Cement News tagged under: Weekly Newsletter
Cemex successfully converts kiln flue gases into nanomaterials26 April 2022, Published under Cement NewsCemex has announced that it has successfully tested a process that converts flue gases emitted by the cement kiln into carbon nanomaterials, thereby transforming ‘bad’ carbon into ‘good’ carbon. Due to their unique mechanical, thermal, electrical and chemical properties, carbon nanomaterials have several potential applications in a wide array of industries, from construction to biomedicine. This technology was born out of Smart Innovation, Cemex’s internal open innovation platform. Ceme... |
Holcim records 1Q22 net sales growth of 20%25 April 2022, Published under Cement NewsHolcim announced net sales amounted to CHF6440m (US$6.72bn) in the 1Q22, up 20.1 per cent from CHF5362m recorded in the 1Q21. The company achieved double-digit net sales growth in Solutions & Products, driven by its roofing business sales, to achieve net sales of CHF5bn. Cement volumes reached 46.1Mt in the 1Q22, down 2.6 per cent on 47.3Mt recorded in the 1Q21. Sales of aggregates reached 51.5Mt up from 48.5Mt in the 1Q21, a rise of 6.1 per cent. Ready-mix volumes increased to 10.9... |
Serbian cement industry faces fuel challenge22 April 2022, Published under Cement NewsSerbia’s cement industry is being considerably impacted by the Russia-Ukraine war as the sector depends on high-calorie coal imports from both Russia and Ukraine for more than 50 per cent of its fuel requirement. Moreover, the alternative fuels used by the industry are insufficient to safeguard business continuity, particularly in the currently expanding market. The supply chains from Russia and Ukraine have almost stopped, presenting a serious challenge to the industry, according to Associ... |
Peruvian cement market expands 8% in March20 April 2022, Published under Cement NewsCement dispatches in Peru increased eight per cent YoY to 1.173Mt in March 2022, according to the country’s cement association, Asocem. In March 2021 dispatches were at a level of 1.089Mt. Domestic cement production by Asocem members advanced 11 per cent YoY to 1.121Mt in March 2022 when compared to 1.006Mt in March 2021. Clinker production increased by a third to 939,000t from 708,000t over the same period. The country’s cement output was supplemented by 50,000t of cement imports in Mar... |
Cuban cement plants intend to take output over 1Mta in 202220 April 2022, Published under Cement NewsWhile cement plants in Cuba will produce more cement in 2022, this would remain insufficient to meet national cement demand, according to the Cuban Ministry of Construction. It is expected that the country will output more than 1Mt in 2022, up from 0.8Mt in the previous year. The country has currently five cent plants with a further two under construction in Camagüey and Santiago de Cuba. If operating at full capacity they would be able to produce the 4Mt required by the domestic market. ... |
Kanodia Cement completes Amethi grinding plant expansion20 April 2022, Published under Cement NewsKanodia Cement has set up a new cement grinding unit at its Amethi plant, India. The grinding expansion is already completed and production began in April 2022. All four of the company’s cement grinding units are fully automated. Vishal Kanodia, managing director, Kanodia Cement, said that the Amethi expansion is part of the company’s strategy to increase its total cement capacity to 4.3Mta. “We are optimistic about the growth in demand for cement in India. The set-up of our Amethi... |
Holcim reported to be looking for potential buyers of ACC Ltd19 April 2022, Published under Cement NewsBloomberg has reported on Holcim proposing to dispose of Ambuja Cements Ltd. Holcim owns ACC Ltd and Ambuja Cements in India. With approximately 64Mta of cement capacity it is second-largest producer behind UltraTech Cement in the country. The Swiss conglomerate is believed to have held early-stage negotiations with JSW and Adani Group, among others, to explore their interest levels, according the Economic Times. Deliberations are in the early stages and may not lead to a transaction, ... |
UltraTech acquires 29% stake in RAK White Cement19 April 2022, Published under Cement NewsUltraTech Cement Middle East Investments , part of UltraTech Cement in UAE, has invested US$101m to acquire a 29.39 per cent stake in RAK Cement Co for White Cement and Construction Materials PSC . RAK White Cement reported a turnover of INR4.825bn (US$63.2m) last year, up from INR4.46bn in 2020. The company is registered on the Abu Dhabi and Kuwait stock exchanges. |
Italy’s cement output sees 14% YoY drop in January19 April 2022, Published under Cement NewsItaly's cement production index (base year 2015) fell from 99 in December 2021 to 65 in January 2022, or by 14 per cent when compared with January 2021, according to Federbeton, the country’s concrete association. Grey cement imports into Italy increased 38 per cent YoY to 102,203t in December 2021. A total CIF value of EUR5.244m, or EUR51/t was reported. Cement exports in December 2021 saw a 15 per cent uptick YoY to 117,567t with an FOB value of EUR6.997m for the total export volume, or... |
Vicat Cement Egypt's acquisition of Sinai Cement approved14 April 2022, Published under Cement NewsThe Financial Regulatory Authority (FRA) has approved the publication of a disclosure of an acquisition offer by Vicat Cement Egypt for a 42.12 per cent stake in Sinai Cement Co at EGP6.74 (US$0.36) per share, according to a filing to the Egyptian Exchange (EGX). Vicat will buy 56.064m shares in Sinai Cement, increasing its stake in the company to 100 per cent. |