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LafargeHolcim and Schlumberger New Energy to study carbon capture and storage studies at two cement plants

10 February 2021

Europe/North America: Switzerland-based LafargeHolcim and US-based Schlumberger plan to study the feasibility of carbon capture and storage (CCS) systems at two cement plants in Europe and North America. The companies say that the partnership is intended to as a precursor towards the deployment of large-scale CCS solutions.

LafargeHolcim’s chief sustainability officer Magali Anderson said, “Today’s announcement is further proof of LafargeHolcim’s environmental leadership and commitment to pioneer new solutions to reduce carbon emissions on our journey to become a net zero company. Our partnership with Schlumberger, the world’s leading provider of technology to the global energy industry, will bring new advances in storage that could be replicated at scale across our sites.”

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Holcim Argentina presents voluntary retirement plan to workers at Yocsina grinding plant

10 February 2021

Argentina: LafargeHolcim subsidiary Holcim Argentina has presented a voluntary retirement plan to all 50 workers at its Yocsina grinding plant in Cordoba. The La Voz del Interior newspaper has reported that the company is stopping production at the site and has invested US$120m in its integrated Malagueño cement plant in order to consolidate production there. Construction of the Yocsina plant originally started in 1959.

The company said, “At Holcim Argentina we are convinced of the potential of the Argentine market, and - as we have been doing for more than 90 years - we will continue to bet on the development of our country, both in private works and in public infrastructure."

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JK Cement increases nine-month consolidated sales and post-tax profit in 2021 financial year

09 February 2021

India: JK Cement’s consolidated revenue from operations in the first three quarters of its 2021 financial year rose by 5% year-on-year to US$614m from US$584m. Its consolidated profit after tax rose by 52% to US$67.1m from US$44.3m, while standalone earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 29% to US$147m from US$115m. Its sales volumes of cement grew by 9% to 7.75Mt from 7.12Mt.

The group reported that it had two projects on-going in the period with a combined cost of US$267m at 31 December 2020. These were the installation of an overland belt conveyor for limestone at a 4.2Mt/yr cement plant expansion and the upgrade of Line 3 of its Nimbahera cement plant in Rajasthan.

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Cemex USA receives US Department of Energy grant for carbon capture technology study

09 February 2021

US: The US Department of Energy has awarded a grant to Cemex USA, UK-based carbon capture and storage (CCS) specialist Carbon Clean and Oak Ridge National Laboratory. The grant covers the implementation of a CCS system at Cemex USA’s Victorville cement plant in California, in addition to the development of a commercially viable carbon utilisation solution. The producer says that the study is due to last 30 months.

President Jaime Muguiro said, “Cemex is committed to being part of the solution to reduce carbon emissions globally and to deliver net-zero CO2 concrete to all of our customers by 2050. We cannot achieve these aims without innovative technology and collaborative relationships with both public and private organizations who share a commitment to climate action. This grant gives us an excellent opportunity to further develop a new technology to help us all reach our goals.”

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Lafarge France to convert Contes cement plant into a terminal

08 February 2021

France: LafargeHolcim subsidiary Lafarge France plans to stop cement production at its integrated Contes cement plant in Alpes-Maritimes department and convert the site into a terminal instead. France Bleu radio has reported that the company has announced the loss of 65 jobs. The company promised to take measures to avoid forced redundancies, including offering positions at other Lafarge France sites and help with retraining. The union representing workers at the plant says that the total number of jobs at risk is 300. The producer said that its Bouc-Bel-Air (La Malle) integrated cement plant in Bouches-du-Rhône department near Marseille will provide jobs for truck drivers and subcontractors. It said, “This will require additional industrial maintenance and increase logistics needs. These jobs are not threatened, they should even develop."

Six workers will stay on at the Contes facility after the end of cement production.

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ACC breaks ground on 2.7Mt/yr Ametha cement plant project

08 February 2021

India: Ambuja Cements subsidiary ACC has held the groundbreaking ceremony for its upcoming 2.7Mt Ametha integrated cement plant near Kymore, Madhya Pradesh. The company says that the plant will be equipped with an additional 1Mt/yr grinding unit and a 15MW waste heat recovery (WHR) plant. It estimated that the new plant will generate over 5000 indirect jobs. The producer currently operates 3.6Mt/yr of clinker production and 2.7Mt/yr of grinding capacity in the state.

LafargeHolcim India chief executive officer and Ambuja Cements managing director and chief executive officer Neeraj Akhoury said, “Our Business Excellence Journey has been successful on account of the continuous support and guidance rendered to us by the State Government. It is a great privilege and honour for us to be one of the pioneers in the industrialisation journey of Madhya Pradesh. The new project will further strengthen our partnership and propel the growth of the State.”

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Cementir Holding increases sales and cement and clinker volumes in 2020

05 February 2021

Italy: Cementir Holding recorded revenues from sales and services of Euro1.22bn in 2020, up by 1% year-on-year from Euro1.21bn in 2019. Cement and clinker volumes rose by 13% to 10.7Mt from 9.49Mt. Volumes registered the sharpest increase in Turkey, of 39%. Ready-mixed concrete (RMX) volumes grew by 7.8% to 4.4Mm3 from 4.1Mm3. The company maintained its 2019 earnings before interest, taxation, depreciation and amortisation (EBITDA) levels of Euro264m. It said that an improvement in performance in Turkey, Denmark, Egypt, China and Sweden balanced out negative effects on earnings in Belgium, US and Malaysia.

Chair and chief executive officer Francesco Caltagirone said, “In 2020, despite the serious pandemic, the group showed significant resilience with a 13% increase in cement volumes sold and revenue reaching the historical record. On a recurring basis, EBITDA increased by 2%, EBIT was up by 4% and yearly cash generation was Euro119m."

Under Plan 2021 – 2023 Industrial Plan, the company says that it envisages sales growth of 20% to Euro1.47bn and EBITDA growth of 29% to Euro340bn in 2023 compared to 2020 figures. It said that digitalisation investments begun in 2019 will contribute an expected Euro15m to EBITDA in 2023. As part of its sustainability commitments it has set a CO2 emissions reduction target of around 30% by 2030, with emissions below 500kg/t of grey cement. However, it said that under the future European Taxonomy criteria white cement emissions are not included.

The group is planning to invest around Euro107m from 2021 to 2023 on sustainability and digitalisation. This includes a the construction of a new calcination plant in Denmark for the production of its Futurecem product and, the installation of wind turbines with an installed capacity of 8.4MW. It is also planning to increase the alternative fuels substitution rate at its integrated Gaurain plant in Belgian to 80% from 40% and invest in the use of natural gas and biogas in some of its plants.

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Schwenk Latvija plans Euro34m upgrade to Broceni cement plant

05 February 2021

Latvia: Schwenk Building Materials Group subsidiary Schwenk Latvija plans to invest Euro34m in installing a new 170t/day grinding mill and 12,500t silo at its Broceni cement plant. The Baltic Business Daily newspaper has reported that the company aims to reduce energy consumption with the new mill.

The group acquired Schwenk Latvija from Cemex in February 2019 as part of a Euro340m expansion into the Baltic and Nordic markets. The company’s 2019 profit was Euro36.4m.

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Cemex to participate in LEILAC 2 decarbonisation project

05 February 2021

Germany: Mexico-based Cemex has announced its planned participation in Australia-based Calix and others’ LEILAC (Low Emissions Intensity Lime And Cement) 2 carbon capture and storage (CCS) project at HeidelbergCement’s Hanover cement plant in Lower Saxony. Cemex previously assisted the LEILAC partnership at its first installation at HeidelbergCement’s cement plant in Lixhe in Belgium. The company said that it will contribute to the technology's development utilising its gasification process expertise, leveraging its skills in alternative fuel (AF) consumption and computational fluid dynamic simulation design.

Global head of research and development Davide Zampini said, "Our participation in the LEILAC 2 project is another example of our continued efforts to deliver net-zero CO2 concrete products globally by 2050. We are determined to have a significant direct involvement in research and development efforts pursuing high impact technologies in carbon capture, use, and storage."

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Ramco Cements reports nine-month profit growth amid sales fall in 2021 financial year

04 February 2021

India: Ramco Cements’ nine-month profit for the period ending on 31 December 2020 was US$77.9m, up by 23% year-on-year from US$63.3m in the corresponding period of the 2020 financial year. Cement sales volumes dropped by 18% to 67.6Mt from 82.7Mt. Its revenue from sale of products fell by 9% to US$488m from US$535m.

The company reported that it has redeposited US$3.54m for its appeal against cartelisation charges that carrya penalty of US$35.4m. It said, “The company, backed by legal opinion, believes that it has a good case and hence no provision is made.”

The cement producer plans to commission a 1.5Mt/yr clinker line and a 9MW waste heat recovery (WHR) system at Jayanthipuram, Andhra Pradesh and a 2.25Mt/yr clinker line at Kurnool, Andhra Pradesh in the first quarter of its 2021 – 2022 financial year. A 1Mt/yr grinding unit, a 12MW WHR unit and a thermal power plan are expected to be commissioned later in the year.

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