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News Sustainability

Displaying items by tag: Sustainability

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Cemex's first-half revenues rise in 2023

27 July 2023

Mexico: Cemex recorded first-half 2023 revenues of US$8.6bn, up by 11% year-on-year from US$7.76bn for the first half of 2022. The group's operating earnings before interest, taxation, depreciation and amortisation (EBITDA) totalled US$1.69bn, up by 18% from US$1.4bn. The group said that the results bring it close to achieving its aim of restoring its 2021 EBITDA margins.

Chief executive officer Fernando A González said “The success of our pricing strategy, bolt-on investments and Urbanisation Solutions business, as well as decelerating cost inflation, are driving what is shaping up to be a very strong year for our company." He continued "Beyond our financial results, we continue progressing on the ambitious carbon reduction and circularity commitments of our Future in Action programme, remaining on the path to becoming a net zero CO2 company by 2050.”

Published in Global Cement News
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Titan Cement Group boosts sales in first half of 2023

27 July 2023

Greece: Titan Cement Group reported sales of Euro1.23bn in the first half of 2023, up by 19% year-on-year from Euro1.04bn in the first half of 2022. Its sales rose by 25% to Euro736m in the US, by 21% to Euro197m in Greece and Western Europe and by 16% to Euro195m in Southeast Europe. However, they fell by 11% to Euro101m in the Eastern Mediterranean. The producer noted a cement demand decline in Brazil of 1.6%. Titan Cement Group's consolidated earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 77% to Euro241m from Euro136m.

Chair Marcel Cobuz said “An excellent first half of the year with strong pricing over costs and increased percentage of low carbon sales reaching 25% in infrastructure and building projects across the group. We are well on track for a record year of growth and an accelerated roadmap of decarbonisation and digitalisation.”

Published in Global Cement News
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Lafarge Canada’s Richmond cement plant completes transition to 100% ECOPlanet cement production

26 July 2023

Canada: Holcim subsidiary Lafarge Canada has successfully transitioned its Richmond cement plant to exclusively producing ECOPlanet reduced-CO2 cement. The company says that cement produced at the plant in British Columbia will offer at least 30% reduced CO2 emissions compared with ordinary Portland cement (OPC).

Lafarge Canada West president and chief executive officer Brad Kohl said “This is a proud moment for our organisation. This conversion in Lafarge’s Western Canada division highlights our strong commitment to accelerating green growth."

Published in Global Cement News
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Vicat and Materrup to build MCC1 raw clay cement plant in Occitanie

25 July 2023

France: Vicat and Materrup plan to build their first reduced-CO2 MCC1 raw clay cement plant at Carbonne in Occitanie. The plant will have a capacity of 60,000t/yr. Vicat and Materrup plan for their joint venture to subsequently build three further units across France.

Vicat's chair and chief executive officer Guy Sidos said "This new structure will enable Vicat to provide complementary very low-carbon solutions and meet the different needs of players in the construction sector. Development prospects are promising."

Published in Global Cement News
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Cemento Yura to transition Yura cement plant to alternative fuels

25 July 2023

Peru: Grupo Gloria subsidiary Cemento Yura plans to transition its Yura cement plant from using coal to alternative fuels (AF) in its cement production. Additionally, the producer will build a 30MW solar power plant at the site. The Gestión newspaper has reported the total value of the upgrades as US$50m. Both projects are scheduled for commissioning in mid-2025.

In the 2023 financial year, which ended on 30 June 2023, Peruvian cement despatches fell by 8% to 12.6Mt.

Published in Global Cement News
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Lafarge Cement to install filter system at Cauldon cement plant

25 July 2023

UK: Aggregate Industries subsidiary Lafarge Cement has begun installing a new Euro10m bag filter system at its 1Mt/yr Cauldon cement plant in Staffordshire. The project is due for delivery in early 2024. The system consists of 2080 fabric bags to remove particulates from the plant's flue gases. It will replace the plant's existing electrostatic precipitation system. The company says that the system will triple the removal rate of particulates, reducing them to 10mg/Nm3 from 30mg/Nm3.

Cauldon cement plant manager Thierry Davila said “The installation of the new system will help us provide a step change in our efficiency and effectiveness, and optimise kiln performance. The plant and our operations will hugely benefit from up-to-date technology, which will result in more consistent running of the site, but also it will improve environmental performance and benefit the local community. The new filter system will mean less dust and emissions into the atmosphere and a reduction in pollutants, which is hugely positive and in line with our approach to sustainability.”

Published in Global Cement News
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Orient Cement to acquire 29% stake in Ardeur Renewables

24 July 2023

India: CK Birla Group subsidiary Orient Cement has concluded a share subscription and shareholders' agreement with Cleantech India to acquire a 29% stake in Ardeur Renewables for US$1.16m. Ardeur Renewables is building a 16MW solar power plant at Orient Cement’s Chittapur cement plant in Karnataka and a 5.5 MW solar power plant at Orient Cement’s Jalgaon cement plant in Maharashtra. The cement producer says that the acquisition will help it to further increase its renewables usage and optimise its energy costs.

Published in Global Cement News
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Lafarge Africa to sell bulk Portland limestone cement as Roadcem

24 July 2023

Nigeria: Lafarge Africa has applied to the Standards Organisation of Nigeria (SON) to use the product name Roadcem for its CEM-II Portland limestone cement (PLC) when sold in bulk. The Nigeria Tribune newspaper has reported that Lafarge Africa supplies PLC in bulk for use as a soil stabiliser in roadbuilding. It sells supplies the product bagged to retailers as Classic PLC.

SON certified Lafarge Africa's PLC under its Mandatory Conformity Assessment Programme.

Published in Global Cement News
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IKN delivers pendulum cooler for Prism Cement's Prism plant

21 July 2023

India: Prism Cement has taken delivery of a pendulum cooler supplied by Germany-based IKN at its Prism cement plant in Maharashtra. The new equipment will replace the 6.1Mt/yr plant's existing air beam technology cooler. The supplier says that this will help to improve the efficiency of waste heat recovery (WHR) processes at the plant.

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Titan Cement Group invests in Rondo Energy and Zacua Ventures

21 July 2023

Greece/US: Titan Cement Group has made new venture capital investments in two US-based disruptive technology suppliers. The cement producer enlarged its investment in energy storage specialist Rondo Energy, which has developed the Heat Battery. The technology enables cement plants and other industrial operations to access a constant supply of electricity using captive renewable energy sources. It also invested in venture capital firm Zacua Ventures, which handles a portfolio of companies involved in developing optimisation, automation and Construction 4.0 technology, including products relevant to the cement industry.

Titan Group Chief Sustainability and Innovation Officer Leonidas Canellopoulos said “We are committed to embracing innovation and fresh perspectives. By engaging with advanced construction and green technology startups through direct and indirect investments, as well as collaborations, we intend to forge more partnerships in the sector.”

Published in Global Cement News
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