Displaying items by tag: US
Filiberto Ruiz elected as chair of PCA
14 December 2022US: The Portland Cement Association (PCA) has elected Filiberto Ruiz as its next chair. He is the current vice-chair of the association and is the president and chief executive officer (CEO) of Votorantim Cimentos North America. He will succeed Ron Henley, the president of GCC of America, in the post.
Massimo Toso has been elected as the vice chair. He is the PCA’s Climate and Sustainability Council co-chair and is the president and CEO of Buzzi Unicem USA. David Loomes, the president of Continental Cement Company, has also joined the PCA board. He succeeds Tom Beck, the executive vice president of Summit Materials, who has stepped down from the board.
USGS publishes Cement in September 2022 report
09 December 2022US: Cement companies produced 58.5Mt of clinker during the first nine months of 2022, in line with nine-month 2021 volumes, according to the United States Geological Service (USGS). The USGS’s Cement in September 2022 report recorded export volumes of 314,000t of cement in the nine-month period up to September 2022, down by 4.2% year-on-year. Meanwhile, delivery figures showed a growth in domestic cement shipments of 4.1% year-on-year to 83.2Mt.
US: Purebase and Fortera have signed a non-binding agreement to build a commercial plant at Purebase’s headquarters in Ione, California. The companies are working towards a definitive agreement to build a plant using Fortera proprietary recarbonation process that uses captured CO2 and mineralises it into a secondary cementitious material.
Scott Dockter, the chairman, and chief executive officer of Purebase, said, “We believe that a strategic partnership with Fortera would put Purebase on a fast-track to bring a lower carbon product to market.” He added, “We believe Fortera has developed a unique solution to reduce carbon emissions in cement, and it will have the advantage of using Purebase’s mineral resources and location in Ione, California which is ideally located in northern California near major ports which can effectively serve the western-US markets and abroad.”
Purebase acquires, develops, and markets minerals for use in agriculture, construction, and other specialty industries.
US: Mitsubishi Heavy Industries Engineering has launched a new carbon capture alliance with energy company ExxonMobil. Under the partnership, ExxonMobil will deploy Mitsubishi Heavy Industries Engineering's liquid amine carbon capture model for its customers across multiple industries. Kansai Electric Power (KEPCO) will also support the deployment in more CO2-intensive industries, including cement.
Mitsubishi Heavy Industries Engineering president and CEO Kenji Terasawa said “Carbon capture and storage technology and innovation are critical to our path to net zero. As an expert in advanced engineering, Mitsubishi Heavy Industries is committed to leading the way in achieving decarbonisation goals through strategic collaboration and investments in new technologies. We look forward to partnering with ExxonMobil to continue advancing carbon capture technologies, to provide essential carbon neutrality solutions for various industries.”
Titan America completes Portland limestone cement conversion
30 November 2022US: Titan America has successfully converted its cement operations to 100% Portland limestone cement (PLC) production. As part of its transition, the producer established two new 70,000t storage domes to serve its key markets.
President and CEO Bill Zarkalis said "I would like to thank all members of the Titan America team who are able and energised to provide the highest performing products to our customers, and do so with our 2030 goals for a sustainable future at top of mind. Our conversion to 100% Type IL PLC production and our expanded investments to deliver lower carbon products and solutions to customers showcase the progress we have made and our commitment to accelerate our contribution to addressing climate change."
Update on CRH, November 2022
23 November 2022CRH released its third quarter trading statement this week and the results were rosy, especially when compared to its peers in the cement business. Double digit growth in both sales revenue and earnings was reported for the nine month period so far in 2022. The company’s figures mainly attributed this to growth in its Americas Materials and Building Products divisions, although the presentation in its trading update took care to point out that the Europe Materials division had reported growth in the first half of 2022 only for it to run into a slowdown in the third quarter as energy prices increased. Even this wasn’t as bad on a like-for-like basis, with only earnings down in the third quarter in Europe. Chief executive officer Albert Manifold summed it up as follows: “This performance reflects the resilience of our business and the benefits of our integrated and sustainable solutions strategy.”
Manifold’s focus on integrated products was unsurprising given that the group has spent US$3bn in the year to date on businesses that make these kinds of things. These acquisitions have been added to its Building Products division adding to its already strong growth so far in 2022. The big one was the US$1.9bn deal to buy Barrette Outdoor Living, a US-based retailer and distributor of residential fencing and railing products. This was completed in July 2022. Other so-called bolt-on investments in 2022 have reached a total of US$1.1bn for 20 companies including Calstone, Hinkle, Rinker and Normandy in outdoor living, road and critical utility infrastructure sectors.
At the same time the group divested its architectural glass Building Envelope business for an enterprise value of US$3.8bn to private equity company KPS Capital Partners. That deal was completed in May 2022. On a smaller scale, it is also worth noting that Thomas Gruppe announced in early November 2022 that it had signed a purchase agreement to buy Opterra Zement and Opterra Beton. This includes the integrated Karsdorf cement plant, the decommissioned Sötenich grinding plant and the Neufahrn ready-mix concrete plant. However, there was no mention by Thomas Gruppe of the integrated Wössingen plant operated by Opterra Wössingen. Neither Opterra or CRH appears to have commented on this publicly yet though.
How CRH tweaks its business portfolio is interesting in comparison to the other cement companies. As Global Cement Magazine has covered recently, Holcim is bulking up a fourth business in light building materials and Cemex, Heidelberg Materials and others are similarly diversifying away from cement production to various degrees. CRH has generally held a more mixed portfolio away from the heavy materials trio of cement-concrete-aggregates over the last decade. However, it concentrated more on heavy materials when it picked up assets divested in the merger of Lafarge and Holcim in 2015. Since then it has been steadily pulling out of developing markets and focusing on North America and Europe. So, to see CRH moving out of the building envelope sector at the same time as Holcim and others dive in is a clear difference in approach.
The other point to highlight is that Manifold links sustainability to the group’s integrated products plan in his quote above. Earlier in 2022 the company revealed a new 25% reduction target in absolute CO2 emissions by 2030, that has been certified by the Science Based Targets initiative (SBTi), and a continued goal of becoming net-zero by 2050. It clearly takes sustainability seriously as Manifold was also previously the president of the Global Cement and Concrete Association when it was set up in 2018. Other indicators include the company’s use of an internal carbon price as indicated in its 2021 sustainability report. It also mentioned here that 43% of its direct CO2 emissions were covered under an emissions trading scheme. One implication here is that focusing on doing business in developed markets means that the group has to take its CO2 emissions seriously, as legislators in these places do too.
CRH is one of the largest building materials companies in the world and its cement business has grown and shrunk a little over the last decade. Despite this it remains in the top 10 of cement producers globally based on production capacity. Its purview of multiple markets in building materials continues to make it a company to watch as the more traditional heavy materials cement companies adjust their own product portfolios.
US: Cemex USA and RTI International have secured US$3.7m in funding from the US Department of Energy for their Balcones cement plant amine technology carbon capture study. The plant in New Braunfels, Texas, will trial RTI International's non-aqueous solvent (NAS) system, licensed by energy and technology company SLB. Resources News has reported that the system will have a CO2 capture capacity of 670,000t/yr. RTI International's principal project investigator Vijay Gupta said that NAS capture has a 30 - 40% lower energy penalty than preceding solvent-based technologies.
Cemex USA president Jaime Muguiro said "We remain committed to exploring technologies that can help us meet our targets as we build a more sustainable future. We are striving to cut emissions across all our operations, and this study with RTI International is one of the many steps Cemex is taking to achieve our objectives."
Cemex announces raft of carbon capture projects
22 November 2022Mexico: Cemex has announced a raft of new carbon capture projects in Europe and North America. When commissioned, they will bring its total installed CO2 capture capacity to over 3Mt/yr. The projects consist of three front-end engineering (FEED) studies to scale installations of Australia-based Leilac’s direct separation technology at Cemex cement plants in Germany, Poland and the US; a fourth FEED study for 95% capture installation at the Balcones, Texas, cement plant using RTI International's solvent capture technology and a development partnership for the cement industry's most comprehensive carbon capture, utilisation and storage (CCUS) studies at eight further cement plants in Europe, Mexico and the US.
Chief executive officer Fernando González said “CCUS brings together the essence of our strategic priorities: sustainability and innovation. Our Future in Action programme to achieve sustainable excellence and become a net-zero company is all about measurable, verified progress towards the most ambitious decarbonisation pathway in the industry. Although CCUS technologies are not ready to be scaled quite yet, it will take relentless work and innovation to ensure their viability in time to avoid the most damaging effects of climate change.”
Holcim US fined US$100,000 for alleged dust emissions
21 November 2022US: The Alabama Department of Environmental Management (ADEM) has ordered Holcim US to pay a US$100,000 fine for alleged fugitive dust emissions from its Theodore cement plant in Mobile. Between February and August 2022, witnesses reported multiple dust plumes sighted above the plant, which is situated on the Theodore canal. AL.Com News has reported that, while neither admitting or denying the contentions, Holcim US said that it has taken actions affecting its raw materials unloading processes to ensure compliance.
Plant manager Clay Copeland said “We have worked closely with the ADEM to address concerns raised earlier this year."
Lehigh Hanson will permanently close Glens Falls cement plant
18 November 2022US: Lehigh Hanson has announced the upcoming permanent closure of its Glens Falls cement plant in northeastern New York. Times Union News has reported that the producer has extended an offer of financial and job-hunting support to the plant's 85 employees. A phased closure will commence in 2023. The company said that 'changes to the competitive landscape within the context of a global cement industry' partly informed its decision, in addition to the 'small, aging and inefficient' condition of operations at the plant. Lehigh Hanson's Mitchell, Indiana, cement plant will cover the plant's market in future.
Lehigh Hanson Northeast regional president Alex Car said "We are committed to continuing to supply our customers in the New England region. We have the available capacity to meet the current and future needs of our customers, even after the Glens Falls plant halts production." Car added "We are thankful for the dedication and efforts of our Glens Falls workforce over the years and we will work to minimise the impacts to our employees and the community as much as possible."