Cement News tagged under: corporate
Aggregate Industries breaks ground on new Tilbury plant14 December 2023, Published under Cement NewsAggregate Industries has broken ground on its new low-carbon cement production unit at the Port of Tilbury in the UK. The new facility will enable the company to supply its customers with conventional, low carbon, and circular cementitious materials from five loading heads. The primary objective of the new unit is to meet increasing demand for sustainable building materials. As well as providing an import hub, this major investment includes new plant equipment for manufacturing blended... |
UltraTech targets 85% green power by 203014 December 2023, Published under Cement NewsUltraTech Cement aims to increase the share of green energy in its total energy mix from the current 22 to 60 per cent by FY25-26 and 85 per cent by 2030. According to its Managing Director, KC Jhanwar, the company has been consistently scaling up the green energy mix in its total power requirement over recent years with the aim of meeting its entire electricity requirement from renewable sources by 2050. To help meet this target, UltraTech has invested in a number of new initiatives ... |
Holcim's CCUS project scoops COP28 awards14 December 2023, Published under Cement NewsHolcim has received two awards at COP28 in Dubai for its Carbon2Business project in Lägerdorf, Germany, in recognition of the scalability and breakthrough innovation of its carbon capture technologies. The first saw Holcim named by the COP28 Presidency as an 'Energy Transition Changemaker' - a title awarded to companies with game-changing innovative solutions that can be scaled to accelerate decarbonisation. For the second, Carbon2Business was selected as Germany’s 'outstanding project' in... |
Ramco Cements enhances Kolimigundla clinker capacity13 December 2023, Published under Cement NewsThe Ramco Cements Ltd (RCL) has increased clinker capacity at its Kolimigundla works in Andhra Pradesh, India, by debottlenecking its pyroprocessing system. The debottlenecking process has increased clinker capacity at cement plant by 0.65Mta to 3.15Mta, a company executive told local press. The Kolimigundla plant is now operating at full capacity. The official added that the expansion of the Odisha grinding unit from 0.9Mta to 1.8Mta is expected to be commissioned in January 202... |
Taiwan Cement completes share agreement for Denizli Çimento13 December 2023, Published under Cement NewsTaiwan Cement Corp has finalised its agreement with OYAK Çimento to acquire a further 20 per cent stake in Denizli Çimento ,Turkey. According to Reuters this will boost Taiwan Cement's share in the company to 60 per cent. The preliminiary Memorandum of Understanding (MoU) regarding the deal was signed in November this year. Reuters has assigned Denizli Çimento a total enterprise value of US$1.42bn. |
South Africa regulator recalls Econo Cement product13 December 2023, Published under Cement NewsSouth African company Econo Cement has been accused of having a 'sub-standard' product by the National Regulator for Compulsory Specifications (NRCS). The regulator has asked consumers and hardware stores to participate in a nationwide recall of Econo Cement's CEM V/A S-V 32.5 N product after investigations found it failed to meet the minimum requirements of prescribed strength. CEO of the NRCS, Duncan Mutengwe, said the move was in the public interest to ensure the product does not pose... |
Saint-Gobain signs power agreement in South Africa12 December 2023, Published under Cement NewsSaint-Gobain has signed a renewable electricity supply agreement (power purchase agreement or PPA) with CVE, an independent French renewable energy producer, to secure about 140GWh of solar electricity in South Africa, over a 20-year period. This PPA is expected to cover around 40 per cent of the electrical needs of Saint-Gobain’s four major industrial sites in the country, producing gypsum and mortars. The sites are located in Brakpan, Alrode and Germiston in the Gauteng region, as wel... |
Sanghi Industries announces changes at the top11 December 2023, Published under Cement NewsIndia-based Sanghi Industries Ltd has announced a number of resignations from its board of directors. Ravi Sanghi tendered his resignation as chairman and managing director, with effect from 7 December 2023. Also resigning from the company are executive directors, Aditya Sanghi, Alok Sanghi, Bina Mahesh Engineer, Nirubha Balubha Gohil, along with the following independent directors: Sundaram Balasubramanian, Raina Dilip Desai, Arvind Motilal Agarwal and Gurudeo Yadwadkar. With effect from t... |
Shree Cement makes move into mining sector08 December 2023, Published under Cement NewsShree Cement is reportedly planning to bid for lithium mining rights in Jammu and Kashmir, as part of the company’s venture into the mining sector. According to Reuters, an estimated 5.8Mt of deposits were found in February this year. The cement producer is also believed to be looking at blocks in the eastern state of Chhattisgarh. An Australian-based mining company is advising Shree on the bid. If successful in acquiring the lithium block, Shree Cement plans to set up a US$600-700m re... |
thyssenkrupp to supply new line to GCC Odessa plant07 December 2023, Published under Cement NewsGCC America has commissioned thyssenkrupp Polysius North America to build a 3000tpd clinker production line, which can be expanded to 3500tpd, at its Odessa plant in Texas. The GCC Odessa plant currently supplements its market demand by importing cement from their other plants. With the significant expansion of production capacity in Odessa, coupled with the recent Polysius award increasing production in GCC’s Samalayuca plant, GCC will be well situated to participate in the upcomi... |