Cement News tagged: Corporate
Taiwan Cement completes share agreement for Denizli Çimento
Taiwan Cement Corp has finalised its agreement with OYAK Çimento to acquire a further 20 per cent stake in Denizli Çimento ,Turkey. According to Reuters this will boost Taiwan Cement's share in the company to 60 per cent. The preliminiary Memorandum of Understanding (MoU) regarding the deal was signed in November this year. Reuters has assigned Denizli Çimento a total enterprise value of ...
South Africa regulator recalls Econo Cement product
South African company Econo Cement has been accused of having a 'sub-standard' product by the National Regulator for Compulsory Specifications (NRCS). The regulator has asked consumers and hardware stores to participate in a nationwide recall of Econo Cement's CEM V/A S-V 32.5 N product after investigations found it failed to meet the minimum requirements of prescribed strength. CEO of the...
Saint-Gobain signs power agreement in South Africa
Saint-Gobain has signed a renewable electricity supply agreement (power purchase agreement or PPA) with CVE, an independent French renewable energy producer, to secure about 140GWh of solar electricity in South Africa, over a 20-year period. This PPA is expected to cover around 40 per cent of the electrical needs of Saint-Gobain’s four major industrial sites in the country, producing gyps...
Sanghi Industries announces changes at the top
India-based Sanghi Industries Ltd has announced a number of resignations from its board of directors. Ravi Sanghi tendered his resignation as chairman and managing director, with effect from 7 December 2023. Also resigning from the company are executive directors, Aditya Sanghi, Alok Sanghi, Bina Mahesh Engineer, Nirubha Balubha Gohil, along with the following independent directors: Sundaram B...
Shree Cement makes move into mining sector
Shree Cement is reportedly planning to bid for lithium mining rights in Jammu and Kashmir, as part of the company’s venture into the mining sector. According to Reuters, an estimated 5.8Mt of deposits were found in February this year. The cement producer is also believed to be looking at blocks in the eastern state of Chhattisgarh. An Australian-based mining company is advising Shree on ...
thyssenkrupp to supply new line to GCC Odessa plant
GCC America has commissioned thyssenkrupp Polysius North America to build a 3000tpd clinker production line, which can be expanded to 3500tpd, at its Odessa plant in Texas. The GCC Odessa plant currently supplements its market demand by importing cement from their other plants. With the significant expansion of production capacity in Odessa, coupled with the recent Polysius award incre...
PCA appoints new chair and vice chair
Portland Cement Association (PCA) has announced new leadership for its board of directors. Massimo Toso has been elected chairman of the PCA. Mr Toso is the current president and CEO at Buzzi Unicem USA and has served the last year as vice chair to former PCA Chairman Filiberto Ruiz. Monica Manolas is PCA’s new vice chair and the first woman in the 21st century to be elected to the positio...
Adani Cement acquires Sanghi Industries in west coast expansion
Adani Cement Ltd has secured a 54.51 per cent stake in Sanghi Industries and will look to harness operational synergies from this acquisition, according to the company. The primary objectives for the acquisition include boosting efficiency, minimising costs, and fostering a sustainable approach to cement production. Sanghi Industries’ expansive Sanghipuram integrated manufacturing plant...
East Africa Portland Cement Co announces new clinker line project
East Africa Portland Cement Co (EAPCC) is planning a KES30.53bn (US$200m) clinker line in Kajiado county, Kenya. The plant, which will have a clinker capacity of approximately 5000tpa, will be located on a 300-acre greenfield site. EAPCC ( Holcim Group ) says the clinker will be used for cement production in the domestic market with the surplus being exported to neighbouring countries. ...
CEMEX launches first fully electric, zero-emissions RMC truck
CEMEX has unveiled the first fully electric, zero-emissions ready-mix truck in the Middle East. According to the company, the truck is fully operational and has the capacity to transport a full load of concrete. It is equipped with a state-of-the-art 350kWh battery which allows it to complete an average full workday with a single recharge. CEMEX is collaborating with partners and manufa...
Taiwan Cement commissions battery project
Taiwan Cement Group has commissioned a 311MWh battery at its HePing plant in Hualien County, Taiwan. The battery has been supplied by NHOA SA, formerly Engie EPS, according to Renewables Now. The cement producer called the project “a bold statement of our dedication to renewable energy and a testament to our role in Taiwan’s ambitious journey towards carbon neutrality by 2050.” It m...
Nova Cimangola prepares to launch LC3 production
Nova Cimangola is close to opening its first LC3 project for low carbon cement production in Luanda, Angola. According to the company, Ecosolutions carried out the studies and IPIAC guaranteed the technology. The project meets the intentions of the Government of Angola and aims to produce environmentally friendly cement or green cement, which incorporates a greater quantity of calcined ...
Hoffmann Green to supply clinker-free cements to CRBPE
Hoffmann Green Cement Technologies has signed a commercial partnership with CRBPE (Conception Réalisation Béton Prêt à l’Emploi), which manufactures and delivers a wide range of ready-mixed concrete products for professionals and private customers in the Aube region of France and neighbouring areas. The agreement, which runs until the end of 2027, involves supplying Hoffmann Green Cement...
Carbon Re launches decarbonisation white paper
Carbon Re has launched its white paper - ‘Levers of Change’ - to serve as a compass for navigating the regulatory and commercial factors steering decarbonisation efforts in cement production. According to the company, the white paper provides information for stakeholders to assess the landscape and identify actionable strategies within their specific contexts. At the heart of the pape...
Bamburi Cement builds two solar power plants
Bamburi Cement is building two solar photovoltaic power plants, which will provide up to 30 per cent of the cement producer’s total power requirement. According to Market Screener, this marks the largest commercial solar project ever initiated by a cement company in Kenya. The project with MOMNAI Energy Ltd, an independent power producer, will include two plants with capacities of 14.5MW...
Sinai White Portland Cement to open first cement terminal at Arish
Transcargo International (TCI), a subsidiary of Abu Dhabi Ports Group, has signed an agreement with Sinai White Portland Cement to build and operate the first bulk cement silo terminal at Arish port in North Sinai, Egypt, to boost exports. According to Mist News, the terminal will have a total capacity of at least 200,000tpa and will include six cement silos with a capacity of 10,000t each, ...