Cement News tagged under: corporate
CRH's Ukraine operations rebrand02 December 2021, Published under Cement NewsCRH’s cement plants in Ukraine are to operate under the new brand name of CEMARK. Mykolaivcement, Kamyanets-Podilskyi and Odessa cement plants will come under this branding. The rebranding of the CRH cement plants in Ukraine is linked with a change in the global brand structure for CRH entities. CRH is transitioning from being a holding company to being a global corporate brand. The aim is to build a strong national brand with its own Ukrainian heritage. On 22 November, CRH’s locat... |
InterCement's cement volumes remain stable in 3Q21 at 5.4Mt01 December 2021, Published under Cement NewsInterCement reports that its total cement volume remained at a solid 5.4Mt in the 3Q21, reflecting stability YoY due to the sizeable comparison base of last year, when post pandemic pent-up demand enhanced the base. The cement industry in Argentina remained on a strong pace, with Loma Negra volumes up eight per cent YoY, helped by some recovery of bulk segment. Argentine volumes expanded by 8.4 per cent versus the 3Q20. InterCement’s Brazilian volumes sold reached 2.5Mt, despite... |
HeidelbergCement agrees sale of Sierra Leone subsidiary01 December 2021, Published under Cement NewsHeidelbergCement has signed an agreement to sell its subsidiary Sierra Leone Cement Corp Ltd (Leocem) to the Diamond Cement Group. The sale includes a cement grinding plant with two grinding mills. The Freetown cement plant has a capacity of ~500,000tpa. HeidelbergCement holds 50 per cent of the shares in the company and has full management responsibility. The divestment is part of HeidelbergCement’s ongoing portfolio optimisation and margin improvement programme within its ‘Beyo... |
Fujian Cement Co announces energy-saving projects01 December 2021, Published under Cement NewsFujian Cement Co Ltd has announced new projects for the Yongan Jianfu and Ansha Jianfu 4500tpd production lines. The energy-saving projects represent a total investment of CNY247.4m (US$38.84m). The plans are expected to see the renovation of the old systems at the existing operations of Yongan Jianfu and Ansha Jianfu, without additional land acquisition. A set of Ф200-180 roller press grinding systems for raw material will be added to each of the two plants to replace the original vertical... |
Oman Cement increases conveyor capacity01 December 2021, Published under Cement NewsOman Cement Co has increased the capacity of one of its conveyor belts from 150 to 250tph. The increase of the conveyor that transports cement from the cement mill to the silo was achieved by EPC specialist Synergy International FZE, who was responsible for project planning, procurement and construction. Synergy International FZE specialises in mechanical power transmission and bulk material handling, wear protection and dedusting systems, as well as ball mill optimisation and automated fl... |
Cemento Polpaico invests US$60m to ensure Cerro Blanco continuity30 November 2021, Published under Cement NewsCemento Polpaico has submitted an environmental impact study (EIS) for the Cerro Blanco complex development to Chile’s Regional Directorate of the Environmental Assessment Service of the Metropolitan Region. The US$60m project plans the expansion of the mining exploitation of four existing limestone quarries. This would increase the exploitation areas and extend limestone extraction by 27 years, enabling the operational continuity of the Cerro Blanco Complex. The EIS includes several mod... |
Sinai Cement reports 67% rise in net sales30 November 2021, Published under Cement NewsEgypt’s Sinai Cement saw its consolidated net loss contract to EGP323.3m (US$20.58m) in the first nine months of the year, compared with EGP425m in the year-ago period. Consolidated net sales advanced 67.3 per cent YoY to EGP984.8m from EGP588.7m in the 9M20. |
PPC Barnet posts positive 1H21 results30 November 2021, Published under Cement NewsPPC Barnet in the Democratic Republic of Congo (DRC) announced that nearly 230,000t of cement were produced in the second quarter of 2021. The company operates a 1.2Mta integrated cement plant, representing a US$300m investment. Sales volumes in the key central market were up six per cent YoY. This has enabled the company to open warehouses in the central location of Kinkole, as well in Zongo, northern DRC, and Ilebo, southern DRC. Iqbal Omar, CEO of PPC Barnet DRC, said: “These first si... |
Polpaico sees 71% surge in 9M revenues29 November 2021, Published under Cement NewsChile-based Cemento Polpaico reported revenues up 71.1 per cent to CLP230,726.57m (US$277.3m) in the January-September 2021 period when compared with revenues of CLP134,876.954m in the equivalent period of the previous year. The company also posted profits of CLP10,472.311m in the first nine months of 2021 compared to a loss of CLP10,319.237m in the 9M20. In September 2021 sales volumes of cement reached 1,662,448t, up 18.5 per cent YoY, while concrete sales volumes increased by 29.7 per c... |
Cemento Cosmos to stop Cordoba kiln29 November 2021, Published under Cement NewsCemento Cosmos, part of Brazil-based Votorantim Cimentos, is stopping the kiln at its Córdoba plant in Spain in 2022 due to high energy costs. The plan is to “significantly” reduce clinker production with temporary shutdowns over the next year, reports Diario Córdoba. While clinker will no longer be produced at the Córdoba plant, cement production will continue, using clinker from other group plants, possibly from the Cementos Balboa plant in Badajoz, which was purchased earlier this year. ... |