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15 December 2021

Vietnam’s full-year cement and clinker exports forecast to reach 44.5Mt in 2021

Vietnam: Vietcombank Securities Company (VCBS) has forecast a 16% year-on-year rise in Vietnam’s cement and clinker exports to 44.5Mt from 38.4Mt. 22.3Mt (50%) of the 2021 exports will be to China. Viet Nam News has reported that VCBS forecast a drop in Vietnam’s cement and clinker exports to China in 2022 due to a Chinese property market slowdown. From 2023, the Vietnam government plans to raise its clinker export tariff to 10% from 5%.

Published in Global Cement News
Tagged under
  • Vietnam
  • China
  • Export
  • Export
  • Forecast
  • Duty
  • Clinker
  • homebuilding
  • Government
  • GCW536
15 December 2021

SCG International India and Bigbloc Construction launch joint venture

India: SCG International India has announced the launch of a joint venture with autoclaved aerated concrete block producer Bigbloc Construction. The joint venture will produce and sell lightweight concrete panels. It expects to commission a new 2.6Mm3/yr concrete panel plant in Gujarat in 2022. Bigbloc Construction holds the majority 52% stake in the venture.

Published in Global Cement News
Tagged under
  • SCG International Corporation
  • SCG International India
  • BigBloc Construction
  • Joint Venture
  • Autoclaved aerated concrete panel
  • concrete block
  • concrete plant
  • GCW536
  • India
15 December 2021

Court prevents power supplier from disconnecting Anjani Portland Cement

India: A Telangana court has blocked Southern Power Distribution Company of Telangana from disconnecting the power supply to some of Anjani Portland Cement’s cement operations in the state. The power supply is seeking to take the measure among other ‘coercive steps’ in an on-going dispute with the producer. Reuters News has reported that Southern Power Distribution Company of Telangana has issued a demand letter for alleged breach of obligations by Anjani Portland Cement.

Published in Global Cement News
Tagged under
  • India
  • Court
  • Southern Power Distribution Company of Telangana
  • Anjani Portland Cement
  • Contract
  • Dispute
  • GCW536
15 December 2021

Siam Cement Group to spend US$2bn on CO2 reduction by 2030

Thailand: Siam Cement Group (SCG) plans to spend US$2bn towards meeting its CO2 reduction target by 2030. The industrial group and cement producer intends to reduce its emissions by 20% by the end of the decade, according to the Bangkok Post newspaper. Chief executive officer Roongrote Rangsiyopash, said that the investment will be made from 2022 to 2030 and that it follows the United Nation’s Sustainable Development Goals (SDG), the Thai government's bio, circular and green (BCG) economic model and environmental, social and governance standards (ESG). After 2030 the group has a net zero goal for 2050.

In cement production the SCG wants to increase its rate of alternative fuels such as biomass and refuse-derived fuel. It also wants to invest in carbon capture utilisation and storage, use electric vehicles and use artificial intelligence systems in energy management. The group plans to reduce coal usage at its cement plants in Thailand, Vietnam, Laos, Cambodia and Indonesia by 50% in 2022. It also plans to use more electricity generated by renewable energy for its factories.

Published in Global Cement News
Tagged under
  • Thailand
  • Siam Cement
  • Sustainability
  • CO2
  • GCW536
  • United Nations
  • Government
  • target
  • Alternative Fuels
  • Vietnam
  • Laos
  • Cambodia
  • Indonesia
  • Coal
  • carbon capture
  • decarbonisation
15 December 2021

Yanbu Cement completes production line upgrade

Saudi Arabia: Yanbu Cement has completed an upgrade project to Line 4 at its integrated plant. It previously, in April 2021, reported delays to the work due to difficulty obtaining spare parts. The cement producer says that the cost of the project remains unchanged.

Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Yanbu Cement
  • Plant
  • Upgrade
  • GCW536
15 December 2021

Opterra signs renewable power deal with Statkraft

Germany: Opterra has signed a power purchase agreement (PPA) with Statkraft for the supply of electricity from onshore wind farms. The renewable energy producer will supply around 30GWh to the subsidiary of CRH’s integrated cement plants at Karsdorf in Saxony-Anhalt, Wössingen in Baden-Württemberg and a grinding plant at Sötenich in North Rhine-Westphalia between 2022 and 2025. The wind power will be generated at four wind farms.

Published in Global Cement News
Tagged under
  • Germany
  • Opterra
  • CRH
  • Statkraft
  • renewable energy
  • wind farm
  • Wind
  • GCW536
  • Plant
  • grinding plant
15 December 2021

Government reacts to cement price hike in Trinidad & Tobago

Trinidad & Tobago: The government has reacted to a 15% rise in the price of cement by increasing imports and delaying an increase in taxes on the commodity. The country’s sole producer, Trinidad Cement (TCL), says that its price rise is set to start on 20 December 2021, according to the Trinidad Express newspaper. It has blamed this on mounting input costs such as gas, spare parts and other materials.

However, the Ministry of Trade and Industry (MTI) told the cement producer that it viewed any price rise as ‘unacceptable’ given that 90% of inputs to production were local. In response the government has doubled the quota for cement imports to 150,000t in 2022 with each individual importer receiving a 50% boost to their own quotas. It has also agreed with the Council for Trade and Economic Development (COTED) of the Caribbean Community (CARICOM) to suspend the Common External Tariff (CET) on hydraulic cement and a planned rise in the duty to 20% for one year to the end of 2022.

TCL’s competitor Rock Hard Cement, a cement importer, ended local operations in August 2021 after losing a court case against the country’s Ministry of Trade and Industry in July 2021.

Published in Global Cement News
Tagged under
  • Trinidad & Tobago
  • Government
  • Price
  • Import
  • Tax
  • Trinidad Cement
  • Rock Hard Cement
  • GCW536
15 December 2021

US Office of Foreign Assets Control settles over Iranian clinker deal

Iran/US: The Office of Foreign Assets Control (OFAC) says it has reached a settlement of around US$133,000 with an unnamed US citizen for violating Iranian Transactions and Sanctions Regulations by accepting payment in connection with a clinker deal. OFAC says the individual received payment in the US of around US$133,00 on behalf of an Iran-based company selling Iranian-origin clinker to another company for a project in a third country. Whilst OFAC considered that the individual knew they were flouting the US-based regulations it did view the individual’s apparent minimal benefit from the activity as a mitigating factor. The individual had previously submitted a licence request to OFAC in connection to other transactions but this was denied.

Published in Global Cement News
Tagged under
  • Iran
  • US
  • Government
  • Sanctions
  • Fine
  • Office of Foreign Assets Control
  • Clinker
  • GCW536
14 December 2021

Taiheiyo Cement to participate in CCUS study

Japan: Taiheiyo Cement is among 13 participant companies whose proposed carbon capture, utilisation and storage (CCUS) demonstration hub has received approval to proceed with funding from the Japan Ministry of the Environment. Nikkei Business Trends News has reported that Toshiba Energy Systems and Solutions, Uyeno Transtech, JGC, Chiyoda, Taisei Corporation, the University of Tokyo, Kyushu University, Japan NUS, the National Institute of Advanced Industrial Science and Technology and QJ Science also collaborated in the development of the CCUS system. The trial will begin in early 2022 and conclude in the 2025 financial year.

Published in Global Cement News
Tagged under
  • Japan
  • Taiheiyo Cement
  • carbon capture
  • CCUS
  • CCS
  • Government
  • Grant
  • funding
  • pilot
  • Trial
  • Study
  • Toshiba Energy Systems and Solutions
  • Uyeno Transtech
  • JCG
  • Chiyoda
  • Taisei Corporation
  • University of Tokyo
  • Kyushu University
  • Japan NUS
  • National Institute of Advanced Industrial Science and Technology
  • QJ Science
  • Sustainability
  • CO2
  • GCW536
  • decarbonisation
14 December 2021

Lafarge Jordan enters talks with government over workers’ rights

Jordan: Lafarge Jordan is negotiating with the Jordan government to find a solution to end protests by its employees. The Jordan Times newspaper has reported that the workers went to Parliament to protest their rights, which they claim have been impinged on by the company. Labour Minister Nayef Steitieh urged the parties to establish a compromise in order to resolve the protesters’ demands.

Published in Global Cement News
Tagged under
  • Lafarge Jordan
  • Government
  • Workers
  • Strike
  • Protest
  • GCW536
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