Cement News tagged under: Weekly Newsletter
InterCement Participacoes SA files for Preliminary Injunction17 July 2024, Published under Cement NewsInterCement Participações SA and its subsidiary, InterCement Brasil SA, and its subsidiaries in the Netherlands and Spain, and its controlling shareholder, Mover Participações SA, have filed for a protective injunction (Preliminary Injunction) in Brazil in support of a court-supervised interim collective mediation process with its principal financial creditors. The company and affiliates referred to the above Preliminary Injunction to permit a stable negotiating environment in the mediati... |
Lumbres cement plant opts for polysius® booster mill16 July 2024, Published under Cement NewsEqiom Lumbres cement plant (CRH group) in France has entrusted thyssenkrupp Polysius with the implementation of an ultrafine grinding plant. This additional grinding stage allows for the reduction of the clinker factor in cement. The system includes the polysius ® booster mill, the ultrafine separators sepol ® UF and its ancillary equipment including material handling equipment and process gas management. The polysius ® booster mill is available in four sizes from 300 to 1800kW inst... |
Bamburi Cement receives acquisition deal11 July 2024, Published under Cement NewsAmsons Group, Tanzania's leading manufacturing and energy giant, has offered to acquire a 100 per cent share in Bamburi Cement of Kenya in a proposed US$180m deal. The offer has been made by the Amsons Industries (k) Ltd subsidiary to buy the shares at KES65 (US$0.51)/share. The cash offer represents a 42.39 per cent premium share price as of the closing of NSE trade in 9 July 2024. Bamburi Cement is currently majority owned by Holcim (58 per cent) and listed on the Nairobi Secur... |
Brazilian cement market expands 2% in June11 July 2024, Published under Cement NewsCement sales in Brazil increased by 2.4 per cent to 5.372Mt in June 2024 from 5.248Mt in June 2023, according to the country's cement association, SNIC. Per working day, cement dispatches were up 4.6 per cent YoY to 238,800t. The increase follows a first semester affected by high interest rates and family debt as well as extreme weather events, including drought in the central-west and northern regions and intense rains in the south of Brazil. Construction confidence remained stable in Ju... |
18th NCB International Conference & Exhibition10 July 2024, Published under Cement News18th NCB International Conference & Exhibition on Cement, Concrete and Building Materials is being held between 27-29 November 2024 at Yashobhoomi, IICC Dwarka, New Delhi, India. The National Council for Cement and Building Materials (NCB) is hosting the event under the theme of 'Cementing the Net Zero Future'. The 17th NCB International Conference attracted 1100 delegates, presented 160 technical papers and hosted 120 stalls in the exhibition. To register for the 18th NCB International C... |
Swiss cement market contracts 8% in 2Q2410 July 2024, Published under Cement NewsCement deliveries in Switzerland declined eight per cent to 965,157t in the second quarter of 2024 from 1,049,481t in the 2Q23, according to cemsuisse. While market contraction has slowed in comparison with the previous year, the uncertain economic environment continues to impact on cement sales. In addition, supply chain issues and comparatively high energy prices are also affecting deliveries. 1H24 deliveries Deliveries in the first half of 2024 were down eight per cent to 1,751,590t f... |
Cemex invests in KC8 Capture Technologies09 July 2024, Published under Cement NewsCemex has announced its latest investment in the carbon capture start-up KC8 Capture Technologies (KC8) through its venture capital and open innovation unit, Cemex Ventures. The investment aims to scale KC8's carbon capture technologies in a major project. KC8, based in Australia, offers an affordable method for reducing greenhouse gas emissions with its proprietary non-toxic, non-volatile solvent for carbon capture, utilisation and storage (CCUS). This technology promises up to 95 per ... |
Boiler explosion kills two and injures 14 at UltraTech plant09 July 2024, Published under Cement NewsA boiler explosion at the UltraTech Cement factory in the Jaggaihpet region of India has reportedly killed two workers and injured 14 others. Of the injured, Avula Venkatesh and Paritala Arjun died while being treated, and a further three workers are said to be in critical condition according to NTR District Collector, Gummalla Srijana. The Jaggaiahpet police have announced that the explosion may have occurred due to a suspected gas leak in the boiler unit, following a p... |
Kenyan cement demand drops 13% in 4M2408 July 2024, Published under Cement NewsCement consumption in Kenya fell 12.7 per cent YoY to 1,949,900t in the 4M24 from 2,234,200t in the 4M23, according to the Kenya National Bureau of Statistics (KNBS). The drop in cement consumption raises significant concerns about construction activity.“During the quarter under review, the construction sector registered a decelerated growth of 0.1 per cent, down from the 3.0 per cent growth recorded in the first quarter of 2023,” said KNBS. In the first three months of 2023, construction g... |
Limak Cement trials hydrogen fuel calciner tests03 July 2024, Published under Cement NewsFor the first time in Turkey, Limak Cement has successfully conducted the hydrogen-blended 50 per cent carbon-neutral fuel test at its Limak Anka cement plant with Air Liquide. The strategic collaboration with Air Liquids will explore how to develop the green hydrogen ecosystem in the path of Turkish cement sector’s transition to carbon zero production. The test is a world first, claims Limak Cement, as it injects hydrogen-blended carbon neutral fuel to the calciner instead of the rotar... |