Displaying items by tag: planning

South Korea: Hanil Cement has appointed its chief executive officer (CEO) and vice-president Jeon Gun-Sik as its president. He first joined the company in 1991, according to the Maeil Business Newspaper. He worked as the vice plant manager of the Danyang Plant, the head of the business planning department, the head of the business division and the executive vice-president of the head office of Hanil Hyundai Cement. Notably in 2017 he oversaw the acquisition of Hyundai Cement, a subsidiary now known as Hanil Hyundai Cement, that he also runs as CEO and president.

Peru: Grupo Gloria subsidiary Yura says that it is contemplating a cement production capacity expansion. The producer says that process optimisation across its Arequipa and Southern Peruvian cement footprint might go some way towards achieving the envisioned growth. It added that any such projects would go hand in hand with a reform of its customer service practices. Yura is also evaluating possible new limestone mining projects at Pampas del Pongo and Zafranal, and an expansion of its lime production.

DF Sud News has reported that Yura expects to increase its Peruvian cement deliveries by 8 – 10% year-on-year in 2022. Its cement, concrete and lime director for Peru, Chile and Bolivia, Julio Cáceres, forecasts that Peru’s construction demand will continue to grow at twice the rate of gross domestic product. He acknowledged that the company’s 2023 results will likely reflect the country’s expected muted growth compared to 2022. Cáceres said that US$700m-worth of private investment across 30 residential projects in Arequipa is currently suspended, pending the publication of the city’s revised metropolitan development plan.

UK: UK construction recorded its highest ever quarterly total value at Euro27.5bn in the first quarter of 2022. Participants in the industry agreed Euro10.4bn-worth of construction contracts in March 2022. Analyst Barbour ABI has reported that residential construction contracts rose by 50% month-on-month to Euro4.22bn, their highest level since the Covid-19 outbreak arrived in the UK in March 2020. Chief economist Tom Hall noted a year-on-year and month-on-month increase in office construction activity as indicative of a reversal of the home-working trend of the past two years.

Hall said “While the current state of the industry is positive with lots of activity and record-breaking levels of contracts awards and planning approvals in some areas, the horizon is more concerning. Overall, the level of planning applications received in March was low and raises questions about the delivery of the government’s commitment to raise the standard of healthcare across the country and its flagship levelling up agenda.”

Oman: Raysut Cement has said that it will commission its upcoming 1Mt/yr Duqm plant, the country’s first clinker grinding plant, in late 2021. The cost of the project is US$30m. The company’s global capacity target is 10Mt/yr by 2022 and 22Mt/yr ‘in the near future.’ It operates the 3Mt/yr Salalah cement plant in Oman and holds minority stakes in three East African grinding plants.

Support services and business development chief Yousef Ahmed Alawi Alibrahim said “This has been a challenging year for manufacturing industries in general, but RCC has been able to negotiate the hurdles with effective planning focusing on health and safety.”

US: Germany-based HeidelbergCement subsidiary Lehigh Cement has taken legal action against the Santa Clara county planning and development director over processing delays to the company’s planning applications. The Los Altos Town Crier newspaper has reported that the producer plans to fill in an open-pit aggregates mine, to open a second mine and to cut through a natural ridge near to its integrated Permanente cement plant near Cupertino in California. The plans constitute an amendment to a plan previously approved in 2012 .

The company says that it has ‘exhausted available administrative remedies’ against the local government office. It said that the rights it seeks to exercise are not subject to permits. It added that the director deemed the application complete in 2019, before requiring additional processing steps.

Chile: The protest organisation Frente de Defensa de Islay has launched a challenge against the legality of Cbb’s planned 200,000Mt/yr Arequipa grinding plant in the Port of Matarani. The La República newspaper has reported that the organisation says that the plans would violate Islay district’s urban zoning law due to the risk of contamination.

The producer plans to complete the US$20m plant in mid-2021. It acquired the project from Inversiones Primax in 2019.

Australia: Boral plans to increase raw limestone production at its Marulan South quarry in New South Wales to 4.0Mt/yr. Additionally, the company will increase aggregate extraction at the site to 1.0Mt/yr. The Goulburn Post reports that the new South Wales state government has agreed to the US$3.23m upgrade on condition that the building materials company upgrades and realigns a local access road to improve safety. Boral originally applied to expand the open cast mine in 2018.

Switzerland: LafargeHolcim has reported sales of Euro5.03bn in the first quarter of 2020, down by 11% year-on-year from Euro5.66bn in the corresponding period of 2019. Cement sales over the period fell by 10% year-on-year to 45.0Mt from 50.0Mt. The group’s earnings before interest and taxation (EBIT) was Euro249m, down by 14% from Euro290m.

LafargeHolcim CEO Jan Jenisch said that the results showed the group’s ‘resilience, despite the COVID-19 outbreak in China’ in January 2020. Other markets were disrupted from mid-March. “I am confident that LafargeHolcim will emerge from this pandemic as an important contributor to economic recovery as building activity gets back to normal,” he added.

LafargeHolcim’s coronavirus action plan consists of a Euro380m year-on-year capex reduction, a Euro285m year-on-year fixed cost reduction, realisation of energy price reductions, a review of all third party products and services and a reduction of net working capital in line with the level of activity.

Colombia: Cementos Argos owner Grupo Argos has announced a raft of cuts to investments and expenses worth a total of US$245m in response to the impacts of Covid-19. Noticias Financieras News has reported that US$61.2m of the cuts will be to planned investments in expansion projects and raw materials inventory restocking, including to some in the cement business. Group Argos President Jorge Mario Velasquez said that the measures would, “give additional currency for the different sources, cash and funding that the organization has access to and give us relative peace of mind in our cash structure.”

Grupo Argos said it would stick to its US$3.67bn five-year investment plan.

India: Dalmia Bharat has successfully lobbied the Sundargarh, Orisha district government to request the inclusion of the company’s proposed 446 acre expansion to its Lanjiberna limestone and dolomite mine in the agenda of a village meeting in Kukuda, in which public opinion and suggestions will be recorded. The New India Express Newspaper has reported that, due to the special status of Kukuda as a Scheduled Tribal area, the village meeting forms a necessary preliminary step prior to district government permission of planned works. In October 2018, villagers in nearby Jhagarpur successfully blocked construction of Dalmia Bharat’s proposed Industrial Training Institute. The Lanjiberna mine will serve Dalmia Bharat’s 2.3Mt/yr integrated Rajgangpur plant, which was completed in 2019 at a cost of US$281m and awaits commissioning.