
04 November 2022
Italy: Cementir Holding sold 8.2Mt of cement and clinker during the first nine months of 2022, down by 1.7% year-on-year from nine-month 2021 levels. China, Denmark, Egypt and Türkiye all contributed to the decline. Group nine-month revenues were Euro1.26bn, up by 25% year-on-year. Third-quarter 2022 revenues rose most sharply, by 45%, in Türkiye, followed by the US (38%), the Nordic and Baltic region (20%) and Belgium (17%). During the third quarter of the year, operating costs increased by 36% to Euro365m from Euro268m. Raw materials, fuels and transport costs all contributed to the rise.
In the first nine months of 2022, the group recorded earnings before interest, taxation, depreciation and amortisation (EBITDA) of Euro238m, up by 11% from Euro215m during the first nine months of 2021.
Costs growth lowers JK Lakshmi Cement's profit in first half of 2023 financial year 04 November 2022
India: JK Lakshmi Cement recorded consolidated sales of US$367m during the first half of its 2023 financial year. The figure corresponds to 19% year-on-year sales growth from US$307m in the first half of the 2022 financial year. Nonetheless, costs growth of 23% to US$338m from US$275m caused the company's net profit to drop by 21% to US$21.5m from US$27.1m.
Jaykaycem commissions grinding unit of Panna cement plant 04 November 2022
India: JK Cement subsidiary Jaykaycem has commissioned the 2Mt/yr grinding unit of its upcoming Panna cement plant in Madhya Pradesh. The producer expects to commission the plant's clinkerisation unit later in the 2023 financial year.
Holcim New Zealand takes receipt of Christian Pfeiffer ball mill 04 November 2022
New Zealand: Holcim New Zealand says that it has received a mill for use in its upcoming Auckland cement replacement products import and distribution facility. The company opted for a Christian Pfeiffer ball mill for the project.
Holcim New Zealand says that alternative materials imported via the Auckland facility will eliminate 100,000t/yr of cement from New Zealand's 1.6Mt/yr consumption. The company expects that this will cut 78,000t/yr of CO2 emissions.
Police and protestors clash at ACC Masturi cement plant hearing 04 November 2022
India: A violent disturbance brought an end to a public hearing over ACC's plans to establish a new integrated cement plant in Masturi, Chhattisgarh, on 3 November 2022. Police reportedly used 'mild force' to subdue protestors who claimed that ACC has acted illegally. The Free Press Journal has reported that land recorded by ACC as 'barren' in document submissions is allegedly used by residents for cultivation of rice and other crops.
Limestone mining has already commenced at the Masturi site.