Iran: Hossein Modares Khyabani, the former head of the Ministry of Industry, Mine and Trade, has called for cement to be traded on the Mercantile Exchange, a commodities exchange based in Tehran. He hoped that the move would enable cement producers to upgrade plants and increase exports, according to the Islamic Republic News Agency. The aim is to have producers generate mhigher profits and build infrastructure development.
Local cement production grew by 13% year-on-year to 68Mt in the Iranian calendar year to March 2021. However, gas, electricity and transportation costs all grew significantly during the period.
Taiwan: Asia Cement Corporation has completed its US$1.3m full shore power project for its cement vessels. Following the upgrade its cement carriers use the ‘Taipower’ power supply when berthed at port instead of using on-board generators. The project has been implemented at the ports of Kaohsiung, Taichung, Keelung and Hualien. The cement producer currently operates four cement carriers.
The shipping upgrade is expected to save over 1474t/yr of fuel oil and effectively reduce 5329t/yr of CO2 emissions. The cement producer added that it would improve the unloading efficiency of cement carriers, decreasing the unloading time by 50%, and reduce wear on the ship generators.
Saint-Gobain to buy Chryso
France: Saint-Gobain has agreed to buy Chryso for an undisclosed sum. It said that the construction chemicals producer had an enterprise value of Euro1.02bn, based on its recent earnings and anticipated synergies. Saint-Gobain intends to finance the acquisition from the proceeds of other divestments made by the group. Key benefits it expects from the purchase include a strengthened position in the construction chemicals market, market growth in the sector, further strategic movements towards sustainability goals through the use of additives, anticipated ease of integration and value for shareholders.
“The acquisition of Chryso is a unique growth platform opportunity for Saint-Gobain to further develop our already strong presence in the growing construction chemicals market. It is fully in line with our environment, social and governance strategy of providing a sustainable and performance driven value proposition to our customers,” commented Pierre-André de Chalendar, chairman and chief executive officer of Saint-Gobain, and Benoit Bazin, chief operating officer.
Subject to consultation and approval with employee representative bodies and competition authorities the acquisition is expected to be finalised in the second half of 2021.
HeidelbergCement’s Lengfurt cement plant receives Platinum Concrete Sustainability Council certification
Germany: HeidelbergCement has completed a comprehensive Concrete Sustainability Council (CSC) certification campaign at its 10 cement plants, 12 concrete plants and five aggregates sites underwent the certification process. One cement plant– the Lengfurt, Bavaria, plant - and two concrete plants achieved Platinum certification. The Lengfurt cement plant is the first German cement plant to do so.
Senior manager sustainable construction and public affairs Christian Artelt said “CSC certification allows production sites to gain a holistic understanding of their sustainability performance.” He added “Our successful engagement in CSC certification highlights our commitment to sustainability.”
Mexico: Cemex says that it has supplied its low-CO2 Vertua concrete to 786 construction works in Mexico. The El Sol de San Luis newspaper has reported that the volume so far delivered totals 33,000m3. In late May 2021, 398 further projects have placed orders for future deliveries.
Italy: Switzerland-based LafargeHolcim has announced its participation in a partnership to build the world’s first 3D-printed concrete bridge in Venice, Venice province. The company will supply cement for the project. The bridge will feature in the European Cultural Centre (ECC)’s Time Space Existence exhibition at the Venice Architecture Biennale 2021 from May 2021 to November 2021. Other partners for the project are ETH Zürich’s Block Research Group (BRG) and UK-based Zaha Hadid Architects’ Computation and Design Group.
Holcim Argentina inaugurates new clinker line and grinding plant at Malagueño cement plant
Argentina: Holcim Argentina, part of Switzerland-based LafargeHolcim, has inaugurated a new 0.5Mt/yr clinker production line at its Malagueño cement plant in Cordoba. The new line increases the plant’s clinker production capacity by 45%. Additionally, a new 630,000t/yr grinding plant will increase the plant’s cement capacity to 4.7Mt/yr.
Chief executive officer Christian Dedeu said, "With this expansion of our capacity, more than 450km of road and more than 7.2Mm2 of housing can be built - equivalent to more than 72,000 houses." He added, "The new line is a big bet on the domestic market and responds to the growing national demand for materials for residential construction, private investment and infrastructure works."
US: Eagle Materials recorded consolidated net sales of US$1.62bn in its 2021 financial year, up by 16% year-on-year from US$1.40bn. Its net earnings quadrupled to US$339m from US$70.9m. Cement sales volumes increased by 26% to 7.47Mt from 5.93Mt and cement sales increased by 27% to US$924m from US$730m.
President and chief executive officer Michael Haack said, “Across all measures, fiscal 2021 was extraordinary for Eagle as we met and overcame challenges that were inconceivable just a year earlier. The resilience of our business model, our financial discipline and our team’s operational and strategic execution allowed us to deliver record financial results, integrate the largest acquisition in the company’s history and further streamline our business portfolio by divesting several non-core businesses, all while achieving industry leading safety performance. Our strong operating cash flow enabled us to reduce leverage to under 1.5 times net debt-to-earnings before interest taxation depreciation and amortisation (EBITDA), providing us with significant liquidity and increased financial flexibility.” He continued “As we begin our new fiscal year, Eagle is well-positioned, both geographically and financially, with ample raw material reserves to capitalise on the underlying demand fundamentals that are expected to support steady and sustainable construction activity growth over the near and long-term. We remain confident in Eagle’s prospects for continued growth and sustainable value creation for all shareholders.”
India: Prism Johnson’s full-year consolidated net sales fell by 7% year-on-year to US$752m in the 2021 financial year from US$806m in the 2020 financial year. The group’s profit before tax increased more than doubled to US$21.4m from US$8.5m. Cement sales revenue grew slightly to US$354m.
Portugal: Denmark-based FLSmidth has won a contract to supply a chlorine bypass system to Cimpor’s Souselas cement plant. The aim is to eliminate chlorine build-up in the plant’s flue gas after the company increases its refuse-derived fuel (RDF) usage rate to 60%. Work is scheduled to begin in mid-2021, and production will stop until its completion and the commissioning of the installation in early 2022. No value for the order has been disclosed.
Cimpor Cement project manager Paulo Evangelista said, “Investing in the chlorine bypass is a key step on our journey towards reducing our environmental footprint. On top of the obvious incentives to increase our fuel substitution, like lower CO2 emissions and financial savings, we are experiencing better waste handling infrastructure in the local area. All this has made it an easy choice to make. FLSmidth knows our Souselas site and has been key in delivering a solution that will enable this next phase on our sustainability journey.”