Oyak Cement to invest in RDF at Adana plant 12 December 2024
Türkiye: Oyak Cement will invest US$4.59m to increase fuel supply capacity at its Adana plant. The producer will add 180,000t/yr of processing capacity to the existing 36,000t/yr refuse-derived fuel (RDF) production capacity, raising the total to 216,000t/yr. It will also establish a biomass facility with a capacity of 180,000t/yr. The RDF will be prepared at a disposal fuel facility for use in the cement plant.
Korean cement industry hit by rising exchange rates and rail strike 12 December 2024
South Korea: The cement industry in South Korea faces rising costs due to a rising won-to-dollar exchange rate following the attempted impeachment of the president, and transportation disruptions from a railroad strike. This is likely to lead to an increase in coal import costs, according to Chosun Biz news.
The ongoing strike by the National Railroad Workers Union has disrupted cement transportation, though stockpiles in metropolitan areas have mitigated immediate effects. However, prolonged strikes could force production halts.
Kim Seung-jun, researcher at capital market company Hana Securities, said “In the fourth quarter, cement production is expected to decrease by 14% compared to the same period in 2023.”
Nigerien government cracks down on cement price cap violations 12 December 2024
Niger: The Nigerien government has closed nine commercial establishments in Niamey for 15 days for failing to comply with new cement price caps set in October 2024, with any further infringements leading to a five-year administrative closure. The decision follows traders' continued sale of cement above the capped prices despite measures to lower the cost of living, according to the Journal du Niger newspaper.
Minister of Trade and Industry Asman Seydou said “We do not tolerate any breach of the law. Nigerien consumers have the right to benefit from the prices set by the government, and we will do everything in our power to ensure that they are respected.”
The Ministry of Commerce has introduced a reinforced control system, including a hotline for reporting violations. The government has also granted tax exemptions to cement importers and producers to support domestic production.
Villagers oppose Chinese cement plant over alleged illegality 12 December 2024
Zimbabwe: Villagers in Hurungwe District are protesting against a cement and power plant project by WHI-ZIM Construction Material Investments, alleging illegal land seizures, lack of compensation and environmental risks. WHI-ZIM, a joint venture between Lebanmon Investments and West International Holding, has pledged US$1bn for the project in Mashonaland West, promising 5000 jobs and local infrastructure upgrades. However, more than 80 families face displacement without clear relocation or compensation plans, according to Zim Live news. Residents accuse the company of forcibly depositing materials on communal land without legal permits. Chief Chanetsa of Hurungwe endorsed the project on 135 hectares, citing community benefits, including schools, clinics, boreholes and a 45km road.
He said “If there is any field affected within these 135 hectares, we have agreed with the company that it shall fully compensate the affected area.”
Environmentalists and villagers have warned of risks to Magunje Dam, the villagers’ water source located 1.4km from the plant. They allege irregularities in the Environmental Impact Assessment (EIA), which mandates compensation and relocation before work begins.
Residents claim WHI-ZIM ignored EIA conditions and began fencing communal land in July 2024.
A community activist said “The corruption here is blatant. People are being forced off their land while officials look the other way.”
INEOS reaches new milestone in Greensand CCS project 11 December 2024
Denmark: INEOS has announced the final investment decision to permanently store CO₂ from Danish emitters in the Nini oil field in the Danish North Sea. The company aims to begin operations by late 2025 or early 2026, creating the ‘EU’s first operational CO₂ storage facility intended to mitigate climate change.’
The project, Greensand Future, will start by storing 400,000t/yr of CO₂, with a potential to scale up to 8Mt/yr by 2030. CO₂ will be captured from Danish biomethane plants, liquified, transported to Esbjerg port and shipped to the Nini oil field for permanent storage. Investments will exceed US$150m to scale storage capacity.
Mads Gade, head of INEOS Energy Denmark, said “Last year we were the first in the world to succeed in developing a value chain for safe and efficient capture, transport and storage of CO₂ across national borders. Now we are proud to take the next step, building on the learnings from the pilot and aiming to deliver a fully operational commercial project by the end of 2025/early 2026.”
Cemex and SUEZ mark alternative fuel milestone at Rugby cement plant 11 December 2024
UK: Cemex and SUEZ Recycling and Recovery have celebrated the use of 1Mt of alternative fuel at Cemex’s Rugby cement plant since the adjacent SUEZ Malpass Farm facility opened in 2015. The partnership has reduced coal consumption at the plant by over 750,000t, alongside downstream CO₂ savings from supply chain emissions transporting and shipping coal on-site.
SUEZ processes non-recyclable materials at Cemex’s Rugby facility to produce Climafuel. The fuel is derived from sifted and shredded waste from local authorities and businesses in the Midlands, and is used to heat the kiln at the neighbouring Cemex plant. Ash from the Climafuel is also incorporated into clinker production.
Phil Baynes-Clarke, director of cement operations for Cemex UK, said “Since 2013, we have collaborated closely with SUEZ to produce Climafuel, a refuse-derived, non-fossil-based alternative fuel used to heat the kiln in the cement-making process. Over the past decade, Climafuel usage has steadily increased at our Rugby cement plant. Our ultimate goal is to operate the kiln with 100% alternative fuels, and we are getting close to this target.”
Cimpor to invest €1.4bn in Portugal by 2030 11 December 2024
Portugal: Cimpor plans to invest €1.4bn in its Portuguese cement assets by 2030, focusing on infrastructure, technology and new products to address decarbonisation, described as the ‘number one challenge’ by CEO Cevat Mert, according to Noticias Financieras news.
In October 2024, Cimpor announced an investment of €360m in decarbonisation and innovation projects by 2026, including €180m allocated to its Alhandra plant in Lisbon. The company also aims to expand into more markets beyond the 14 it currently serves. It has invested €20-25m in a terminal at the port of Bristol in the UK, and has plans for France and the US. Ignacio Gomez, Cimpor’s commercial manager, cited this shift towards Europe and the US due to stricter environmental requirements.
Cement Australia to acquire BGC Cementitious division 11 December 2024
Australia: Cement Australia, a joint venture between Heidelberg Materials Australia and Holcim Australia, will acquire the cementitious division of the Buckeridge Group of Companies (BGC) in Perth for US$800m, according to The Australian. The acquisition includes a cement grinding unit with ‘significant’ capacities, along with operations in cement, concrete, quarry, asphalt, transport and a materials technology centre. Cement Australia reportedly ‘fended off competition’ from Boral, Adbri and Mass Group in the process. BGC has stated that it retains a ‘significant’ business with about 1000 employees across its other sectors. The acquisition remains subject to regulatory approval, but is expected to close in the second half of 2025.
UK: Nuada and Carbfix have signed a memorandum of understanding to deliver integrated carbon capture and storage (CCS) solutions targeting emissions reduction in the cement, lime, steel, waste-to-energy and bioenergy sectors. The partnership combines Nuada’s carbon capture technology with Carbfix’s underground CO₂ mineralisation method.
Nuada’s technology uses solid sorbents, metal organic frameworks, and vacuum pressure swing adsorption to capture CO₂ from the source while addressing barriers like energy consumption and cost. Carbfix’s storage method accelerates the mineralisation process by injecting CO₂ into basaltic rock, where it reportedly transforms permanently into stone within two years.
Indonesia: Suvo Strategic Minerals has reached a non-binding agreement to form a joint venture (JV) with PT Huadi Bantaeng Industry Park (PT HBIP) to commercialise and manufacture low-carbon cement and concrete products that contains nickel slag and other byproducts. The JV will produce geopolymer cement and related products in Indonesia.
PT HBIP will supply nickel slag and other raw materials from its stockpiles at Bantaeng Industry Park and provide infrastructure, including land, port facilities and utilities like power and water. Suvo’s subsidiary, Climate Tech Cement, will deliver the low carbon cement formulations.
Aaron Banks, Suvo’s executive chair, said “The formation of this partnership is a key milestone for the company as it adds significant scale for potential future operations. The consumption of Portland cement within the broader region is around 300 - 400Mt/yr. Huadi, in alliance with other smelters, produce around 15Mt/yr of nickel slag. This partnership has the potential to lock in the necessary supply chains and give the company the best chance for success in delivering this low carbon cement to market.”
Banks also confirmed that Suvo has started preliminary offtake discussions for its low carbon cement product with ‘large users’ in Indonesia and Southeast Asia.



