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Orissa state government approves grinding plants projects by My Home Industries and Ramco Cements
India: The state government of Orissa has approved cement grinding plant projects proposed by My Home Industries and Ramco Cements. My Home Industries plans to build a new 3Mt/yr grinding plant at Badchana in Jajpur. The Orissa Diary newspaper has reported the value of the producer’s planned investment as US$89.0m. Ramco Cements has proposed a 0.9Mt/yr at Haridaspur in Jajpur. The unit will cost US$26.0m and employ 60 local people. /Global Cement
UAECEMENT.COM - Sep, 07,2021

Arghakhachi Cement to issue initial public offering
Nepal: Arghakhachi Cement has announced that it will issue general shares in an initial public offering (IPO) in the 2023 financial year. The exact date of the IPO is to be released later, according to the Republica newspaper. Separately, the cement producer has received certification from the Nepal Bureau of Standards and Metrology to produce 43 grade Ordinary Portland Cement. /Global Cement
UAECEMENT.COM - Sep, 05,2021

Uzbek government reduces taxes for cement companies
Uzbekistan: The government has reduced cement producers income tax rate to 15% from 1 October 2021. The Uzbekistan Daily newspaper has reported that producers previously paid 20%.The government also halved the tax on limestone to US$2.11/t from US$4.22/t. /Global Cement
UAECEMENT.COM - Sep, 02,2021

Lafarge Africa tops Nigerian gender diversity index
Nigeria: Lafarge Africa has ranked first on PWR Advisory s Nigerian Exchange Top 20 companies for gender diversity. 46% of the group s board seats are female-occupied, up from 40% in 2020. Chair Adebode Adefioye said “Lafarge Africa s commitment to female representation at the board and management rank and file level is unwavering. Our diversity and inclusion targets, which align with our sustainability strategy, set us apart and are a clear indication of our resolve to continue on this trajectory for more extraordinary outcomes. We remain resolutely committed.” /Global Cement
UAECEMENT.COM - Aug,25,2021

Egyptian investor takes legal action against Algerian authorities over two cement plant projects
Algeria: An Egypt-based investment company has initiated legal action against Algeria over issues relating to two cement plant projects. The Global Arbitration Review newspaper has reported that the company is seeking to claim US$900m in damages. /global cement
UAECEMENT.COM - Aug,25,2021

Federal support programme for CO2-free manufacturing
Germany: A pilot program of climate protection agreements has been launched to help German companies convert to CO2-free production, starting in 2022. The Federal government declared that Euro900m would be available in the first instance. This is intended to assist companies in hard-to-abate sectors, with the government assuming that more than 50 companies in the cement, steel, lime and ammonia industries will be eligible to apply for climate protection agreements. These will off-set the difference between the additional costs resulting from the CO2-neutral operation of a company and the CO2 price in the EU Emissions Trading Scheme (ETS). The terms of the contract will likely run for 10 years, to provide the companies with sufficient time to adjust to considerably higher CO2 abatement costs in the future. In addition to the funding of investment costs in EU-wide hydrogen infrastructure projects, the federal government sees the industry decarbonisation programme as an essential transformation instrument for energy-intensive industry in order to achieve the goal of greenhouse gas neutrality by 2045. /Global Cement
UAECEMENT.COM - Aug,21,2021

FLSmidth to supply new grinding mill to Sebryakovcement
Russia: Denmark-based FLSmidth has won a contract with Sebryakovcement for the supply of a grinding mill for its Sebrakovsky cement plant in Volgograd Oblast. The mill will have a capacity of 175t/hr. The supplier plans to commission the mill in 2023. /Global Cement
UAECEMENT.COM - Aug,14,2021

Belarusian cement exports increase in first half of 2021
Belarus: The Belarus Architecture and Construction Ministry recorded a 25% year-on-year increase in Belarus’ first-half cement exports in 2021. Business World Magazine News has reported that the value of cement exports in the period rose by 38%. The ministry said that challenges included the on-going coronavirus pandemic and restrictions, bad winter weather and anti-dumping measures in neighbouring Ukraine. The state is working to enhance Belarusian cement producers’ presence across Eurasian Economic Union (EAEU) markets. This includes the establishment of a trading house with Kazakhstan to double the export of building materials to that country. /Global Cement
UAECEMENT.COM - Aug,12,2021

Saudi Cement’s sales rise as profit drops in first half of 2021
Saudi Arabia: Saudi Cement’s consolidated sales totalled US$207m in the first half of 2021, up by 3.9% year-on-year from US$199m in the first half of 2020. Its net profit for the period took an 8.2% drop to US$54.9m from US$59.8m. /Global cement
UAECEMENT.COM - Aug,10,2021

Minister lobbies Indian government to reopen Cement Corporation of India plant in Adilabad
India: KT Rama Rao, the Industries and IT Minister, has lobbied the central government to help reopen the Cement Corporation of India (CCI) plant at Adilabad in Telangana. In a letter sent to Mahendra Nath Pandey, the Minister of Heavy Industries, Rao noted that several previous attempts had been made to reopen the unit, according to the Hindu newspaper. He added that the plant continues to hold a mining lease for 48Mt of limestone locally, has a dedicated electricity supply and has water resources. The 4Mt/yr integrated plant was originally built in 1984. Operations stopped in 1996 due to a lack of funds and the site was formerly closed in 2008. /Global Cement
UAECEMENT.COM - Aug,07,2021

Turkey leads Cementir’s performance in first half of 2021
Italy: Cementir s revenue rose by 16.5% year-on-year to Euro665m in the first half of 2021 from Euro570m in the same period in 2020. Its cement and ready-mixed concrete sales volumes grew by 18.7% to 5.46Mt and 31.4% to 2.52Mm3 respectively. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 36.6% to Euro134m from Euro 97.8m. The cement producer noted strong cement sales volumes performance in Turkey, Belgium and Denmark and good concrete sales volumes also in Turkey. “Despite the first half 2020 [when] results were affected by the lockdown due to Covid-19, during 2021 all the markets in which we operate are showing signs of vivacity and in particular Turkey is recovering significantly," said chairman and chief executive officer Francesco Caltagirone Jr. /Global Cement
UAECEMENT.COM - Aug,04,2021

Ghacem to spend US$100m on new cement grinding plant at Kumasi
Ghana: Ghacem plans to spend US$100m on building a new cement plant at Kumasi in the Ashanti Region. The new 1.5Mt/yr unit at Kumasi is intended to serve central and northern regions of the country, according to the Daily Graphic newspaper. The plant will use calcined clay as an additive. Construction is expected to take 18 months with commissioning planned for the first quarter of 2023. The subsidiary of Germany-based HeidelbergCement is also planning upgrades to its grinding plants at Tema and Takoradi. The work at the Tema will include the addition of a new grinding and packing plant and an upgrade of existing equipment. It is expected to be completed by the end of 2021. Work at Takoradi will then follow afterwards. /Global Cement
UAECEMENT.COM - Aug,01,2021

Shree Cement ready to build new grinding plant in Bengal
India: Shree Cement is ready to start building a 3Mt/yr grinding plant at Purulia in Bengal. The project has an investment of around US$80m, according to the Times of India newspaper. The cement producer has already purchased the land for the unit and intends to start work on building it from August 2021. It will be the company’s first production plant in the state. /Global Cement
UAECEMENT.COM - Aug,01,2021

Bestway Cement commissions 14.3MW solar plant at Farooqia plant
Pakistan: Bestway Cement and Reon Energy have commissioned a 14.3MW captive solar power unit at the former’s integrated cement plant at Farooqia, Khyber Pakhtunkhwa. The unit is part of a 50MW project deal that is planned to install solar units at the cement producer’s plant at Farooqia, Chakwal, Kallar Kahar and Hattar, according to the Pakistan Observer newspaper. Energy generated at the new solar plant at Farooqia is expected to reduce energy costs and reduce reliance on the national electricity grid. /Global Cement
UAECEMENT.COM - Jul,01,2021

Kuwait Ministry of Commerce and Industry bans cement exports
Kuwait: The Ministry of Commerce and Industry has banned all export and re-export of cement and other construction materials from Kuwait. However, it has allowed individual citizens to import construction materials for personal use. The ban is part of a raft of a measures intended to stem the increase in building material prices. The Kuwait News Agency has reported that cement prices rose after the resurgence of the coronavirus outbreak in India suspended Indian imports. The ministry subsidises building materials including cement and concrete. In May 2021 it paid US$45m towards such subsidies. It continues to monitor the cement market and cement production for unlawful price rises. Kuwait s cement production capacity is 9.0Mt/yr, while 2020 consumption was 6.0Mt. /Global Cement
UAECEMENT.COM - Jun,24,2021

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