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Myanmar: An outbreak of Covid-19 in Panglaung township, where 57 new cases have been recorded since late August 2021, allegedly originated at a cement plant. The Shan Herald Agency has reported that the Nagar cement plant in Si Kip, Shan state was allegedly flouting Covid-19 safety regulations. 21 employees of the plant have tested positive in the latest outbreak of the virus.
Sweden: Cementa will not be able to appeal a land and environmental court’s ruling preventing it from using its quarries on the island of Gotland. The Swedish supreme court has ruled that the subsidiary of Germany-based HeidelbergCement has no basis for appeal. Its previous application to extend mining activities at the sites until 2041 failed due to shortcomings in its environmental impact assessments. The quarries supply cement production at the company’s Slite cement plant in Gotland.
Sumitomo Osaka Cement joins Task Force on Climate-Related Financial Decisions Consortium 27 August 2021
Japan: Sumitomo Osaka Cement has joined the Task Force on Climate-Related Financial Decisions (TCFD) Consortium. The consortium is committed to facilitating effective and efficient disclosure of climate-related corporate information and their use by financial institutions. As a member, Sumitomo Osaka Cement will conduct scenario analysis on the climate change impacts of all its businesses. This includes its cement business, which the company says accounts for the majority of its CO2 emissions.
UK: Finland-based Metso Outotec has awarded a contract to Duo Group to provide distribution services for its British aggregates equipment and services business. Under the terms of the contract, Duo Group will deliver the supplier’s products and provide technical support to its quarry customers in England, Scotland and Wales. Metso Outotec presently provides both services itself. The contract will enter force in September 2021.
Distribution management senior vice president Olli-Pekka Oksanen said “We are very pleased to announce the partnership with Duo. The partnership expands our distribution model to include the larger aggregates quarrying customers in the UK. With Duo’s local presence and world class know-how, we will improve our ability to offer more comprehensive aggregate solutions and aftermarket support with the agility and responsiveness appreciated by the quarrying customers.”
CRH increases sales and profit in first half of 2021 26 August 2021
Ireland: CRH’s first-half consolidated sales rose by 15% year-on-year in 2021 to Euro14.0bn from Euro12.2bn in the first half of 2020. Its earnings before interest, depreciation, taxation and amortisation (EBITDA) rose by 25% to Euro2.00bn from Euro1.59bn. Group profit for the period more than doubled to Euro815m from Euro406m. The divestment of its Brazilian cement business during the half contributed towards the profit growth. Cement volumes increased in all of the group’s regions. Cement, lime and cement products sales rose by 21% to Euro2.36bn from Euro1.94bn.
Chief Executive Albert Manifold said ‘‘I am pleased to report a good first half as the strength and resilience of our business model once again delivers superior performance for CRH. Our integrated and solutions-focused approach leaves us uniquely positioned for the changing needs of construction, while our continued strong cash generation provides us with the flexibility to invest in future growth opportunities for our business. Based on current trading conditions and the positive momentum that we see across our markets, we expect second-half group EBITDA to be ahead of a record prior year.’’