Cement News tagged under: Weekly Newsletter
Indonesia's annual demand increased by 4.3 per cent in 202111 March 2022, Published under Cement NewsIndonesia's annual domestic cement demand reached 65.215Mt in 2021, representing an increase of 4.3 per cent on the year before, in line with industry expectations. All of the domestic regions recorded higher demand in 2021. Consumption in Java, the largest market, representing 53 per cent of domestic demand, grew by 2.6 per cent to 34.695Mt in FY2021. In Sumatra, the second-largest market with 22 per cent market share, demand increased by 2.5 per cent to 14.129Mt. Sulawesi (10 per cent ma... |
Cementir posts record EUR1360m group revenue in 202110 March 2022, Published under Cement NewsCementir's group revenue in 2021 set the historical record of EUR1360m, up 11 per cent compared to EUR1224.8m in 2020. At constant 2020 exchange rates, revenue would have been equal to EUR1399.5m, an increase of 14.3 per cent on the previous year. EBITDA hit a record of EUR311m, up by 17.9 per cent compared to EUR263.7m in 2020, following improved results in all countries except Denmark and Malaysia. In 2021 cement and clinker sales volumes reached 11.2Mt, up 4.1 per cent compared ... |
Hercules Enterprises applies for new UK grinding plant10 March 2022, Published under Cement NewsHercules Enterprises Ltd, majority owned by Spanish group Cementos La Cruz , is applying to Kent County Council (KCC) for permission to build a 500,000tpa grinding plant at Sheerness Docks, UK. Raw materials will be imported through the docks and the 2.3ha site will include a conveyor, four silos, EcoHopper, clinker storage hall, packaging plant, weighbridge and control rooms. The facility's designs reference Cemengal of Spain as the supplier of the Plug & Grind plant. Hercules Enterpris... |
Breedon Group Plc records revenue of GBP1232.5m in 202109 March 2022, Published under Cement NewsBreedon Group Plc announced revenue from audited annual results for the year ended 31 December 2021 totalling GBP1232.5m, up 33 per cent from GBP928.7m in 2020. Profit before tax amounted to GBP114.3m compared to GBP48.1m in 2020, a rise of 138 per cent. Statutory EBIT reached GBP127.4m, up 107 per cent when compared to GBP61.6m in 2020. On a like-for-like (LfL) basis and compared to 2019, aggregates volumes increased 12 per cent, asphalt volumes 20 per cent and cement volumes by 14 per ... |
Cemex to start up CPN Kiln No2 in 3Q2209 March 2022, Published under Cement NewsCemex has announced that following its successful restart of one kiln at its CPN cement plant located in northwest Mexico in 2021, it is now reactivating the second CPN kiln. This investment will leverage Cemex's unparalleled regional trading network to meet growing cement demand throughout the western USA. Once operational, the recommissioned kiln is expected to provide nearly an additional 800,000tpa of cement for customers across Arizona, California and Nevada. Cemex will invest U... |
Dangote Cement reports group revenue of NGN1383.6bn in 202103 March 2022, Published under Cement NewsDangote Cement reported that for the year ended 31 December 2021, group revenue reached NGN1383.6bn (US$3.327bn), up 33.8 per cent on 2020. The group recorded a record EBITDA of NGN684.6bn. Pan-African EBITDA totalled NGN88.8bn, a rise of 24.6 per cent. Net debt reached NGN225.1bn. In total, manufacturing costs increased by 25.8 per cent to NGN551bn from NGN437.9bn in 2020. Materials consumed cost increased by 30 per cent to NGN175.4bn, while fuel and power cost advanced by 34.4 per cent ... |
Colombian cement market contracts to 0.963Mt in January03 March 2022, Published under Cement NewsCement dispatches in Colombia decreased 2.5 per cent YoY to 963,900t in January 2022 when compared with 989,100t reported in January 2021,when dispatches slipped 0.6 per cent YoYaccording to the national statistics agency, DANE. Of this total, bulk cement dispatches advanced 8.1 per cent YoY in January 2022, but bagged cement deliveries were down 6.6 per cent YoY, reflecting the development of sales in the different market segments. Ready-mix concrete companies increased their offtake by 1... |
The PCA urges strong federal support to accelerate decarbonisation technologies02 March 2022, Published under Cement NewsIn comments submitted to the US Department of Energy’s Advanced Manufacturing Office (AMO), the Portland Cement Association (PCA) stated that federal policy and support is vital to accelerate the deployment of technologies that can decarbonise the US industrial sector. In its comments, PCA noted that it shares the Biden-Harris Administration's goal of carbon neutrality by 2050 through its own Roadmap to Carbon Neutrality, which lays out a pathway to achieve this across the cement-concret... |
Cement output index in Italy sees 31% advance in 12M2102 March 2022, Published under Cement NewsCement production in Italy in December 2021 saw a one per cent drop when compared with the index with a 2015 base, an improvement when compared with the November 2021when the fall was six per cent, according to Federbeton, Italy’s concrete association. Compared with December 2020, the output index increased by 31 per cent. Imports of grey cement into Italy in November 2021 declined 24 per cent YoY to 92,002t, sold for a CIF value of EUR4.882m or at EUR53/t, down from EUR54/t in October 2021... |
Dewan Cement returns to profit in 2QFY21-2201 March 2022, Published under Cement NewsPakistan-based Dewan Cement Ltd posted a turnover of PKR4149.6m (US$23.4m) in the quarter ended 31 December 2021 (2QFY21-22), up from PKR931.6m in the 2QFY20-21. In the 2QFY21-22, the company achieved an operating profit of PKR68.8m, an improvement when compared with the PKR334.5m loss in the 2QFY20-21. Net profit reached PKR130.7m, up from a loss of PKR266.6m in the equivalent period of the previous year. |