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LATEST CEMENT INDUSTRY NEWS
Savannah Cement orders new production line from Sinoma international Engineering
Kenya: Savannah Cement has ordered a new US$300m production line from China-based Sinoma international Engineering for its Kitui plant. The project scope covers supplying an integrated clinker production line from limestone crushing to cement packaging and logistics. The line will have a clinker production capacity of 8000t/day. Commissioning of the new line is scheduled for about two years after the contract takes effect. /Global Cement
UAECEMENT.COM - DEC, 03 ,2022

Malayan Cement increases sales in third quarter of 2022
Malaysia: Malayan Cement recorded sales of US$192m during the third quarter of 2022, more than triple its third-quarter 2021 sales of US$63.6m. The company recorded a US$213,000 profit, compared to a US$5.29m loss in the corresponding quarter of 2021. /Global Cement
UAECEMENT.COM - Nov, 26 ,2022

Adocim commissions 45,000t Samsun cement terminal
Türkiye: Adocim says that it has successfully commissioned a new four-silo cement terminal at the Port of Samsun, Samsun Province. The producer says that the terminal has a storage capacity of 45,000t. The facility will serve the producer s Portland limestone cement (PLC) export operations to countries including the US.Parent company Titan Cement Group said "This new investment will enable us to further increase our sales of lower carbon cement, contributing to our group s Net Zero goal towards a greener and more sustainable future."
UAECEMENT.COM - Nov, 24 ,2022

Safi Çimento acquires Sancim Bilecik Çimento from Aşkale Group
Türkiye: Safi Holding subsidiary Safi Çimento has acquired former Aşkale Group subsidiary Sancim Bilecik Çimento. The TR Monitor newspaper has reported that Sancim Bilecik Çimento s Bilecik plant commands 1.2Mt/yr-worth of integrated cement capacity, with an additional 300,000t/yr in grinding capacity. It serves the Central Anatolia, North Aegean and South Marmara markets, as well as export markets. Safi Holding indicated that export sales and marketing operations will continue at its newly acquired subsidiary. /Global Cement
UAECEMENT.COM - Nov, 22 ,2022

Star Cement s first-half income rises as earnings drop so far in 2023 financial year
India: Star Cement generated US$156m in total income during the first half of the 2023 financial year, up by 36% year-on-year from US$114m during the first half of the 2022 financial year. The producer s net profit dropped by 16% year-on-year to US$8m from US$9.51m. /Global Cement
UAECEMENT.COM - Nov, 16 ,2022

Yanbu Cement participates in largest ever Saudi Arabian carbon credit sale
Saudi Arabia: Yanbu Cement was among successful bidders in Saudi Arabia s largest carbon credit auction to date earlier in November 2022. The Saudi Public Investment Fund (PIF) s Voluntary Carbon Market Initiative Auction sold 1.4Mt-worth of carbon credits to 15 different entities, of which Yanbu Cement was the only cement sector representative. The PIF said that the sale will support the country s Saudi Vision 2030 development goal, while also advancing its progress towards net zero CO2 emissions by 2060. /Global Cement
UAECEMENT.COM - Nov, 15 ,2022

East African Portland Cement launches sustainable cement product
Kenya: East African Portland Cement (EAPCC) has launched a sustainable cement product called Green Triangle Cement. Trade and Investments Cabinet Secretary Moses Kuria attended the official launch for the product, according to the Business daily newspaper. The product is a new masonry cement suited for mortar works. It is produced using less clinker. It is certified under the 22.5 standard via the Kenya Bureau of Standards but the company says it has been ‘boosted’ to 28 strength for a wider range of applications. The EAPCC is currently aiming to increase its range of cements to five brands. /Global Cement
UAECEMENT.COM - Nov, 13 ,2022

Emirati government signs four alternative fuel agreements with cement producers
UAE: The Ministry of Climate Change and Environment (MOCCAE) and Emirates RDF have signed four memoranda of understanding (MOU) with Fujairah Cement Industries, JSW Cement, Lafarge Emirates and Star Cement to use alternative fuels produced by the Emirates RDF in the Umm Al Quwain Emirate in their manufacturing operations. Emirates RDF’s plant treats and transforms municipal solid waste (MSW) from Umm Al Quwain and the emirate of Ajman into refuse derived fuel (RDF). The ministry said in a statement that MOUs are part of its support for integrated waste management projects that treat waste and transform it into economic resources in line with the Ministerial Decree No. 98 of 2019 on using RDF in cement factories. Cement plants in the UAE will be encouraged to meet 10% percent of their total thermal energy needs using RDF. Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment, said, “The participation of the private sector is a main pillar of the UAE’s green economy transition and the adoption of circular economy methods, the foremost of which is integrated waste management. The signing of the agreements with a group of leading cement factories in the country to partially use alternative fuel in their operations is a high-impact step within our efforts to implement integrated waste management and reduce harmful emissions.” /Global Cement
- Nov, 09 ,2022

JK Cement inaugurates Hamirpur grinding plant
India: JK Cement has successfully inaugurated its new 2Mt/yr Hamirpur grinding plant in Uttar Pradesh s Kanpur District. The Indian Express newspaper has reported that the facility will produce grey cement. Managing director Raghavpat Singhania said "The Hamirpur plant is a significant milestone. The commissioning of this plant has enabled a new growth engine for our grey cement business." /Global Cement
UAECEMENT.COM - Nov, 01 ,2022

BBMG Corporation issues US$276m in bonds
China: BBMG Corporation has issued US$276m in short-term commercial paper on the international bond market. The bonds have a maturity date of 24 March 2023. Bank of Beijing is the main underwriter of the offering. China Knowledge Press News has reported that BBMG Corporation has a one-year outstanding balance of US$2.53bn and a total outstanding balance of US$6.39bn. /Global Cement
UAECEMENT.COM - OCT, 29 ,2022

Deha Tech to commission Tashkent grinding plant in January 2023
Uzbekistan: Turkey-based engineering company Deha Tech says that it is 95% of the way to completion of its construction of a new grinding plant in Tashkent. The supplier says that it expects to commission the new facility in late January 2023. It thanked employees and partners for all of their efforts towards helping it realise the project. Deha Tech secured an engineering, procurement and construction (EPC) contract for the work in 2020. /Global Cement
UAECEMENT.COM - OCT, 25 ,2022

Fecto Cement increases sales to turn a profit in 2022 financial year
Pakistan: Fecto Cement recorded sales of US$30.4m during the 2022 financial year, up by 37% year-on-year from US$22.3m during the 2021 financial year. Throughout the year, the producer s cement volumes fell by 1.9% to 713,000t from 729,000t, while its exports fell by 51% to 26,600t from 54,700t. Its cost of sales increased by 32% year-on-year to US$26.5m from US$20.1m, but this failed to offset sales growth, resulting in a US$1.29m profit for the company, compared to a US$309,000 loss in the 2021 financial year. /Global Cement
UAECEMENT.COM - OCT, 10 ,2022

JSW Cement secures US$48.9m sustainability-linked loan
India: JSW Cement has taken a loan of US$48.9m with which to finance its planned 47% capacity growth to 25Mt/yr from 17Mt/yr. MUFG Bank India provided the loan subject to sustainability-linked criteria. Press Trust of India News has reported that the producer’s subsidiary Shiva Cement is in the process of establishing a US$183m 1.36Mt/yr clinker plant and 1Mt/yr grinding plant in Odisha’s Sundergarh District./Global Cement
UAECEMENT.COM - OCT, 04 ,2022

Ambuja Cements creates non-disposable undertaking on part of ACC stake
India: Ambuja Cements says that it has created a non-disposable undertaking (NDU) on more than half of its 50% stake in fellow Adani Group subsidiary ACC. The Telegraph newspaper has reported that the producer intends to use the NDU as collateral for its loans. /Global Cement
UAECEMENT.COM - OCT, 02 ,2022

Nuh Çimento to expand waste heat recovery unit at Hereke cement plant
Turkey: Nuh Çimento has applied for environmental clearance for the expansion of a waste heat recovery (WHR) unit at its Hereke cement plant in Marmara. En Kocaeli News has reported that the company seeks to expand the plant’s power capacity by 66% to 29.6MW from 17.7MW. The company estimates that the project will cost US$4.38m. Its construction will employ 50 people. /Global Cement
UAECEMENT.COM - SEP, 20 ,2022


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