Cement News tagged: International
Cement Manufacturers' Association applauds 2024-25 budget
The Cement Manufacturers’ Association (CMA), the independent body of large cement producers in India that represents almost 75 per cent of the country’s total installed cement capacity, has applauded the Union Budget 2024-25. The budget, presented by the Finance Minister, Nirmala Sitharaman, on 23 July, set out a detailed plan for India’s economic growth with a strong emphasis on infrastructur...
Study finds by-products from lithium production can be used in cement production
A peer-reviewed study by the German Lithium Institute has found that by-products from Rock Tech’s lithium conversion process can also be used as additives for cement, replacing the role of fly ash in cement production, a by-product of coal-fired power generation. The leached spodumene concentrate (LSC) generated during the production of lithium from spodumene holds serious potential as an...
Saurashtra Cement publishes increase in revenue
Saurashtra Cement Ltd has reported consolidated revenue from operations of INR17.65bn (US$210m) in FY23-24 (ended 31 March 2024), up from INR16.45bn (seven per cent YoY). EBITDA for the year was INR1.2bn, compared to INR572m in FY22-23, reflecting a 77.1 per cent YoY increase. Net profit for the year before tax came in at INR565m, marking an 88 per cent YoY increase. Blended cement sales...
CIMERWA Plc acquires Prime Cement Ltd
Cement producer CIMERWA Plc has completed the purchase of Prime Cement Ltd. CIMERWA sent a notice to the Rwanda Stock Exchange (RSE) informing the regulator that it had finalised the acquisition on 18 July 2024. CIMERWA stated that the purchase of Prime Cement’s assets was an ‘off-market transaction’. This suggests the company negotiated a private deal with Prime Cement directly. A sta...
US launches Cement and Concrete Center of Excellence
The US Department of Energy’s (DOE) Industrial Efficiency and Decarbonisation Office (IEDO) has announced plans to create a Cement and Concrete Center of Excellence to accelerate the development and adoption of novel low-carbon cement and concrete technologies. US national laboratories can receive up to US$9m through an upcoming competitive lab call to develop and lead the centre. The centre ...
Heidelberg Materials to receives US$5m in funding from EPA
Heidelberg Materials North America is set to receive US$5m in funding from the US Environmental Protection Agency (EPA) for the development of a cloud-based tool that produces environmental product declarations (EPDs) for building materials. An EPD is a standardised declaration of a product’s lifecycle assessment that shows its impact on the environment. EPDs are vital for transparency o...
Road spending to boost Indian cement demand
India’s cement companies are expected to benefit from a boost in road infrastructure spending. In her Budget 2024 speech, Nirmala Sitharaman, India’s Union Finance Minister announced an investment of INR260,000m (US$3106m) in highway development in Bihar. According to Mint, key projects includes the construction of a two-lane bridge over the Ganga and new highways such as the Patna-Purnea E...
Peru’s cement market contracts 6% in June
Cement dispatches in Peru declined by 5.9 per cent YoY to 0.924Mt in June 2024 from 0.928Mt in June 2023, according to ASOCEM, the Peruvian cement association. Of this total, dispatches by ASOCEM members were down 8.8 per cent to 0.842Mt in June 2024 from 0.923Mt in June 2023. Output from domestic cement plants declined 6.1 per cent YoY to 0.884Mt in June 2024 from 0.941Mt. Clinker productio...
Singapore's first electric concrete mixer truck arrives at Pan-United
Singapore-based concrete supplier Pan-United Corp Ltd has unveiled the country's first fully-electric concrete mixer truck, highlighting its commitment to sustainability. The adoption of electric vehicles (EVs) represents a milestone in the company’s efforts to become a carbon-neutral ready-mix concrete company by 2050. The electric mixer truck will reduce the carbon footprint associate...
US cement sales rose in April
Total shipments of Portland and blended cement, including imports, in the US and Puerto Rico amounted to 9.232Mt in April, up 5.9 per cent YoY from the 8.719Mt recorded in April 2023. Excluding for imports and sales to Puerto Rico, cement consumption in the US rose 5.9 per cent YoY to 9.11Mt, up from 8.6Mt a year earlier. The key district for shipments was the Mountain and Pacific region accou...
Iran cement growing robustly despite a plethora of concerns
Iranian cement sales slipped in June versus the previous month to come in at 5.353Mt, down from 5.568Mt in May but were up a notable 24 per cent YoY from 4.78Mt in June 2023, according to the Iranian cement association. Producers manufactured 6.123Mt of cement and 6.76Mt of clinker, decreases of 3.4 per cent YoY and one per cent YoY, respectively, when compared with June 2023. A total of 1...
Pakistan cement to see modest growth on higher exports in FY24-25
Research house AKD Research has projected that Pakistan’s cement dispatches will grow at 2.4 per cent YoY, primarily due to increased exports between June 2024 and July 2025. This follows a two per cent expansion in FY23-24, driven by higher export volumes, while domestic sales fell to a seven-year low. Despite introducing an increase in federal excise duty (FED) on cement in the FY24-25 bu...
Cemex Philippines begins its integration with DMCI
DMCI Holdings Inc is gradually integrating its business with cement producer Cemex Holdings Philippines Inc , initially through the company’s power unit. In a stock exchange filing on Monday, 15 July, Cemex announced that its subsidiary, APO Cement Corp , has signed a retail supply agreement with SEM Calaca RES Corp, the retail power supply arm of Semirara Mining and Power Corp. Accord...
MPA welcomes new UK government planning reforms
Plans set out by new UK Chancellor, Rachel Reeves, to overhaul the UK’s planning system and boost housebuilding have been welcomed by the Mineral Products Association (MPA), which is calling for the same approach to be applied to minerals planning. On her first full day in the job, with a clear emphasis on housebuilding and energy generation, the chancellor outlined the new government’s inten...
Dealers' strike may impact cement sales and distribution in Pakistan
The sales and distribution of cement across Pakistan is expected to be significantly impacted due to a strike by one of the stakeholders, effective from 1 July, in protest of negative tax measures taken in Islamabad in the Federal Budget 2024-25. The All Pakistan Cement Distributors Association (APCDA) has informed the government about the impact on the business following the approval of t...
CCP hosts session on the disclosure of material information on cement bags
On Thursday, 11 July, Pakistan’s Competition Commission of Pakistan (CCP) held a stakeholder engagement session regarding the ‘Manufacturing/Packaging' and 'Expiry/Best Before’ dates on cement bags. This session included representatives of the Pakistan Standards and Quality Control Authority (PSQCA), All Pakistan Cement Manufacturers Association (APCMA) and domestic cement producers. Saeed ...