Cement News tagged under: corporate
INSEE Cement signs MoU with Hambantota Port29 November 2021, Published under Cement NewsHambantota International Port Group (HIPG) recently signed an agreement with INSEE Cement to ensure the efficient transfer of raw materials to the Galle cement plant, Sri Lanka, via the Hambantota Port. The agreement was signed between INSEE Cement CEO, Gustavo Navarro, and HIPG CEO, Johnson Liu, at a ceremony held at the Hambantota Maritime Centre. Mr Navarro said: "Due to the limitations we have experienced in our previous operations, we couldn’t bring bigger vessels with larger ... |
Fire at Cruz Azul’s Tula operations29 November 2021, Published under Cement NewsA fire broke out at Cruz Azul’s facility in Tula de Allende, Mexico, on Sunday morning. The flames were reportedly located at the company’s limestone conveyor belt. The fire was extinguished within two hours, but around 500m of the belt has been damaged. Operations are not expected to affected, while repair work will last between 15-20 days. |
Holcim launches new concrete product26 November 2021, Published under Cement NewsHolcim has launched a new high-performance concrete, DYNAMax, which is expected to deliver high strength, durability and rigidity alongside design freedom and sustainability, according to a press release. It will be launched in close to ten markets across Europe, Latin America, North America and Asia Pacific in 2022. Jan Jenisch, CEO Holcim, said: “I’m excited by the launch of our DYNAMax high-performance concrete, advancing our global range of innovative and sustainable building solut... |
CarbonBuilt joins World Cement Association26 November 2021, Published under Cement NewsCarbonBuilt has joined the World Cement Association (WCA) as an associate corporate member. The US based firm has developed ReversaTM technology that directly embeds CO₂ from industrial and direct air capture sources into proprietary low-cost and low-carbon concrete formulations. The technology reduces overall CO₂ emissions by more than 60 per cent while delivering products that meet existing industry specifications and drive greater profit for concrete producers, according to a WCA state... |
PPC posts better-than-expected 1H in Zimbabwe25 November 2021, Published under Cement NewsSouth Africa-based PPC has said its cement sales volume in Zimbabwe surpassed expectations as sales increased by 19 per cent in the six months to September as cement demand in the African country saw double-digit growth. Individual customers as well as government projects drove the increase in sold volumes. Compared with the equivalent period in 2019, PPC’s sales volumes advanced 31 per cent. As a result, revenue increased by 55 per cent to ZAR1.2bn (US$75.7m). PPC received US$2.7m in divide... |
Ramco Cements commissions WHR system25 November 2021, Published under Cement NewsIndia’s Ramco Cements has commissioned a new waste heat recovery system for the third line of its Jayanthipuram plant in Andhra Pradesh. Out of the two boilers in the WHR system of the third line, the air-quenched boiler at the cooler has been commissioned, according to a company release. It is expected to increase total available power from waste heat to 24MW from 21MW. The preheater boiler at the third line will be commissioned in June 2022. |
Taiheiyo Cement Philippines retires old kiln to prepare expansion25 November 2021, Published under Cement NewsTaiheiyo Cement Philippines has retired its old kiln to make way for the installation of its new line, which will increase capacity from 2500tpd of clinker to 6000tpd by mid-2024. The old kiln has been operational for 30 years, according to Yoshihito Izawa, CEO. “Now we have decided to build a new line. It is inevitable to dismantle the whole facility to construct a completely new one. I am deeply grateful for this facility that has contributed to our business activities,” said Mr Izawa. ... |
Breedon Group sees revenue of GBP1045m in the 10M2124 November 2021, Published under Cement NewsUK-based Breedon Group has reported a revenue of GBP1,045m in the first 10 months of the year, up 31 per cent against the same period in 2019, according to its November trading update. On a like-for-like basis, revenue increased 15 per cent from the 10M19 period. “Breedon has continued to benefit from strong end markets, with demand levels remaining encouraging across the group. Trends evident in the first half have persisted with momentum in residential housebuilding and infrastructure s... |
Vicat Group signs EUR250m financing agreement24 November 2021, Published under Cement NewsVicat Group has signed a EUR250m financing agreement, which takes the form of a private placement with leading US investors, according to a press release. The financing agreement consists of two tranches. The first (EUR100m) has a maturity of 10 years, at a fixed rate of 1.27 per cent. The second (EUR150m) has maturity of 15 years, at a fixed rate of 1.57 per cent. |
Argos to collect 5000 waste tyres per month in Honduras24 November 2021, Published under Cement NewsColombia’s Argos will collect around 5000 waste tyres per month in Choluteca, Honduras, and transport them to Comayagua for disposal at its Piedras Azules cement plant. Cementos Argos is working with Fundesur and Fundación HERCO to successfully launch the Responsible Management of Waste Tyres programme in Choluteca. The three organisations expect to remove more than 60,000 tyres in the first year of the programme, which has the support of MiAmbiente, the Secretary of Health and the Municip... |