Saudi Arabia: The crowded cement sector in Saudi Arabia is experiencing tensions due to its varying market shares, according to Majed Al Osailan, vice chair of the National Cement Committee. He noted that despite initial slow demand, renewed spending on construction has led to a shift, with most companies now able to meet market needs. The cement sector saw its first merger between Qassim Cement and Hail Cement, according to Argaam news, with another planned between City Cement and Umm Al-Qura Cement. NCC chair Badr Johar said that demand for cement is expected to strengthen substantially from late September 2024 to February 2025.

Jamaica: Caribbean Cement Company has confirmed a shortage of cement due to increased demand following the impact of Hurricane Beryl. Despite concerns about its effect on the construction sector, former president of the Incorporated Masterbuilders Association of Jamaica Lenworth Kelly, says the lack of supply is typical for the local market and not a cause for concern, expecting a return to normality within a week, according to Radio Jamaica News. Caribbean Cement Company has stated that it has a supply of cement in storage for the period during its scheduled maintenance.  

Kelly said "It's just a matter of when supply gets back to you. And I know the supply is back up, but it has to get to every little town, every little location. I know the bulk suppliers would be receiving now, but I'm not expecting any significant contribution to a decline, as it were. We had a significant spike, and so we would expect some trending down."

Uzbekistan: Cement companies in Uzbekistan produced 9.08Mt of cement from January to July 2024, marking a 34.6% rise year-on-year. In July 2024, production reached 1.33Mt.

Latvia: Stiga RM is investing more than €32m in a new wood-wool cement board plant in Tukums, expected to complete construction by late 2024 and be operational by the end of 2025. Covering 15,000m², the plant will create almost 100 new jobs and focus on high-quality wood products, primarily for export markets in Europe, Scandinavia and North America. The plant has a capacity of 4.5Mm²/yr of acoustic wood-wool cement boards. The company has an agreement with SCM Group for the supply and installation of the production equipment at the plant.

Manager Sandis Fogelmanis said "We are pleased that the construction of the new plant is progressing according to plan and, at some stages, is even ahead of the original schedule."

Belgium: Heidelberg Materials Lixhe (formerly CBR) has applied to expand the Romont quarry towards Kanne, ensuring the Lixhe plant's operations for the next 20 years with an additional 94.75 hectares. This expansion marks the third and final phase, intending to continue marl extraction on Walloon territory. A public inquiry is scheduled from 16 September - 30 October 2024.

Director Benoit Gastout said "Based on a recent environmental impact report, we are now requesting the partial revision of the regional plan and an environmental permit for the desired extension. We are very aware of the impact of the quarry on the region. That is why we have been taking various measures for years to ensure that Romont is embedded in the landscape as well as possible and that the fauna and flora are respected because of the rich biodiversity. The priority in all of this remains that we want to live in harmony with the local population.”

Greece: Titan Group has launched a sustainability-linked financing framework, aligning its financial strategy with its greenhouse gas emission reduction targets validated by the Science Based Targets initiative. This framework supports the company's sustainable growth ambitions under its Green Growth Strategy 2026. Future notes will fund general corporate purposes, including sustainable projects and decarbonisation efforts towards Titan’s transition to net-zero emissions.

Chief sustainability and innovation officer Leonidas Canellopoulos said “Transforming the building materials industry towards a more sustainable, net-zero future requires significant investments, with sustainable finance playing a crucial role in this transformation. The framework will enable Titan to attract a broader range of investors, including those focused on sustainable investments and ESG portfolios. Our financial and sustainability strategies are now aligned under a solid framework, further strengthening our stakeholders’ confidence and trust.”

Mexico: Veolia Mexico announced in its sustainability report that it has managed the recycling and reuse of nearly 20,000t of waste for the cement industry, as well as reducing water consumption by 15%. The company has reportedly treated 1.1Mt of solid waste and generated 22,134MWh of electricity from biogas.

Leslie Lamadrid, director of sustainability, said "This demonstrates the effectiveness of the strategies implemented and Veolia's dedication to achieving its sustainability goals."

Spain: The regional government's Ministry of Development and Environment has renewed the Emas System for environmental management at the Toral de los Vados cement plant. Initially joining the Emas system in 2018 along with 30 other companies in the region, now only 17 maintain the certification. To maintain this voluntary certification, the plant must establish yearly environmental objectives, demonstrate its commitment to achieving them and assume a commitment to continuous improvement, verified through independent audits.

Director of the cement plant Jaime Santoalla said "This certification is an endorsement of the efforts we make in terms of sustainability, as well as our commitment to the environment. We are very proud to have celebrated 100 years in the region with the aim of becoming more sustainable every day and reducing our environmental footprint."

One surprise at the end of August 2024 was that Türkiye-based Çimsa has agreed to buy a majority stake in Ireland-based Mannok. The subsidiary of Sabancı Holding signed a deal to acquire just under a 95% stake in Mannok Holdings based on an enterprise value of Euro330m for 100% of the shares. The final purchase price will be determined later in the process, as will a potential completion date subject to the usual regulatory approvals.

Çimsa has described the deal as its “third major global initiative in the past three years” following expansions in the US and Spain. Çimsa started production at its 0.3Mt/yr white cement grinding plant in Houston, Texas in 2019. It is currently planning to set-up a 0.6Mt/yr grey cement grinding plant, also in Houston, with operation expected to start by the end of 2024. Its Spain-based business received a boost in mid-2021 when it purchased the Buñol white cement plant in Valencia from Cemex. Outside of Türkiye the company also operates a few terminals in Germany and Italy. Of interest to this article it established a subsidiary for sales in the UK in mid-2023.

Mannok was previously known as Quinn Group before it was rebranded in 2020. In addition to cement the company sells a range of construction products including PIR (polyisocyanurate) insulation, aircrete thermal blocks, roof tiles and precast concrete. The company is headquartered at Derrylin in Fermanagh, Northern Ireland in the UK but it operates in both Ireland and the UK. It runs a 1.4Mt/yr integrated plant at Ballyconnell, County Cavan in Ireland, just across the border from Derrylin. With the 17th Global CemFuels Conference scheduled to take place next week in Dublin, it is worth noting that this cement plant had a recent upgrade of interest to the alternative fuels sector. In 2023 the company said that it had installed the world’s first FLSmidth Fuelflex Pyrolyzer at a cement plant following an earlier pilot of the system back in 2018. It is used to replace coal with solid recovered fuels (SRF) in the pre-calcination stage of cement production. Later in 2023 Mannok said that the equipment was reducing its CO₂ emissions by 58,000t/yr.

As reported in the October 2023 issue of Global Cement Magazine, cement from the Ballyconnell plant is sold in both Ireland and the UK. In 2022, 35% of its sales were in Ireland, 30% in Northern Ireland and the remaining 35% in the rest of the UK. The company uses a storage unit at Warrenport in Northern Ireland to despatch cement to a 8400t cement storage and distribution at Rochester in Southern England.

Çimsa said that the acquisition is intended to help it to increase the share of its revenue in foreign currencies to over 70%. It is not a revelation that Çimsa might want to do this given the parlous state of the economy in Türkiye since 2018. Interest rates are high and the Turkish Lira has lost value. Çimsa raised the issues this has caused in its 2023 annual report. These include higher costs for imported goods and services such as energy, equipment and engineering services. In 2023 the company reported that 57% of its sales consisted of foreign currency-based revenue. The same year exports represented just under 40% of the company’s total revenue. Overall, Çimsa’s revenue fell slightly year-on-year in 2023, in part due to the divestment of a cement plant and other assets, but earnings rose significantly.

Buying Mannok gives Çimsa another route into the European Union (EU), via Ireland, and the UK. Crucially, this gives its first integrated grey cement production site outside of Türkiye. Both of these things are especially useful for an export-focused company facing increasing hurdles to sales in the guise of the EU Emissions Trading Scheme. It also helps the business to further hedge against negative currency exchange effects back home in Türkiye. So ‘Sláinte’ to Çimsa and Mannok, and good luck.

The 17th Global CemFuels Conference & Exhibition takes place in Dublin, Ireland on 18 - 19 September 2024

Argentina/Mexico/Spain: Holcim has appointed Pablo Bittar as the Country CEO of Argentina, Christian Dedeu as the Country CEO of Mexico and Ricardo de Pablos as the Country CEO of Spain. Dedeu succeeds Jaime Hill, who has become Region Head North America. Bittar succeeds Dedeu. De Pablos succeeds Carmen Díaz, who has been appointed as the Chief People Officer in Holcim Group.

Dedeu previously worked as the CEO for Holcim Argentina from 2020. Before this he was the Commercial Director for the company in the country. He originally started working for Holcim in Argentina in 2007 before moving to Holcim Costa Rica in 2016 where he eventually became Commercial Director (Central America). Earlier in his career he worked for ExxonMobil in Argentina from the late 1990s. He is a graduate from the University of El Salvador in Buenos Aires and holds a Master in Business Administration from the IAE Business School.

Bittar worked for Holcim Argentina from late 1990s until 2012, eventually becoming a Procurement Officer. He then worked for Holcim in Ecuador and Colombia becoming the Head of Supply Chain Latin America in 2023. Bittar is an qualified accountant from the National University of Córdoba with a master’s degree in business administration from the same institution.

De Pablos joined Holcim in 2005. He became Regional Director Aggregates in Spain in 2009, Director Mediterranean Area in Spain in 2012, Export Director in 2016 and Director of Business Development and Exports in 2022. Prior to working for Holcim he was a Senior Consultant for PriceWaterhouseCoopers. De Pablos holds a degree in industrial engineering from the Universidad Politécnica de Madrid and an executive degree in business administration from the IE Business School.