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Nairobi Business Ventures to start building cement plant near Nairobi by end of 2021 29 September 2021
Kenya: Nairobi Business Ventures (NBV) plans to start building its new 1Mt/yr cement plant at Machakos near Nairobi by the end of 2021. Construction is expected to be completed by the end of 2023, according to the Business Daily newspaper. Cement sold from the plant will be marketed under the Delta Cement brand. The announcement follows the approval by NBV’s shareholders of its acquisition by Delta Cement. The company was acquired by UAE-based Delta International Holdings in late 2020.
Ghanaian pozzolan cement plant lobbies for funding to reopen 29 September 2021
Ghana: Daniel Asenso-Gyembibi, the director of the Building and Road Research Institute of the Council for Scientific and Industrial Research (CSIR-BRRI), has told parliamentarians that the institute’s Pozzolana cement plant needs US$4m to reopen. The unit at Gomoa Mprumem in the Central Region was forced to close due to a lack of private investment, according to the Ghanaian Times newspaper. Asenso-Gyembibi said that CSIR-BRRI had spent around US$250,000m on the project.
Commercial production started at the plant in 2011 with a capacity of around 5000bags/day. However, the unit stopped operation later in the same year due to poor sales and a lack of investment.
Mannok launches Natural Assets Action Plan 29 September 2021
UK/Ireland: Mannok has launched a comprehensive biodiversity report, the Natural Assets Action Plan, in partnership with the conservationist group Ulster Wildlife. The report examines the entirety of the company’s landholdings, which span 800ha on both sides of the EU/UK border. Habitats include grasslands, wetlands, woodlands, ponds and quarries. The report will provide a roadmap for the conservation, restoration and enhancement of each area of land to help Mannok to meet its sustainability targets. Key aims include increasing biodiversity awareness among Mannok staff, customers and local communities, improving biodiversity monitoring, maximising carbon absorption in soil and vegetation, rewilding the natural landscape and ensuring resilience to predicted climate change effects.
Chief executive officer Liam McCaffrey said “This report informs our understanding of the value of natural assets to the business and wider community and will help guide our long-term planning and strategic investment decisions in a way which aims to maintain and enhance those assets. Already it has started to change our perspectives of what was previously considered wasteland. Now, we can see opportunities for careful and considered restoration into valuable natural assets for the future. Additionally, the work involved in creating the plan has allowed us to focus on the whole area of carbon mitigation in ways which we would not have considered before. The way in which we are looking at carbon reduction through careful management of our land is a relatively novel concept in industry, but we now recognise it as a critical tool in the fight against climate change.”
He added “The report is full of very valuable recommendations on what we can practically do over the next three - five years and beyond to continue enhancing and restoring our land assets, and we are very much committed to delivering on this. We will commit resources, time, people and finances to develop the recommendations.”
Cement Corporation of India fails in bid to reopen Adilabad cement plant 28 September 2021
India: The Telangana government says that it has failed to persuade the Indian government to reopen the mothballed Cement Corporation of India Adilabad cement plant. The Press Trust of India newspaper has reported that this is despite an offer by the state’s government to contribute to costs.
IT and Industries Minister Ramon Rao said that the Telangana government aims to create 50,000 new jobs and claimed that the state is the fourth largest contributor to India’s economy.
Holcim Azerbaijan’s sales and profits drop in 2020 28 September 2021
Azerbaijan: Holcim Azerbaijan recorded sales of US$59.2m in 2020, down by 16% year-on-year. Turan Information Agency News has reported that the producer’s net profit was US$24.5m, down by 23%. During the year, the company reduced its debt by 14% to US$67m from US$78m.