Cement News tagged: Corporate
InterCement's cement volumes remain stable in 3Q21 at 5.4Mt
InterCement reports that its total cement volume remained at a solid 5.4Mt in the 3Q21, reflecting stability YoY due to the sizeable comparison base of last year, when post pandemic pent-up demand enhanced the base. The cement industry in Argentina remained on a strong pace, with Loma Negra volumes up eight per cent YoY, helped by some recovery of bulk segment. Argentine volumes expan...
HeidelbergCement agrees sale of Sierra Leone subsidiary
HeidelbergCement has signed an agreement to sell its subsidiary Sierra Leone Cement Corp Ltd (Leocem) to the Diamond Cement Group. The sale includes a cement grinding plant with two grinding mills. The Freetown cement plant has a capacity of ~500,000tpa. HeidelbergCement holds 50 per cent of the shares in the company and has full management responsibility. The divestment is part of...
Fujian Cement Co announces energy-saving projects
Fujian Cement Co Ltd has announced new projects for the Yongan Jianfu and Ansha Jianfu 4500tpd production lines. The energy-saving projects represent a total investment of CNY247.4m (US$38.84m). The plans are expected to see the renovation of the old systems at the existing operations of Yongan Jianfu and Ansha Jianfu, without additional land acquisition. A set of Ф200-180 roller press grindi...
Oman Cement increases conveyor capacity
Oman Cement Co has increased the capacity of one of its conveyor belts from 150 to 250tph. The increase of the conveyor that transports cement from the cement mill to the silo was achieved by EPC specialist Synergy International FZE, who was responsible for project planning, procurement and construction. Synergy International FZE specialises in mechanical power transmission and bulk material...
Cemento Polpaico invests US$60m to ensure Cerro Blanco continuity
Cemento Polpaico has submitted an environmental impact study (EIS) for the Cerro Blanco complex development to Chile’s Regional Directorate of the Environmental Assessment Service of the Metropolitan Region. The US$60m project plans the expansion of the mining exploitation of four existing limestone quarries. This would increase the exploitation areas and extend limestone extraction by 27 ye...
Sinai Cement reports 67% rise in net sales
Egypt’s Sinai Cement saw its consolidated net loss contract to EGP323.3m (US$20.58m) in the first nine months of the year, compared with EGP425m in the year-ago period. Consolidated net sales advanced 67.3 per cent YoY to EGP984.8m from EGP588.7m in the 9M20.
PPC Barnet posts positive 1H21 results
PPC Barnet in the Democratic Republic of Congo (DRC) announced that nearly 230,000t of cement were produced in the second quarter of 2021. The company operates a 1.2Mta integrated cement plant, representing a US$300m investment. Sales volumes in the key central market were up six per cent YoY. This has enabled the company to open warehouses in the central location of Kinkole, as well in Zong...
Polpaico sees 71% surge in 9M revenues
Chile-based Cemento Polpaico reported revenues up 71.1 per cent to CLP230,726.57m (US$277.3m) in the January-September 2021 period when compared with revenues of CLP134,876.954m in the equivalent period of the previous year. The company also posted profits of CLP10,472.311m in the first nine months of 2021 compared to a loss of CLP10,319.237m in the 9M20. In September 2021 sales volumes of c...
Cemento Cosmos to stop Cordoba kiln
Cemento Cosmos, part of Brazil-based Votorantim Cimentos, is stopping the kiln at its Córdoba plant in Spain in 2022 due to high energy costs. The plan is to “significantly” reduce clinker production with temporary shutdowns over the next year, reports Diario Córdoba. While clinker will no longer be produced at the Córdoba plant, cement production will continue, using clinker from other group...
INSEE Cement signs MoU with Hambantota Port
Hambantota International Port Group (HIPG) recently signed an agreement with INSEE Cement to ensure the efficient transfer of raw materials to the Galle cement plant, Sri Lanka, via the Hambantota Port. The agreement was signed between INSEE Cement CEO, Gustavo Navarro, and HIPG CEO, Johnson Liu, at a ceremony held at the Hambantota Maritime Centre. Mr Navarro said: "Due to the limit...
Fire at Cruz Azul’s Tula operations
A fire broke out at Cruz Azul’s facility in Tula de Allende, Mexico, on Sunday morning. The flames were reportedly located at the company’s limestone conveyor belt. The fire was extinguished within two hours, but around 500m of the belt has been damaged. Operations are not expected to affected, while repair work will last between 15-20 days.
Holcim launches new concrete product
Holcim has launched a new high-performance concrete, DYNAMax, which is expected to deliver high strength, durability and rigidity alongside design freedom and sustainability, according to a press release. It will be launched in close to ten markets across Europe, Latin America, North America and Asia Pacific in 2022. Jan Jenisch, CEO Holcim, said: “I’m excited by the launch of our DYNAMa...
CarbonBuilt joins World Cement Association
CarbonBuilt has joined the World Cement Association (WCA) as an associate corporate member. The US based firm has developed ReversaTM technology that directly embeds CO₂ from industrial and direct air capture sources into proprietary low-cost and low-carbon concrete formulations. The technology reduces overall CO₂ emissions by more than 60 per cent while delivering products that meet existi...
PPC posts better-than-expected 1H in Zimbabwe
South Africa-based PPC has said its cement sales volume in Zimbabwe surpassed expectations as sales increased by 19 per cent in the six months to September as cement demand in the African country saw double-digit growth. Individual customers as well as government projects drove the increase in sold volumes. Compared with the equivalent period in 2019, PPC’s sales volumes advanced 31 per cent. ...
Ramco Cements commissions WHR system
India’s Ramco Cements has commissioned a new waste heat recovery system for the third line of its Jayanthipuram plant in Andhra Pradesh. Out of the two boilers in the WHR system of the third line, the air-quenched boiler at the cooler has been commissioned, according to a company release. It is expected to increase total available power from waste heat to 24MW from 21MW. The preheater boil...
Taiheiyo Cement Philippines retires old kiln to prepare expansion
Taiheiyo Cement Philippines has retired its old kiln to make way for the installation of its new line, which will increase capacity from 2500tpd of clinker to 6000tpd by mid-2024. The old kiln has been operational for 30 years, according to Yoshihito Izawa, CEO. “Now we have decided to build a new line. It is inevitable to dismantle the whole facility to construct a completely new one. I am d...