10 May 2021
India: Aditya Birla subsidiary UltraTech Cement’s net sales rose by 6% year-on-year to US$6.04bn in its 2021 financial year from US$5.70bn in the same period in 2020. Its cement sales volumes increased by 5% to 80.2Mt. The company’s profit before interest, depreciation and tax grew by 24% to US$1.68bn from US$1.35bn. It attributed the result to ‘prudent’ working capital management and control on cash flows aided by its overheads control programme.
The producer forecast an increase in cement consumption from pent-up urban construction demand in the 2022 financial year.
Pakistan: The All Pakistan Cement Manufacturers Association (APCMA) says that the country’s installed cement production capacity will reach 99Mt/yr within the next few years, with most of the planned work to be completed by mid-2023. The Dawn newspaper has reported that producers are launching new cement plant projects and expanding existing plants with a total new capacity of 18Mt/yr. Upon completion, the current projects will increase domestic cement production capacity by 43% to 99Mt/yr from 69Mt/yr. 94Mt/yr of the new capacity is situated in Northern Pakistan and 5.0Mt/yr in Southern Pakistan.
APCMA says that the reason behind the new expansion cycle is estimated annual sales growth of 10 – 15% from 2021.
Schwenk seeks purchase of Akmenes Cement 10 May 2021
Lithuania: Germany-based Schwenk Zement has sought to increase its stake in 50% subsidiary Akmenes Cement to 97%. The company is also seeking the acquisition of a 75% stake in limestone supplier Kalcitas. The producer took over Mexico-based Cemex’s stake in Akmenes Cement in 2019.
Italy: Buzzi Unicem’s first-quarter consolidated net sales fell by 1% year-on-year to Euro683m in the first quarter of 2021 from Euro689m in the first quarter of 2020. Cement sales volumes were 6.2Mt, up by 3% from 6.0Mt. Adverse weather caused slight sales declines in Europe and North America. The company called full-year growth prospects for 2021 ‘encouraging.’
Germany: ThyssenKrupp Industrial Solutions has launched GooVi, a digitised vibrating screen with an ‘intelligent’ control system. The supplier says that the screen offers increased efficiency, reduced weight and height. It combines the control system with a new patented drive technology. The product’s name plays on the title of the Beach Boys’ 1967 hit song Good Vibrations.
Head of product line screens and feeders Achim Schönfelder said, “With the GooVi, all vibration modes (circular, linear and elliptical) can be realised in one machine, allowing flexible adaptation to changing job requirements and material properties. In addition, the low height of the GooVi facilitates simple installation in existing plants.”