Lucky Cement wins KCCI Platinum Export Trophy 27 July 2023
Pakistan: Lucky Cement has won the KCCI Export Trophy for its performance in the cement export market during the 2021 financial year. The News International newspaper has reported that the company relied on its 24,000t-capacity Karachi cement terminal to ship cement to markets across South Asia, Southeast Asia, the Middle East and Africa.
Chief executive officer Muhammed Ali Tabba said "This modern facility allows the company to excel in exporting break bulk and containerised shipments." He continued "Our focus is on implementing advanced manufacturing technologies to enhance technical capabilities and operational efficiencies. A diversified business portfolio has helped us strengthen the country's industrial base, enabling us to develop a larger manufacturing footprint and seize opportunities for growth both in local and international markets."
India: Shree Cement’s sales amounted to US$609m during the first quarter of the 2024 financial year, up by 19% year-on-year from US$512m during the first quarter of the 2023 financial year. Its net profit rose by 84% to US$70.8m from US$38.5m.
The producer also approved plans to spend around US$850m on four new cement plants. These include two 3.65Mt/yr clinker plants, with waste heat recovery (WHR) systems, at Pali in Rajasthan and Kodla in Karnataka. Two additional grinding plants will also be built at Etah in Uttar Pradesh and Bangalore in Karnataka. All four units will have a cement production capacity of 6Mt/yr. It intends to support its expansion plans by raising US$122m from issuing non-convertible debentures (NCDs).
Neeraj Akhoury, the managing director of Shree Cement, said, “We have started the trial commissioning of our new unit at Purulia, West Bengal and are confident to commence operations of new plants at Nawalgarh in Rajasthan and Guntur in Andhra Pradesh within scheduled timelines. We are also happy to announce our next phase of capacity expansion projects of 12Mt that will take the group’s cement capacity to 72.4Mt.”
Mexico: GCC’s sales rose by 15% year-on-year to US$608m during the first half of 2023. The company’s cement volumes rose by 6.9% in Mexico, but fell by 11% in the US. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 27% to US$196m.
GCC’s chief executive officer Enrique Escalante said “Despite persistent weather-related challenges during the quarter, GCC achieved year-on-year growth in both top and bottom-line, attributable to the successful execution of our pricing and cost strategies, along with our focus on operational excellence.” He added “We remain vigilant in monitoring demand and economic dynamics in the US, planning to ensure we’re positioned to capture opportunities, while we take advantage of the momentum we’re seeing in the Mexican market.”
Breedon Group’s sales rise in first half of 2023 26 July 2023
UK: Breedon Group recorded sales of US$958m during the first half of 2023, up by 11% year-on-year from US$866m during the first half of 2022. The producer’s cement sales rose by 18% in value, despite an 8.3% drop in sales volumes to 1.1Mt from 1.2Mt. Its earnings before interest and taxation (EBIT) fell by 5% to US$80.2m.
UK: Private equity firm BGF has invested US$4.39m in carbon capture specialist Nuada. Nuada, formerly called MOF Technologies, is currently supplying its technology for a project at Buzzi’s Monselice cement plant in Italy. The system applies metal-organic framework (MOF) filters and vacuum swing absorption. Other partners on the project include Cementir Holding and Heidelberg Materials.
Nuada’s co-chief executive officer Conor Hamill said “There is no net zero without carbon capture. However, incumbent solutions are notoriously costly and energy intensive. Investment from BGF will further catalyse the scale-up and deployment of our technology, ensuring we are primed to efficiently decarbonise heavy industries.”
BGF’s investment is an extension to Nuada’s US$5.81m Series A funding round, which was co-led by the Clean Growth Fund and Barclays’ Sustainable Impact Capital portfolio.
Lafarge Canada’s Richmond cement plant completes transition to 100% ECOPlanet cement production 26 July 2023
Canada: Holcim subsidiary Lafarge Canada has successfully transitioned its Richmond cement plant to exclusively producing ECOPlanet reduced-CO2 cement. The company says that cement produced at the plant in British Columbia will offer at least 30% reduced CO2 emissions compared with ordinary Portland cement (OPC).
Lafarge Canada West president and chief executive officer Brad Kohl said “This is a proud moment for our organisation. This conversion in Lafarge’s Western Canada division highlights our strong commitment to accelerating green growth."
Nepal: Cement and clinker exports to India totalled 1.04Mt throughout the 2023 financial year, which ended on 15 July 2023. The República newspaper has reported that three separate cement companies exported their products during the year. Palpa Cement Industry began exports in July 2022, followed by Arghakhachi Cement in October 2022 and Balaji Cement in June 2023.
Total Nepalese export volumes to India were 607,000t of cement, worth US$2.74m, and 397,000t of clinker, worth US$3.21m.
Death at My Home Industries’ Huzurnagar cement plant 26 July 2023
India: Police are investigating an incident in which a construction worker died and two others were injured at My Home Industries’ Huzurnagar cement plant in the Suryapet District of Telangana. Workers were laying concrete for a new medium-rise building on the site on 25 July 2023, when a pipe conveying concrete became congested. Three workers succeeded in clearing the blockage, however this caused a powerful burst of concrete, knocking them into a lift, which fell to the ground floor. The Indian Express newspaper has reported that 32 year-old Arvind Singh died, while his colleague Raja Singh is receiving treatment for a head injury in Hyderabad. The third worker, Hassan Jamal, has since been discharged from hospital.
Police have reportedly filed charges of negligence against the contractor responsible for the site.
Holcim Deutschland secures government funding for Höver cement plant carbon capture project 25 July 2023
Germany: The Ministry for Economic Affairs and Climate Action has approved funding for Holcim Deutschland's Höver cement plant carbon capture project. The test phase of the project is scheduled to commence in early 2024. Holcim Deutschland, together with project partners Cool Planet Technologies and Helmholtz-Zentrum Hereon, carried out preliminary testing in 2022. They reported 'positive' results in May 2022.
Plant manager Stephan Hinrichs said "The funding commitment from the federal government is great news for Holcim and our partners. We are doing real pioneering work for the entire cement industry, and look forward to the next step on our way to becoming a climate-neutral company."
France: Vicat and Materrup plan to build their first reduced-CO2 MCC1 raw clay cement plant at Carbonne in Occitanie. The plant will have a capacity of 60,000t/yr. Vicat and Materrup plan for their joint venture to subsequently build three further units across France.
Vicat's chair and chief executive officer Guy Sidos said "This new structure will enable Vicat to provide complementary very low-carbon solutions and meet the different needs of players in the construction sector. Development prospects are promising."



