Displaying items by tag: GCW381
Global Cement and Concrete Association takes form
28 November 2018Chief executives from over 30 companies attended the Global Cement and Concrete Association (GCCA) inaugural event last week in London. Its first president Albert Manifold, the chief executive officer (CEO) of CRH, laid out the line by saying that, “For the first time we have a global advocacy body.” He followed this up by emphasising that ‘our product’ is the most used man-made product in the world. Just like the Cement Sustainability Initiative (CSI), the body the GCCA is partly-replacing, it is a CEO-led organisation. The target is very much about giving a global voice to the cement and concrete industries and the vertically integrated companies that produce these products.
Along with the head of CRH, the leaders of LafargeHolcim, HeidelbergCement, CNBM, Votorantim, Buzzi Unicem and Eurocement, amongst others, were all on the attendance list too. That kind of representation gave the event a charged air and a real sense of intent. At present the association says it represents 35% of global cement production and its aim is to reach 50%. That compares to the 30% base that the CSI had.
Representatives from some major cement associations were also present, including Europe’s Cembureau, the Federación Interamericana del Cemento (FICEM), the Canadian Cement Association and the VDZ. The only thing stopping the US Portland Cement Association being there was reportedly the Thanksgiving holiday. Although not comprehensive, that kind of representation suggests serious interest from the regional cement associations. The word from the GCCA CEO Benjamin Sporton was that the GCCA is here to provide a global level of coordination to the advocacy and sustainability side of the industry dealing with global organisations like the United Nations (UN), development banks, other associations and non-government organisations (NGOs).
How this will work in practice has yet to be seen, but at the very least, the GCCA can take over the work of the CSI and run with it. The word from the attendees we spoke to was uniformly positive for the association. It was seen as a long-overdue move to finally give the industry some sort of uniform voice at a global scale. In this sense it is catching up with similar bodies in industries like wood and steel. One benefit from moving from the CSI to a full advocacy organisation is that the industry can actually talk about the good things it does rather than being limited to sustainability and environmental data reporting. It seems like a small change in focus but it’s a big shift in mind-set.
A cynic might suggest that the exercise is one of a dirty industry trying to wrest the Overton window, or window of public discourse, back from legislators facing mounting environmental pressure. The latest UN Emissions Gap Report for 2018, for example, reported this week that CO2 emissions rose in 2017 after four consecutive years of decline. This is the latest environmental report in a long line pointing out bad news. Yet, the GCCA’s unwritten mantra, that concrete improves lives, is sound. Somebody or something needs to link it all up. That somebody might just be the GCCA.
A review of the inaugural annual general meeting and symposium of the GCCA will be published in a forthcoming issue of Global Cement Magazine.
Johan Claassen to take early retirement from PPC
28 November 2018South Africa: Johan Claassen, the chief executive officer (CEO) of PPC, says he wants to take early retirement. He made the decision during a restructuring of the company’s board. It will now search for a replacement while Claassen stays in post until his successor is found.
Switzerland: LafargeHolcim is expecting its sales growth to slow in 2019 but earnings to grow as its ‘Strategy 2022’ management plan takes shape. Net sales are forecast to grow by up to 6% year-on-year in 2018 yet by only 5% in 2019. However, recurring earnings before interest, taxation, depreciation and amortisation (EBITDA) are predicted to rise by up to 5% in 2018 and then by at least 5% in 2019.
“With the recent divestment of our Indonesian operations we reached a major milestone in focusing our portfolio which allowed us to accelerate deleveraging. At the same time we aggressively move forward in Aggregates and Ready-Mix Concrete. These results are strong proof points for our Strategy 2022 and we will continue delivering across all value drivers," said chief executive officer (CEO) Jan Jenisch.
The group has made the forecasts as part of its Capital Markets Day taking place at Bardon Hill near Birmingham, UK.
Malaysia: Cahya Mata Sarawak’s (CMS) cement division profits have fallen so far in 2018 due to planned maintenance shutdown at its integrated plant and rising clinker prices. Its profit before tax dropped by 14% to US$16.7m in the first nine months of 2018 from US$19.6m in the same period in 2017. The division’s performance was also hit by an increase in the price of imported clinker. The company said that this occurred due to a spike in global demand, following the reduction of clinker production in China and continued high demand for clinker especially from Bangladesh and the Philippines. Overall, CMS’ sales revenue and profit have risen so far in 2018.
UK: The Mineral Products Association (MPA) has joined the Global Cement and Concrete Association (GCCA) as an affiliate member. Its application was confirmed at the GCCA’s inaugural annual general meeting and symposium in London, which took place in late November 2018.
“Our affiliation to GCCA builds on our valued membership of 12 European Regional Trade Associations covering aggregates, asphalt, cement, concrete, dimension stone, lime, mortar, silica sands. The strengthening of the link between the MPA’s national role, the regional associations and now the global level is a positive and logical next step in aligning the advocacy and influence of the industry in a fast changing and complex world,” said MPA chief executive officer (CEO) Nigel Jackson.
Solid Cement uses US$75m loan to upgrade Antipolo plant
28 November 2018Philippines: Solid Cement is using a US$75m loan from Cemex Asia to partly pay for a new production line at its plant in Antipolo, Rizal. The subsidiary of Cemex Holdings Philippines has made an initial withdrawal of around US$41m, according to the Manila Standard newspaper. The upgrade has a total cost of US$235m and it is scheduled completion in 2020. The new line will be supplied and built by China’s CBMI Construction.
Nesher Israel Cement lays off 20 workers at Haifa plant
28 November 2018Israel: Nesher Israel Cement has dismissed 20 workers at its Haifa plant. The redundancies took place in October 2018 due to a fall in production, according to the Globes newspaper. The company is also considering making staff change at its Ramla plant. Previously, Israeli cement producers have blamed Turkey and Greece for declining business and have lobbied for anti-dumping tariffs.
Fire at Argos USA’s Martinsburg cement plant
28 November 2018US: A fire at Argos USA’s Martinsburg cement plant in West Virginia is being investigated. The fire followed an explosion at the site on 25 November 2018, according to the Herald-Mail newspaper. A spokesman for the cement producer said that the incident occurred in the coal-mill dust-collector bag house. Although damage estimates are not available yet, repairs following the fire include replacing blast doors. No injuries have been reported. Production at the plant has been suspended while the cause of the fire is investigated.
Eurocement to upgrade Zhigulovskiye plant to produce white cement
28 November 2018Russia: Eurocement has hired Turkey’s Dal Teknik to upgrade a production line at its Zhigulovskiye Stroymaterialy plant in Samara so that it can manufacture white cement. The project has a budget of around Euro13m. Once complete the line will be able to produce 0.3Mt/yr of PCB 1-500-D0 or just below 0.4Mt/yr PCB 1-400-D20 white cement. The new product will be sold in big or regular sized bags. First deliveries are expected in the summer of 2019.
Cementa reporting supply problems with Bascement product
28 November 2018Sweden: Cementa says it is has supply problems delivering its Bascement product. The delivery issues have been caused by frequent power cuts to its Slite plant, weather-related delays to its shipping schedule and high cement demand. The subsidiary of Germany’s HeidelbergCement said that it was keeping its customers regularly updated.