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LATEST CEMENT INDUSTRY NEWS
Big Boss Cement suspends operations until 2022
Philippines: Big Boss Cement has reportedly suspended business operations until 2022. An unnamed source at the company quoted by the Philippine Daily Inquirer newspaper said that the company is ‘rehabilitating’ its facilities. It added that the company is using a lull in business to make changes. The company was set up by SM Group heir Henry Sy Jr in 2018. It opened a grinding plant at Porac in Pampanga, Luzon in 2018 and commissioned a third mill at the site in late 2020. Notably the unit manufactures its own secondary cementitious material, which it calls Granulated Activated Sand by Heating, as well as importing clinker and other raw materials. /Global Cement
UAECEMENT.COM - Oct, 21,2021

UltraTech Cement to increase sales and profit in second quarter of 2022 financial year
India: Ratings agency Emkay Global has forecast an 11% year-on-year rise in UltraTech Cement’s second-quarter sales in the 2022 financial year to US$1.5bn from US$1.36bn. It expects the producer’s cement sales to rise by 6% in the period to 20.4Mt, and its net profit to grow by 6.4% to US$174m from US$163m.The Economic Times newspaper has reported that Emkay Global predicted that UltraTech Cement’s costs will rise by 7% and that its earnings before interest, taxation, depreciation and amortisation per tonne of cement will fall by 5% year-on-year./Global Cement
UAECEMENT.COM - Oct, 19,2021

Ambuja Cements Limited develops Science Based Targets in line with its Net Zero emission ambition
Ambuja Cements Limited following the lead of the Holcim group has developed and got validated its 2030 carbon emission reduction targets by the Science Based Targets initiative (SBTi) aligned with the reductions required to limit global warming to well below 2°C. The company has signed the “Business Ambition for 1.5°C” pledge joining the Race to Zero campaign of the United Nations Framework Convention on Climate Change. Ambuja Cement commits to reduce Scope 1 and Scope 2 GHG emissions by 21% per ton of cementitious materials by 2030 from a 2020 base year. With this target, Ambuja Cement commits to reduce scope 1 GHG emissions by 20% per ton of cementitious material and scope 2 GHG emissions by 43% per ton of cementitious materials in this timeframe. “At Ambuja Cement, we are constantly dedicated and invested towards sustainable development and aim to include sustainability in all operational and project planning. With SBTs developed and validated, Ambuja Cement has now joined the group of global companies promoting an ambitious low carbon economy model for the industry. Being part of the Holcim group and one of the pioneers in the Indian Cement industry, we have taken another step towards strengthening our Climate Change adaptability by joining the Race to Zero. Ambuja Cement will continue to implement such best practices and adopt continuous improvement initiatives to achieve our business vision “To be most competitive and sustainable company in our industry”, said Neeraj Akhoury, MD & CEO, Ambuja Cements Limited and CEO India, Holcim. /World Cement
UAECEMENT.COM - Oct, 14,2021

Waste incinerator to supply ash for precast concrete production study
Germany: Scientists at the University of Kassel in Hessen have launched a study into the use of ash from waste incinerators in precast concrete production. The Hessische Allgemeine newspaper has reported that a waste-to-energy plant in Kassel will provide the ash for concrete production in partnership with local companies Kimm Baustoffe and Gebäudeke Baustoff-Recycling. The study aims to produce pre-cast concrete elements containing at least 30% ash, beginning with paving slabs and noise barriers. Project leader David Laner said that ash has the potential to help lower concrete’s carbon footprint. He said “So far, it has been put to lesser-value uses; we make a product out of it - upcycling instead of downcycling.” /Global Cement
UAECEMENT.COM - Oct, 12,2021

Tangshan Jidong Cement to issue US$155m-worth of bonds
China: Tangshan Jidong Cement has announced plans to issue a tranche of bonds with a total value of not more than US$155m. Reuters News has reported that the issuance is the second by the company. /Global Cement
UAECEMENT.COM - Oct, 09,2021

Cement Corporation of India fails in bid to reopen Adilabad cement plant
India: The Telangana government says that it has failed to persuade the Indian government to reopen the mothballed Cement Corporation of India Adilabad cement plant. The Press Trust of India newspaper has reported that this is despite an offer by the state’s government to contribute to costs. IT and Industries Minister Ramon Rao said that the Telangana government aims to create 50,000 new jobs and claimed that the state is the fourth largest contributor to India’s economy. /Global Cement
UAECEMENT.COM - Sep, 29,2021

Raysut Cement to launch Duqm grinding plant in late 2021
Oman: Raysut Cement has said that it will commission its upcoming 1Mt/yr Duqm plant, the country’s first clinker grinding plant, in late 2021. The cost of the project is US$30m. The company’s global capacity target is 10Mt/yr by 2022 and 22Mt/yr ‘in the near future.’ It operates the 3Mt/yr Salalah cement plant in Oman and holds minority stakes in three East African grinding plants. Support services and business development chief Yousef Ahmed Alawi Alibrahim said “This has been a challenging year for manufacturing industries in general, but RCC has been able to negotiate the hurdles with effective planning focusing on health and safety.” /Global Cement
UAECEMENT.COM - Sep, 26,2021

Saoura Ciment launches sulphate-resistant cement production
Algeria: Saoura Ciment has begun sulphate-resistant cement production at its Saoura cement plant near Béchar. The Groupe des Ciments d Algérie (GICA) subsidiary made the move as part of efforts to diversify its production. It plans to supply the product to public works projects in the region, where its resistance to high soil salinity will prove useful. The cement will be available from all four of the plant s commercial outlets in and around Bechér. In August 2021, Saoura Ciment produced 180,000t of cement. It exported 25,000t to Mali, Mauritania and Niger during the month. /Global Cement
UAECEMENT.COM - Sep, 17,2021

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


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