponding period of the previous year. After a strong end to FY22, cement demand was impacted by overall inflationary trends and lower labour availability in May 2022. However, cement demand picked up in June 2022 on pre-monsoon construction activity. Profit before interest, depre... |
Ragland Cement plant inaugurates new 1.65Mta line22 July 2022, Published under Cement NewsNational Cement Co 's Ragland cement plant, in Alabama, USA, has completed a two-year, US$300m project to install a new production line with alternative fuels. The key component of the production line is a rotary kiln that replaces coal with various fuels such as recycled wood chips, saw dust from area furniture and cabinet manufacturers, and tyre-derived fuels (TDF) composed of shredded scrap tyres. Guy Sidos, chairman and CEO of the Vicat Group , notes : “It is our fervent a... |
GCCA and FICEM accelerate Latin American progress towards net zero21 July 2022, Published under Cement NewsThe Global Cement and Concrete Association (GCCA) and, regional affiliate, FICEM have co-hosted an event on 'Latin American cement and concrete industry – Towards Net Zero' in the Dominican Republic. The meeting highlighted the progress made in decarbonising the industry in the region and future pathways to reaching net zero concrete. Claude Loréa, executive cement director of the GCCA, commented that the association has attracted 80 per cent of the global cement industry outside of China... |
Carbon Clean awards contract to KBR for Rüdersdorf Carbon capture project20 July 2022, Published under Cement NewsCarbon Clean has awarded a Front End Engineering Design (FEED) contract to global engineering experts, KBR, for a groundbreaking carbon capture project at CEMEX ’s Rüdersdorf plant in Germany. KBR will provide FEED services for the initial stage of the project which aims to develop and deploy Carbon Clean’s CycloneCC breakthrough modular carbon capture technology, to initially capture 100tpd of CO 2 at the plant. The captured CO 2 will be combined with green hydrogen to produce synth... |