Cement News tagged: Corporate

Carbon Re launches decarbonisation white paper

05 December 2023, Published under Cement News

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

04 December 2023, Published under Cement News

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

04 December 2023, Published under Cement News

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, ...

Holcim joins Circularity Task Force at COP28

04 December 2023, Published under Cement News

Holcim has become a founding member of the Sustainable Markets Initiative’s (SMI) Circularity Task Force, launched at COP28 in Dubai, to accelerate the world’s shift to a circular economy. The task force aims to close essential material loops to advance climate action, while preserving nature’s resources and planetary boundaries.  This commitment adds to Holcim’s leadership in circular c...

FCCL becomes third-largest producer in Pakistan with new plant

FCCL becomes third-largest producer in Pakistan with new plant

01 December 2023, Published under Cement News

Pakistan’s Fauji Cement Co Ltd (FCCL) has successfully commissioned its new 2.1Mta greenfield cement plant in Shadan Lund, Dera Ghazi Khan. The new facility has boosted the company’s total cement production capacity to 10.6Mta making it the third-largest cement producer in the company. According to the company, the project, which features state-of-the-art equipment including emissions contro...

UltraTech Cement to acquire Kesoram Industries Ltd's demerged cement business

01 December 2023, Published under Cement News

Kesoram Industries Ltd has decided to demerge its cement business and has approached UltraTech Cement Ltd in relation to the same.  The Board of Directors of UltraTech, after considering the recommendation and report of the Audit Committee and the Committee of Independent Directors, at its meeting held on 30 November 2023, considered Kesoram’s proposal and have approved a Composite Scheme...

Karsan Ramji signs geothermal power deal

Karsan Ramji signs geothermal power deal

01 December 2023, Published under Cement News

Kenya-based Karsan Ramji and Sons , which produces Ndovu Cement, has signed a 20-year deal with the country’s state-owned geothermal developer Geothermal Development Company (GDC). Under the agreement, GDC will provide Karsan Ramji with 40tph of steam from which the cement producer will generate power using a 4MW wellhead generation unit. Karsan Ramji will also use the geothermal heat for a 7...

Cemento Polpaico posts 9M23 loss

30 November 2023, Published under Cement News

Chile-based Cemento Polpaico reported losses of CLP9016.24m (US$10.4m) in the first nine months of 2023, compared with a profit of CLP3576.95m in the 9M22. The company's revenue improved 4.2 per cent YoY to CLP261,921.45m in the 9M23. EBITDA reached CLP9743.17m in the 9M23 when compared with CLP16,485.72m in the 9M22. "During the third quarter of 2023, a lower dynamism in the construction ...

Burnpur Cement Ltd acquisition increases UltraTech Cement's capacity

30 November 2023, Published under Cement News

UltraTech Cement has acquired a 0.54Mta cement grinding assets of Burnpur Cement Ltd, located at Patratu in Jharkhand, India, at a consideration of INR169,790m. This investment marks the company’s entry in the state of Jharkhand.   With this acquisition, UltraTech Cement's capacity in India now stands at 133Mta.  

Taiwan Cement expands its European footprint

29 November 2023, Published under Cement News

Turkey's Army Pension Fund, OYAK , has reached a preliminary agreement to sell its stakes in two cement companies to Taiwan Cement Corp for a total of about EUR673m. OYAK is selling a 20 per cent stake in Oyak Denizli Cement of Turkey to Taiwan Cement, valuing the company at EUR1.3bn (US$1.42bn). Taiwan Cement estimates it will pay EUR193.4m for the stake, increasing its ownership to 60 ...

First Graphene successfully completes Phase 2 Trial at Breedon Cement

29 November 2023, Published under Cement News

First Graphene has successfully completed the second phase of graphene-enhanced cement trials in collaboration with Breedon Cement Ltd at the cement producer’s Hope Cement Works. The Phase Two trials used 4t of grinding aid containing PureGRAPH ® to produce an additional 600t of graphene-enhanced cement at the production scale. The focus was on the optimisation of dosing methods at an incre...

Lemi National Cement expected to see inauguration in March 2024

29 November 2023, Published under Cement News

Construction of Lemi National Cement Factory in Ethiopia is 70 per cent completed and the plant is expected to be inaugurated in March 2024. Owned by a joint venture of West International Holding, the African business of West China Cement and East African Holding Co, the 8Mta cement plant is being built at Lemi Building Materials Industrial Park, some 150km north of Addis Ababa. The project ...

New PPC CEO confirmed

29 November 2023, Published under Cement News

Following the finalisation of his work permit, Matias Cardarelli has now been confirmed as the new chief executive officer of PPC Cement . He takes over from Roland van Wijnen, who will stay until the end of 2023 to facilitate a smooth handover. In September this year, the cement producer announced Mr Cardarelli's appointment, subject to the approval of his work permit. “The Board is plea...

Aggregate Industries to use waste ceramics as alternative fuel

28 November 2023, Published under Cement News

Thousands of tonnes of waste ceramics from one of the UK’s largest ceramic tile manufacturers will be recycled to make cement as part of a new initiative from Aggregates Industries . Aggregate Industries has agreed a four-year deal with Johnson Tiles to take 20,000t of legacy waste and broken production scrap a year from its Stoke factory. The tiles will make the short trip from the factory t...

Hoffmann Green to supply Spie batignolles

28 November 2023, Published under Cement News

Hoffmann Green Cement Technologies has signed a contract with Spie batignolles, a major France-based player in building, infrastructure and services, for the supply of Hoffmann Green’s carbon-free cements, including a volume commitment until 2027. With sales of EUR2.3bn in 2022 and more than 8000 employees, Spie batignolles is an independent group operating in six major business areas: c...

Pioneer Cement still to decide on greenfield or brownfield expansion

27 November 2023, Published under Cement News

Pioneer Cement has yet to select a green or brown option for expansion in the Punjab. Topline Securities hosted a corporate briefing session (CBS) for Pioneer Cement Co Ltd (PIOC) on 24 November, where PIOC group chairman, M Habibullah Kha, shared the company’s future outlook.  The company’s management highlighted that PIOC had acquired a site at DG Khan for a greenfield project in southw...