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16 January 2024

Shah Rukh Khan lends flair to new UltraTech Cement advertising campaign

India: Shah Rukh Khan (SRK) has become the latest Bollywood superstar to help advertise cement in India. Khan appears in UltraTech Cement’s Build and It Will Grow (Banega Toh Badhega) advertising campaign, launched on 15 January 2023. The opening advert shows the Aśoka star among workers, school pupils and the Indian Army carrying out different activities facilitated by infrastructure.

UltraTech Cement said “SRK is a shining example of the rise and aspirations of India. His personal journey is one of resetting boundaries and aiming high. We thus believe that he is aptly suited to represent UltraTech’s credo.”

Published in Global Cement News
Tagged under
  • India
  • celebrity
  • marketing
  • Adverts
  • Brand
  • Aditya Birla
  • UltraTech Cement
  • GCW642
15 January 2024

Summit Materials and Cementos Argos complete US merger

US: Summit Materials and Cementos Argos have successfully combined their operations in the US under a single entity. Summit Materials acquired Argos North America Corp. for US$1.2bn, and conversely issued 31% of its shares to Cementos Argos. Summit Materials expects to derive US$100m in additional earnings before interest, taxation, depreciation and amortisation (EBITDA) through the deal. Three representatives of Colombia-based Grupo Argos will sit on the board of up to 11 directors of the new combined entity.

Cementos Argos CEO Juan Esteban Calle said "The combination with Summit Materials, which had the resounding support of its shareholders, allows us to begin a new chapter in the successful history of our presence in the US, and is built on shared values, strategic vision and complementary capabilities.” He added “This new milestone consolidates our objective of continuing to expand our presence in the most attractive construction materials industry in the world for the benefit of our shareholders and all interest groups."

Published in Global Cement News
Tagged under
  • US
  • Summit Materials
  • Grupo Argos
  • Cementos Argos
  • Argos USA
  • Merger
  • agreement
  • board
  • Outlook
  • market
  • GCW642
15 January 2024

Steppe Cement experiences declining sales in 2023

Kazakhstan: Steppe Cement reported US$82.5m in sales in 2023, down by 7.2% year-on-year from US$89m in 2022. The company attributed this to a decline in sales, to 1.6Mt in 2023. It said that it commanded a 14% local market share for the year.

Published in Global Cement News
Tagged under
  • Kazakhstan
  • Steppe Cement
  • Sales
  • Results
  • market
  • demand
  • volumes
  • GCW642
15 January 2024

Iranian cement plants use mazut as fuel amid gas shortage

Iran: 70% of cement plants by capacity were reportedly using the low-quality heavy fuel oil mazut as cement fuel on 13 January 2024. Iranian Labour News Agency has reported that plants transitioned to the fuel from natural gas amid an on-going gas shortage. This has led to a rise in costs and increased pollution from cement plants.

Iran’s Cement Industry Employers’ Association said that the industry’s supply of natural gas has dropped to 7Mm3/yr, from 27M3/yr normally.

Published in Global Cement News
Tagged under
  • Iran
  • Iranian Cement Industry Employers Association
  • costs
  • Emissions
  • Pollution
  • Fuel
  • fossil fuels
  • Gas
  • Shortage
  • GCW642
15 January 2024

Tarmac digitises its rail logistics with Everysens

UK: CRH subsidiary Tarmac has successfully deployed France-based software developer Everysens’ Transport Visibility & Management System (TVMS) in its total operations processing system (TOPS) for rail transport. The TVMS digitally tracks trains, enabling the customer to measure performance, analyse patterns and ensure smooth anticipation and collaboration between stakeholders. Tarmac expects the upgrade to streamline its delivery monitoring and also allow for proactive decision-making.

Tarmac head of rail Chris Swan said "Everysens' integration with TOPS has significantly supported Tarmac to digitise its rail freight operations. Tracking our freight trains has become a lot easier and more precise through digital solutions. With real-time ETA data, we can optimise routes, manage resources, and provide an even higher level of service to our customers. This integration underscores our commitment to staying ahead in technology and embracing digitisation for more efficient and streamlined operations."

Published in Global Cement News
Tagged under
  • UK
  • CRH
  • Tarmac
  • Everysens
  • logistics
  • Transport
  • Rail
  • tracking
  • monitoring
  • digitisation
  • software
  • Industry 40
  • GCW642
15 January 2024

Kazakh cement demand drops slightly in 2023

Kazakhstan: National cement consumption volumes totalled 11.5Mt in 2023. The figure represents a year-on-year decline of 0.9% from 11.6Mt in 2022.

Published in Global Cement News
Tagged under
  • Kazakhstan
  • demand
  • Sales
  • market
  • Consumption
  • Commonwealth of Independent States
  • data
  • GCW642
12 January 2024

Al-Douh Iraqi Company for Cement Industries to upgrade Al Douh cement plant

Iraq: Al-Riyadh Investment Companies Group subsidiary Al-Douh Iraqi Company for Cement Industries plans to expand its Al Douh cement plant’s capacity by 58% to 3Mt/yr. The expansion is part of an upgrade involving the installation of a new kiln, a gas-fired captive power plant and a new waste heat recovery (WHR) plant. The WHR plant will provide 30% of the plant’s energy. The US-based International Finance Corporation (IFC) has loaned Al-Douh Iraqi Company for Cement Industries US$130m on a long-term basis for the project.

The IFC says that it expects the Al Douh cement plant expansion to help boost economic diversification, spur sustainable growth in Iraq and generate 2700 new jobs in Muthanna Governorate.

Published in Global Cement News
Tagged under
  • Iraq
  • Al Douh Iraqi Company for Cement Industries
  • AlRiyadh Investment Companies Group
  • International Finance Corporation
  • IFC
  • Loan
  • development
  • Jobs
  • Expansion
  • Upgrade
  • Kiln
  • Power Plant
  • Electricity
  • Gas
  • Energy
  • Sustainability
  • CO2
  • Waste Heat Recovery
  • GCW642
12 January 2024

Summit Materials shareholders approve merger with Argos USA

US: Summit Materials has announced that its shareholders voted in favour of its proposed merger with Cementos Argos subsidiary Argos USA. Dow Jones Institutional News has reported that the parties expect the deal to conclude on 12 January 2024.

Published in Global Cement News
Tagged under
  • US
  • Summit Materials
  • Grupo Argos
  • Cementos Argos
  • Argos USA
  • Merger
  • shareholders
  • GCW642
12 January 2024

Phinma Corp. to operate Petra Cement’s Zamboanga grinding plant

Philippines: Petra Cement has concluded a manufacturing and sales agreement with industrial conglomerate Phinma Corp. Reuters has reported that the agreement gives Phinma Corp. operations control over Petra Cement’s Zamboanga grinding plant on the island of Mindañao.

Phinma Corp. is already active in Philippine cement production through its subsidiary Philcement, which operates the 2Mt/yr integrated Bataan cement plant in Central Luzon.

Published in Global Cement News
Tagged under
  • Philippines
  • Phinma
  • Petra Cement
  • grinding plant
  • Contract
  • agreement
  • Operation
  • Sales
  • GCW642
12 January 2024

Schwenk Latvija trials carbon capture at Brocēni cement plant

Latvia: Schwenk Latvija plans to build a 750,000t/yr carbon capture system at its 2Mt/yr Brocēni cement plant. The producer has hired Norway-based Capsol Technologies to conduct a CapsolEoP carbon capture feasibility study at the plant. Schwenk Latvija is a member of the CCS Baltic Consortium, which achieved provisional inclusion on the European Commission’s list of Projects of Common Interest in November 2023.

Schwenk Northern Europe CEO Reinhold Schneider said “Checking the best carbon capture methods and how they can be integrated with our production process is a crucial task for us on the way to carbon neutrality, and likely the major investment direction for the coming decade. To that end, we are excited to investigate the energy consumption and the scale of equipment required for carbon capture at the Brocēni plant, if potentially partnering with Capsol for this challenge.”

Capsol Technologies CEO Jan Kielland said “We are excited to work with Schwenk, one of the most innovative building materials producers in Europe, which has constantly improved its processes to reduce emissions since operations started at the Brocēni plant’s new kiln line in 2010” He added “With this feasibility study, we are taking another step towards building a position as the preferred carbon capture technology provider for cement.”

Capsol’s project pipeline includes 10 large-scale cement projects in the sales engineering and engineering studies phase. The total CO2 capture capacity of these projects is 11Mt/yr.

Published in Global Cement News
Tagged under
  • Schwenk Zement
  • Latvia
  • Schwenk Latvija
  • CO2
  • Sustainability
  • carbon capture
  • CCS
  • pilot
  • Capsol Technologies
  • Trial
  • CCS Baltic Consortium
  • European Union
  • European Commission
  • GCW642
  • CCUS
  • decarbonisation
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