Taiwan: Taiwan Cement has appointed Emerson Chang appointed as its Chief Information Security Officer. Chang became a director of Taiwan Cement in 2020. Prior to this he worked as the Information Technology (IT) Infrastructure Manager for consumer electronics company Compal Communication for over 10 years.

Nigeria: Joseph Oyeyani Makoju, former managing director of Dangote Cement and advisor to Aliko Dangote, died in hospital in Abuja on 11 April 2022 whilst suffering from a heart condition. He was 73 years old, according to the Daily Independent newspaper. Makoju, an engineer by training, also served as a Special Advisor for Electrical Power under the former Nigerian President Goodluck Jonathan.

Following a career in the Nigerian power sector, Makoju worked internationally for Shell-BP, Blue Circle Cement in the UK and for West Africa Portland Cement Company (WAPCO), part of Lafarge. He joined Dangote Cement in 2009 as Special Advisor to Aliko Dangote and was subsequently promoted to chief executive officer / Group Managing Director in April 2018. He retired from the company in January 2020.

Kazakhstan: Steppe Cement recorded rising revenues in the first quarter of 2022 due to stronger cement volumes and higher prices during the period. The manufacturer posted sales revenue of US$14m in the three months to 31 March 2022, up by 29.6% year-on-year from US$10.8m in the first quarter of 2021.

Sales volumes rose by 6% to 281,968t from 266,007t, while average prices for delivered cement also climbed. Exports from Kazakhstan fell by 50% as new factories opened in Uzbekistan. Imports into Kazakhstan, predominantly from Russia, increased from 6.5% to 8% of the market.

Steppe Cement estimates that Kazakhstan's cement market demand will stay at 11 - 12Mt in 2022 but added that there was is a high degree of uncertainty due to the ‘geopolitical situation’ in the region.

India: HeidelbergCement India has commissioned a 5.5MW solar power plant in its mining area located in Damoh, Madhya Pradesh. The mining operations and clinker plant at Damoh have started receiving electricity from the plant. The solar plant is expected to generate 10GWh/yr, replacing electricity purchased from the grid.

India: Shree Digvijay Cement has executed a share purchase agreement to acquire a 27% stake in a hybrid wind and solar power project from Trinethra Renewable Energy, a power producer, and Continuum Green Energy. It will spend US$1m on the deal, implying a value of US$0.13m/MW. The total installed capacity of the project is 8.1MW.

The hybrid power contract will generate about 37% of total power needed by the plant. When combined with the plant’s waste heat recovery (WHR) system, it will constitute over 65% of the total power needs of the company, representing considerable savings in the cost of power and an improved environment footprint.

Pakistan: Meezan Bank, an Islamic bank, and Burj Solar Energy (BSE) have announced the completion of a US$5m syndicated Islamic finance facility for BSE's portfolio of renewable distributed power generation in Pakistan.

A first tranche of US$3.2m will be used to finance the construction of a 7MW solar power plant for Power Cement on the Karachi-Hyderabad Motorway. The solar power plant will be rented to Power Cement under a 20-year equipment rental agreement to supply the company's cement plant in Nooriabad. It will generate 220GWh solar units for 20 years and, in addition to reducing cost of electricity, will offset 112,000t of CO₂ emissions. The project is expected to start generating power in July 2022.

Mexico: Increases in raw material prices and energy costs, as a result of high inflation levels, will affect the operating margins of cement companies listed on the Mexican Stock Exchange in the first quarter of 2022, according to analysts quoted by CE NoticiasFinancieras.

Jacobo Rodríguez, director of Economic Analysis at Black Wallstreet Capital, explained that, "Despite the fact that companies are slow to pass on the increase in their costs to their final products, we will see pressure on their margins in their results in the first quarter of the year and from now on.”

Heriberto Sandoval, investment advisor at Increase Kapital, said “The cement industry is strongly affected by the increase in energy costs and, considering that the high cost pressures worldwide will be longer lasting than originally thought, this will lead to a decrease in earnings before interest, tax, depreciation and amortisation (EBITDA) this year.”

Mexican cement companies recorded a decline in the price of their shares between January and March 2022. Market leader Cemex led the way, with a 23.59% drop in the value of its shares. The second largest drop was seen by GCC, which lost 9.5% of its value. Cementos Moctezuma’s shares also lost 3.05% of their value in the first quarter of 2022.

Brazil: The Brazilian cement market closed the first quarter of 2022 with a decline in sales year-on-year, according to data from the Brazilian National Cement Industry Association (SNIC). This was in part due to strong rains that affected parts of the country in January and February 2022. In March 2022, however, there was some recovery, with a 0.3% year-on-year increase in sales, to 5.53Mt.

Between January and March 2022, 14.8Mt of cement were shipped within Brazil, compared to 15.2Mt in the same period in 2021, a fall of 2.6%. Total sales, which include exports, totalled 14.91Mt, a 2.2% contraction compared to 15.25Mt in the same quarter of 2021.

SNIC said that the sector’s March 2022 performance had been bolstered by real estate projects, although this was not expected to continue. According to SNIC head Paulo Camillo Penna, self-construction, an important inducer of cement consumption, continues to slow down due to high unemployment

Russia: Akkermann Cement, a subsidiary of USM Holding, has acquired Kaluzhsky Tsementny Zavod (Kaluga Cement Plant) for US$111m from state development corporation VEB.RF. VEB.RF provided a loan for construction of the plant in 2011 but the borrower was acknowledged bankrupt in 2018, according to Prime News. The plant is not yet fully built, but it is anticipated that the 3.5Mt/yr facility will create 400 jobs when commissioned.

“The asset is good,” said Akkermann Cement’s managing director Alexander Ivanov. “The dry process is one of the most efficient and budget-friendly technologies for production of cement, but the conclusion of the plant’s construction will need additional investment.”

Germany: Mexico-based Cemex has joined a consortium with Sasol EcoFT and Enertrag that plans to use CO₂ and hydrogen to produce aviation fuel. The project is part of Cemex’s Future in Action program and is part of its plan to develop a carbon neutral operation at its Rüdersdorf cement plant by 2030. The consortium will source green hydrogen generated from wind and solar energy from Enertrag. The CO₂ will come from the Rüdersdorf cement plant, which will provide 100t/day CO₂ in the project’s initial stages. Sasol will then contribute its technology to produce e-kerosene, which, once certified, can be blended to constitute up to 50% of jet fuel.

The Rüdersdorf carbon neutral alliance includes over 20 start-ups, universities, companies from other industries and authorities working to develop industrial-scale solutions achieve the first carbon-neutral cement plant in the world.

Enertrag is a renewable-energy company based in Brandenburg. It operates utility-scale integrated energy plants in 10 countries. Its plants produce electricity and green hydrogen from wind and solar sources.

Sasol EcoFT is part of Sasol Group. It uses its technology to produce sustainable fuels and chemicals from green hydrogen and sustainable carbon sources, via the Power-to-Liquids process.