FLSmidth forms partnership in Vietnam for waste plastic co-processing
FLSmidth will work with TONTOTON, a waste handling start-up company in Vietnam, to assist local cement producers in replacing fossil fuels with non-recyclable plastic waste. ...
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USG Supramax/Ultramax sees sharp rate drop
By Maria Vasyutenko, freight associate of Brannvoll ApS, Denmark The USG Supramax/Ultramax spot freight market experienced a sharp rate fall after a short-lived spike. Trad...
Dugongo cement prices see further rise
The price of Dugongo cement in Mozambique has increased yet again, reports Club of Mozambique. As of 24 January 2022, a 50kg bag of 32.5 cement now costs MZN360 (US$5.64). A ...
WCA welcomes enterprise Ireland as an Affiliate Member
The World Cement Association (WCA) has announced that it has further expanded its international network of members by welcoming Enterprise Ireland as an affiliate member. ...
Lehigh Cement signs MoU for Edmonton CCUS project
Lehigh Cement , a division of Lehigh Hanson Materials Ltd (Lehigh) and Enbridge Inc (HeidelbergCement Group) have announced a memorandum of understanding (MoU) to collaborate...
GCC reports favourable performance in 4Q21 and 2021
GCC reported a 10.9 per cent YoY advance in consolidated net sales to US$257.9m in the fourth quarter of 2021. EBITDA remained stable at US$83.1m with an 31.5 per cent EBITDA m...
Carbon returns to uptrend following retracement from all-time high in December
By Frank O. Brannvoll, Brannvoll ApS, Denmark The EUA Dec 21 saw an incredible 200 per cent rise during 2021 from EUR31 to EUR92. More recently, the market saw a sharp re...
PPC to build 30MW solar plant in Zimbabwe
South Africa-based PPC will build a 30MW solar power facility at its Colleen Bawn clinker plant in Zimbabwe as part of its decarbonisation strategy. The clinker works will ...
Oil back to US$80 while Indonesian export ban supports coal – petcoke steady in low December trading
By Frank O. Brannvoll, Brannvoll ApS, Denmark The euro was stable between US$1.12-1.14 despite the US Federal Reserve focussing on higher yields in 2022. A range of US$1.12-...
Voith Group acquires 100% shares in Elin Motoren GmbH
Voith Group has owned a 70 per cent controlling share in Elin Motoren GmbH since 1 May 2020 and at the end of 2021 acquired the remaining 30 per cent that was held by Franz Hra...
Holcim divests Northern Ireland cement business
Holcim has sold its Northern Ireland cement business to Cookstown Cement Ltd for more than GBP55m, reports the BBC. Cookstown Cement Ltd is a new local business that has a...
Akkermann Cement receives funds to acquire Akhangaracement JSC
Gazprombank has allocated funds for the acquisition by Akkermann Cement CA (part of the USM group) for a 98.6 per cent stake in Akhangaracement JSC in Uzbekistan. The...
Mexico's cement market sees cement prices surge
The price of grey cement in Mexico increased on average 14.5 per cent per 50kg bag and 20 per cent per tonne of bulk cement in January 2022 when compared with December 2021, ac...
Ha Tien sees 65% drop in 4Q net profit
Ha Tien 1 Cement JSC , in which Vietnam Cement Industry Corp holds a 79.7 per cent stake, reported a 65.4 per cent YoY fall in consolidated net profit to VND53.32bn (US$2.3m) ...
SONOCC announces resumption of production
Société nouvelle des ciments du Congo (SONOCC) will restart its production of cement from 31 January after several weeks of work stoppage, said the company’s Director General...
Ramco Cements to commission Kurnool clinker plant in February
Ramco Cements Ltd is expected to bring online its 2.25Mta clinker plant in Kurnool, India, in February. The 1Mta cement grinding unit, 12MW waste heat recovery system and 18M...
Málaga resumes cement export
Following a stop since September 2021, the export of cement from Málaga, Spain, has resumed. With a frequency of between 1-2 cargoes leaving the port per month, activity is exp...
Ecocem appoints Olivier Guise as executive director of strategy, technology and new business
Ecocem has announced the appointment of Olivier Guise as executive director of strategy, technology and new business. In this newly-create role, Mr Guise will develop and o...
UltraTech Cement announces INR9.65bn capex for Birla White expansion
UltraTech Cement has announced a capital expenditure (capex) plan of INR9.65bn to modernise and almost double the production capacity of its white cement brand Birla White. Th...
Ramco Cements sees 59% fall in 3Q net profit
India-based Ramco Cements Ltd reported a 59 per cent decrease in standalone profit after tax at INR830m for the quarter ended 31 December 2021 (3QFY21-22). In the 3QFY20-21 s...
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