Cement News tagged under: Weekly Newsletter
Vietnam's cement market expands 10% in August23 September 2024, Published under Cement NewsCement sales in Vietnam increased 10 per cent YoY to 4,922,817t in August when compared with August 2024 and remained stable when compared with July 2024, when sales reached 4,911,7272t. Of this total VICEM reported a nine per cent YoY uptick in sales to 1,497,024t while other VNCA members saw a four per cent increase to 1,035,793t. Sales of non-VNCA members were up by 14 per cent to 2,390,000t. However, export sales in August 2024 declined by 13 per cent YoY to 2,345,152t. Clinker expor... |
Ignites to supply green electricity to Akmenes Cementas23 September 2024, Published under Cement NewsSmart energy solutions company Ignites will supply electricity generated by its wind farm in Mažeikiai to Akmenes Cementas , Lithuania. Ignites and Akmenes Cementas, which is owned by German building materials producer, Schwenk Cement Beteiligungen, signed a four-year power purchase agreement (PPA) for Ignites to start supplying electricity in 2026. This is the largest PPA Ignites has ever signed in Lithuania. Haroldas Nauseda, head of B2B customers and expansion at Ignitis, said,... |
Ramco Cements invests US$7m in 1Mta capacity upgrade23 September 2024, Published under Cement NewsThe Ramco Cements Ltd announced it has increased its cement capacity by nearly 1Mta following the debottlenecking of cement capacity at its Kalavatala plant in Andhra Pradesh, India. The project has increased capacity at the cement works to 2Mta from 1.5Mta. In addition, the company’s Valapaadi grinding unit in Salem District, Tamil Nadu, also improved its efficiency, resulting in an increase in capacity from 1.6Mta to 2Mta, according to the Economic Times. "The company's total ceme... |
CSN looks to buy InterCement's Loma Negra19 September 2024, Published under Cement NewsInterCement Participações , the indirect controlling shareholder of the cement producer Loma Negra in Argentina, agreed to a new exclusivity period in favour of Companhia Siderúrgica Nacional (CSN) to continue negotiating the acquisition of 100 per cent of its shareholding. The company previously had another exclusivity period, expired as of 12 August, after two extensions. There was no renewal and negotiations were left open to the possibility of an interested third party. However,... |
Indonesian cement market stable in August18 September 2024, Published under Cement NewsCement sales in Indonesia amounted to 6.117Mt in August. This is an increase of 0.1 per cent YoY compared to the 6.111Mt reported a year earlier. Regional sales remain a mixed bag. The strongest growth was reported in Kalimantan where the development of Indonesia’s new capital, Nusantara, is ongoing. Sales there rose 7.5 per cent YoY in August to 542,788t, up from 505,065t a year earlier. Java, the country’s largest market accounting for 52 per cent of all sales, saw dispatches rise 1.7 p... |
JK Cement plans to invest INR30bn in capacity expansion18 September 2024, Published under Cement NewsIndia-based building materials manufacturer, JK Cement , has announced plans to invest INR30bn (US$358.4m) to increase its capacity by 25 per cent, from 24Mta to 30Mta by the end of FY25-26. Nearly INR8bn of the investment has already been made, with work on the brownfield expansion in Panna, Madhya Pradesh, and the greenfield grinding unit in Buxar, Bihar, underway. At Panna, the investment includes clinker capacity expansion, costing approximately INR24bn, while the greenfield unit ... |
Latin American and Caribbean cement sector targets net zero by 205017 September 2024, Published under Cement NewsThe Federacion Interamerica del Cemento (FICEM) has opened the doors to the annual 2024 Technical Congress, a three-day conference and exhibition, taking place in the historic city of Cartagena, Colombia. FICEM Executive Director, Maria José García, welcomed over 450 delegates to the 2024 FICEM Technical Congress Opening proceedings, FICEM Executive Director, Maria José García welcomed over 450 delegates to the meeting, which includes delegates from across Latin America and t... |
Sinoma Overseas to build Votorantim Z02 grinding plant17 September 2024, Published under Cement NewsSinoma Overseas has secured an engineering and supply contract for the Z02 cement grinding station project in Edealina Brazil, along with a technical cooperation framework agreement, with Votorantim Cimentos SA . The contract scope includes the design, equipment supply, and technical services for the 150tph cement grinding expansion project costing BRL200m (US$36.47m). The Z02 project will double cement capcity at the Edealina grinding plant to 2Mta and will be completed in the 2H25. ... |
New production line in Vietnam17 September 2024, Published under Cement NewsThanh Thang Cement Group has launched the fifth production line in Vietnam’s northern province, Ha Nam, with a capacity of 2.3Mta, with an output of 6000tpd. The new line features a dry-process design with advanced systems including a rotary kiln, a two-branch, five-stage cyclone heat exchange tower and operates on 100 per cent low volatile coal. The site also includes a 10MW heat recovery power generation system. The Vietnam Cement Association has reported a decline in cement consumption... |
Ciments du Maroc acquires Asment Témara16 September 2024, Published under Cement NewsCiments du Maroc announced the signing of a strategic agreement for the acquisition of Asment de Témara . The step will enable Ciments du Maroc, part of Heidelberg Materials , to consolidate its national coverage and its sales of sustainable materials and solutions. It will expand its operations in northern Morocco in particular. The acquisition will include 62.62 per cent of Asment de Témara’s capital as well as 99.99 per cent of the capital of Grabemaro, a producer of aggregates, cur... |