Displaying items by tag: India
India: LafargeHolcim and HeidelbergCement have joined a bidding war for Emami Cement. LafargeHolcim is reported to have submitted an expression of interest via its subsidiary Ambuja Cement, according to the Hindu newspaper. HeidelbergCement has submitted its bids through HeidelbergCement India. Emami Cement has an expected value of around US$845m. Nuvoco Vistas Corporation, Shree Cement and Dalmia Bharat have also been linked to the sale.
Emami Cement operates a 2.5Mt/yr integrated plant at Risda in Chhattisgarh and a 2.5Mt/yr grinding plant at Panagarh in West Bengal. It acquired a 0.6Mt/yr grinding plant at Bhabua, Bihar in September 2018. In addition, the firm has mining assets in Guntur in Andhra Pradesh and near Jaipur in Rajasthan. Its main markets are in West Bengal, Chhattisgarh, Odisha, Jharkhand, Bihar, Maharashtra and Madhya Pradesh. It markets its products under the Double Bull brand.
India: UltraTech Cement has declared the scheme of arrangement between itself and Century Textiles and Industries as part of its merger process. It will issue one equity share worth US$0.14 each for every eight equity shares of the same value held by the shareholders of Century Textiles and Industries. UltraTech Cement received approval from the Competition Commission of India (CCI) for the acquisition of the cement business of Century Textiles and Industries in late August 2018 but it faced legal challenges subsequently.
The acquisition further strengthens UltraTech Cement’s lead in the Indian market. It says it is now the only company outside of China to have a production capacity of more than 100Mt/yr in a single country. It also claims that it is the third largest cement company in the world excluding those based in China.
Birla Cement boiler explosion puts 11 in critical condition
30 September 2019India: A boiler at Birla Cement’s 2.5Mt/yr Chanderia plant in Rajasthan exploded on 29 September 2019, injuring an estimated 15 people. The Hindustan Times has reported that 11 people are in a critical condition. It is believed that the furnace overheated, which caused coal to scatter over workers below. Local government says that a report will come from its administrative-level investigation within 10 days, with criminal action to follow where appropriate.
Dalmia Cement takes steps towards carbon capture
25 September 2019Dalmia Cement threw down the gauntlet this week with the announcement of a large-scale carbon capture unit (CCU) at one of its plants in Tamil Nadu, India. An agreement has been signed with UK-based Carbon Clean Solutions Limited (CCSL) to use its technology in building a 0.5Mt/yr CCU. The partnership will explore how CO2 from the plant can be used, including direct sales to other industries and using the CO2 as a precursor in manufacturing chemicals. No exact completion date or budget has been disclosed.
The move is a serious declaration of intent from the Indian cement producer towards its aim of becoming carbon neutral by 2040. Dalmia has been pushing its sustainability ‘journey’ for several years now hitting targets such as reaching 6Mt of alternative raw materials usage in its 2018 financial year and reaching a clinker factor of 63% at the same time. In an article in the November 2018 issue of Global Cement Magazine it said it had achieved CO2 emissions of 526kg/t from its cement production compared to 578kg/t from other Indian members of the Cement Sustainability Initiative (CSI). In its eastern operations it had gone further to reach 400kg/t.
Using CCU is the next step to this progression but Dalmia’s approach is not without its caveats. Firstly, despite the size of the proposed project it is still being described as a ‘large-scale demonstration.’ Secondly, the destination of all that captured CO2, as mentioned above, is still being considered. CCSL uses a post-combustion capture method that captures flue gas CO2 and then combines the use of a proprietary solvent with a heat integration step. Where the capture CO2 goes is vital because if it can’t be sold or utilised in some other way then it needs to be stored, putting up the price. Technology provider CCSL reckons that its CDRMax process has a CO2 capture price tag of US$40/t but it is unclear whether this includes utilisation sales of CO2 or not.
The process is along similar lines to the Skyonic SkyMine (see Global Cement Magazine, May 2015) CCU that was completed in 2015 at the Capitol Cement plant in San Antonio, Texas in the US. However, that post-combustion capture project was aiming for 75,000t/yr of CO2. Dalmia and CCSL’s attempt is six times greater.
Meanwhile, Cembureau, the European cement association, joined a group of industrial organisations in lobbying the European Union (EU) on the Horizon Europe programme. It wants the budget to be raised to at least Euro120m with at least 60% to be dedicated to the ‘Global Challenges and European Industrial Competitiveness’ pillar. This is relevant in a discussion on industrial CO2 emissions reduction because the scheme has been supporting various European cement industry projects, including HeidelbergCement’s work with the Low Emissions Intensity Lime And Cement (LEILAC) consortium and Calix at its Lixhe plant in Belgium and its pilots in Norway. As these projects and others reach industrial scale testing they need this money.
These recent developments provide hope for the future of the cement industry. Producers and their associations are engaging with the climate change agenda and taking action. Legislators and governments need to work with the cement sector to speed up this process and ensure that the industry is able to cut its CO2 emissions while continuing to manufacture the materials necessary to build things. Projects like this latest from Dalmia Cement are overdue, but are very encouraging.
Wonder Cement appoints Sanjay Joshi executive director
25 September 2019India: Rajasthan-based Wonder Cement has announced that Sanjay Joshi will become its executive director. Joshi brings 17 years of marketing and operations experience to the RK Group subsidiary, whose integrated cement production capacity is 6.8Mt/yr.
Dalmia cement commits itself to carbon negativity by 2040
20 September 2019India: Dalmia Cement has revealed its commitment to dropping its net CO2 emissions to below 0t/yr by 2040 as part of its new ‘Future Today’ branding. The company’s plan consists of a transition to renewable power by 2030 and the adoption of plant matter and refuse-derived fuel (RDF) for 100% of its fuel needs. Dalmia’s 4.0Mt/yr integrated Ariyalur cement plant in Tamil Nadu will receive a 0.5Mt/yr carbon capture and storage facility in 2022 at the latest. The UK-based Carbon Clean Solutions will provide technology and operational services for the installation, the largest in the cement industry. Mahendra Singh, managing director and CEO of Dalmia Cement, has expressed the hope that its product should become ‘the World’s greenest cement.’
Barathi Cement commissions solar energy plant at Kadapa cement plant
17 September 2019India: Barathi Cement has commissioned a 10MW solar power station at its 5.0Mt/yr integrated Barathi Cement Plant. The Hindu Times has reported that the facility, which spans 16.6 hectares, will partially replace combustion-derived electricity sources at the plant.
HeidelbergCement to take over Ultratech’s stake in Emirates Cement
10 September 2019Bangladesh: Germany’s HeidelbergCement will purchase Ultratech’s stake in Emirates Cement, the owner of the 0.5Mt/yr Emirates grinding plant in Dhaka. NewAge Business has reported that Ultratech, a subsidiary of India’s Aditya Birla Group, has set the price of the stake at US$32.1m.
Ultratech first produced cement in Bangladesh following Aditya Birla Group’s acquisition of ETA Star Cement in April 2010, when it bought into the latter’s Bangladeshi subsidiary Emirates Cement for an estimated investment of US$382m. The divestment of its sole Bangladeshi asset awaits bank approval.
Bangladesh produces 58Mt/yr of cement, exceeding a market demand of 31Mt/yr. Of the 75 producers in the country, only 35 are actively making cement.
Ramco Cement set to boost capacity
02 September 2019India: Ramco Cement is set to complete its expansion works, aimed at raising total production capacity to 20Mt/yr from 12.5Mt/yr, by the end of 2020.
Ramco’s capacity utilisation in the three months to 30 June 2019 was 90%, 23% above the national average of 67%. ProjectsToday reports that the company is investing US$467m in developments, including a US$347m grinding plant in Arunachal Pradesh.
The company reported net profits of US$26.7m in the quarter to 30 June 2019, up by 53.6% from US$17.3m in the same period of 2018, against a backdrop of a struggling domestic market, with national cement sales in July down by 2.8% to 3.6Mt from 3.5Mt a year ago.
Strong first fiscal quarter for UltraTech
09 August 2019India: UltraTech Cement has reported a 91% rise in its profit for the first quarter of the 2020 fiscal year, to US$170m from US$89m in the first quarter of the 2019 fiscal year. Its net sales were up by 15% to US$1.49bn, despite flat sales volumes. These were 2% higher at 17.86Mt, compared to 17.48Mt a year earlier.