South Korean cement truck drivers strike 07 June 2022
South Korea: A total of 8200 truck drivers have gone on strike to request higher wages and an extension of the government’s freight charge system. The Korea JoongAng Daily newspaper has reported that 50% of the country’s 2700 cement truck drivers are unionised. Under the freight charge system, drivers receive minimum monthly payments in order to tackle the problem of overloading.
India: UltraTech Cement plans to invest US$1.67bn to expand its cement production capacity to 160Mt/yr. This corresponds to a capacity cost of US$76m/Mt/yr. The Business Standard newspaper has reported that the investment is part of parent company Aditya Birla’s planned US$9.91bn spending package to expand existing capacities and enter new sectors, including paints, via its subsidiary Grasim Industries. The investments will affect both its Indian operations and those overseas.
Star Cement to establish new 3Mt/yr clinker line 06 June 2022
India: Star Cement plans to invest US$129m to establish a new 3Mt/yr clinker line. BusinessLine Online News has reported that producer currently operates 2.8Mt/yr-worth of clinker capacity across two units in Meghalaya. Star Cement says that it plans to increase its presence in the Northeast India, Bihar and West Bengal markets. It will additionally invest US$90 – 103m to establish two new grinding units with a combined capacity of 4Mt/yr at Guwahati and Silchar in Assam.
Star Cement said that projected infrastructure investment growth in Northeast India inspired its investment decision, while it opted for a 3Mt/yr kiln over a 2Mt/yr alternative due to the improved efficiencies it offers.
India: State-owned coal supplier Coal India has recorded a 17% year-on-year decline in deliveries of coal to cement plants in May 2022. Its coal supply to captive power plants also dropped in the month, by 40% year-on-year.
Coal India is the leading coal mining company globally. Its main customers are energy, cement and steel companies.
Philippines: The Philippines imported 6.47Mt of cement from Vietnam in 2021, 91% of a total 7.11Mt of cement imported in the year. The Cement Manufacturers Association of the Philippines (CeMAP) recorded that total imports increased by 14% year-on-year from 6.25Mt of cement in 2020, while imports from Vietnam increased by 20% year-on-year from 5.4Mt.
The Manila Bulletin newspaper has reported that Philippine cement producers increased their production capacity by 23% year-on-year to 35.3Mt/yr at the beginning of 2022. CeMAP projected further capacity growth of 55% to 54.8Mt/yr by the end of 2025, against a domestic demand that year of 66Mt/yr.
Germany: Fuchs Lubritech has merged into Fuchs Schmierstoffe. Following the merger, the latter also rebranded as Fuchs Lubricants Germany on 3 June 2022. Fuchs Lubricants Germany will assume all contractual responsibilities of Fuchs Lubritech.
Sweden: Cementa has completed its feasibility study for a carbon capture and storage (CCS) system at Slite cement plant in Gotland. The producer says that it will now proceed to the next stage of the project, with the aim of producing climate positive cement from 2030. Sister company Norcem is currently building a 400,000t/yr CCS system at its Brevik cement plant in Norway. Cementa says that its new system will have four times the capacity of that at the Brevik plant, and reduce Sweden's total CO2 emissions by 3%. One or more of 'several storage solutions' currently under development in the North Sea will serve to store the plant's captured CO2 emissions.
General manager Giv Brantenberg said "With the knowledge we have built up through our pioneering project at Norcem in Brevik, we now have a good picture of how to move forward in Sweden. The Nordic countries have what it takes to lead the climate transition in the construction sector."
UK: Hanson plans to install a C-Capture solvent-based carbon capture system at its Ketton cement plant in Rutland. The producer says that the technology reduces energy requirements per tonne of CO2 by 40% compared to other capture systems.
Chief executive officer Simon Wills said “Carbon capture is a critical part of our strategy to decarbonise cement production, and essential if we are to reach net zero carbon by 2050. If successful, the C-Capture process has the potential to be rolled-out across other sites across the HeidelbergCement Group.”
Hume Cement Industries Berhad increases sales and reduces loss in first nine months of 2022 01 June 2022
Malaysia: Hume Cement Industries Berhad recorded sales of US$117m in the first nine months of 2022, up by 4.7% year-on-year from US$112m. It recorded a loss for the period of US$415,000, down by 82% from US$2.27m. In the third quarter of 2022, Hume Cement Industries Berhad recorded a profit of US$438,000, compared to a US$2.69m loss in the third quarter of 2021.
Chile: Cbb's first-quarter operating income was US$93.5m in 2022, up by 14% year-on-year from US$81.7m the first quarter of 2021. Nonetheless, the company's net profit fell by 89% to US$573,000 from US$5.04m.



