US: Australia-based Boral Limited says that as part of the review of its North American Fly Ash business, it is considering options such as a potential joint venture, a strategic alliance, divestment to a third-party or continued ownership. Boral has appointed advisors to support an assessment and intends to release an update by August 2021 or earlier if appropriate.
“We have conducted a detailed study of the US fly ash industry and remain confident in the long term demand dynamics for the industry, including significant incremental demand growth potential from the US Government’s proposed new infrastructure program,” said Boral’s chief executive officer and managing director Zlatko Todorcevski. “New opportunities for supply exist from harvesting landfills, imports and natural pozzolans, which we expect will more than offset the decline in fresh fly ash supply as the US transitions away from coal fired power generation.”
Inform starts joint venture in Chile
Chile: Inform has set up a joint venture with its Chilean partner, Workforce Solutions. Previously, Workforce Solutions previously acted as a local partner for the German-based software development and business process optimisation supplier. Inform says it will invest ‘significantly’ in the new joint venture and acquire shares, while the remaining stock will be held by former shareholders and executives of Workforce Solutions. The new company has officially been operating as Inform Software since mid-April 2021. It has its headquarters in Santiago de Chile.
“We see the Latin American countries as a strategically important growth market in which we are happy to invest,” said Andreas Meyer, chief executive officer of Inform. “As we move forward with this joint venture, we will expand personnel resources for sales, project delivery and customer support. It will enable us to enhance our service to our customers in Latin America and further expand our market position.”
The joint venture is intended to allow Inform to expand its presence in Latin America across all of its business areas including logistics, transportation, workforce management, airline and airport operations and fraud prevention. In addition, the company will continue to work with its two longstanding partners Portia LAC in Brazil and Quantomm Tech in Colombia, which will continue to assist in serving Inform’s customers. Inform’s artificial intelligence software products are already used in Latin America by companies including Volkswagen México, LATAM Airlines, Zurich Insurance Mexico, Zurich Insurance Argentina, Brazilian retail company Via Varejo and Chilean Mercedes-Benz importer Kaufmann.
Companhia Nacional de Cimento acquires CRH Brasil
Brazil: Companhia Nacional de Cimento (CNC), part of Italy-based Buzzi Unicem’s 50% subsidiary BCPAR, has acquired CRH Brasil following approval by the Brazilian antitrust authority (CADE). The deal was originally agreed for US$218m although changes in the financial positions of the acquired companies changed this. Buzzi Unicem supplied CNC with US$242m to support the deal.
CRH Brasil’s assets included three integrated cement plants and two grinding plants in the south-east of the country. The company sold approximately 2.8Mt of cement in 2020.
CarbonBuilt and CarbonCure Technologies win carbon capture and storage design competition
US/Canada: XPrize has named CarbonBuilt and CarbonCure Technologies as the winners of carbon capture and storage (CCS) design prizes worth US$20.0m. The competition ran at two power plants in Wyoming, US and Alberta, Canada. CarbonBuilt won the contest at the Wyoming plant with a concrete-curing based system. The concrete produced has a lower carbon footprint than conventionally produced concrete, according to XPrize. CarbonCure Technologies won the Alberta contest with a design based on carbonating the water used in washing cement trucks. This reportedly formed a concrete-strengthening slurry.
XPrize has partnered with Elon Musk and the Musk Foundation to launch a second round of CCS design prizes worth a total US$100m.
Sagar Cements considering merger with Sagar Cement (R)
India: The board of directors of Sagar Cements is considering merging its wholly-owned subsidiary Sagar Cement (R) (SCR) into the company. A meeting has been scheduled for the company’s board of directors to consider the matter in late April 2021. SCRL, formerly BMM Cements, operates the 1.0Mt/yr Yadiki Mandalam cement plant in Anantapur district, Andhra Pradesh.
Vietnam: The Provincial Department of Trade and Industry (PDTI) of the northern province of Quang Ninh has announced a second-quarter cement production target of 879,000t in 2021. Viet Nam News has reported that the figure represents a significant increase as part of a local plan to increase gross regional domestic product (GRDP) by 10% in 2021. In the second quarter of the year, the PDTI is targeting US$2.1bn-worth of private investment in the provincial economy.
US: A research team at Washington State University has developed admixtures using chitin derived from seashells. The Moscow-Pullman Daily News has reported that the substance enhances concrete’s performance when substituted for some of the cement content. The lower clinker factor may also decrease net emissions. Work has shown that lower volumes of the supplementary material are required compared to existing admixtures.
Tanzania: Tanzania Portland Cement has announced plans to invest a total of US$15.0m in modernising its 2.0Mt/yr-capacity Tanzania Portland Cement plant in 2021. The Tanzania Daily News newspaper has reported that the producer says its main challenge is cargo delays at the port of Dar es Salaam. This has caused concern for potential investors, according to the company. Senior commercial manager Danford Semwenda lobbied the government to help solve the problem.
Kazakhstan: Steppe Cement’s cement sales in the first quarter of 2021 were US$11.3m, up by 22% year-on-year from US$9.27m in the first quarter of 2020. Volumes increased by 13% to 266,000t from 236,000t. The company said that it remained close to full capacity utilisation. It says that it increased its Kazakh cement market share to over 13%. The market grew by 12% year-on-year in total. The producer reported an 11% price rise and constant levels of tariffs and rental expenses.
Steppe Cement forecast an increase in domestic cement demand due to government infrastructure and housing projects.
Sika expands capacity at Doha concrete admixture plant
Qatar: Switzerland-based Sika has expanded concrete admixture production capacity at it Doha admixture plant. The company has also announced the start of epoxy resin production in the country. It says that its present investments target growth to serve the expanding regional construction market. Numerous major projects and the expansion of energy and utilities infrastructure have driven a growing demand. Qatar’s state sourcing policy further increases consumption of building materials produced in the country.
Europe, Middle East and Africa regional manager Ivo Schädler said "Our latest investment in Qatar positions us for continued growth and strengthens our competitiveness in the country. In expanding our production, we are anticipating a substantial increase in demand and volumes for our high-value adhesives and flooring solutions. Our building sector customers will benefit from an expanded and locally produced portfolio of Sika solutions which, in addition, eliminates long-distance transportation."