Cement News from International Cement Review


PPC's success in Zimbabwe is contrasted by surrounding regions
Corporate - 29 March 2024

PPC's success in Zimbabwe is contrasted by surrounding regions

South Africa-based cement manufacturer PPC Cement SA (PTY) Ltd  has announced that its operations in Zimbabwe are now debt free, with EBITDA improving 13.6 per cent, for the 10-month period ending January 2024).  However, in contrast, sales volumes for its South Africa and Botswana operations fell by four per cent when compared to the equivalent period in the previous year. A spokesperson ...

International - 28 March 2024

Afghanistan in talks over new cement plant

Turkey-based construction company 77 INSAAT has reportedly expressed an interest in setting up a cement plant in Jawzjan province in the north of Afghanistan, close to the border with Turkmenistan. According to Ariana News, 77 met with Shahabuddin Delawar, the acting minister of mining and petroleum in Afghanistan, to discuss the possibility of a new cement production facility in the Yatim Taq...

Trading - 28 March 2024

Carbon markets tested EUR50 before correcting 20% higher – political uncertainty in EU and US main drivers

By Frank O Brannvoll, Brannvoll ApS, Denmark The EUA December 2025 contract prices fell briefly to EUR50 levels not seen since the COVID-19 pandemic and sent shivers through many green projects that depend on relatively high carbon prices. The fear of a European Parliament that after the election would downgrade the green transition to a lower priority, in combination with the US Republica...

Freight Markets - 25 March 2024

USG Supramax rates seeing end-of-month decrease

By Brannvoll ApS, Denmark It was a positive start to the month for Supramax shipowners in the USG region. The rates were increasing on fronthaul routes on the back of the tight tonnage supply for prompt dates in the area. Meanwhile, the transatlantic segment looked quiet, and rates were flat. In the middle of the month, the market started being in stand-off. Quite a few fresh cargoes were a...

Corporate - 29 March 2024

UltraTech Cement raises capacity with debottlenecking programme

During the course of its capacity expansion programme, the UltraTech Cement  ( Aditya Birla Group ) had identified opportunities for debottlenecking and efficiency improvements across various locations, including its wholly-owned subsidiary. Some of these upgrades have since been completed, resulting in additional production capacity of 2.4Mta.  The increases in capacity were at the company'...

Environmental - 29 March 2024

Titan has released its Integrated Annual Report 2023

Titan has released its integrated annual report 2023 (IAR), which outlines the group’s financial, as well as environmental, social, and governance (ESG) performance. 2023 was a year of record-breaking performance, increased shareholder returns and long-term stakeholder value creation, in line with its Green Growth Strategy 2026. These accomplishments underscore TITAN's commitment to sustaina...

Recent Orders - 28 March 2024

MDG Americas supplies material handling and storage

Titan Cement , located in Medley, Florida , has initiated a project to add limestone to its existing cement production circuit. The project was designed by MDG Americas Inc and is in operation with three front end loader feed hoppers, three apron feeders, and three TRX surface feeders.  MDG Americas is also working with CEMEX to improve its coal/petcoke grinding plant process at one of ...