Cement News tagged under: corporate
CEMEX leads the way in environmental impact information21 September 2023, Published under Cement NewsCEMEX is the first company in its industry to provide environmental impact information, including CO 2 emissions, for its core products in all of the main markets in which it participates around the world. This disclosure is customised by location and is critical for architects, engineers, contractors, and customers looking to develop more sustainable construction. Depending on the market’s customary practices, this is addressed either through Environmental Product Declarations (EPDs... |
FLSmidth signs partnership with FCT ACTech21 September 2023, Published under Cement NewsCement plants have a new solution for online analysis of raw materials thanks to a recent partnership signed between FLSmidth and FCT ACTech. Under the agreement, FLSmidth will incorporate FCT ACTech’s advanced XRF and XRD analysers in its new QCX® CUBE solutions. Quality control in the cement production process is a critical issue and one of growing complexity due to the increasing use of alternative fuels and new supplementary cementitious materials (SCMs). These introduce variabilit... |
Management changes at Vulcan Materials21 September 2023, Published under Cement NewsTom Baker, previously Vulcan Material’s chief operating officer, has been appointed to the position of president, effective immediately. In this role, Mr Baker will continue to lead enterprise-wide strategic initiatives and support and advise the company's senior leadership team, reporting to Tom Hill, chairman and CEO. “Tom has a deep understanding of the construction materials industry. Vulcan—and particularly our talented management team—will continue to benefit from his valuable ex... |
JK Lakshmi Cement to buy Amplus Helios solar stake20 September 2023, Published under Cement NewsIndia-based JK Lakshmi Cement Ltd , part of JK Organisation, has announced it will acquire a 20.80 per cent stake in Amplus Helios Pvt Ltd, a special purpose vehicle to set up a 50MWAC solar power plant in Chhattisgarh, India. The stake will be bought for INR21.6m (US$0.25m). The acquisition will enable JK Lakshmi Cement to secure the source of 40MWAC solar power for its Durg plant. |
Capsol Technologies wins two EU feasibility studies19 September 2023, Published under Cement NewsNorway-based carbon capture technology provider, Capsol Technologies, has been awarded feasibility studies for its CapsolEoP® (end-of-pipe) carbon capture technology at two EU cement plants, with the potential to capture more than 1.5Mta of CO 2 combined. According to the company, the studies will begin in the 3Q23. “We are receiving firm response from the industry – a strong indication that our CapsolEoP provides highly competitive value propositions for cement. CapsolEoP reduces energy... |
Lucky Cement announces three new green power projects19 September 2023, Published under Cement NewsPakistan’s Lucky Cement has announced further investments in green power to help reduce its dependence on imported fuel. According to Business Recorder, the cement producer is launching three new renewable projects with a total power generation capacity of 37.6MW, in addition to the 25MW and 34MW solar power projects recently commissioned at its Karachi and Pezu plants, respectively. The new investments include a 28.8MW captive wind power plant at its Karachi works, a 6.3MW solar powe... |
Sika makes management changes19 September 2023, Published under Cement NewsSika has announced changes to its board of directors and group management ahead of its growth strategy 2028 announcement on 3 October 2023. Thierry F J Vanlancker will be proposed as the company’s new chair of the board of directors at the next annual general meeting in 2024, replacing Paul Hälg who has decided to step down from this position after 12 years. Mr Vanlancker has been a member of the board at Sika since 2019 and held various management positions in the chemical sector. Comment... |
Hoffmann Green reports 252% increase in sales volumes18 September 2023, Published under Cement NewsHoffmann Green Cement Technologies has reported revenue of EUR1.676m in the first half of 2023 (ended 30 June 2023), compared to EUR544,000 in the same period a year earlier. EBITDA over the same timeframe advanced from -EUR3.519m to -EUR3.648m, while the company saw a net loss of -EUR3.606m in the 1H23, versus a net loss of -EUR4.558m in the 1H22. Cement sales volumes over the 1H23 came in at 7338t, up 251.6 per cent YoY, in line with the company’s 2023 target of 24,000t. Historically, ... |
BUA to slash cement prices18 September 2023, Published under Cement NewsBUA Cement has announced plans to lower cement prices from NGN5000-5500/bag (US$6.39-7.02/bag) to NGN3000-3500/bag, according to local press reports. AbdulSamad Rabiu, chairman of the BUA Group, said the move is part of the company’s commitment to help reduce the financial burden on the Nigerian population. With two new lines of 3Mta each due for commissioning by the end of 2023, taking the group’s total cement capacity to 17Mta, the cement producer intends to reduce the price of cement... |
ACC commences production at Ametha plant15 September 2023, Published under Cement NewsACC , part of the Adani Group , has begun clinker production at its new Ametha cement plant in Madhya Pradesh, India, reports Business Line. The integrated works has a 3.3Mta clinker capacity and 1Mta cement capacity. The greenfield project takes ACC’s overall cement production capacity to 37Mta. It also boasts a 16.3MW waste heat recovery system and has the potential to use up to 15 per cent alternative fuels and raw materials. According to Ajay Kapur, CEO of the cement busines... |