Cement News tagged under: Asia
Votorantim Cimentos records sales volume growth of 31% in 2Q2111 August 2021, Published under Cement NewsVotorantim Cimentos’ sales volume rose to 9.8Mt in 2Q21 compared to 7.5Mt in 2Q20, a growth of 31 per cent. Strong sales were recorded on all countries of the company’s operations as a result of COVID-19 vaccinations and improving market dynamics in all regions. Osvaldo Ayres, Votorantim Cimentos’ chief financial officer, said: "The company's consolidated net revenue improved by 50 per cent, when compared to 2Q20, reaching BRL5809m (US$1107.1m) in 2Q21 mainly relating to higher volumes a... |
Vortex Asia-Pacific reopens Shanghai office03 August 2021, Published under Cement NewsAs COVID-19 restrictions ease, solids and bulk handling components company Vortex Asia-Pacific is pleased to announce it has reopened a physical office in Shanghai, China. The new location is in the heart of downtown Shanghai and will serve Vortex’s customers in China and a variety of countries on the Asian continent. "We are extremely pleased that we can start to move on from the past 18 months and that our Asia-Pacific customers are getting all the support they need from our n... |
LafargeHolcim is moving back towards its roots09 April 2021, Published under Cement NewsLafargeHolcim recently acquired Firestone Building Products as the next move in its restructured building materials portfolio. The US$3.4bn purchase is considered an acquisition to help reduce the company's exposure to emerging markets while bolstering the finishing products arm of its business. Following the drive towards urban markets Leading building material companies have been on a restructuring pathway since the global financial crisis in 2008. The main directive of this trend for... |
HASLE resolves Asian plant’s coating problem with alternative fuels05 February 2021, Published under Cement NewsAn Asian cement plant has achieved a lifetime of 36 months for the inlet chamber and riser duct with HASLE D59A. The 8000tpd cement plant, operating on coal and up to 25 per cent alternative fuel, has achieved an outstanding life of three years in its inlet chamber and riser duct using HASLE D59A. Previously, the cement plant was experiencing severe coating in the inlet chamber and riser duct. HASLE’s D59A castable is highly resistant to coating, thermal shock and abrasion. To achieve the... |
MIIT raises old-capacity elimination levels in China to enable new capacity projects18 December 2020, Published under Cement NewsChina has unveiled stricter draft rules for new cement plants, increasing the amount of old capacity that producers need to retire as they propose new capacity. The tougher regulations intensify a three-year-old programme intended to reduce CO 2 emissions. Under the new rules, cement producers must retire at least 2t of outdated capacity for every tonne of new capacity in areas classified as environmentally sensitive, up from the current 1.5:1 ratio, says the Ministry of Industry and I... |
Balochistan seeks investment in new cement plants15 December 2020, Published under Cement NewsCurrently, DG Khan and Attock Cement are the only cement plants in Hub, Balochistan, but the government of Balochistan is considering inviting foreign and local investors to establish new cement plants in Pakistan’s largest province. The provincial government through the Chief Minister Office, Board of Investment & Trade (BBOIT) is seeking Expressions of Interest (EoI) in the form of Concept Notes or Proposals from interested parties, who wish to venture into the province by investing... |
Hasle Refractories cuts costs for Asian cement plant10 December 2020, Published under Cement NewsAn Asian cement plant has achieved a refractory lifetime of three years in its cooler take off duct using Hasle Refractories' D52A castable refractory lining. The 8000tpd cement plant is fired by coal and up to 25 per cent of alternative fuels. This cement plant started using Hasle D52A for the first time 12 years ago. Over the years, the company has made significant material and labour cost savings as it has not required a new lining during shutdown every year. Moreover, the use of ... |
LafargeHolcim launch water-resistant cement in Bangladesh30 November 2020, Published under Cement NewsLafargeHolcim Bangladesh has launched its Holcim Water project, a customised solution of water-resistant cement for the local cement market. The specially-designed cement reduces capillary action by resisting the permeation of water to make the product damp and seepage resistant. "This product has been developed through continuous consumer engagement, research and understanding of the damaging impact of water on houses," said Rajesh Surana, CEO of LafargeHolcim Bangladesh. |
Cemex sees net sales rise to 3% to US$3.436bn in 3Q2029 October 2020, Published under Cement NewsCemex SAB de CV has announced its 3Q20 results with net sales increasing by three per cent on a like -for-like (LfL) basis to US$3.436bn, while EBITDA rose by 15 per cent to US$728m. Net operating earnings, before other expenses, rose by 20 per cent to US$453m on a LfL basis. Net debt plus perpetual notes fell by US$504m versus the previous quarter. Net sales in Mexico rose by 14 per cent on a LfL basis to US$723m. Operating EBITDA rose 16 per cent to US$246m on a LfL basis, versus... |
A new focus for HeidelbergCement18 September 2020, Published under Cement NewsHeidelbergCement's 2020 Capital Markets Day – 'Beyond 2020' set out many ambitious forward targets for the global building materials company as it looks to strengthen its core portfolio and embrace the megatrends of increasing urbanisation, digitalisation and a shift towards a low-carbon future. In a bold move, it has brought forward some of its key targets for carbon reduction by five years. A simplified organisational structure will also see one global function per board member. 'Beyo... |