Cement News tagged under: Weekly Newsletter
Ramco Cements reports rise in revenue in 2021-2220 July 2022, Published under Cement NewsThe Ramco Cements Ltd has reported revenue of INR60.1bn (US$752.3m) in the FY21-22, compared to INR53.03bn in FY20-21. Net profit over the same period has advanced from INR7.61bn to INR8.93bn, while EBITDA has fallen from INR15.82bn to INR13.14bn. In terms of costs, power and fuel accounted for the greatest share in the FY20-22 at 23 per cent, up from 15 per cent in the FY20-21. All other costs remained stable with freight and forwarding expenses accounting for 20 per cent in the FY21-22, ... |
Holcim secures EU investment in CCUS projects19 July 2022, Published under Cement NewsHolcim has secured investment from the European Union Innovation Fund in its carbon capture, utlisation and storage (CCUS) projects in Germany and Poland. The funding will support Carbon2Business, part of the Westküste 100 project in Germany, where carbon is captured from the Lägerdorf cement plant before being converted into synthetic fuel. The EU is also investing in Holcim's Go4ECOPlanet project in Poland, which aims to capture CO 2 from Holcim 's site in Kujawy before storing it of... |
Union Bridge plant to transition to EcoCem®PLC production18 July 2022, Published under Cement NewsLehigh Hanson ’s ( HeidelbergCement group) Union Bridge plant will fully transition from producing ordinary Portland cement (OPC) to EcoCem ® PLC as its primary product by no later than January 2023. The Union Bridge plant is currently the company’s largest cement plan in North America. EcoCem ® PLC is a Portland limestone cement (PLC) produced using innovative technology to increase the amount of limestone and decrease the amount of clinker used. This reduces both the energy requ... |
HeidelbergCement's ANRAV project wins EU Innovation funding14 July 2022, Published under Cement NewsHeidelbergCement ’s newly-launched ANRAV carbon capture utilisation and storage (CCUS) project has been selected for Grant Agreement Preparation by the EU Innovation Fund, meaning that the project’s implementation will be supported. ANRAV aims to be the first full-chain CCUS project in Varna, Bulgaria, eastern Europe. It will link carbon capture facilities at the Bulgarian Devnya Cement (HeidelbergCement group) through a pipeline system with offshore permanent storage under the Black S... |
TITAN Cement Group to scale Rondo Energy's decarbonisation technology14 July 2022, Published under Cement NewsTITAN Cement Group joins decarbonisation and electrification investment leaders, Breakthrough Energy Ventures and Energy Impact Partners, in supporting Rondo Energy (Rondo) through its recent Series A financing round for the scale-up of its innovative ‘heat battery’ technology, aiming to provide new solutions for decarbonising power generation and heavy industry, including cement manufacturing. The Rondo Heat Battery uses established industrial technologies to transform renewable ele... |
Sagar Cements and Dalmia Cement express interest in Andhra Cements13 July 2022, Published under Cement NewsSagar Cements and Dalmia Cement are reportedly among the companies expressing an interest in Andhra Cements, which is currently undergoing insolvency proceedings, according to The Economic Times. Andhra Cements, part of the Jaypee Group, currently runs two plants in India located in Dachepalli and Visakhapatnam. In the quarter ended 31 March 2022 the company incurred a loss of INR683.1m (US$8.5m), compared to the same period a year earlier. The loss for the financial year ended 31 March ... |
INSEE Cement starts production of Portland composite cement13 July 2022, Published under Cement NewsINSEE Cement (Lanka) Ltd has extended production of its Portland composite cement (PCC) to its Ruhunu cement plant , increasing production of the new SLS 1697 product to meet the growing demand of the local market. Engineered with INSEE’s trademarked SmartAct Technology, PCC's unique composition of multiple minerals addition undergoes a triple reaction consisting of hydration, pozzolanic and nucleation that increases strength build-up at each level of maturity. The triple reaction also... |
Burundi: Dangote's next stop?12 July 2022, Published under Cement NewsDangote Cement Zambia’s CEO, Vipul Agrawal, has assured the Burundi government that its company will not only help to address the scarcity of cement in the country in the short term but also find a long-term solution. Burundi has large limestone, magnesium oxide and silica deposits in the northwest. As a result, the government has invited Dangote to build a cement plant in the country. The government requested Dangote to work out the modalities for the supply of construction materials an... |
Cementa's application for a short mining permit continues11 July 2022, Published under Cement NewsCementa ( HeidelbergCement group ) submitted its application for a shorter mining permit of four years to the Land and Environment Court in April this year. Authorities, associations and the general public have since been able to take part in the application and submit comments on it. Cementa has taken note of the opinions submitted by a dozen authorities and associations, such as SGU (the state's expert authority regarding groundwater and mineral extraction), the Swedish Environment... |
Holcim El Salvador starts Plants of Tomorrow technology at Maya plant07 July 2022, Published under Cement NewsHolcim El Salvador has been celebrating the opening of its state-of-the-art Maya cement plant. The Maya plant upgrade is part of the group’s 'Plants of Tomorrow' programme, one of the largest roll-outs of Industry 4.0 in the building materials industry. At Maya, the company is deploying innovative technologies for increased safety, efficiency and sustainability, including a remote plant control system, drones for kiln and tower inspections, mobile app to track production levels a... |