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LATEST CEMENT INDUSTRY NEWS
Anhui Conch starts building 2.5Mt/yr cement plant in Uzbekistan
Uzbekistan: China-based Anhui Conch has started building a 2.5Mt/yr cement plant in Akhangaran district in Tashkent. It will invest US$200m in the upcoming plant, of which it has already spent US$16.7m on imported equipment, according to the Podrobno news agency. The plant will occupy a 183ha site./Global Cement
UAECEMENT.COM - Dec, 04,2021

Diamond Cement Group to acquire HeidelbergCement s Sierra Leone Cement Corporation stake
Sierra Leone: HeidelbergCement has agreed to sell its 50 percent stake in Sierra Leone Cement Corporation to Diamond Cement Group. Sierra Leone Cement Corporation s assets consist of the 500,000t/yr Freetown grinding plant. HeidelbergCement said that its regional activity will now focus on its key markets of Benin, Burkino Faso, the Gambia, Ghana, Liberia and Togo. /Global Cement
UAECEMENT.COM - Dec, 02,2021

FLSmidth powers INDOCEMENT’s move from coal to alternative fuels in Indonesia
As the cement industry transitions away from carbon dioxide-intensive fuels such as coal, the introduction of waste-to-energy solutions is becoming increasingly attractive – environmentally and financially. Particularly in Indonesia, challenges with landfilling and waste management have led the government to encourage the cement industry to be part of the solution. Operating three cement plants with a total capacity of nearly 25 tpy, INDOCEMENT is one of Indonesia’s leading cement producers. At its site on the outskirts of Jakarta, FLSmidth will deliver the new HOTDISC-S, which can turn a wide range of alternative fuels, including municipal waste and biofuels, into a reliable heat source for its SLC Calciner. /World Cement
UAECEMENT.COM - Nov, 29,2021

UltraTech Cement wins Indian Circular Economy Award 2021
India: The Federation of Indian Chambers of Commerce and Industry (FICCI) has awarded UltraTech Cement its Indian Circular Economy Award 2021 in the large enterprise category. The federation said that the award recognises UltraTech Cement s efforts to accelerate the development of a circular economic business model and celebrates its new impactful and innovative practices in 2021. /Global Cement
UAECEMENT.COM - Nov, 27,2021

CNBM International Engineering commissions 2.1Mt/yr cement plant in Indonesia
Indonesia: China-based China National Building Material (CNBM) International Engineering has commissioned a 2.1Mt/yr cement plant at Grobogan, Semarang, in Central Java for GITI Group. The 6000t/day project was ignited and started production in mid-November 2021. Work on the US$350m project originally started in late 2017. GITI Group is a conglomerate based in Singapore principally known for tire manufacture. /Global Cement
UAECEMENT.COM - Nov, 25,2021

Udayapur Cement launches upgrade to plant
Nepal: Udayapur Cement has commenced a US$4.2m upgrade and capacity expansion of its cement plant at Jaljale. The work includes replacing the shell of its 20m rotary kiln by the end of February 2021 and installing a reinforcement suspension preheater system, according to the Kathmandu Post newspaper. It will expand the plant’s capacity by 38% to 0.4Mt/yr from 0.29t/yr. The plant s current equipment dates to 1988. Company spokesperson Laxman Pokharel said "Since the machines are old, we face frequent problems." He added that this has led to increased costs. The Nepal government has agreed to loan Udayapur Cement US$34.4m, 80% of the project s budget. /Global cement
UAECEMENT.COM - Nov, 22,2021

JK Cement increases sales as profit falls in second quarter of 2022 financial year
India: JK Cement’s second-quarter sales were US$247m in the 2022 financial year, up by 18% year-on-year from US$209m in the second quarter of 2021. Its profit fell by 24% to US$22.7m from US$30.1m. During the quarter, the company reported a rise in operating expenses of 32% to US$203m from US$153m./Global Cement
UAECEMENT.COM - Nov, 17,2021

Cementir Holding increases sales and earnings so far in 2021
Italy: During the first nine months of 2021, Cementir Holding recorded consolidated sales of Euro1.01bn, up by 12% year-on-year from Euro897m in the corresponding period of 2020. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 21% to Euro215m from Euro178m. Its net debt on 30 September 2021 was Euro100m, less than half that on 30 September 2020. Its third-quarter cement and clinker sales were 2.9Mt, down by 7.5% year-on-year. This was due to the impacts of pent-up demand post-Covid-19 lockdown, especially in Belgium and Turkey, in the third quarter of 2020. Dow Jones Global News has reported that chair and CEO Francesco Caltagirone said "In the first nine months of 2021, the group reported results in line with our expectations.” /Global Cement
UAECEMENT.COM - Nov, 15,2021

Dalmia Cement commits to 100% low carbon cement production 2031
India: Dalmia Cement plans for 100% of its cement to be low carbon by 2031. The company has a US$405m carbon capture and utilisation (CCU) investment plan to help it to realise its goal. It will also undertake carbon offsetting measures. Business Line News has reported that the company plans to spend US$1.35bn to increase its installed cement capacity by 52% to 50Mt/yr from 33Mt/yr before the 2024 financial year. /Global Cement
UAECEMENT.COM - Nov, 10,2021

Najran Cement increases sales and profit in first nine months of 2021
Saudi Arabia: Najran Cement’s sales in the nine-month period which ended on 30 September 2021 were US$117m, up by 1.2% year-on-year from US$116m in the corresponding period of 2020. The company increased its nine-month net profit by 7.5% to US$34.5m from US$32.1m. It said that its cost of sales per tonne and finance expenses both declined. /Global Cement
UAECEMENT.COM - Nov, 03,2021

Kavkazcement to upgrade Kavkaz cement plant in 2021 - 2022 shutdown
Russia: Kavkazcement has announced that it will use its Kavkaz cement plant s annual shutdown in the winter of 2021 - 2022 to upgrade the plant s raw materials mills and kiln lines. The Eurocement subsidiary plans to spend US$7.14m on the work, which also includes the replacement of burners in kilns 2 and 4 and the installation of new drying drums, compressors and electrostatic precipitators. The upgrade will increase the 3Mt/yr plant s cement capacity by 10% and its clinker capacity by 30%. Managing director Vladimir Sokoltsov said that the upgrade focused on minimising the plant s environmental impacts. Sokoltsov said “We will prepare the plant for the high construction season in April 2022. Our products are used in the construction of the largest industrial, transport and municipalinfrastructure in southern Russia." He continued "We understand that the quality of life of a large number of people depends on the pace of our work.” /Global Cement
UAECEMENT.COM - Oct, 28,2021

Qizilqum Cement s sales fall in first nine months of 2021
Uzbekistan: Qizilqum Cement’s nine-month sales fell by 11% year-on-year in 2021. A 4.4% decline in cost of goods sold failed to create earnings before interest (EBIT) growth during the period. The company recorded a 36% fall in EBIT. Bluestone Investment Bank recorded 4.5% year-on-year growth in Uzbekistan’s volume of construction during the first nine months of 2021. In the first eight months of the year, its cement companies produced 8Mt of cement, up by 18% year-on-year. Cement imports rose slightly to 0.56Mt. /Global Cement
UAECEMENT.COM - Oct, 25,2021

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


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