21 October 2021
Tangshan Jidong Cement to incorporate BBMG East Cement 21 October 2021
China: Tangshan Jidong Cement has received the approval of the China Securities Regulatory Commission (CSRC) to incorporate its subsidiary BBMG East Cement. Tangshan Jidong Cement is a joint venture formed by BBMG and Jidong Cement in early 2019.
UK: The government has awarded funding to the planned HyNet North West low-CO2 industrial cluster. The cluster will reduce industrial CO2 emissions by 10Mt/yr in North Wales and North West England. It includes a planned 800,000t/yr carbon capture installation at Hanson UK’s Padeswood cement plant in Flintshire. The producer is currently carrying out a feasibility study at the plant. Parent company HeidelbergCement said that the project will play a ‘critical role’ in the UK’s transition to net zero CO2 emissions by 2050.
Chair Dominik von Achten called the decision “A well-deserved recognition for the HyNet consortium and our colleagues working on carbon capture and storage (CCS) in the UK as part of this collaborative project. Cutting CO2 emissions is a key priority for us, and we are delighted to add our Padeswood cement works to our growing range of CCS activities, as a key part of our pathway to reaching net zero.”
Kenya: National Cement has awarded a contract to Sinoma International Engineering for the construction of power plants with a total capacity of 35MW. Gelonghui News has reported that the supplier will provide a biomass-fuelled power plant and waste heat recovery (WHR) plant with a combined capacity of 10MW and a further 25MW power station. It previously delivered a WHR system for the producer in 2019.
HeidelbergCement India’s sales rise as profit falls in second quarter of 2022 financial year 21 October 2021
India: HeidelbergCement India’s results in the second quarter of the 2022 financial year showed an 11% year-on-year rise in sales to US$76.1m from US$68.5m in the corresponding quarter of the 2021 financial year. Dion News Service has reported that the company’s net profit for the quarter was US$7.96m, down by 4.6% from US$8.34m. Its operating costs were US$61.5m, up by 19% from US$51.8m.
JK Lakshmi Cement’s Durg cement plant resumes cement dispatches 21 October 2021
India: JK Lakshmi Cement resumed dispatches of cement as usual from its Durg cement plant in Chhattisgarh on 19 October 2021. India InfoLine News has reported that this followed the ending of a strike by the Chhattisgarh Cement Transport Association (CTA) on 18 October 2021.
The company said “The illegal strike called by the CTA has since been called off by them. It is hoped that normality will be restored shortly.”