Nghi Son Cement Corporation exports cement to US 18 May 2023
Vietnam: Nghi Son Cement Corporation has despatched its first batch of cement to customers in the US. The shipment consisted of 31,500t of cement produced at the company's Thanh Hoa cement plant. Việt Nam News has reported that the producer moved into the US market due to declining cement demand domestically.
Nghi Son Cement Corporation is a joint venture of Vietnam Cement Corporation (Vicem), Japan-based Taiheiyo Cement and Japan-based Mitsubishi Materials.
India: Sagar Cements says that its subsidiary Andhra Cements will relaunch the clinker line at its Durga cement plant in Andhra Pradesh before July 2023. The Hindu BusinessLine newspaper has reported that the producer previously relaunched grinding operations at the plant in April 2023.
Sagar Cements plans to invest a further US$56.8m in Andhra Cements’ Durga cement plant to increase its installed cement capacity by 67% to 3Mt/yr and its clinker capacity by 39% to 2.3Mt/yr before 2025.
Philippines: San Miguel Corporation’s cement sales more than tripled year-on-year to US$183m during the first quarter of 2023, from US$57.1m during the first quarter of 2022. The group’s cement business contributed 3% of consolidated sales, compared to 1% in the first quarter of 2022. Overall, group sales rose by 9% to US$6.17bn, the Philippine Daily Inquirer newspaper has reported.
San Miguel Corporation completed its acquisition of Eagle Cement in December 2022.
Vietnam: The Vietnam National Cement Association (VNCA) expects members to record a 13% drop in their gross profit in 2023 due to a 3% rise in electricity prices. At the same time, it expects cement demand to fall due to the slowing of residential construction activity. During the first quarter of 2023, Vietnamese cement exports to China fell by 90% in value terms.
Việt Nam News has reported that electricity costs constitute 15% of operating expenses for the Vietnamese cement sector.
France: Cemex France and Ecocem have signed a deal to collaborate on the development of reduced-CO2 concrete development at 10 Cemex France ready-mix concrete batching plants. The partnership will explore methods that include the use of supplementary cementitious materials in place of clinker. Cemex hopes that the collaboration will help to realise its goal of a 55% CO2 emissions reduction across its European operations by 2030.
Cemex Western Europe vice president materials and Cemex France president Michel Andre said “Cemex continues to reinforce its commitment to advancing the sustainability agenda with the announcement of this extended partnership with Ecocem. We know that if we are to achieve our global ambition of operating as a net-zero business by 2050 we must prioritise exploring innovation and new technologies with like-minded companies who share our dedication to leading the industry’s transition to a lower carbon and circular economy.”
Flender enlarges Voerde production plant 17 May 2023
Germany: Flender has officially completed construction work on an expansion at its site in Voerde with the opening of its new logistics and storage hall for the assembly of large gear units. The hall has been built on an open area on the company's premises covering almost 8000m2. The new building is part of the drive manufacturer’s investments to be able to handle the expected growth in the global wind energy business and to drive the energy transition in Europe. In addition to large components for wind power gearboxes, the logistics hall will also serve its industrial business. The company has also leased another 10,000m2 hall, directly next door to its Voerde unit, to further support its logistics.
Flender’s chief executive officer Andreas Evertz said "With the new storage areas, we are making our logistics processes sustainable and thus reducing a considerable part of the previous transport routes and the associated CO2 emissions. Components that were previously stored elsewhere can now be stored centrally and made available for assembly more quickly with optimised transport routes.”
Flender’s Voerde plant is the company’s largest in Germany with an area of 276,000m2. It employs 1500 people.
Mexico: Cemex's waste management subsidiary Regenera has signed a deal with the municipal council of Huajuapan de León to receive the latter's sorted non-recyclable municipal solid waste (MSW). Under the deal, Regenera will receive up to 6000t/yr of MSW, which it will supply to Cemex's Tepeaca cement plant in Puebla.
Canada: Lafarge Canada signed a tri-partite agreement with Dimensional Energy and Svante Technologies for the construction of a synthetic hydrocarbons plant to use captured CO2 from its Richmond cement plant on 15 May 2023. The upcoming plant will convert the Richmond cement plant's 1t/day captured CO2 emissions into 1.5 barrels/day of synthetic hydrocarbons. The producer, a subsidiary of Holcim, selected this particular solution due to the lack of CO2 transport and sequestration infrastructure in the area of British Columbia where the Richmond plant is located. The project marks Phase 3 of the installation of Lafarge Canada and Svante's carbon capture project at the Richmond plant.
Holcim's Western Canada regional head of sustainability and environment, Stephanie Voysey, said "Carbon capture is an important lever in our net-zero roadmap. However, for a carbon capture project to succeed, it must be paired with permanent geologic sequestration or utilisation technology that will permanently isolate the CO2 in a specific media or product. If this pilot can be scaled to capture and use all facility emissions, it would be a first-of-its-kind project for Lafarge and advance export and global adoption of this technology.”
India: UltraTech Nathdwara Cement has commissioned its upgraded Neem Ka Thana grinding plant following an 800t/yr capacity expansion. The project expanded the plant's capacity by 57% to 2.2Mt/yr.
The Hindu Business Line newspaper has reported that parent company UltraTech Cement's 22 integrated cement plants, one clinker plant and 27 grinding plants give it an 80% market reach in India.
Australia: James Hardie's sales were US$3.77bn during the 2023 financial year, up by 4% year-on-year from 2022 financial year levels. Its flagship North America fibre cement segment increased its sales by 9% to US$2.79bn, its Asia Pacific fibre cement segment increased its sales by 1% to US$527m and its Europe Building Products segment increased its sales by 3% to US$470m.
James Hardie's CEO, Aaron Erter, said “We delivered full-year adjusted net income and operating cash flows of US$606m and US$608m respectively. I am pleased with how the team adjusted during the 2023 financial year to prepare the company to thrive through this cycle. This is reflected in our strong fourth quarter results, including all three regions delivering significant earnings before interest and taxation (EBIT) margin improvement sequentially in the fourth quarter.”
Looking forward to the first quarter of the 2024 financial year, James Hardie forecast adjusted net income growth of between -6% and +6.9%, to US$145 - 165m, throughout the quarter.



