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13 August 2021

FLSmidth to supply new grinding mill to Sebryakovcement

Russia: Denmark-based FLSmidth has won a contract with Sebryakovcement for the supply of a grinding mill for its Sebrakovsky cement plant in Volgograd Oblast. The mill will have a capacity of 175t/hr. The supplier plans to commission the mill in 2023.

Published in Global Cement News
Tagged under
  • Denmark
  • Russia
  • FLSmidth
  • Sebrakovsky Cement
  • GCW519
13 August 2021

Kaluga Cement Plant to auction site

Russia: Kaluga Cement Plant has put its unfinished cement plant in Kaluga Oblast up for auction. AK & M News has reported that the auctioneer has valued the site at US$374,000, with a reserve of just US$243,000. The reason for the sale is the bankruptcy of Kaluga Cement Plant.

Published in Global Cement News
Tagged under
  • Russia
  • Kaluga
  • Project
  • auction
  • GCW519
13 August 2021

Power to Green Hydrogen Mallorca begins construction of solar power plant at Cemex España’s Lloseta cement plant

Spain: Acciona and Enagás-led consortium Power to Green Hydrogen Mallorca has begun the construction of one of two planned solar power plants at Cemex España’s Lloseta plant in Majorca. The first, 13,500MWh/yr, plant will consist of 16,600 solar panels. A second, 10,800MWh/yr plant consisting of 12,700 panels will subsequently bring the total power capacity to 24,300MWh/yr. This is enough to produce 300t/yr of green hydrogen for the Lloseta cement plant’s operations.

The project to develop a ‘renewable hydrogen ecosystem’ in Majorca currently has Euro10.0m-worth of funding. The consortium has agreed with local to sheep farmers to allow the latter to use the solar power plant sites for grazing after construction is finished.

Published in Global Cement News
Tagged under
  • Spain
  • hydrogen
  • Solar power
  • Cemex España
  • GCW519
  • Power to Green Hydrogen Mallorca
13 August 2021

Prism Johnson to raise US$12.8m through non-convertible debentures

India: The board of directors of Prism Johnson has approved plans for the company to raise funds through unsecured non-convertible debentures. The total value raised will be US$12.8m. The producer will issue the debentures on a private basis.

Published in Global Cement News
Tagged under
  • Prism Johnson
  • India
  • funding
  • GCW519
13 August 2021

CalPortland joins Wildlife Habitat Council

North America: US-based CalPortland has become a corporate member of the Wildlife Habitat Council. The council manages habitats to support sustainable ecosystems and the communities surrounding them. The Japan-based Taiheiyo Cement subsidiary says that the move formalises its commitment to integrating biodiversity and conservation action into its sustainability efforts.

President and chief executive officer Allen Hamblen said "Our membership with the Wildlife Habitat Council provides a unique opportunity to take corporate sustainability goals and objectives and translate them into tangible, on-the-ground actions which ensure a sustainable environment for the next generation."

Published in Global Cement News
Tagged under
  • US
  • CalPortland
  • Wildlife Habitat Council
  • GCW519
13 August 2021

Disaster at Saurashtra Cement’s Porbandar cement plant kills three construction workers

India: Three construction workers have died after scaffolding collapsed inside the chimney of Saurashtra Cement’s Porbandar cement plant in Gujarat. India Today Online News has reported that a team of ten builders was performing repair work before the accident occurred. Four of the seven survivors remain trapped. District officials have established contact with them via a drone.

Published in Global Cement News
Tagged under
  • India
  • Saurashtra Cement
  • Death
  • Accident
  • GCW519
12 August 2021

Loma Negra increases sales, earnings and profit in first half of 2021

Argentina: Loma Negra recorded first-half 2021 consolidated sales of US$290m, up by 44% year-on-year from US$201m. It increased its earnings before interest, taxation, depreciation and amortisation (EBITDA) by 64% to US$100m from US$61.0m. Its net profit was US$86.0m, compared to US$12m in the first half of 2020. The company sold 2.79Mt of cement in the period, up by 39% from 2.01Mt.

Chief executive officer Sergio Faifman said “We are pleased to announce another quarter with an excellent performance. Demand continues with a strong momentum, and after several quarters of recovery is now exceeding pre-pandemic levels.” He continued “For the second half, we expect strong recovery to continue and an expansion vis-à-vis pre-pandemic levels, as seasonality and public works should begin to contribute positively. Nonetheless, we remain cautious, as the macroeconomic context may affect the recovery and some degree of uncertainty remains in relation to the pandemic.”

Published in Global Cement News
Tagged under
  • Argentina
  • Loma Negra
  • Results
  • Profit
  • Sales
  • GCW519
12 August 2021

FLSmidth’s sales decline as earnings rise in first half of 2021

Denmark: FLSmidth recorded consolidated sales of Euro1.05bn in the first half of 2021, down by 7.0% year-on-year from Euro1.13bn. Its cement business’ sales fell by 17% to Euro346m from Euro419m. The supplier recorded earnings before interest, taxation, depreciation and amortisation (EBITDA) of Euro76.9m, up by 6.0% from Euro72.9m. Its total order backlog grew by 10% to US$2.24bn from US$2.05bn. It expects the majority of this to be converted into revenue in 2021. During the second quarter of the year, the company took in an order for Europe’s first full-scale clay calcination installation.

Chief executive officer Thomas Schulz said “Our second quarter showed positive progress across the board: A strong order intake, higher revenue from both service and capital businesses, 50% higher earnings before interest, taxation and amortisation (EBITA), further reduction in net working capital and a strong free cash flow.”

Published in Global Cement News
Tagged under
  • Denmark
  • FLSmidth
  • Results
  • Sales
  • Profit
  • GCW519
12 August 2021

Giatec receives funding for cement-reducing testing software

Canada: Giatec has launched Roxi, an AI testing programme designed to reduce cement use in ready-mix concrete production. The programme combines with Giatec’s proprietary sensing technology. The supplier has received funding from Sustainable Development Technology Canada (SDTC) for Roxi’s development and industrial roll-out.

CEO Pouria Ghods said “Based on two case studies, we estimate that up to 20% reduction in cement usage can be achieved using our technology. With this funding, Giatec will provide a solution that will bring not only economic, but also environmental benefits, by reducing CO2 emissions, air pollution, and water use in the construction industry.”

Published in Global Cement News
Tagged under
  • Giatec
  • Canada
  • Roxi
  • Sustainable Development Technology Canada
  • GCW519
12 August 2021

HeidelbergCement India agrees solar deal with Lalganj Power

India: Germany-based HeidelbergCement subsidiary HeidelbergCement India has secured 22GWh-worth of power from Lalganj Power. The energy company will source the electricity from its solar power plants. The deal is expected to reduce the company’s CO2 emissions by 0.4Mt over the life of the contract.

Published in Global Cement News
Tagged under
  • India
  • HeidelbergCement India
  • Solar power
  • Lalganj Power
  • GCW519
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