Displaying items by tag: GCW540

India: Dalmia Cement (Bharat) has commenced cement production at its upgraded 2.9Mt/yr Murli cement plant in Maharashtra. The company invested US$125m to install a new fueling system, waste heat recovery (WHR) plant and solar power plant at the facility. It acquired the plant from Murli Industries for US$55.2m in 2020.

The new commissioning brings Dalmia Cement (Bharat)’s total installed capacity to 35.9Mt/yr.

China: Tangshan Jidong Cement says that it expects its consolidated net profit to drop by up to 3.5% year-on-year to US$441m in 2021 from US$457m in 2021. Its full-year cement and clinker sales were 99.7Mt in 2021, down by 7% year-on-year.

Philippines: The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives to San Miguel Equity Investments a for the construction of its 2Mt/yr Mindanao cement plant. The Manila Bulletin newspaper has reported that the producer will pay no tax on its income from the plant during its first two years of operations, and reduced taxes during the subsequent five years.

The FIRB said that it expects the US$195m plant to stimulate downstream businesses, promote the use of energy-efficient equipment and lead to a transfer of knowledge and increased productivity in the underdeveloped area where it will be located.

Australia: Aluminium company Alcoa of Australia has extended its contract for the supply of lime from AdBri subsidiary Cockburn Cement until January 2023. Business News Western Australia has reported the value of the extension as US$18m – 25.3m. Alcoa of Australia switched to using imported lime at its Kwinana, Pinjarra and Wagerup refineries in Western Australia in June 2020. Prior to this, it had bought a total of US$50.5m-worth of lime from Cockburn Cement.

Adbri’s managing director Nick Miller said "The extension reinforces our position as a reliable and high quality supplier of lime through our local manufacturing and distribution network across Western Australia, supporting local manufacturing jobs, the resources sector and the broader Western Australia economy."

Hungary: Kirchdorfer Gruppe subsidiary Kirchdorfer Concrete Solutions has agreed to sell a 49% stake in prestressed concrete sleepers producer MABA Hungaria to railway overhead line construction company Firma Vasútvill. Austria-based Kirchdorfer Concrete Solutions will retain its majority stake in the company.

Kirchdorfer Gruppe CEO Michael Wardian said that the group was delighted to have secured a strong partner for its Hungarian operations.

Germany: HeidelbergCement plans to proceed with its on-going share buyback programme in early 2022 with a second tranche of purchases worth Euro300 – 350m. The group expects to conclude the tranche in mid-2022. It previously finished buying back 2.7% of its shares in December 2021. On 13 January 2021, HeidelbergCement announced that it had retired all shares purchased under this previous tranche.

Brazil: The Brazilian National Cement Industry Association (SNIC) has recorded cement sales of 64.7Mt by Brazilian cement producers in 2021, up by 6.6% year-on-year from 2020 levels. Home construction work, property development and infrastructure building all contributed to the rise. Capacity utilisation rose to 69% from 65% across the country’s 94Mt/yr, 91-plant cement network.

Russia: Asia Cement has extended its contract with Freight One for the transportation of its cement by rail from Chais, Penza region. The producer said that it will aim to dispatch 164,000t of cement under the contract in 2022.

Spain: Cement Science Group (CemSciG) and the University of Málaga (UMA) have received a US$50,000 donation from US-based CSA Research for their research into reduced-CO₂ cement production. The funding will continue the partners’ work at UMA’s department of inorganic chemistry, crystallography and minerology into alternative methods of cement production. Titles of their on-going projects include ‘Optimisation and Processing of LC3 Eco-Cements with Spanish Clays,’ ‘Microstructure Analyses of Limestone Calcined Clay Cements by Advanced Synchrotron Techniques’ and ‘Reduction of Cement Industry CO₂ Emissions without Loss of Mechanical Properties.’

UAE: Cemex has supplied 400,000m³ of advanced semi-dry heavy-duty concrete to Abu Dhabi Ports Group’s Khalifa Port. Cemex said that the concrete’s composition maximises its lifespan, increasing sustainability.