Displaying items by tag: Canada

Mexico: Cemex has signed an agreement with Canada-based Carbon Upcycling Technologies to “improve the processing of residue or by-products of industrial processes to produce nanomaterials.” Carbon Upcycling Technologies’ equipment increases the cementitious properties of residues such as fly ash and steel slag by physical processing them into nanomaterials and adding captured CO₂, enabling the partnership to produce concrete additives with “greater reactivity and a lower carbon footprint” than their raw materials.

Cemex Ventures Head Gonzalo Galindo said, "This agreement with Carbon Upcycling Technologies is yet another example of our determination to deliver net-zero CO₂ concrete products globally by 2050. Our roadmap to achieve this global ambition involves continuing to innovate our technology internally while continuing to seek complementary innovation outside of Cemex through investments in start-ups, consortia, and high-value collaboration agreements such as the one reached with Carbon Upcycling Technologies."

Switzerland: LafargeHolcim’s like-for-like net sales fell by 2.6% year-on-year to Euro6.04bn in the third quarter of 2020 from Euro6.68bn in the same period in 2019. However, its recurring earnings before interest and taxation (EBIT) rose by 10% to Euro1.35bn from Euro1.33bn. It attributed recurring EBIT margin growth to margin increase in its cement business and cost management under the ‘Health, Cost & Cash’ action plan. For the first nine months of 2020 net sales fell by 7.9% year-on-year to Euro16.0bn from Euro18.9bn in the same period in 2019. Its EBIT decreased by 7.2% to Euro2.47bn from Euro2.88bn.

“Our third quarter results demonstrate the resilience of our business and the strength of our decentralized, empowered operating model,” said chief executive officer (CEO) Jan Jenisch. “In addition, the Group saw an increase in revenues from its branded products, which are sold across its broad distribution and retail network. For example, the company recorded a volume increase of 5% in its cement bag sales.”

Third quarter sales and earnings were either stable in improved in most regions with the exception of North America and Middle East Africa. In North America volumes were reduced by coronavirus and a slowdown in the oil and gas industry in western Canada. Overall sales fell in Middle East Africa but earnings were aided by sales volume growth in Nigeria. Elsewhere, cement market recovery was noted in Mexico and Brazil and weaker markets mentioned in the Philippines and Australia.

Canada: Lafarge Canada, Geocycle Canada and Rio Tinto are working together to reuse waste from the aluminium smelting process to make cement. The three companies have developed a new product called Alextra, made from used potlining, as part of the aluminium electrolysis process that would otherwise go to landfill. Lafarge Canada plans to produce on average 1Mt/yr of cement at its plant in Bath, Ontario, using Alextra as an alternative to raw materials such as alumina and silica. The companies will also explore options to further expand the supply of Alextra from Rio Tinto’s Potlining Treatment Plant in Saguenay-Lac-St Jean to Lafarge Canada's network of cement plants.

"This partnership shows how Rio Tinto is innovating to find new ways to reuse waste, generating value from our operations and reducing their environmental footprint,” said Rio Tinto Aluminium manager valorisation and marketing Stéphane Poirier. “We have worked closely with Lafarge Canada and Geocycle Canada over the past two years to develop a product that meets their needs and look forward to building on this partnership,”

Canada: Screen suppliers to the cement industry Haver & Boecker Niagara and Major have jointly presented an online seminar aimed to “give operations the tools to maximize production, improve performance and increase revenues” through a discussion of “best practices, insights and real-world examples.”

Major president Bernard Betts said, “Major and Haver & Boecker Niagara are leaders in the screening industry, so joining forces gives us the ability to provide customers with a one-stop shop for improvements in every aspect of screening. This webinar complements our customer service efforts to support mineral processing operations. We are dedicated to helping producers improve efficiency and performance.”

Canada: Testing specialist Giatec has launched Roxi, an artificially intelligent (AI) concrete visualisation programme for builders. PR Newswire has reported that Roxi “provides insights regarding the amount of cement that is needed, including the amount that can be removed without compromising the concrete's setting time or strength development,” aiding project completion while diminishing extraneous cement demand.

The company thanked Sustainable Development Technology Canada for its US$1.83m grant towards the development of Roxi, part of the fund’s US$44.6m total contribution to “clean technology projects” so far in 2020.

Canada: Torxx Kinetic Pulverizer has announced the death of vice president of sales Nicolas Belanger. He died unexpectedly a week before his 50th birthday. He was the former co-owner of Machinex Group, where he worked for over 20 years. He was also the co-founder and president of Waste Robotics.

“Our hearts are heavy, and we’re stunned by the untimely and devastating passing of our colleague, friend and industry icon,” said Peter Everson, the chairman of Torxx Kinetic Pulverizer. “Nicolas had been instrumental in moving our company - and the industry - forward over the past 25 years. He was a talented engineer and strong business leader, whose industry knowledge and experience were second to none. He is greatly missed, and we share the grief of his family, friends and colleagues.”

Canada: Public pensions and insurance fund Caisse de depot et placement du Québec (CDPQ) has bought the debt from “all present and future accounts receivable arising from contracts” of McInnis Cement. The Journal de Québec newspaper has reported that the move is intended to benefit the company’s liquidity position. CDPQ first vice-president Michel Nadeau said, “It’s a solution to find cash quickly.”

CDPQ injected US$152m into McInnis Cement on 2 July 2019 as part of a total US$380m private capital refinancing.

Canada: Brazil-based Votorantim Cimentos is in talks with Caisse de dépôt et placement du Québec (CDPQ) over possible acquisition of the investment company majority stake in McInnis Cement. Quebec Premier François Legault said, “Quebecers have already invested a lot in the cement plant. For nationalism reasons, I would like a Quebec company to be ready to invest,” according to the Journal de Montreal newspaper. Béton Provincial has registered for a government grant of US$115m in order to acquire the stake, which has been for sale since January 2020. Investissement Québec and the Beaudier Group are both minority shareholders.

Brazil: Votorantim Cimentos recorded a loss of US$94.0m in the first half of 2020, up by 99% year-on-year from US$47.2m in the first half of 2019. Sales fell by 8% to US$680m from US$739m. During the period Votorantim Cimentos and its subsidiary St Mary’s Cement increased the balance withdrawn from credit facilities by US$247m, in order to “strengthen liquidity as protection within the current crisis context due to the Covid-19 pandemic and to cope with the seasonality that recurrently affects North America.” The group says that it will reduce the value of its 2020 investments by 25% to US$545m from a planned US$726m, down by 6.3% year-on-year from US$581 in 2019.

Canada: Residents at Port-Daniel-Gascons in Quebec reported dust emissions from the McInnis Cement plant in June and July 2020. This has been blamed on mechanical breakdowns and a computer failure, according to the Journal de Québec newspaper. The cement producer says it has reported the situation to the local authorities. Commercial production at the plant started in mid-2017. The incidents reportedly took place as the plant reached its maximum production capacity.