10 March 2022
Russia: Germany-based HeidelbergCement has suspended ‘all further investments’ in its operations in Russia following the country’s invasion of Ukraine. According to its website, the group supplies the Russian cement market from three local cement plants and two terminals. CEO Dominik von Achten said that a ‘large part’ of HeidelbergCement’s Russian production capacity is presently in winter shutdown.
Von Achten acknowledged the company’s responsibility towards its employees in the country, who he said have no part in the apparent Russian aggression and on-going war crimes in Ukraine. He said “We are in constant exchange with our local workforce to protect them and are closely monitoring the situation on a day-by-day basis.”
Raysut Cement to raise up to US$600m 10 March 2022
Oman: Raysut Cement has announced plans to issue a secured rated debt instrument to raise up to US$600m. Reuters News has reported the instrument will raise funds for the company’s growth initiatives and existing bilateral debt repayments. Raysut Cement plans to carry it out in two tranches.
US clinker production rises very slightly in 2021 10 March 2022
US: Cement companies produced 79.2Mt of cement in 2021, according to United States Geological Service (USGS) data. The figure corresponds to a 0.1% year-on-year rise from 79.1Mt in 2020. Texas contributed 10.7Mt, 13% of the production total, followed by Missouri with 8.97Mt (11%) and California with 8.94Mt (11%).
Saudi Arabia: Al Kifah Ready-Mix & Blocks (KRB) has announced the upcoming launch of its ConGreen reduced-CO2 concrete products range at the Big 5 Saudi construction summit on 28 – 31 March 2022. ConGreen concretes replace clinker with lower-carbon materials such as pozzolan and use Canada-based Carbon Cure Technologies’ embedded recycled CO2 technology to reduce its carbon footprint by up to 30% compared to conventional ordinary Portland cement (OPC) concretes. In addition to this, KRB says that ConGreen concretes also provide improved workability and pumpability properties, as well as being highly durable, with high passing and finishability. They have very low rapid chloride permeability (RCP), water absorption and water permeability properties and low heat of hydration.
General Manager Nigel Harries said “We are committed to driving energy efficiency and addressing the global emission challenges. We aim to help build a better community and environment-friendly facilities by producing high-quality concrete, such as ConGreen, that has a reduced environmental impact and is characterised by its high performance, durability and sustainability, with a low carbon footprint as compared with standard concrete.”
UK: The Mineral Products Association (MPA) has urged the the UK government to reduce energy costs, maintain mineral products companies’ access to low-tax red diesel and to deliver on planned infrastructure investments. The association says that high costs already threaten its member’s competitiveness against EU-based rivals. The Ukraine crisis has caused energy costs to rise, while mineral products companies expect their rebate for red diesel to end on 1 April 2022. The MPA has asked the government to delay the end of the red diesel rebate. It also called for transparency on the delivery of the government’s infrastructure plans.
CEO Nigel Jackson said “The high ambitions the government has set out for the UK’s infrastructure and housing rely on our members’ ability to supply aggregates, asphalt, cement, concrete and other essential materials You can’t build with thin air – construction needs materials and producing materials requires long-term planning and investment, so our industry needs clarity on what’s in the pipeline for the next 10 or 20 years, not the next 10 months. There is a widely recognised maxim ‘if you can’t grow it, you have to dig it.’ Clearly, this is not as recognised by government given the exemptions and subsidies some other industries enjoy. We also provide high-skill, well-paid jobs in regions most in need of economic growth.” Jackson concluded “Our overriding aim is for our sector to deliver for the UK by having economic conditions that reduce uncertainty and boost confidence to encourage investment for growth.”