Cement News tagged: Corporate
Shree Cement commissions Purulia plant
Shree Cement announced the completion of its INR5.5bn greenfield cement plant in Purulia, Bengal, India. The 3Mta cement plant is its first production facility in Bengal and has started trial production on 30 June 2023. Entirely financed by internal acrruals, the Purulia works will serve the growing cement demand in Bengal and Jharkand markets, according to Neeraj Akhouri, Shree Cement’s M...
CEMEX's Regenera expands Mexican operations
CEMEX ’s circular waste management business, Regenera, is expanding its operations in Mexico with the opening of a new facility in partnership with leading waste collection company PASA. The partnership between Regenera and PASA will support the Mexican city of Puebla’s efforts to become a zero-waste city. Puebla’s solid municipal waste will be sorted at the new joint facility. After sep...
Sika continues Indian expansion
Sika is opening a new plant in Kharagpur, eastern India, as it continues to expand its production capacity in the Indian market. The plant will manufacture mortar products, concrete admixtures, and shotcrete accelerators for customers in the West Bengal region, which has more than 100m inhabitants. Alongside state-of-the-art manufacturing lines, the new factory includes office space, labo...
Material Evolution secures funding to scale up low-carbon cement production
UK-based Material Evolution, an advanced materials company producing low-carbon cement from industrial waste streams, has secured GBP15m (US$18.9m) in funding to scale up production of its low carbon cement, which offers an 85 per cent lower carbon footprint than ordinary Portland cement. The company has developed an innovative, low-energy, low-capex manufacturing process that uses zero ...
Nickel miner FNI to diversify into cement
Philippines-based nickel miner, Global Ferronickel Holdings Inc (FNI), is reportedly looking to expand into the cement industry, adding to its existing nickel and ports businesses. According to Malaya Business Insight, the company is hoping to tap into the significant growth potential of the construction and infrastructure sectors. FNI is also looking to establish a battery-grade nickel plant...
Ramco Cement commissions Line 3 at Raja Nagar
Ramco Cements has commissioned Line 3 at its Ramamasamy Raja Nagar plant in Tamil Nadu, India. This marks the first integrated cement line in the region in the last 15 years, according to Construction Week. Commissioned one month ahead of schedule, the new line’s electricity requirement will be met from Ramco’s own wind farm. Line 3 will not only produce Ramco’s special cement, Ramco 53...
Holcim Philippines to delist from Philippine Stock Exchange
Holcim Philippines is voluntarily delisting from the Philippine Stock Exchange (PSE) after its major shareholder Holderfin BV acquired additional Holcim shares from Sumitomo Osaka Cement. The deal resulted in Holcim’s public float falling to 5.05 per cent, below the required 10 per cent minimum for listed firms. In the deal, which was completed on 29 July, Holderfin purchased 594.9m com...
Birla Corp targets 15% sales volume growth in FY23-24
India’s Birla Corp Ltd (BCL) has forecast sales volume growth of 15 per cent in FY24, on the back of infrastructure investment and ongoing government projects. The company reported 11 per cent growth in sales volumes in FY22-23 to 15.73Mt, reports BusinessLine Online. Further expansion in FY23-24 will be driven by projects, such as the Indian government's affordable housing initiative, Pr...
Ambuja Cement reports revenue of US$4746m
Ambuja Cement , part of the Adani Group , has reported revenue from operations of INR389,370m (US$4746m) in FY22-23. EBITDA came in at INR58,600m, with an EBITDA margin of 15 per cent, while profit before tax stood at INR37,290m. The company has changed its financial year end so these latest results cover 1 January 2022 to 31 March 2023, a total of 15 months, so are therefore not comparable ...
Breedon and First Graphene to trial graphene-enhanced cement
Australia-based First Graphene has commenced trials on graphene-enhanced cement and concrete at Breedon ’s Hope cement plant in the UK. Around 2000t of graphene-enhanced cement will be produced at the plant, using First Graphene’s PureGRAPH product. The trial aims to further validate the CO 2 reduction benefits of adding graphene to the cement production process. According to Manufact...
Cahya Mata adds new clinker line
Malaysian cement producer Cahya Mata Sarawak Bhd has been given approval to build a 1.9Mta clinker line in Kuching, Sarawak. The MYR750m (US$160.6m) line will have a production capacity of 6000tpd and is expected to take 36 months to complete, reports The Star. The company currently runs 2.75Mta of cement capacity, sufficient to meet Sarawak’s demand of ~1.5Mta. However, the construction...
ACC reports revenue of US$2706m
Indian cement producer ACC Ltd has reported revenue from operations of INR222,100m (US$2706m) in FY22-23. EBITDA came in at INR22,560m, while profit after tax stood at INR8700m. The company has changed its financial year end so these latest results cover 1 January 2022 to 31 March 2023, a total of 15 months, so are therefore not comparable with the figures for the 12 months ended 31 December...
Concrete Europe welcomes new president
Concrete Europe warmly welcomes Marco Borroni as its new president, who is also the former president of ERMCO (the European Ready Mixed Concrete Organisation). Borroni succeeds Norbert Schröter, who has effectively steered the organisation in the last years. Under Schröter's leadership, Concrete Europe has kept playing an instrumental role in conveying the concrete sector’s pivotal role in ...
Chryso & GCP optimise service and production capacities in North America
Chemical additive producers Chryso & GCP (Saint-Gobain Construction Chemicals) have announced significant projects across North America to optimise services and extend production capabilities to new regions for its customers. To deliver the newly combined product solution portfolio to regions of North America where they are needed the most, the integration of manufacturing both CHRYSO and GCP...
TITAN Group completes Kamari plant modernisation
TITAN Group has announced the successful completion of a EUR26m green investment at the Kamari cement plant in Greece, marking a significant milestone in the group's decarbonisation programme. The investment entailed the installation of state-of-the-art precalciner technology, which is now fully operational at the plant. The integration of the new precalciner technology allows TITAN to ...
Heidelberg Materials opens new rail link in France
Heidelberg Materials , a major player in the use of rail freight in France, is further developing its modal shift by activating a new rail line between its Couvrot plant and its distribution centre in Guerville in Ile-de-France. This new flow began on 1 May 2023 with a rotation of 1220t every week. Over a full year, this will represent 47 trains or 57,340t of cement that will have...