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LATEST CEMENT INDUSTRY NEWS
Gujarat Sidhee Cement stops kiln due to high clinker inventory
India: Gujarat Sidhee Cement has stopped its kiln for a temporary period of 15 – 20 days due to high clinker inventory levels. Cement grinding and despatch will continue unabated. The cement producer operates an integrated plant at Sidheegram in Gujarat. /Global Cement
UAECEMENT.COM - Jun,25 ,2022

DG Khan Cement ships 50,000t of cement to the US
Pakistan: DG Khan Cement has despatched a shipment of 50,000t of cement for Houston, US, from Karachi. The Balochistan Times newspaper has reported that the shipment is the first of 12 consignments of the same size under an order for 600,000t of low-alkali cement. If successful, the order may double to 1.2Mt. The producer is using jumbo bags to transport the product on its 42-day journey overseas. Marketing director Fareed Afzal said that Pakistani businesses need to diversify their export markets and strengthen foreign currency reserves. He added that DG Khan Cement continues to reduce its products carbon footprints by using renewable energy, waste heat recovery (WHR) and alternate fuels (AF). /Global Cement
UAECEMENT.COM - Jun,21 ,2022

BUA Cement helps communities in Sokoto state
Nigeria: BUA Cement has donated a solar motorised borehole and medicines worth US$59,600 to eight host communities in Wamakko, Sokoto State. The company says that the efforts are aimed at alleviating the effects of local water scarcity and medicinal supply issues. /Global Cement
UAECEMENT.COM - Jun,13 ,2022

Taiheiyo Cement to introduce coal surcharge in September 2022
Japan: Taiheiyo Cement plans to introduce a coal surcharge for its cementitious products in September 2022 due to rising energy prices. It will use a surcharge system linked to the price of coal for one year until the end of August 2023. The first surcharge will be determined based on the price of coal in June 2022 and then disclosed in mid-August 2022. It will be revised every two months. The surcharge will be charged separately from the product price.The cement company said that, “Although we are trying to further reduce costs, it is not possible to absorb the unprecedented rise in costs only by corporate efforts.”/Global Cement
UAECEMENT.COM - Jun,13 ,2022

Whale Rock Cement cleared to resume operations
Namibia: The Namibian government has granted Whale Rock Cement permission to resume production of its Cheetah brand cement at its Otjiwarongo grinding plant. Authorities suspended operations at the plant on 10 May 2022.Labour Ministry acting executive director Lydia Indombo cited multiple contraventions of occupational safety regulations, including failure to issue personal protective equipment (PPE), failure to maintain good housekeeping, lack of sanitary conveniences and lack of first aid equipment, as the cause of the suspension. Indombo said "The ministry conducted verification inspections on 16 and 20 May 2022 to evaluate the compliance on the identified shortfalls and is satisfied with the level of compliance." She added that the ministry had recommended the resumption of production activities. /Global Cement
UAECEMENT.COM - Jun,02 ,2022


Saudi Arabia: Southern Province Cement has completed technical studies and commenced construction of a new 5000t/day line at its Jazan cement plant. The company will also build the infrastructure for another 5000t/day line at the site. Reuters new has reported that, together, the lines will replace the plant’s existing production lines. /Global Cement
UAECEMENT.COM - May,31 ,2022

Ramco Cements increases profit as earnings drop in 2022 financial year
India: Ramco Cements earnings before interest, taxation, depreciation and amortisation (EBITDA) in the 2022 financial year were US$169m, down by 17% year-on-year from US$204m in the 2021 financial year. The producer s profit after tax also rose by 17%, to US$115m from US$98m. The Hindu Business Line newspaper has reported that the company attributed its full-year earnings decline to increased fuel costs and reduced cement prices. In the fourth quarter of the 2022 financial year, power and fuel costs rose by 88% year-on-year to US$60.1m from US$31.9m.
UAECEMENT.COM - May,25 ,2022

Vietnamese cement capacity to rise by 8% in 2022
Vietnam: Three new integrated cement lines are expected to raise Vietnam s total installed cement capacity by 8% to 115.4Mt/yr in 2022, from 106.6Mt/yr at the beginning of the year. VNDirect Securities has calculated that the upcoming lines – Dai Duong 1, Long Thanh and Xuan Thanh 3 – have a total capacity of 8.8Mt/yr. They are situated in Northern Vietnam’s Ha Nam Province and Central Vietnam’s Thanh Hoa Province, both of which already have cement overcapacity. Viet Nam News has reported that Vietnam exported 4.31Mt of cement and clinker in April 2022, down by 7.6% month-on-month. The products’ total value was US$171m, down by 2.9% month-on-month. /Global Cement
UAECEMENT.COM - May,21 ,2022

UltraTech Cement commissions Hirmi cement plant’s Clinker Line 2
India: UltraTech Cement has successfully commissioned a second clinker line with a capacity of 2.7Mt/yr at its Hirmi cement plant in Chhattisgarh. The company says that it is on track to also commission a new 1.3Mt/yr grinding unit at the plant in mid-2022. /Global Cement
UAECEMENT.COM - May,18 ,2022

CEMEX ramps up investment in carbon capture technology
CEMEX has announced that CEMEX Ventures, its corporate venture capital and open innovation unit, is increasing its investment in Carbon Clean. CEMEX Ventures has been an early-stage investor in Carbon Clean and used the opportunity of the latest Series C funding round to further increase its investment. This investment is part of CEMEX s strategy to develop breakthrough decarbonisation technology to achieve its ambitious climate action goals under its Future in Action programme. /World Cement
UAECEMENT.COM - May,17 ,2022

Adani Group to acquire Holcim India
India: Holcim has agreed to sell its Indian business to industry, energy and ports conglomerate Adani Group for US$6.37bn. The assets consist of a 63% stake in Ambuja Cement, which in turn owns 50% of ACC, and a 4.5% direct stake in ACC. ACC and Ambuja Cement employ 10,700 people and operate 31 cement plants in India. The deal will make Adani Group India s second-largest cement producer. Chair Gautam Adani said "With Holcim s global leadership in sustainability, we are acquiring some of the most efficient building materials operations in India, powered with clean technologies like heat recovery systems. We recognise that Ambuja and ACC operations are energy intensive and therefore, when combined with our renewable power generation capabilities, we gain a big head start in the decarbonisation journey that is a must for Indian industry." Holcim says that its focus is now on expanding its solutions and products business. Reuters News has reported that the group plans to put the proceeds of the assets sale towards lower-carbon acquisitions. Its Indian operations contributed 26% of group CO2 emissions. CEO Jan Jenisch said "We will always make cement, but we will decarbonise cement.” He added “We are happy to build up other segments like building solutions and products." /Global Cement
UAECEMENT.COM - May,17 ,2022

Holcim considering selling Indian operations
India: Switzerland-based Holcim is reportedly in the early stages of selling its subsidiaries Ambuja Cement and ACC. The company has held discussions with JSW, Adani Group and others, according to sources who have spoken to the Economic Times newspaper. Multinational building material producers have also been approached. Holcim has not commented on what it described as ‘rumours.’ Ambuja Cement and ACC have a combined cement production capacity of 66Mt/yr /Global Cement
UAECEMENT.COM - Apr,19 ,2022

UltraTech Cement declared preferred bidder for limestone block in Karnataka
India: UltraTech Cement says it has been declared as the preferred bidder for a limestone block in an electronic auction conducted by the Karnataka government. The block is situated in Tehsil Chittapur of Kalburgi district in Karnataka next to the company’s integrated Rajashree plant. It has a total cement grade geological resource of 530Mt of limestone over an area of 7.86km2. /Global Cement
UAECEMENT.COM - Apr,13 ,2022

Tanga Cement boosts sales amid profitable full-year 2021
Tanzania: Tanga Cement’s full-year results show a 9% year-on-year rise in sales to US$99.5m in 2021 from US$91.7m in 2020. Its net profit was US$1.5m, as against a US$903,000 loss in 2020. The Kenyan Wall Street newspaper has reported that the company replaced a kiln shell at its Tanga cement plant and outsourced mining operations at its quarry during the year. /Global Cement
UAECEMENT.COM - Apr,10 ,2022

Tanga Cement anticipates return to profitability in 2021
Tanzania: Tanga Cement has advised investors that it expects a ‘significant improvement’ in its results to a profit before tax in 2021, compared to a loss in 2020. The Daily News newspaper has reported that strong sales during the year contributed to the forecast result, along with a drop in finance costs due to a restructuring of debt facilities. Tanga Cement said “The improved performance is a result of Tanga Cement’s initiative to optimise the sales, logistics and distribution, as well as its continued cost optimisation initiative.” It added “The company has been able to achieve this despite the challenging global economic and operating environment conditions.” /Global Cement
UAECEMENT.COM - Apr,04 ,2022


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