Displaying items by tag: GCW693

Pakistan: Attock Cement has commissioned a 4.8MW wind turbine project at its Hub site, it stated in a notice to the Pakistan Stock Exchange. The company says that the project aligns with its commitment to sustainable cement production and aims to reduce power costs.

Cambodia: The government has waived the 5% tax on domestic cement products from January 2025 to December 2026 to support the local cement industry, as announced by the Ministry of Economy and Finance.

The exemption reportedly aims to alleviate financial burden on the industry and promote growth. Local cement companies must comply with obligations including tax filings, maintaining comprehensive records and submitting annual reports detailing production, costs and social initiatives.

To date, Cambodia’s cement industry has attracted over US$1.2bn in investments, creating more than 2700 jobs and ‘significantly’ contributing to the economy, according to Construction & Property news.

India: Kaushalya Logistics has opened new depots for Ambuja Cement, part of the Adani Cement Group, in Kurukshetra and Bhiwani, Haryana.

This marks the first phase of a strategic expansion approved by ACC & Ambuja Cement to establish operations at key locations in Haryana, including Kaithal and Fatehabad. The new depots reportedly aim to improve inventory management, reduce transit times and enhance connectivity across key industrial hubs in the region.

Azerbaijan: Cement production reached 4.03Mt in 2024, up by 1.6% year-on-year, according to the State Statistics Committee. The total value of the construction materials sector rose by 17% to US$823m. Production of bricks and similar products from cement and concrete increased by 41%, while cement clinker output grew by 16%.

Nepal: The Public Accounts Committee of the House of Representatives has received a complaint alleging that cement producers have created artificial shortages in order to raise prices, according to Republica newspaper. A meeting has been scheduled to discuss the complaint.

Saudi Arabia: Northern Region Cement has announced a projected 10% increase in production costs following Saudi Aramco's adjustment of fuel prices.

The company stated that it will explore strategies to mitigate the financial impact, focusing on cost reduction and enhancing production and operational efficiency.

Brazil: thyssenkrupp Polysius has secured a front-end engineering design contract from Circlua for the construction of the world’s largest activated clay plant, with a capacity of 0.96Mt/yr (3000t/day). The plant will be largely powered by renewable electricity, and will be located in Pará, utilising clay sourced from the Carajás iron ore complex. The clay contains up to 80% kaolinite content, and will be upcycled as supplementary cementitious material.

thyssenkrupp Polysius CEO Christian Myland said “We are honoured to partner on this landmark project. Leveraging high-quality local clay and our advanced activated clay technology, this plant will set a new benchmark for carbon-conscious cement production.”

India: A coal hopper has collapsed at the Dalmia Cement (Bharat) plant in Rajganpur, Odisha, leaving several workers trapped under debris. According to the latest reports, 64 workers have been rescued or evacuated, but three remained trapped overnight. A large-scale operation by the authorities has been launched, with cranes and heavy machinery being used to clear the debris and attempt to find the trapped workers. Fatalities have not been confirmed.

A statement from Dalmia Cement (Bharat) said "The accident occurred at around 6:00 pm on 16 January 2025, wherein the whereabouts of three persons are yet to be ascertained. The injured have been provided with immediate treatment and the best medical care is being provided by the company.”

The statement added that the plant area has been cordoned off, according to Money Control news.

Update: On 18 January 2025, three bodies were recovered from the debris of the collapsed structure, after a 36-hour attempt. The plant is now closed until an investigation into the accident has taken place.

Dalmia Cement (Bharat) released a further statement, saying “We are deeply saddened by the tragic incident at the captive power plant in Rajgangpur. We express our heartfelt condolences to the families of the three workers who lost their lives in this incident. We are extending full support to the bereaved families in close coordination with the district administration, including education, livelihood and compensation.”

Peru: National cement despatches reached 0.97Mt in December 2024, a 0.1% year-on-year increase, according to the Cement Producers Association (Asocem). Total despatches in 2024 were nearly 12Mt, marking just a 0.01% rise compared to 2023, indicating stagnation in the sector.

Asocem members produced almost 0.92Mt of cement in December 2024, a 1% year-on-year decrease, and recorded a 3% decline in 2024 to 11Mt. Cement exports from members rose by 70% year-on-year in December 2024 to 0.13Mt, but fell by 8% for the full year. Imports increased to 3000t in December 2024, up by 22% year-on-year, and grew by 29% over 2024, with Chile as the sole supplier.

Clinker production by Asocem members dropped by 30% year-on-year in December 2024 to 0.66Mt, and by 8% over the 2024 period. No clinker was exported by Asocem members, a 100% year-on-year decrease from December 2023. Clinker imports surged by 376% year-on-year in December 2024 to 0.2Mt, sourced from South Korea (44%), Japan (24%), Ecuador (19%) and Turkey (13%).

Türkiye: According to the Turkish Ministry of Trade, Türkiye's global cement exports declined by 6.2% in 2024 to US$4.3bn, with exports in December 2024 amounting to US$341m, a 3% year-on-year decrease. Cement exports over the 12-month period from December 2023 to December 2024 also stood at US$4.3bn.

Cement exports from Türkiye to Kyrgyzstan also dropped in 2024, by 86% year-on-year, amounting to US$3.9m. However, December 2024 exports to Kyrgyzstan rose 7.2% year-on-year to US$751,065.