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12 July 2021

Cemex completes sale of Buñol cement plant to Çimsa Çimento

Mexico: Cemex has closed the sale of its white cement business outside of Mexico and the US for US$155m to Turkey-based Çimsa Çimento. The assets sold include the company’s Buñol white cement plant in Valencia, Spain. The group said that the proceeds from the sale would be used to fund its bolt-on investment growth strategy in its core businesses and geographies, and contribute to debt reduction.

Published in Global Cement News
Tagged under
  • Mexico
  • Cemex
  • Divestments
  • White cement
  • Plant
  • Spain
  • Çimsa
  • Çimsa Çimento
  • Türkiye
  • GCW514
12 July 2021

Vietnamese cement exports rise in first half of 2021

Vietnam: The Vietnam National Cement Association (VNCA) has reported a 27% year-on-year rise in cement and clinker exports to 21.0Mt in the first half of 2021. The Viet Nam News newspaper has reported that the value of cement exports rose by 32% to US$812m. The growth was attributed to China’s environmental policies and the promotion of clinker imports.

Published in Global Cement News
Tagged under
  • Vietnam
  • Export
  • Vietnam Cement Association
  • China
  • GCW514
12 July 2021

BUA Cement increases its prices

Nigeria: BUA Cement has increased the ex-factory price of its cement by 7%. It previously claimed that it did not intend to increase its prices, according to the Sun newspaper. In statements issued between April and June 2021 it said, “the company had no plans to increase prices of its cement now or in the near future.”

In April 2021 Dangote Cement was forced to publicly defend the price of its cement due to allegations that its prices were allegedly lower in Ghana or Zambia. Around the same time the Senate of Nigeria called for the federal government to introduce policies, such as tax breaks, to encourage local investments in cement production and to reduce prices.

At its annual general meeting in July 2021, BUA Cement issued dividends worth US$170m to its shareholders. The company reported sales of US$509m in 2020, a rise of 20% year-on-year. However, its costs increased by 22% to US$277m at the same time.

Published in Global Cement News
Tagged under
  • Nigeria
  • BUA Cement
  • Price
  • GCW514
12 July 2021

Titan Group receives Platinum Zero Waste to Landfill certification for all its Greek cement plants

Greece: Eurocert has awarded Platinum Zero Waste to Landfill certificates to all three of Titan Group’s cement plants in Greece. The producer said that the certification ‘reaffirms the excellent environmental performance’ of its Kamari, Patra and Thessaloniki cement plants. It says that the plants achieved the highest waste management certificate through effective waste prevention and proper management to avoid landfill.

Greece general manager Angelos Kalogerakos said “Titan is clearly committed to contributing substantively, through its operation and products, to the zero-waste goal. The Platinum Zero Waste to Landfill certification endorses and rewards the good practices that we have systematically applied for many years and that we have adopted in order to minimise our footprint and ensure a sustainable future for coming generations. We want to make all of our partners part of this commitment, aiming for a reliable and sustainable supply chain.”

Published in Global Cement News
Tagged under
  • Greece
  • Titan Cement
  • Plant
  • certification
  • Sustainability
  • landfill
  • Eurocert
  • GCW514
12 July 2021

Fortescue Future Industries plans cement production from waste products

Australia: Fortescue Metals Group subsidiary Fortescue Future Industries has announced plans to enter green cement production. The company plans to make use of waste from green iron ore processing and ‘other easily-sourced materials’ in production.

Chief executive officer Elizabeth Gaines said “At Fortescue, we are leading the heavy industry battle against global warming, transitioning from being a major fossil fuel importer to a significant green and renewable energy and product exporter.” The group is targeting net-zero CO2 emissions by 2030.

Published in Global Cement News
Tagged under
  • Australia
  • Fortescue Metals
  • Mining
  • iron ore
  • GCW514
12 July 2021

Siam Cement Group supports new modular intensive care unit

Thailand: Siam Cement Group has furthered its contribution to the struggle against the Covid-19 pandemic with the opening of a modular intensive care unit (ICU) at Ratchapipat Hospital in Bangkok’s Thawi Watthana district, supported by donations from the company. The Nation newspaper has reported that the producer has donated around US$1m to the establishment of four new ICUs for the treatment of Covid-19 patients in partnership with Bangkok Metropolitan Administration. All four units will be in operation by August 2021, according to the partners. Each unit will have the capacity to treat 10 patients.

Published in Global Cement News
Tagged under
  • Thailand
  • Siam Cement
  • coronavirus
  • community
  • Donation
  • hospital
  • GCW514
09 July 2021

China Building Materials Academy partners with International CCS Knowledge Centre for carbon capture storage study

China: China National Building Materials (CNBM) subsidiary China Building Materials Academy (CBMA) has signed a knowledge sharing agreement with the Canada-based International CCS Knowledge Centre to collaborate on carbon capture technology. Their first initiative will pilot a CBMA model and front end engineering design (FEED) to a test platform with a capture capacity of around 155kg CO2/day on an active cement plant kiln. If successful, the study may see CNBM roll out CCS across its entire cement operations.

Published in Global Cement News
Tagged under
  • China
  • CNBM
  • China Building Materials Academy
  • agreement
  • Canada
  • International CCS Knowledge Centre
  • CO2
  • carbon capture
  • Plant
  • pilot
  • GCW514
  • decarbonisation
09 July 2021

Svante to establish new Centre for Excellence for Carbon Capture, Use and Storage in Vancouver

Canada: The government has granted a subsidy worth US$20m to Svante for the establishment of a Centre for Excellence for Carbon Capture, Use and Storage in Vancouver, British Columbia. The centre will consist of a filter production plant, headquarters and testing centre. The company said that it will help in the global deployment carbon capture and storage (CCS) solutions ‘at Gigatons scale.’

“Vancouver is the Silicon-Valley of carbon capture technology development,” said Claude Letourneau, the president and chief executive officer of Savante. “Lowering the capital cost of the capture of the CO2 emitted in industrial production is critical to the world’s net-zero carbon goals.” He added “The carbon pulled from earth as fossil fuel needs to go back into the earth in safe CO2 storage.”

Published in Global Cement News
Tagged under
  • Canada
  • Government
  • Svante
  • subsidy
  • carbon capture
  • British Columbia
  • CO2
  • GCW514
  • decarbonisation
09 July 2021

Philippine Department of Trade and Industry launches new investigation into cement imports

Philippines: The Department of Trade and Industry (DTI) has launched a new investigation into imports of cement, currently subject to safeguarding tariffs of US$0.20/bag. The investigation follows a request by Cemex Philippines, Holcim Philippines and Republic Cement. The Viet Nam News newspaper has reported that the Vietnam National Cement Association has asked the DTI and the Philippine cement industry to consider whether imports from Vietnam did real damage. In 2020, Vietnam’s export cement prices fell by 15% year-on-year. Its excess production of cement was 36Mt during the year, and its clinker prices were 20% below the regional average.

Published in Global Cement News
Tagged under
  • Philippines
  • Department of Trade and Industry
  • Investigation
  • Import
  • Vietnam
  • Vietnam Cement Association
  • Government
  • GCW514
09 July 2021

Brazilian cement sales rise in first half of 2021

Brazil: Cement sales totalled 31.5Mt in the first half of 2021, up by 16% year-on-year. The National Cement Industry Association (SNIC) attributed the growth to home renovations and new construction projects. The association has forecast total sales for 2021 of 64.2Mt, corresponding to an increase of 6% compared to 2020 levels. It expects the same segments to drive growth in 2022, though at a lower rate.

Published in Global Cement News
Tagged under
  • Brazil
  • SNIC
  • data
  • Sales
  • Forecast
  • GCW514
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