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Lualaba Carrilu cement plant launched in Democratic Republic of Congo

09 September 2020

Democratic Republic of Congo: China-based Zijin Mining Group and Lualaba Carrilu have launched a new 0.8Mt/yr cement plant near Kolwezi, the capital of Lualaba province. A start-up ceremony at the unit was attended by Julien Paluku Kahongya, the Minister of Industry, and Richard Muyej, the governor of Lualaba, according to L'Agence congolaise de presse (ACP). The plant is expected to create up to 1000 jobs.

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Fauji Cement reports on 2020 financial year

09 September 2020

Pakistan: Fauji Cement recorded a net loss of US$354,000 in the 2020 financial year, which ended on 30 June 2020, compared to a profit of US$17.0m in the 2019 financial year. MarketScreener News has reported that sales fell by 18% year-on-year to US$103m from US$125m.

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Taiwan Cement awarded first product carbon footprint label

09 September 2020

Taiwan: Taiwan Cement has been awarded the first product carbon footprint label by the local Environmental Protection Administration (EPA). It follows its completion of the structure of product category rules (PCR) in early August 2020 and inspection by the EPA. TCC's products will be marked with carbon footprint labels from the fourth quarter of 2020. The Taiwan-based cement producer has also announced support for the Global Cement and Concrete Association’s (GCCA) 2050 Climate Ambition plan.

TCC started its Science-Based Target project in 2019 and says it became the first cement company in the Greater China region to complete target setting and was approved by Science-Based Target initiatives (SBTi) in June 2020. Following the science-based methods promoted by the Intergovernmental Panel on Climate Change (IPCC) from the United Nations, TCC set a target to reduce carbon emissions by 11% in 2025, using 2016 emissions as the base. TCC completed carbon footprint certification for the most popular cement products, Portland Type I cement and Ready-Mixed Concrete 3000psi, in July 2020.

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Uzbek government launches Karakalpakstan road project

09 September 2020

Uzbekistan: The Ministry of Transport has secured a US$274m loan from the Asian Development Bank for investment in the construction of a 240km road in Karakalpakstan. Asian Development Bank senior transport specialist Pavan Karki said, “As a landlocked country, Uzbekistan has made regional connectivity a central element of its transport policy. This project will help develop the country's potential as a regional transport and logistics hub between Europe and Southeast Asia, contributing to economic growth.” The road will be part of the Central Asia Regional Economic Cooperation Programme Corridor 2. Uzbekistan Newsline has reported that the project will generate ‘significant demand’ for the country’s cement producers.

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Cembureau announces European green deal webinar

09 September 2020

Europe: Cembureau, the European Cement Association, has announced that its ‘Cementing Europe’s Future: Building the Green Deal’ webinar will take place on 13 October 2020. The programme includes keynote speeches from association president Raoul de Parisot and German Minister of Environment, Nature Conservation and Nuclear Safety Jochen Flasbarth. Additionally, members of the European Parliament and representatives of the European Commission, LafargeHolcim, HeidelbergCement and several other companies involved in the European cement industry will speak.

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Uttar Pradesh government approves three grinding plant plans

08 September 2020

India: The state government of Uttar Pradesh has granted approval to three planned grinding plant projects with a total value of US$115m. The Hindustan Times newspaper has reported that Kanodia Cement ’s Amethi grinding plant will cost US$39.6m, Eco Plus Cement Industries’ Prayagraj grinding plant will cost US$38.6m and Eco Plus Cement Industries’ Mirzapur grinding plant will cost US$37.1m.

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Bureau of Indian Standards warns of product description rule changes

08 September 2020

India: The Bureau of Indian Standards (BIS) has warned producers to avoid the use of objective product descriptions which may subsequently be proven as false claims. The Economic Times newspaper has reported that the advice follows an internal circular of the Ministry of Consumer Affairs, Food and Public Distribution detailing plans for a tightening of standards around the use of objective terms such a ‘corrosion resistant,’ ‘weather proof’ and ‘damp proof’ by cement producers.

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Cemex España requests authorisation for Cemex Latam Holdings bid

08 September 2020

Colombia: Cemex España has requested authorisation by the Colombian Financial Superintendency (SFC) to make offers to buy the shares of all Cemex Latam Holdings shareholders with a view to taking over a 100% stake in the company. El Ceo News has reported that after receiving authorisation Cemex España must place a bid within five working days.

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Suez Cement publishes first half 2020 results

08 September 2020

Egypt: HeidelbergCement subsidiary Suez Cement recorded a net loss of Euro38.0m in the first half of 2020, up by 99% year-on-year from 19.1m in the first half of 2019. The company made sales worth Euro145m over the period, down by 18% from Euro177m. The causes of the decline were market saturation and reduced demand in the short term due to the coronavirus lockdown from 19 March 2020 to 27 June 2020.

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Asia Cement becomes sole owner of Taiwan Chiahui Power Corporation

08 September 2020

Taiwan: Asia Cement has bought all shares in Taiwan Chiahui Power Corporation belonging to co-owner Electric Power Development Company (J-Power). Electronic News has reported that the two companies have jointly owned Taiwan Chiahui Power Corporation since December 2002. The deal awaits ratification by the Taiwan Ministry of Economic Affairs Investment Commission.

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Loesche - Innovative Engineering
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