Cement News tagged under: Weekly Newsletter
Cement 2 Zero project completes trial melt06 October 2023, Published under Cement NewsThe first trial melt has been completed as part of the innovative Cement 2 Zero project, which aims to develop the world’s first zero-emissions cement on an industrial scale. The collaborative project is seeking to advance the decarbonisation of the construction, cement and steel sectors by ensuring the process can be scaled up from laboratory to pilot plant. Partner organisations include the Materials Processing Institute, University of Cambridge, CELSA Steel UK, Atkins, Balfour Beatty, Day... |
Cementos Molins completes Sant Vicenc dels Horts modernisation06 October 2023, Published under Cement NewsCementos Molins celebrated the inauguration of its upgraded facilities in Sant Vicenç dels Horts , Barcelona, Spain, on 5 October 2023. The event witnessed the presence of the Minister of Business and Labour of the Generalitat of Catalonia, Roger Torrent. The company's investment exceeding EUR6.6m encompasses a comprehensive office building renovation, the installation of 1455 self-consumption photovoltaic panels, green space redesign, and the introduction of a new plant for alterna... |
CEMEX returns to Mexican debt capital markets05 October 2023, Published under Cement NewsCEMEX has announced the successful pricing on 3 October 2023 of its sustainability-linked long-term notes for an aggregate principal amount of MXN6bn (US$332.6m), a transaction that represents its return to the Mexican debt market after a 15-year absence. The closing of the offering is expected to take place today, 5 October 2023, subject to satisfaction of customary closing conditions. The notes consist of two tranches: the first, for an amount of MXN1bn with a three-year tenor at a ... |
JSW Cement makes approach for Heidelberg Material's Indian cement operations03 October 2023, Published under Cement NewsJSW Cement , the building materials business of steelmaker JSW Group , is in initial talks with Germany's Heidelberg Materials to acquire the latter's 13.4Mta cement businesses in India, according to The Economic Times of India. JSW Group has reportedly made an unsolicited offer to acquire Heidelberg Materials' local entities that primarily have capacities in the Indian peninsular. The report further added that Heidelberg Materials is yet to make a final call on its India exit str... |
Hanson UK becomes Heidelberg Materials03 October 2023, Published under Cement NewsHanson UK has become Heidelberg Materials , aligning with its parent company, which announced its new global branding in September 2022. “The construction sector faces global challenges such as climate change and the digitalisation of our industry; challenges we are better placed to meet as a strong, united Group,” said Simon Willis of Heidelberg Materials UK. “Having a single brand name and identity sends a clear and consistent message to our increasingly global customers and foste... |
Titan sets out growth targets for 202602 October 2023, Published under Cement NewsMembers of T itan Cement International SA’ s management team have presented the company’s strategic directions and growth targets set for 2026, that aim to shape the future of the group and drive long-term stakeholders’ value. Based on a performance-driven local operating model and supported by fast-paced execution, the company sets its strategic priorities for capturing green growth during the period 2023-26. “ Strengthen the portfolio by growing our US and Europe attractive positions... |
US and Puerto Rico imports increase 16% in July28 September 2023, Published under Cement NewsPortland and blended cement shipments in the USA and Puerto Rico slipped 2.1 per cent to 9.3Mt in July 2023 when compared with July 2022, when 9.5Mt was shipped, according to the US Geological Survey (USGS). Of the total blended cement volume reported, 4.9Mt or 98 per cent was Portland limestone cement (Type IL). In terms of market size, Texas, California, Florida, Georgia and Ohio led the rankings, receiving a combined 38.4 per cent of shipments. The leading producing states for Portland... |
Titan and Orcan Energy form clean energy partnership27 September 2023, Published under Cement NewsTitan Cement Group and Orcan Energy, the leading cleantech company turning waste heat into clean electricity, have announced an innovation partnership. Together, the partners will explore the development and deployment of an innovative modular clean energy solution that will convert waste heat into clean and affordable electricity. This efficient solution has the potential to accelerate project implementations and at the same time reduce costs, Claims Titan. Samir Cairae, CTO of Titan , ... |
White cement anti-dumping duties issued in South Korea27 September 2023, Published under Cement NewsSouth Korea is to impose anti-dumping duties on white Portland cement imported from Egypt, said the industry ministry. Following a preliminary examination, the Korea Trade Commission (KTC) recommended the Ministry of Finance to levy provisional duties of 72.23 per cent on Egyptian white cement imports to protect the local cement industry while it carries out an additional probe. The probe came as domestic cement producer Union Corp filed a complaint in March against Egypt's Royal El M... |
Shree Cement approves NCDs to fund expansion27 September 2023, Published under Cement NewsShree Cement has approved plans to raise INR7000m (US$84.11m) through the issue of non-convertible debentures (NCD) on a private placement basis. According to Realty, the secured, rated, redeemable and taxable NCDs with a base issue size of INR3500m, with an option to retain oversubscription of up to INR3500m, will be allotted today (26 September 2023) at a face value of INR100,000 each for cash at par. The date of maturity of the NCDs to be issued on a private placement basis to certai... |