29 March 2022

Russia: Switzerland-based Holcim has announced its upcoming exit from the Russian cement market in line with its corporate value ‘to operate in the most responsible manner.’ The Global Cement Directory 2022 records a total of four Holcim cement plants in the country, commanding a capacity of 9.2Mt/yr.

Holcim’s board of directors thanked all employees currently mobilising to provide shelter, essential goods and medical supplies and other support to Ukrainians.

The group had previously suspended new capital investments into the market on 15 March 2022.

Italy: Buzzi Unicem’s earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 1.8% year-on-year in 2021 to Euro795m. Despite this, its net profit for the year declined by 3.2% year-on-year to Euro542m.

In 2022, Buzzi Unicem forecasts a 10% full-year EBITDA decline due to the impacts of the Russian invasion of Ukraine.

India: Shree Cement has commenced commercial production of clinker with the newly commissioned Kiln 3 of its Raipur cement plant in Chhattisgarh. The kiln has a production capacity of 4Mt/yr.

US: The California Department of Transportation (CalTrans) has approved the use of Portland limestone cement (PLC) in its projects. The California Nevada Cement Association (CNCA) says that the move has the potential to eliminate 25,500t/yr of CO₂ emissions.

The CNCA plans to achieve cement and concrete carbon neutrality by 2045 through three priority actions. These are investment in promising and critical long-term technologies (crucially carbon capture, utilisation and storage (CCUS) technologies), increased alternative fuel (AF) substitution and the acceptance of PLC for CalTrans projects. Thus, the latest CalTrans decision marks the establishment of one pillar of the CNCA’s ambitious plan for net zero.

Australia: James Hardie Industries says that it has acquired land in Melbourne, Victoria, on which it plans to establish a fibre cement board plant.

Interim CEO Harold Wiens said "Adding a manufacturing site in the State of Victoria enables James Hardie to continue to meet the strong demand for our high-value building solutions in the Asia Pacific region. As we continue our strategic focus on marketing directly to the homeowner and commercialising market-led innovations, this site will help us not only meet this demand but enable the manufacturing of new innovations and existing high-value products."