26 July 2021
India: Ambuja Cement recorded sales of US$930m in the first half of 2021, up by 41% year-on-year from US$659m in the same period in 2020. Cement sales volumes grew by 36% to 13.5Mt from 9.95Mt. Its profit after tax was US$186m, up by 63% from US$114m.
“This performance resulted from strong growth in sales of premium products and successful execution of efficiency improvement programs which has partly been impacted by rising energy and raw material costs. Synergies under the master supply agreement have significantly benefited both Ambuja and ACC as we leverage our national footprint,” said Neeraj Akhoury, the chief executive officer of Holcim in India and the managing director of Ambuja Cement.
The company also announced that its board has approved a 1.5Mt/yr expansion project at its Ropar grinding plant in Punjab.
AdBri secures natural gas supply from Senex Energy 26 July 2021
Australia: AdBri has awarded a gas sales agreement with Senex Energy to supply up to 11PJ of natural gas to support its manufacturing operations in the south of the country to 2030. Supply will start in January 2023. The long-term, contract sets prices ‘in line with current market levels.’ Adbri chief executive officer Nick Miller said that he was ‘pleased to execute this long-term agreement,’ which gives certainty to both parties moving forward.
Adbri committed to net-zero carbon emissions by 2050 in late May 2021.
Kazakhstan ends cement import ban 26 July 2021
Kazakhstan: The Ministry of Industry and Infrastructural Development has lifted a ban on imports of Portland cement, alumina cement, hydraulic cement and clinker into the country. A three-month ban on such imports began in late April 2021, according to the Trend News Agency. Imported cement must conform to new quality standards introduced by the ministry’s Technical Regulation and Metrology Committee in July 2021.
Bangladesh: LafargeHolcim Bangladesh has unveiled new branding for its Holcim Strong Structure cement product. The subsidiary of Switzerland-based Holcim presented launching the new packaging to distributors and retailers at a virtual event.
Chief executive officer Rajesh Surana said, "LafargeHolcim Bangladesh always emphasises innovation and customer satisfaction. As a part of this, we are unveiling the new look of our Holcim Strong Structure bag. The new look of the bag is really attractive and reflects our stronger brand image and product differentiation. We are committed to providing the best product, for our customers to build their dream homes.”
India: The government of Uttar Pradesh plans to build over 10,000km of new roads in rural areas. The state is presently engaged in the construction of 6500km of road, consisting of 800 separate roads and five bridges. The Times of India newspaper has reported that the latest proposals await the approval of the national government. Some of the roads will be rebuilt using full depth reclamation with cement and other additives.