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News agreement

Displaying items by tag: agreement

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Shiva Cement and Bhushan Power and Steel sign agreement for 1Mt/yr grinding unit

23 January 2025

India: Shiva Cement, a JSW Cement subsidiary, has signed an agreement with Bhushan Power and Steel (BPSL) for the development of a 1Mt/yr cement grinding unit at BPSL's premises in Sambalpur, Odisha. The agreement formalises the proposed transaction following board and shareholder approvals in 2024, as well as the signing of a memorandum of understanding.

Under the agreement, BPSL will construct, install and operate the grinding unit for Shiva Cement. The total transaction value is capped at US$44m.

Published in Global Cement News
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PPC and Sinoma to build US$159m cement plant in Western Cape

16 January 2025

South Africa: PPC has partnered with Sinoma Overseas Development to build a US$159m, 1.5Mt/yr cement plant at an existing site in Western Cape. The plant will supply customers in Western Cape, Eastern Cape, and Northern Cape. This comes after PPC and Sinoma signed a 'strategic co-operation agreement' in July 2024 that would see them partner with each other to identify new projects and opportunities to improve the efficiency of PPC's operations.

Equipped with solar power and ‘the latest’ technology, the facility will reportedly improve energy efficiency, reduce coal consumption and lower emissions per tonne of cement produced, contributing to reduced production costs.

Over the next three months, the parties will finalise the scope and final assessment of the new plant, as well as the associated turn-key engineering, procurement and construction agreements. Construction of the new plant is expected to begin in the second quarter of 2025, with the plant commissioned by the end of 2026.

PPC CEO Matias Cardarelli said "With this new and most advanced energy and environmentally efficient plant in the country, we will be able to supply our customers with lower-carbon cement at a more competitive cost.”

Published in Global Cement News
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Capsol Technologies to conduct pre-FEED study for European cement plant

16 January 2025

Europe: Capsol Technologies has been awarded an engineering services agreement for a pre-FEED (front-end engineering design) study on its CapsolEoP carbon capture technology at a cement plant in Europe, aiming to capture 600,000t/yr of CO₂.

Johan Jungholm, chief of business development at Capsol Technologies, said "We are building on our commercial traction within cement, where Capsol has emerged as a preferred carbon capture technology provider. CapsolEoP can operate with up to 50% lower energy use than traditional post-combustion technologies such as amines. This, together with reduced complexity, has the potential of reducing levelised capture costs by 20-60% for cement plant owners looking to decarbonise their operations.”

Published in Global Cement News
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Hoffmann Green extends US licensing agreement

15 January 2025

US/France: Hoffmann Green Cement Technologies has extended its licensing agreement with Hoffmann Green USA, signed in July 2024, to cover 25 states in the eastern United States. This has triggered an additional entry fee of €8m, following the €2m already received. The agreement grants industrial and technological transfer rights and exclusivity in the expanded territory. It includes fixed and variable royalties based on sales of Hoffmann Green cements. Hoffmann Green USA may also sub-license units in these territories, with discussions currently underway with potential sub-licensees.

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Tetracore Energy to supply gas to Dangote Cement

06 January 2025

Nigeria: Tetracore Energy has entered into an agreement with Dangote Cement to supply up to 400,000m3/day of compressed natural gas (CNG) for its logistics operations. The energy provider will deploy its mobile refilling units and establish mother stations nationwide to provide a supply of CNG for Dangote’s logistics fleet.

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East African Holding partners with Ethiopian Construction Works Corporation

03 January 2025

Ethiopia: East African Holding (EAH) has entered into a memorandum of understanding with the Ethiopian Construction Works Corporation (ECWC) to boost infrastructure development through the supply of cement products from its Lemi National Cement and Dire Dawa plants. The agreement was signed by Biru Wolde, CEO of EAH, and Yonas Ayalew, CEO of ECWC.

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Schwenk Zement enters agreement with Iberdrola for wind power supply

31 December 2024

Germany: Iberdrola Germany and Schwenk Zement have entered a long-term electricity supply agreement. Schwenk will receive 1500GWh from the Windanker offshore wind farm, currently under construction in the Baltic Sea. This supply will account for about 20% of Schwenk's electricity needs. The wind farm will have 21 turbines, each with a capacity of 15MW, and will cover an area of approximately 17.9 km², located 38km northeast of Rügen. The farm will be connected to the grid in 2026.

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FLSmidth Cement signs licensing agreement with Sinoma International Intelligent Technology (IIT) for QCX lab equipment

26 December 2024

China/Denmark: Denmark-based FLSmidth Cement has signed a licensing agreement with Sinoma International Intelligent Technology (IIT) covering the production and sale of QCX lab equipment in China. Cyril Leung, Country Head China – FLSmdith, said “The deal effectively provides us a new sales channel and represents our continued commitment to enhancing our services in the world’s largest cement market.”

All QCX equipment that FLSmidth Cement supplies outside of China will continue to be made in Brno, Czech Republic. Development and delivery of QCX software will remain in Denmark. FLSmidth noted that the agreement has no impact on the ongoing divestment of FLSmidth Cement.
FLSmidth Cement’s QCX lab equipment supports sampling, preparation and analysis. Products in the range include the QCX/RoboLab laboratory automation system, analysers, sample preparation products, quality control systems and laboratory software.

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Hoffmann Green Cement Technologies signs licensing agreement with Cemblend

20 December 2024

UK/Ireland: France-based Hoffmann Green Cement Technologies has launched a strategic licensing agreement with UK partner Cemblend, furthering its international expansion strategy. The deal builds on an existing partnership established in 2022 for the launch of Hoffmann’s 0% clinker cements, with the partners aiming to accelerate the decarbonisation of the construction sectors in the UK and Ireland. Under the terms of the agreement, Hoffmann Green will receive up to €2m in entry fees and annual royalties tied to the sales of Hoffmann cements and premixes. Cemblend will construct production units in the UK to support the rising demand for sustainable building materials.

Thomas Atkinson, international director of Hoffmann Green Cement Technologies, said “2024 marks a key period in Hoffmann Green's international development. After signing a strategic partnership in the US and strengthening our development in Saudi Arabia, this new licensing agreement provides us with ambitious new perspectives on the European market.”

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Capsol Technologies to deliver carbon capture project for Holcim

16 December 2024

Germany: Capsol Technologies has signed a cooperation agreement with Holcim to deliver a CapsolGo carbon capture demonstration campaign at Holcim’s Dotternhausen plant in southern Germany. The CapsolGo campaign will test Capsol’s carbon capture technology using its hot potassium carbonate (HPC) solvent. Capsol Technologies will provide the demonstration as a turnkey solution, including testing and validation to supply critical data and insight into the technology.

Dieter Schillo, plant manager of Holcim (Süddeutschland), said “The CapsolEoP (End-of-Pipe) unit’s design, requiring no external steam supply and exhibiting low energy consumption, makes it an attractive option for our Dotternhausen plant.”

If successful, Holcim plans to deploy Capsol’s technology across multiple cement plants globally. This builds on a feasibility study conducted by Aggregate Industries UK, a Holcim subsidiary, for the Cauldon cement plant in Stoke-on-Trent. Testing at Dotternhausen will run for four months, starting in the second quarter of 2025.

Published in Global Cement News
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