Cement News tagged under: corporate
ACC launches Bagcrete19 May 2023, Published under Cement NewsACC Ltd has launched Bagcrete, a pre-blended and high-quality concrete for all types of construction jobs. According to the company, Bagcrete was created to offer the best compressive strength (10-80MPa) and exceptional workability retention as a result of the pre-blended components being “meticulously measured to ensure uniform quality.” In contrast to traditional concrete, which requires the mixing of various components on-site, Bagcrete is a pre-blended mixture of cement, sand and ag... |
SABIA commitments to achieve net zero CO₂ emissions19 May 2023, Published under Cement NewsHal Grodzins, chairman and CEO of SABIA, has announced that the company will expand its approach to the mining and minerals market by increasing its commitment and company resources towards working with the top mining companies throughout the world to achieve the mutual goal of net zero direct and indirect carbon emissions by 2050. One of the most direct ways to lower CO₂ emissions is through efficient process control by reducing the variability of the raw materials from carbon-bas... |
Flender opens expanded Voerde logistics and storage hall19 May 2023, Published under Cement NewsDrive manufacturer Flender has officially completed construction work on the expansion of its site in Voerde, Germany, with the opening of its new logistics and storage hall for the assembly of large gear units. The hall has been built on an open area on the company's premises covering almost 8000m 2 . The new building is part of Flender's investments to be able to handle the expected growth in the global wind energy business and to drive the energy transition in Europe. In addition to... |
Buzzi Unicem changes name to Buzzi SpA19 May 2023, Published under Cement NewsItalian-based Buzzi Unicem hs changed its name to Buzzi SpA as of 18 May 2023. The name change was ratified by an extraordinary shareholders meeting on 12 May 2023. The names of the international cement producer's subsidiaries remain unchanged. |
Lafarge Canada's carbon capture project enters final phase18 May 2023, Published under Cement NewsLafarge Canada has announced a tri-party agreement with Svante Technologies Inc and Dimensional Energy, Inc to bring a demonstration of Dimensional Energy’s carbon dioxide utilisation technology to Lafarge’s cement plant in Richmond , British Columbia, Canada. In 2019, through a joint industry partnership between Svante, Total SA, and Lafarge, Svante installed Project CO 2 MENT, a demonstration carbon capture plant to capture 1tpd of CO 2 emissions from Lafarge’s operations at the Richmo... |
Shiva Cement's income tumbles as expansion plans continue18 May 2023, Published under Cement NewsShiva Cement Ltd , part of JSW Cement , has reported total income of INR34.74m (US$421,582) in the year ended 31 March 2023, compared to INR72.7m in the previous year. Finance costs advanced from INR87.93m in the year ended 31 March 2022 to INR128.53m a year later, while depreciation and amortisation expenses jumped from INR70.56m to INR589.86m over the same period, the latter of which is linked to the company’s current expansion plans. This resulted in a loss after tax of -INR804.7m in th... |
Sagar Cements to commission new clinker line18 May 2023, Published under Cement NewsSagar Cements plans to commission its new clinker line at Andhra Cements Ltd (ACL) during the current quarter. This forms part of an INR4580m (US$55.6m) investment programme by Sagar Cements to upgrade Andhra Cements’ capacities from 1.65Mta to 2.3Mta of clinker and from 1.8Mta to 3Mta of cement. The full upgrade programme is due to complete in the 2HFY24-25, according to The Hindu. According to Sagar Cements, it is expecting an incremental 1Mta from Andhra Cements in FY23-24. Sagar Ce... |
Cemex and Ecocem partner on lower-carbon R&D18 May 2023, Published under Cement NewsCemex and Ecocem have agreed to work together in a new partnership to explore opportunities to use lower-carbon cementitious material in concrete production, according to a statement by the two companies. Initially, the partnership will trial lower carbon solutions in ten of Cemex’s French readymix production plants, with the ambition to extend in France and potentially the wider region as part of a portfolio of initiatives in the sector. Developing innovative partnerships with key ind... |
Breedon joins London Stock Exchange's Premium Listing segment18 May 2023, Published under Cement NewsBreedon has announced its admission to the Premium Listing segment of the main market of the London Stock Exchange and the simultaneous cancellation from trading on the AIM market at 8.00h on 17 May 2023. Rob Wood, CEO, commented: “Today marks a significant moment in Breedon’s history as we celebrate our move from AIM to the Premium Listing Segment of the Official List and to trading on the Main Market of the London Stock Exchange. “As an established business with a track record for... |
Pakistan cement production output fall in 9MFY2317 May 2023, Published under Cement NewsThe political unrest, fragile economy, high-interest rates and inflation are now reflected in the production data of large Pakistan-industry industries. On top of this, restrictions on raw materials import also dent industrial progress. The overall output of Pakistan's Large-Scale Manufacturing Industries Index (LSMI) has shown a decline of 8.11 per cent during July- March 2022-23 compared with last year. The LSMI output decreased by 24.99 per cent for March 2023 compared with March 2022 ... |