Powtech Technopharm - Your Destination for Processing Technology - 29 - 25.9.2025 Nuremberg, Germany - Learn More
Powtech Technopharm - Your Destination for Processing Technology - 29 - 25.9.2025 Nuremberg, Germany - Learn More
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01 February 2022

PowTech trade fair reschedules to 27 – 29 September 2022

Germany: The PowTech powder and bulk solids processing and analytics trade fair in Nuremberg, Bavaria, will now take place on 27 – 29 September 2022, in conjunction with the FachPack packaging trade fair. The organiser decided to postpone the event once again due to continued pandemic-related disruption.

Published in Global Cement News
Tagged under
  • Germany
  • Event
  • Powtech
  • FachPack
  • bulk handling
  • material handling
  • processing
  • delay
  • coronavirus
  • GCW542
31 January 2022

Lucky Cement increases sales and profit in first half of 2022 financial year

Pakistan: Lucky Cement increased its standalone first-half sales in the 2022 financial year by 20% year-on-year to US$2.87bn from US$2.39bn in the first half of the 2021 financial year. This was despite a 5.9% year-on-year decline in cement volumes to 4.7Mt. Domestic cement sales increased by 0.8% to 3.66Mt from 3.63Mt, while exports fell by 20% to 1.07Mt from 1.34Mt.

The Business Recorder newspaper has reported that the company increased its consolidated net profit by 27% year-on-year. Its consolidated profit after tax was US$972m in the first half of the 2022 financial year.

Published in Global Cement News
Tagged under
  • Pakistan
  • Lucky Cement
  • Sales
  • Results
  • volumes
  • growth
  • GCW542
31 January 2022

Udaipur Cement Works to raise US$114m through non-convertible debentures

India: Udaipur Cement Works plans to raise US$114m through an issuance of non-convertible debentures (NCDs). India Infoline News Service has reported that the company will use the money it raises to fund Phase 1 of its on-going expansion project.

Published in Global Cement News
Tagged under
  • India
  • Udaipur Cement Works
  • bond
  • funding
  • growth
  • Investment
  • Strategy
  • GCW542
31 January 2022

Master Builders Solutions launches new admixtures range

Germany: Master Builders Solutions has announced the addition of a new range of admixtures consisting of MasterEase and Master X-Seed to its admixtures portfolio. The company developed MasterEase and Master X-Seed to best enable European cement companies to produce cement of the EU’s new CEM II/C-M and CEM VI Portland-composite cements. Master Builders Solutions hopes that the new products will drive the construction industry’s transition to low-clinker cements and CO2-optimised concrete.

Parent company MBCC Group’s European president Christian Geierhaas said “Providing sustainable solutions is a key factor of Master Builders Solutions’ portfolio and overall strategy. Strong partnerships are essential and support and accelerate the development of significant innovations. We work with major players to continuously develop efficient admixtures to add value to our customers and achieve a long-term sustainable positive effect on the construction industry.” He added “In addition to the usual performance criteria, such as fluidity and compressive strength, our new solutions for our ready-mix customers are characterised by their outstanding robustness. Our admixtures provide an important differentiator by guaranteeing consistently high quality concrete, even upon variation of the cement type and fluctuation of the raw materials used to produce these new, more sustainable cements.”

Published in Global Cement News
Tagged under
  • Germany
  • Master Building Solutions
  • MBCC Group
  • innovation
  • Product
  • range
  • Clinker factor
  • European Union
  • Government
  • CO2
  • Green Cement
  • CEM II
  • CEM VI
  • construction
  • admixtures
  • concrete
  • demand
  • GCW542
31 January 2022

OYAK Cement uses DataRobot’s AI software to reduce CO2 emissions and costs in 2021

Turkey: OYAK Cement says that it eliminated 200,000t of CO2 emissions during 2021 through its use of US-based DataRobot’s AI software. The producer said that the technology enabled it to multiply its alternative fuel (AF) substitution rate by seven an reduce its mechanical failure prediction time by 75%. It added that the software contributed to a US$39m/yr drop in costs.

Published in Global Cement News
Tagged under
  • Türkiye
  • OYAK
  • Portugal
  • Cape Verde
  • software
  • Industry 40
  • Alternative Fuels
  • CO2
  • Sustainability
  • costs
  • Supplier
  • DataRobot
  • GCW542
31 January 2022

CP Concrete Consortium receives US$80m funding for Carbon Pool Concrete technology development

Japan: The CP Concrete Consortium has received US$80m in funding under the New Energy and Industrial Technology Development Organisation (NEDO)’s Green Innovation Funding Programme. The funding will support the consortium’s development of its Carbon Pool Concrete reduced-CO2 concrete production technology until 2032. Hazama Ando Corporation leads the consortium along with 14 other members of the Japanese Ready-Mixed and Returned Concrete Solution Association.

Carbon Pool Concrete technology can be used in the construction of pavements, buildings and other civil engineering structures. Through comprehensive carbon life cycle evaluation, the consortium is attempting to robustly link the use of its technology with carbon market instruments and environmental and social governance infrastructure funding. Its aim is to redefine concrete as a carbon neutral material.

Published in Global Cement News
Tagged under
  • Japan
  • Hazama Ando Corporation
  • New Energy and Industrial Technology Development Organisation
  • Green Innovation Funding Programme
  • funding
  • Finance
  • Grant
  • concrete
  • readymixed concrete
  • Sustainability
  • CO2
  • consortium
  • ReadyMixed and Returned Concrete Solution Association
  • GCW542
28 January 2022

Dalmia Bharat profit takes a nosedive

India: Dalmia Cement (Bharat) has reported a 59.2% decline in its consolidated net profit to US$9.7m for the three months to 31 December 2021. The company had posted a net profit of US$23.6m during the corresponding quarter of 2020. The company reported that its revenue for the quarter was almost unchanged year-on-year at US$363m. The company’s cement sales volumes fell to 5.7Mt during the quarter compared to 5.8Mt in a year earlier.

Dalmia Cement (Bharat) Managing Director and chief executive officer (CEO) Mahendra Singhi said, “Margins during the quarter were impacted due to a significant inflation in the energy prices and market weakness in core regions of our operation. However, beginning in mid-December, things have started to look good. To mitigate the impact of external exigencies, we are working to further strengthen our operational efficiencies and explore avenues for cost rationalisation.”

Published in Global Cement News
Tagged under
  • India
  • Dalmia Bharat
  • Results
  • Energy
  • GCW542
28 January 2022

Vicem But Son Cement contributes strongly in 2021

Vietnam: Vicem But Son Cement has reported that it sold more than 3.8Mt of cement and clinker in 2021, fulfilling 94.1% of its whole year’s target, according to local media. During the year, the firm produced more than 2.8Mt of clinker, fulfilling 96.6% of its plan and over 3.2Mt of cement, fulfilling 91.1% of its target. In financial terms, the company contributed US$6.64m to the state budget last year, surpassing the whole year’s target by 6.7%.

In 2022 Vicem But Son Cement aims to sell 4.0Mt of products, comprising 3.4Mt of cement and 0.6Mt of clinker, as part of its mission to become ‘a leading’ cement producer in Vietnam and in the Southeast Asian region.

Published in Global Cement News
Tagged under
  • Vietnam
  • Vicem But Son Cement
  • Results
  • Clinker
  • Production
  • GCW542
28 January 2022

Nigerian President inaugurates Line 4 at BUA Sokoto

Nigeria: President Muhammadu Buhari inaugurated BUA Group’s new 3.0Mt/yr Line 4 at its Sokoto plant in northern Nigeria on 27 January 2022. The plant is the largest private sector employer of labour in the north-western part of Nigeria.

At the inauguration, the President expressed delight that the Federal Government policies on economic diversification, job creation and creating an enabling environment for businesses to thrive were working. He pledged to continue his administration’s support for ‘serious investors’ to set up businesses that will take advantage of huge reserves of resources in different parts of the country.

The President thanked the Founder of BUA Cement, Abdul Samad Rabiu and the BUA team for the ‘great work they are doing’ in supporting the government's economic diversification and job creation agenda.

Speaking personally, President Buhari added that, as the head of Sokoto State in 1985, he had also inaugurated Line 2 at the same plant, saying, "Today, almost 37 years later, to commission the fourth line is a very special day for me personally. As you all know, one of the key economic pillars of our administration has been to create an enabling environment for businesses to thrive. This is necessary for job creation and indeed, for our economy and national security.”

Published in Global Cement News
Tagged under
  • Nigeria
  • BUA Group
  • BUA Cement
  • Plant
  • Upgrade
  • Inauguration
  • Government
  • Sokoto
  • GCW542
28 January 2022

Dangote completes second tranche of buyback

Nigeria: Dangote Cement announced on 26 January 2022 that it bought 126.75 million of its own shares in the week to 21 January 2022, the second tranche of a buyback programme set to return cash to shareholders. The producer, majority-owned by Africa's richest man Aliko Dangote, aims to buy back up to 10% of its US$41m share capital in tranches. The company now has 16.87 billion shares outstanding.

Published in Global Cement News
Tagged under
  • Nigeria
  • Dangote Cement
  • corporate
  • Shares
  • GCW542
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