
08 June 2021
Bangladesh: MI Cement, also known as Crown Cement, has revived plans worth US$90m to add a sixth production line at its cement grinding plant in Munshiganj. The upgrade will bring the unit’s production capacity to 19,280t/day from 11,000t/day. The initiative was originally announced in early 2019.
Ghana: Residents of the McCarthy Hill district in Accra have launched a protest against China-based Empire Cement’s planned McCarthy Hill cement plant. The Daily Guide newspaper has reported that protestors allege that the proposed plant would contaminate water which flows through active salt mines. They have also complained about potential dust emissions from the site. So far the company has broken ground on the project and three silos are in place.
Spain: The total CO2 emissions of cement and clinker production in Spain fell by 14% year-on-year in 2020. The El Economista newspaper has reported that a report by the Sustainability Observatory recorded that 10 Spanish companies were responsible for emitting 51Mt of CO2 in 2020 or 56% of the national total.
US: The Boston Globe newspaper has reported that the single biggest threat to the US government’s planned industrial reinvigoration based around a US$2.2tn federal infrastructure spending plan is a shortage of resources. The newspaper named a lack of workers and cement mills as particular concerns. It reported that the National Association of Home Builders has called for tariffs to be cut for certain key building materials such as lumber and that more cement should be imported.
Vulcan to buy US Concrete for US$1.29bn 08 June 2021
US: Aggregate producer Vulcan Materials Company has agreed to buy US Concrete for US$1.29bn.The transaction has been unanimously approved by the boards of directors of both companies and is expected to close in the second half of 2021, subject to US Concrete shareholder approval, regulatory clearance and other customary closing conditions.
Tom Hill, Chairman and chief executive officer of Vulcan Materials Company, said, "US Concrete is an important Vulcan customer in a number of key areas, and this transaction is a logical and exciting step in our growth strategy as we further bolster our geographic footprint.”
US Concrete runs 27 aggregates operations serving California, Texas and the Northeast US. It shipped 12.6Mt of aggregates in 2020. Vulcan also said that the acquisition represented a ‘natural’ addition to Vulcan's business. The deal also adds US Concrete’s ready-mixed concrete operations to Vulcan's existing concrete business.
China Concrete appeals against licence rejection for Yau Tong concrete plant cement storage facility 08 June 2021
China: China Concrete has appealed against the Environmental Protection Department’s decision to reject its application to renew its licence to operate the cement storage facility at its Yau Tong concrete plant in Hong Kong. The concrete producer said that the rejection was both unfounded and unconventional. The Harbour Times newspaper has reported that the company alleged that state-owned local property developers Minmetals Limited, Qingjian Realty and Yuexiu Property pressured the authority.
Managing director Bono Tsang said, “As early as May last year, we expressed to the government our willingness to relocate the plant despite a huge investment cost, and we proactively proposed tentative locations. Our idea is to build a high-tech, pollution-free and environmentally friendly indoor concrete plant. It will become a model for similar plants around the world.”
LafargeHolcim joins World Ocean Council 08 June 2021
Switzerland: LafargeHolcim has celebrated World Ocean Day 2021 by joining the World Ocean Council (WOC). The organisation brings together companies from different sectors to work towards sustainable ocean stewardship. Membership continues LafargeHolcim’s efforts towards the protection of coastal ecosystems, such as its deployment of bioactive concrete for habitat restoration. The company has collaborated on 30 sustainable port projects. It is also helping to tackle plastic pollution through its waste management subsidiary Geocycle.
Chief sustainability and innovation officer Magali Anderson said, “I am extremely proud to formalise our commitment to sustainable ocean stewardship by joining the World Ocean Council. Working with the Council’s members, we expect to scale up our actions to preserve our oceans.”