Cement News tagged under: Weekly Newsletter
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... |
Vietnam cement exports drop 10.8% in 1H2402 July 2024, Published under Cement NewsBetween 2019 and 2022, the average export value of cement and clinker ranged from US$1bn to US$1.3bn annually. However, in 2023, export earnings sharply declined due to falling prices. The average Free On Board (FOB) price of clinker fell to US$31-32/t in May 2024, a notable decrease from US$46-48/t in 2022. The country’s Ministry of Construction (MoC) cited an increase in the tax on clinker exports, from five to 10 per cent as of 1 January 2023, as a key factor making Vietnamese clinker... |
US considering carbon pricing for imports02 July 2024, Published under Cement NewsThe US is looking to a potential carbon pricing system for goods and services imported into the country as part of a wider carbon policy. The step is a key policy shift as it looks to counter Chinese industrial competition and reduce emissions. John Podesta said the US would fight against “freeriding” by foreign producers of carbon-intensive industrial imports, in an interview with the UK Financial Times. “We’re not going to just give up our industrial base to people who are dumping carbon... |
Dominican cement price rise affects housing construction01 July 2024, Published under Cement NewsIn the Dominican Republic, cement prices, as represented in the Direct Cost of Housing Construction (ICDV), have increased by 49.3 per cent between January 2020-April 2024, according to the Dominican Association of Housing Builders and Developers (Acoprovi). This is causing inflationary pressures and increasing the cost of housing construction as cement represents 18 per cent of construction costs. In 2024 to date cement prices have advanced by eight per cent with an extra six per cent ant... |
Amran Cement Factory to be modernised01 July 2024, Published under Cement NewsChairman of the Board of Directors of the Yemeni General Corp for Cement Industry and Marketing , Yahya Atifa, has reviewed the progress of production work at the 2Mta Amran Cement Factory . Mr Atifa, accompanied by First Undersecretary Governor, Abdul Aziz Abu Kharfsha, inspected the work conditions at the factory. In the meeting, chaired by Mr Atifa, the performance and work level of all departments and manufacturing formations of the Amran Cement Factory units were discussed. He stre... |
Unacem to invest US$300m to reduce its carbon footprint by 203001 July 2024, Published under Cement NewsPeru-based Unacem Group has published its Corporate Roadmap to 2030, setting a carbon emissions target of 1500kg of CO 2 /t of cement by 2030 in all its operations, representing a reduction from 607kg, and to achieve carbon neutrality by 2050. To achieve the target the company is investing US$300m by 2030. In 2023 the company achieved a reduction of 5kg of CO 2 /to of cement and has set a total reduction target of 6kg for 2024. In the medium term, targets are 21 and 16kg for 2025 and 2026,... |
JK Cement posts 65% YoY jump in PAT01 July 2024, Published under Cement NewsJK Cement has reported revenue from operations of INR109,180m (US$1308m) in FY2023-24 (ended 31 March 2024), up 17 per cent YoY. Net sales over the same period came in at INR105,630m, marking a 16 per cent YoY expansion, while profit after tax jumped 65 per cent YoY to reach INR8310m. Over the 12-month period the company produced 18.53Mt of grey and white cement (including wall putty), up 17 per cent YoY, giving a utilisation rate (excluding Toshali and Fujairah) of 81 per cent. In ter... |
FICEM Technical Conference 202428 June 2024, Published under Cement NewsFICEM's Technical Conference 2024 will be held in Cartegena, Colombia between 16-18 September. The event will enable attendees to follow the latestrends and innovations that are transforming the cement industry. This will be the 40th anniversary of the FICEM Technical conference and exhibition . |