Cement News tagged under: Weekly Newsletter
Petrofac wins CO2 capture role at Cauldon Cement plant25 January 2024, Published under Cement NewsPetrofac’s consulting team, based in Woking, UK, is delivering several early engineering scopes, including feasibility and technology selection, that will identify opportunities for capturing CO 2 at the Lafarge Cauldon plant , Stoke-on-Trent, UK. The facility currently emits over 600,000tpa of CO 2 from its operations, through the burning of tyre chips, liquid solvent, solid recovered fuel (SRF), processed sewage pellets (PSP) and coal for fuel. CO 2 captured at the Cauldon facili... |
Uzbek cement output up 3% in 11M2325 January 2024, Published under Cement NewsCement producers in Uzbekistan produced 11.1Mt of cement in the January-November 2023 period, according to the Statistics Agency of Uzbekistan. When compared with the previous year, this represents an increase of 2.5 per cent. Large companies produced 857,500t of cement in November alone. In September 2023 a new 3Mta factory came online in Samarkand. The UZS3.8trn (US$312.6m) project was launched with assistance of CHINA Energy International Group. The plant, which uses coal as fuel, wil... |
Dangote Cement attracts substantial investment24 January 2024, Published under Cement NewsDangote Cement has become the first company to be valued at NGN10trn (US$11.76bn) on the Nigerian stock market. The company’s share price advanced by 9.99 per cent on 22 January 2024 to close at NGN592.60 per share, giving the company a market value of NGN10.1trn. The news follows an NGN6bn investment in Dangote Cement by Femi Otedola, a Lagos-based billionaire. Mr Otedola told Nigerian media that the move was part of his overall strategy to ensure long-term wealth preservation and und... |
Concrete4Change technology gains recognition24 January 2024, Published under Cement NewsUK-based startup Concrete4Change (C4C) has been nominated for The Earthshot Prize 2024, a global initiative spearheaded by the Prince of Wales to recognise and support innovative solutions to reduce global emissions. C4C aims to decarbonise the concrete industry by mineralising CO 2 in concrete, turning concrete into the safest form of CO 2 sink in the world. The technology involves a concrete additive material that acts as a carrier for CO 2 . The carrier is injected with CO 2 capture... |
UltraTech Cement records consolidated net sales of INR164bn22 January 2024, Published under Cement NewsUltraTech Cement Ltd ( Aditya Birla Group ) has released its financial results for the quarter ended 31 December 2023, reporting consolidated net sales of INR164,870m (US$1.983bn) compared with INR152,990m of the corresponding period of the previous year. Profit after tax was INR17770m, the highest-ever quarterly figure as compared to INR10580m in 3QFY22-23. The domestic grey cement sales volume rose five per cent YoY and one per cent QoQ, respectively. Improved operational efficiencies, ... |
Decarbonised Cement and Concrete Alliance to accelerate low-carbon solutions18 January 2024, Published under Cement NewsThe Decarbonised Cement and Concrete Alliance (DC2) is a new US-based coalition dedicated to growing awareness around policies that will accelerate the adoption of novel carbon-reducing solutions in infrastructure. DC2 is formed of 10 companies advancing new technology to reduce emissions in cement and concrete: Biomason, Blue Planet Systems, Brimstone, CarbonBuilt, Chement, Fortera, Minus Materials, Queens Carbon, Sublime Systems, and Terra CO 2 . Member companies are all focussed on del... |
Holcim Algeria exports see 7% uplift in 202317 January 2024, Published under Cement NewsLafarge Algeria ( Holcim ) exported 3.4Mt of cement and clinker in 2023, up seven per cent from 3.2Mt in 2022. The company achieved an export market share of 30 per cent and increased its export turnover by 17 per cent. A total of 40 per cent of exports were shipped as cement, a threefold increase YoY. In 2024 the company expects to increase cement exports to a 60 per cent share of total exports. Holcim Algeria has made significant investments in its export division, including a EUR3.5... |
Rugby Cement hosts UK Minister for energy efficiency17 January 2024, Published under Cement NewsLord Callanan, the UK Minister for Energy Efficiency and Green Finance, visited the Rugby cement works in Warwickshire on the 12 January to gain an insight into the actions needed to decarbonise the UK’s ‘dispersed’ cement plants. The Mineral Products Association (MPA) and CEMEX Rugby cement works , hosted the visit to highlight the challenges and opportunities for decarbonising dispersed plants like Rugby, which are located too far from other large production plants to be included in ... |
Crown Cement kicks start its sixth unit in Bangladesh16 January 2024, Published under Cement NewsMd Mozharul Islam, senior general manager and company secretary of Crown Cement, has announced that the company was able to finally start commercial production of its sixth unit earlier this month after deferring it several times. The announcement says that commercial production of the sixth unit of Crown Cement PLC, with a production capacity of 8280tpd installed at its factory premises in West Mukterpur, Munshiganj , will commence in January 2024 instead of its previous probable sch... |
Summit completes deal with Argos USA16 January 2024, Published under Cement NewsSummit Materials has successfully completed its US$3.2bn combination with Argos North America Corp, the US operations of Cementos Argos SA . The combined company will be known as Summit Materials with Argos holding around a 31 per cent share. “Today, we are excited to begin a new chapter at Summit Materials,” said Anne Noonan, Summit Materials' president and CEO. “As we transition into the integration phase, I want to start by welcoming our new Argos colleagues into the Summit family.... |