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12 September 2023

Sunbird Quarry Moroto and West International Holding Cement break ground on US$1.2bn Moroto cement plant

Uganda: A joint venture of Sunbird Quarry Moroto and China-based West International Holding Cement has begun building its upcoming Moroto cement plant. New Vision News has reported that the plant will cost US$1.2bn and produce cement from locally sourced limestone. The Uganda government said that the plant will generate jobs and help to lower the local price of cement.

Published in Global Cement News
Tagged under
  • Uganda
  • Sunbird Quarry Moroto
  • China
  • West International Holding
  • Plant
  • Limestone
  • Mining
  • Investment
  • Price
  • GCW625
12 September 2023

Norwegian government confirms funding for Heidelberg Materials Sement Norge’s Brevik carbon capture project

Norway: The Ministry of Petroleum and Energy has signed a new agreement with Heidelberg Materials Sement Norge, confirming funding of up to US$14.1m for the producer’s construction of a full-scale carbon capture system at its Brevik cement plant. Under the agreement, Heidelberg Materials Sement Norge will absorb extra costs that have arisen, and retain a larger share of any return on the project. Costs rose due to the Covid-19 pandemic, the Russian invasion of Ukraine and international supply chain pressures.

Nordic Daily News has reported that Heidelberg Materials Northern Europe director Giv Brantenberg said "We are in the process of completing the world's first full-scale plant for carbon capture in the cement industry, and have had great support from the Norwegian authorities throughout the project's many phases. Today's agreement reflects the good cooperation with the Norwegian government, and we look forward to completing this unique facility.”

Published in Global Cement News
Tagged under
  • Norway
  • Heidelberg Materials
  • Heidelberg Materials Sement Norge
  • supply chain
  • costs
  • Profit
  • carbon capture
  • CCS
  • Northern Lights
  • coronavirus
  • War
  • Government
  • Finance
  • funding
  • Grant
  • Sustainability
  • CO2
  • GCW625
  • CCUS
  • decarbonisation
12 September 2023

Holcim seeks to acquire outstanding Holcim Philippines shares

Philippines: Holcim plans for its subsidiary Holderfin to make a tender offer for all remaining shares in Holcim Philippines by 28 September 2023. Altogether, minority shareholders control a 5.1% stake in the producer. The Manila Bulletin newspaper has reported that Holderfin ended its previous tranche of tenders for Holcim Philippines shares on 30 August 2023.

Published in Global Cement News
Tagged under
  • Holcim
  • Philippines
  • Holcim Philippines
  • Holderfin
  • Acquisition
  • offer
  • Stake
  • GCW625
12 September 2023

Suez Cement becomes Heidelberg Materials

Egypt: Suez Cement says that it has ‘merged its legacy’ with that of parent company Heidelberg Materials by adopting the latter’s name. Specifically, the replacement of ‘cement’ with ‘materials’ is intended to underline its pioneering role in the path to carbon neutrality and digitalisation, according to the company.

Chief executive officer Mohamed Hegazy said “We have always been and will continue to be a company that is much more than cement. We are progressive minds with the ambition to drive transformation. We push the boundaries to strengthen innovation and deepen partnerships with our customers and other stakeholders.”

Published in Global Cement News
Tagged under
  • Heidelberg Materials
  • Egypt
  • Suez Cement
  • Brand
  • rebrand
  • GCW625
12 September 2023

Meyar Company acquires Malham cement products plant

Saudi Arabia: Meyar Company has bought the Malham cement products plant in Riyadh for US$880,000. Local press has reported that the company will use the facility to target the cement products market in the city of Riyadh. A ready-mix concrete batching plant is also located at the site.

Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Meyar Company
  • concrete
  • Acquisition
  • Deal
  • GCW625
  • readymixed concrete
12 September 2023

Atlante secures Euro49.9m grant for European vehicle charging network

Europe: The EU has awarded a Euro49.9m grant under its Alternative Fuel Infrastructure Facility (AFIF) to Taiwan Cement subsidiary Atlante. The cement group said that Atlante will use the funds to building a fast and ultra-fast electric vehicle charging network in Europe.

Published in Global Cement News
Tagged under
  • European Union
  • Government
  • funding
  • Finance
  • electric vehicles
  • charging stations
  • network
  • CO2
  • Sustainability
  • Taiwan Cement Corporation
  • Atlante
  • GCW625
11 September 2023

Çimsa Americas to establish 600,000t/yr grinding plant in the US

US: Çimsa and Sabancı Holding subsidiary Çimsa Americas plans to invest US$82m in the construction of a new 600,000t/yr grey cement grinding plant in the US. Daily Sabah News has reported that the company expects to complete the plant’s construction by the end of 2025.

Çimsa Americas already operates a 300,000t/yr white cement grinding plant in the US.

Published in Global Cement News
Tagged under
  • US
  • Çimsa
  • Cimsa Sabanci Cement
  • Sabancı Holding
  • Cimsa Americas Cement
  • grinding plant
  • Investment
  • GCW625
11 September 2023

Chaudhary Group signs strategic partnership deal with Adani Group

Nepal/India: Chaudhary Group has signed a memorandum of understanding (MoU) for a strategic partnership with India-based conglomerate Adani Group. According to the MoU, Adani Group will support the Nepal-based cement producer in its distribution of cement into neighbouring states of India.

The Kathmandu Post newspaper has reported that Chaudhary Group’s managing director Varun Chaudhary said "This collaborative effort stands as a pivotal milestone, underlining our commitment to augmenting economic cooperation and trade relations between the two nations.” He added “Through this strategic collaboration, we aspire to fortify the harmonious rapport that characterises the Nepal-India relationship, while actively contributing to the growth and development of the adjoining states."

Published in Global Cement News
Tagged under
  • Nepal
  • Chaudhary Group
  • India
  • Adani Group
  • Adani Cement
  • Distribution
  • Shipping
  • Export
  • Import
  • trade
  • Strategy
  • Partnership
  • GCW625
11 September 2023

Adbri secures bauxite supply from ABx Group

Australia: Adbri has awarded ABx Group a contract to supply 90,000 – 120,000t of bauxite to its Birkenhead, South Australia, cement plant over a five-year period from early 2024. Business News has reported a ‘conservative’ estimated value for the contract of US$5.4m. ABx Group will supply bauxite from its DL130 mining project. The project commands 13.7Mt-worth of bauxite reserves across three deposits. Mining is due to begin in October 2023. The parties have agreed an undisclosed price for the first shipment of bauxite under the contract.

ABx Group managing director and CEO Mark Cooksey said "This represents a significant milestone for ABx and endorses the suitability of our bauxite for the broader cement industry. It enables both parties to plan for ongoing supply with confidence. Importantly, regular mining operations to supply Adbri will increase ABx's ability to secure additional customers, for which there are active discussions."

Published in Global Cement News
Tagged under
  • Australia
  • New South Wales
  • Adbri
  • Tasmania
  • ABx
  • bauxite
  • Mining
  • Supply
  • Contract
  • Alternative raw materials
  • GCW625
11 September 2023

Flender opens new Sydney production and service centre

Australia: Germany-based Flender has opened a new production and services centre in Sydney, New South Wales. Its product offering will include Flender’s gearboxes and couplings range for industrial applications, including cement plants.

CEO Andreas Evertz said “For both our wind [turbine drives] and industrial business we see enormous growth potential on the continent. To reach the goals of the Paris climate agreement we must not only ramp up renewable energy capacities, but also transform our industries towards sustainability. This includes recycling and establishing a circular economy. Our workshops are perfectly equipped for servicing and refurbishing the existing installed base, not only for our own fleet but all gearbox types in the market.”

Published in Global Cement News
Tagged under
  • Australia
  • Flender
  • New South Wales
  • Service
  • Supplier
  • GCW625
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