Cement News tagged under: Weekly Newsletter
US-Puerto Rican Portland and blended cement market contracts 5% in April27 June 2022, Published under Cement NewsShipments of Portland and blended cement (including imports) in the USA and Puerto Rico declined by 5.3 per cent YoY to 9.2Mt in April 2022, according to the US Geological Survey (USGS). The leading cement-consuming states – Texas, California, Florida, Ohio and Georgia – accounted for 41 per cent of total shipments. The leading cement-producing states were Texas, California, Missouri, Florida and Alabama. Masonry cement shipments totalled 217,000t in April 2022, slipping from April 2021. ... |
CEMBUREAU asks for speedy CBAM implementation23 June 2022, Published under Cement NewsThe European cement association CEMBUREAU has welcomed the adoption of the European Parliament reports on the EU Emission Trading Scheme (ETS) and the EU Carbon Border Adjustment Mechanism (CBAM) but states that timely implementation of CBAM is key to support the sector’s transition to carbon neutrality. "Our sector needs a coherent and predictable regulatory framework to deliver on its carbon neutrality ambitions. The texts adopted today offer significant improvements on key issues – suc... |
Negative sentiments spreading in freight markets23 June 2022, Published under Cement NewsBy Maria Vasyutenko, associate of Brannvoll ApS The USG Supramax/Ultramax spot freight market came under pressure amid increased tonnage supply in the area. Many vessels are ballasting towards USG regardless of the falling rates, which maintains the pressure on the USG and USEC markets and at once highlights the relative weakness of the European freight market. Thus, the USG market sentiment is soft, fixing activity is limited, and owners with spot vessels are forced to reduce their ideas... |
Kesoram to boost cement capacity to 15Mta22 June 2022, Published under Cement NewsKesoram Industries Ltd, part of the B K Birla Group, announced that its plans to increase its cement production capacity to 15Mta from 11Mta. The expansion plan will take 3-4 years to complete, according Mr P Radhakrishnan, whole-time director and CEO of Kesoram industries. The increase is cement capacity represents an investment of INR3.5bn-5bn (US$44.8m-64m). Kesoram Industries planned to increase capacity by 1Mta by debottlenecking and then add a kiln to the existing facility to decre... |
DG Khan Cement to install solar power plant in Punjab22 June 2022, Published under Cement NewsDG Khan Cement Co Ltd (DGKC) has informed Pakistan Stock Exchange (PSX) on 21 June that its has signed an agreement and established a Letter of credit with Reon Energy Ltd for the supply and installation of the on-grid solar power plant of 6.952MW at its site in Khairpur, District Chakwal, Punjab. The solar power plant is to be financed 100 per cent through the State Bank of Pakistan Financing Scheme for Renewable Energy. The project will be completed in about six months and replace elect... |
Boral cuts back operations as energy prices soar20 June 2022, Published under Cement NewsBoral Ltd has cut back its operations due to a surge in energy prices in Australia, according to Reuters. The company has reportedly not only curtailed some areas of its production but has also been forced to pass the change in energy prices onto its customers. It is also in the process of reviewing its overheads to help offset the “inflationary challenges” the company told Reuters. Although Boral acknowledged efforts made by the Australian energy market operator to cap wholesale power pri... |
LafargeHolcim Spain to participate in Horizon 202020 June 2022, Published under Cement NewsLafargeHolcim Spain will participate in a new project "Horizon 2020” . The project will involve research into pyrolysis, which is a promising technology for recycling unsorted heterogeneous plastic waste. This technology consists of the thermal degradation of plastic waste in the absence of oxygen. The project will be carried out in two stages: first, adapting and testing a full-scale pilot plant at Repsol's Technology Laboratory to optimise the components and process conditions, an... |
Cementa wants climate-positive cement for National Transport Plan15 June 2022, Published under Cement NewsCementa has responded to the National Transport Plan of Sweden until 2033, recently announced by Tomas Eneroth, Minister of Infrastructure, arguing that new infrastructure should be built with climate-positive cement. Karin ComStedt Webb, VP of HeidelbergCement Sweden, said, “Until now, I believe that we in Sweden have often taken cement and concrete for granted and that it should always be available. But for Sweden to continue to be self-sufficient in our most important building mater... |
DG Khan set for US exports15 June 2022, Published under Cement NewsPakistan-based DG Khan Cement Co will be exporting 50,000t of cement to the USA for the first time. “A ship, Tomini Felicity, is presently loading cement at KPT in 1.5t jumbo bags destined for Houston, Texas USA,” Fareed Fazal, DG Khan director, said. The shipment is part of a contract that will see the cement producer export 100,000tpd to Texas after concluding a deal in August 2021, when Mr Fazal visited the US. Following the deal, there was a 10-month process to obtain the necessary ce... |
Fouta Cement prepares to launch new grinding mill in Liberia14 June 2022, Published under Cement NewsFouta Cement Corp, the subsidiary of Fouta Corp, a trading company based in Liberia, is establishing a 0.396Mta grinding plant in Monrovia. The project is financed partially via an IFC loan totalling US$21.6m. The facility is being constructed on a 10.5 acre site in Monrovia Industrial Park, under a 20-year lease from the National Ports Authority. The grinding plant will be equipped with a 50tph mill and will receive clinker by trucks loaded from vessels at a designated berth in the Por... |