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UNACEM Chile and UNICON Chile acquire Conovia 23 November 2022
Chile: UNACEM Chile and its ready-mix concrete partner UNICON Chile are set to acquire aggregates company Constructora de Obras y Viales Limitada (Conovia). Peru-based UNACEM Group concluded an agreement to buy Conovia's parent companies Inversiones Befeld Limitada and Inversiones Majas Limitada for US$3.7m on 21 November 2021. Gestión News has reported that Conovia has 180,000t/yr of aggregates production capacity in Valparaíso Region. At present, UNACEM Chile has 600,000t/yr in cement grinding capacity, while UNICON Chile has 1.2Mm3/yr in ready-mix concrete capacity.
UNACEM Group aims to grow its Chilean cement market share to 10 - 15% in 2025, from 8% during 2021. The market is reportedly valued at US$350m/yr.
US: Cemex USA and RTI International have secured US$3.7m in funding from the US Department of Energy for their Balcones cement plant amine technology carbon capture study. The plant in New Braunfels, Texas, will trial RTI International's non-aqueous solvent (NAS) system, licensed by energy and technology company SLB. Resources News has reported that the system will have a CO2 capture capacity of 670,000t/yr. RTI International's principal project investigator Vijay Gupta said that NAS capture has a 30 - 40% lower energy penalty than preceding solvent-based technologies.
Cemex USA president Jaime Muguiro said "We remain committed to exploring technologies that can help us meet our targets as we build a more sustainable future. We are striving to cut emissions across all our operations, and this study with RTI International is one of the many steps Cemex is taking to achieve our objectives."
Adocim commissions 45,000t Samsun cement terminal 23 November 2022
Türkiye: Adocim says that it has successfully commissioned a new four-silo cement terminal at the Port of Samsun, Samsun Province. The producer says that the terminal has a storage capacity of 45,000t. The facility will serve the producer's Portland limestone cement (PLC) export operations to countries including the US.
Parent company Titan Cement Group said "This new investment will enable us to further increase our sales of lower carbon cement, contributing to our group’s Net Zero goal towards a greener and more sustainable future."
OYAK Cement orders cooler from IKN 23 November 2022
Türkiye: OYAK Cement has ordered a 5000t/day Pendulum Cooler from Germany-based IKN for its integrated plant at Ünye. The contract was signed at the 16th TurkÇimento Technical Seminar that was held in Antalya in late October 2022. No price for the order has been disclosed.
Shangsi Cement commissions 5Mt/yr aggregates site in Guangxi 23 November 2022
China: China Resources Cement subsidiary Shangsi Cement has successfully commissioned its new 5Mt/yr Shangsi aggregates site in Guangxi Province. The cement company developed the site in collaboration with CNBM Design and Research Institute, beginning in February 2022.
CNBM Design and Research Institute general manager Xie Xiaoning that both parties could take this project as an opportunity to further cooperate in-depth in fields such as new building materials, waste co-processing and automation, so as to help China Resources Cement to achieve diversified development and extension along value chains.
China Resources Cement expects to exceed 30Mt/yr in 2022. Earlier in the year, it won an auction for 1.5BnT of limestone reserves in Guangxi Province.