Displaying items by tag: GCW543

Kenya: Bamburi Cement has signed a power purchase agreement (PPA) with Momnai Energy to set up two solar plants. One 14.5MW unit will be situated next to its integrated Mombasa plant and the other 5MW unit by its Nairobi grinding plant. This will account for up to approximately 40% of the cement producer’s total power supply. Construction of the solar power plants is scheduled to begin end of 2022, after requisite regulatory approvals with expected completion within a year.

“We are elated to be making this step towards switching to more affordable and clean energy that will not only lead to a significant reduction in power costs but also bring us closer to our goal of achieving net zero carbon emissions,” said Miriam Ngolo, Bamburi Cement’s Strategy and Business Development Director.

Other recent sustainability work by the subsidiary of Switzerland-based Holcim has included substituting heavy fuels with alternative fuels like biomass, including rice husks, and other waste material such as waste tyres and waste oil in its operations.

Colombia: Cement production grew by 16% year-on-year to 13.8Mt in 2021 from 11.8Mt in 2020. Data from DANE, the Colombian statistics authority reports that despatches rose by a similar rate to 13.0Mt from 11.2Mt.

Colombia: Cemex Colombia has recorded accumulated sales of 500,000m3 of its Vertua reduced-CO₂ concrete. It aims to achieve net zero CO₂ emissions by 2050.

President Alejandro Ramírez said “Our Vertua concrete sales volume is excellent news for the country. It demonstrates that a sustainable vision of construction is being consolidated in Colombia, conscious of its decisive contribution to global climate action.”

Saudi Arabia: Qanbar Ready Mix has run its first trial mix of concrete using Canada-based CarbonCure’s CO2 utilisation technology. The Eastern Province-based ready-mixed concrete producer conducted a full-scale plant trial in late December 2021 in Ras Al Khair Industrial City, according to Gulf Construction. Employees, customers from Saudi Aramco and engineers were present at the event. Concrete supplied from Qanbar Ready Mix’s batching plants will be used to supply projects at the King Salman International Complex for Maritime Industries and Services.

Japan: Taiheiyo Cement recorded consolidated sales of US$4.57bn in the first nine months of the 2022 financial year, down by 24% year-on-year from US$5.65bn in the corresponding period of the 2021 financial year. The group’s net profit in the period was US$256m, down by 20% year-on-year from US$322m. Dow Jones Institutional Newswires has reported that the producer forecast full-year sales in the 2022 financial year of US$6.15bn and a net profit of US$294m.

Honduras: HN Ingenieros has commissioned a new kiln line at a cement plant in Honduras. The supplier says that the line had previously been inactive since 2002, and is now the country’s largest.

China: China National Building Material subsidiary Nanjing Kisen has signed a long-term collaboration agreement with France-based Schneider Electric. The partners plan to develop models for increasing operational efficiency, digitisation and sustainability. Alliance News has reported that they will establish a series of joint pilot projects. They plan subsequently to explore plant engineering, procurement and construction (EPC) opportunities outside of China together.

Vietnam: Vicem sold 29.4Mt of cement and clinker in 2021, in line with its sales volumes in 2020. Viet Nam News has reported that the company produced 24.1Mt of cement during the year, down by 2.1% year-on-year. Its sales were US$1.46bn, in line with 2020 sales.

Vietnamese domestic cement consumption fell by 5.2% year-on-year to 59Mt in 2021.

Australia: In the third quarter of the 2022 financial year, James Hardie’s net sales rose by 22% year-on-year to US$900m. Its Asia Pacific fibre cement business recorded sales of US$140m, up by 20% and adjusted earnings before interest, taxation, depreciation and amortisation (EBIT) of US$38.2m, up by 17%. James Hardie’s North America fibre cement business’ sales also rose, by 24% to US$645m, while its adjusted EBIT rose by 18% to US$183m. Following the results, James Hardie raised its 2022 net income guidance to US$620 – 630m from US$605 – 625m.

Interim chief executive officer Harold Wiens said, "I am pleased to report the James Hardie team has continued to execute well on our stated global strategy.” He attributed the successes to “Firstly, enabling our customers to make more money by selling more James Hardie products and, secondly, marketing directly to the homeowners to create demand of our high value products through our customers."

Wiens also announced the launch of the company’s new Architectural cement boards collection.

Malawi: Lafarge Cement Malawi, which Huaxin Cement acquired from Holcim in December 2021, has renamed itself Portland Cement Malawi.

The Nyasa Times newspaper has reported that company secretary Constance Musopole said "Portland Cement Malawi will remain the home of our trusted brands which include DuraCrete, SupaSet, Kumanga and Khoma. We wish to inform the general public that the reputable legacy and the superior quality of goods and services that have been built over 65 years of existence in Malawi will indeed continue and also improve.” She added "Huaxin is among the 10 largest cement manufacturing companies globally with 115Mt/yr in capacity. We are excited to begin this new chapter in the legacy of the company."