Powtech Technopharm - Your Destination for Processing Technology - 29 - 25.9.2025 Nuremberg, Germany - Learn More
Powtech Technopharm - Your Destination for Processing Technology - 29 - 25.9.2025 Nuremberg, Germany - Learn More
Global Cement
Online condition monitoring experts for proactive and predictive maintenance - DALOG
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
News
News
Subscribe to this RSS feed
21 July 2021

ACC’s sales and earnings recover in first half of 2021

India: ACC’s net sales rose by 35% year-on-year to US$1.08bn in the first half of 2021 from US$799m in the same period in 2020.Its earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 56% to US$232m from US$149m. Sales volumes of cement and ready-mixed concrete grew by 31% to 14.8Mt and by 32% to 1.41Mm3 respectively.

“I am proud of the way team ACC has recorded very good performance this quarter. With a strong focus on supply chain efficiencies and cost optimisation, the company has emerged stronger and more resilient. Waste heat recovery system projects at various sites are progressing well. The large cement capacity expansion project at Ametha in Madhya Pradesh has commenced,” said ACC’s managing director and chief executive officer, Sridhar Balakrishnan.

The subsidiary of Holcim Group added that it “believed strongly” in the resilience of the Indian economy following the coronavirus crisis. It expects cement demand to grow due to increased government spending on large scale infrastructure projects.

Published in Global Cement News
Tagged under
  • India
  • ACC
  • Results
  • Holcim
  • GCW515
  • coronavirus
21 July 2021

Cementos Pacasmayo rebounds from coronavirus lockdown in mid-2020

Peru: Cementos Pacasmayo’s sales have revived following a coronavirus-related lockdown in the second quarter in 2020. It attributed the rebound to sales of bagged cement to the self-construction sector and public sector reconstruction demand. It also noted that sales revenue and volumes in the second quarter of 2021 were ahead of comparable figures in the same period in 2019 before the pandemic started. Its sales revenue more than doubled to US$229m in the first half of 2021 from US$105m in the same period in 2020. Its consolidated earnings before interest, taxation, depreciation and amortisation (EBITDA) nearly tripled to US$49.4m from US$16.9m. Production volumes at the cement producer’s plants grew to 1.79Mt from 0.79Mt.

Published in Global Cement News
Tagged under
  • Peru
  • Cementos Pacasmayo
  • Results
  • coronavirus
  • GCW515
21 July 2021

Votorantim Cimentos starts new production line at Pecém grinding plant

Brazil: Votorantim Cimentos has started operation of a new production line at its Pecém grinding plant in Ceará. The US$38m upgrade brings the production capacity of the site to 1Mt/yr from 0.2Mt/yr previously. The project was suspended temporarily in 2020 due to the coronavirus pandemic. The producer also operates the integrated 2.2Mt/yr Sobral plant in Ceará and a terminal in Fortaleza. The production sites the company runs in the state are connected by railway and a further line has been extended to connect the terminal.

Published in Global Cement News
Tagged under
  • Brazil
  • Votorantim Cimentos
  • grinding plant
  • Upgrade
  • Ceará
  • railway
  • Plant
  • Terminal
  • GCW515
21 July 2021

SLK Cement to open new terminal at Korkino plant

Russia: SLK Cement is preparing to open a new terminal at its integrated plant in Korkino plant in Chelyabinsk Oblast. The unit will have a cement capacity of 250t/hr for despatch by railway and road. The subsidiary of Italy-based Buzzi Unicem has invested around US$3.4m in the project.

Published in Global Cement News
Tagged under
  • Russia
  • SLK Cement
  • Terminal
  • Buzzi
  • GCW515
21 July 2021

Matsiloje Portland Cement hoping to restart production later in 2021

Botswana: Rachit Josh, the managing director of Matsiloje Portland Cement, says that the company hopes to restart production by the end of 2021. The cement producer is currently in talks with an investor to support the move by establishing a partnership, according to the Mmegi newspaper. Joshconfirmed that the company’s integrated cement plant is currently closed. The plant, which is owned by Nortex Textiles, closed in January 2018 due to competition from South African imports. When operational it produced around 30,000t/yr of cement.

Published in Global Cement News
Tagged under
  • Botswana
  • Matsiloje Portland Cement
  • Plant
  • Investment
  • GCW515
  • Nortex Textiles
21 July 2021

PPC recovers US$11.2m legacy debt payment from Reserve Bank of Zimbabwe

Zimbabwe: PPC Zimbabwe has received US$11.2m from the Reserve Bank of Zimbabwe as part of a legacy debts repayment scheme. The debt accrued due toregulations blocking the repatriation of revenue outside the country due to foreign exchange shortages, according to the New Zimbabwe newspaper. The debts were assumed by the central bank between 2016 and early 2019. At the time PPC Zimbabwe was left with a legacy debt of US$21m to its parent company PPC in South Africa. PPC expects the remainder of the debt to be repaid by the end of 2022.

Published in Global Cement News
Tagged under
  • Zimbabwe
  • PPC Zimbabwe
  • PPC
  • Debts
  • Government
  • Reserve Bank of Zimbabwe
  • GCW515
21 July 2021

Court orders security firm to pay Dangote Industries Tanzania US$0.33m in damages

Tanzania: The High Court of Tanzania has ordered G4S Secure Solution to pay Dangote Industries Tanzania US$0.33m for theft and loss of property. In 2018 the security company attempted to sue the subsidiary of Nigeria-based Dangote Cement was for failing to pay for its services, according to the East African newspaper. However, Dangote Cement raised a counterclaim in response due to multiple thefts that it blamed on poor security services.

Published in Global Cement News
Tagged under
  • Tanzania
  • Legal
  • Dangote Industries Tanzania
  • Dangote Cement
  • GCW515
21 July 2021

Result in Lafarge Cement Syria case delayed to September 2021

France/Syria: The Court of Cassation, a court of last resort, has delayed its ruling on the conduct of Lafarge in Syria between 2011 and 2014 until September 2021. It was due to make a decision on a number of appeals related to the case including whether charges of charge of crimes against humanity should be upheld, according to the Agence France Presse. Other indictments include those of financing terrorism, endangering life and violating an embargo. Lafarge has been accused of financing terrorism through indirect payments to extremist groups to keep its Jalabiya cement plant operational after the outbreak of war in Syria.

Lafarge Cement Syria was a subsidiary of Lafarge in the early 2010s. Lafarge and Holcim merged in 2015 becoming LafargeHolcim. LafargeHolcim’s shareholders later voted to change the company’s name to Holcim in May 2021.

Published in Global Cement News
Tagged under
  • France
  • Syria
  • Lafarge Syria
  • Lafarge
  • Legal
  • terrorism
  • Holcim
  • LafargeHolcim
  • GCW515
21 July 2021

Vietnamese government proposes increasing export tax on clinker

Vietnam: The Ministry of Finance has proposed increasing the export tariff for clinker to 10% from 5%. The ministry said that exports of cement and clinker were not sustainable as they use non-renewable resources, according to the Viet Nam News newspaper. It added that cement producers also benefit from low electricity prices. Customs data shows that the country exported nearly 33Mt of cement and clinker in 2020. 22Mt or 73% of this total consisted of clinker.

Published in Global Cement News
Tagged under
  • Vietnam
  • Government
  • Export
  • Tax
  • Clinker
  • GCW515
20 July 2021

Hanil Hyundai Cement orders waste heat recovery power unit for Yeongwol cement plant from Kawasaki Heavy Industries

South Korea: Hanil Hyundai Cement has placed an order with Japan-based Kawasaki Heavy Industries for the design and installation of a 22.6MW waste heat recovery (WHR) unit at its Yeongwol cement plant in Gangwon. The WHR plant will generate power from heat from two of the plant’s production lines when commissioned in December 2022. The supplier says that it will serve 30% of the plant’s energy needs. Kawasaki Heavy Industries says it has previously supplied WHR units to Japan, Germany, South Korea, Turkey, China, Vietnam, India, Pakistan and elsewhere.

Published in Global Cement News
Tagged under
  • South Korea
  • Hanil Cement
  • Plant
  • Upgrade
  • Waste Heat Recovery
  • Japan
  • Kawasaki Heavy Industries
  • GCW515
  • Start
  • Prev
  • 629
  • 630
  • 631
  • 632
  • 633
  • 634
  • 635
  • 636
  • 637
  • 638
  • Next
  • End
Page 634 of 1291
Loesche - Innovative Engineering
PrimeTracker - The first conveyor belt tracking assistant with 360° rotation - ScrapeTec
UNITECR Cancun 2025 - JW Marriott Cancun - October 27 - 30, 2025, Cancun Mexico - Register Now
Acquisition carbon capture Cemex China CO2 concrete coronavirus data decarbonisation Export Germany Government grinding plant HeidelbergCement Holcim Import India Investment LafargeHolcim market Pakistan Plant Product Production Results Sales Sustainability UK Upgrade US
« August 2025 »
Mon Tue Wed Thu Fri Sat Sun
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31



Sign up for FREE to Global Cement Weekly
Global Cement LinkedIn
Global Cement Facebook
Global Cement X
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
  • CemFuels Asia
  • Global CemBoards
  • Global CemCCUS
  • Global CementAI
  • Global CemFuels
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Back issues
  • Subscribe
  • Photography
  • Register for free copies
  • The Last Word
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online
  • LinkedIn
  • Facebook
  • X

© 2025 Pro Global Media Ltd. All rights reserved.