Switzerland: LafargeHolcim has launched a Euro850m sustainability-linked bond with a coupon of 0.5% maturing in 2031. It says it is the first bond of its kind in the building materials industry and that it is part of its commitment to reach its 2030 CO₂ reduction target.

“We are proud to be the first in our industry to launch a sustainability-linked bond. The order book of Euro2.6bn demonstrates the confidence of investors in the company’s financial strength, strategy and ability to deliver on its sustainability targets,” said Géraldine Picaud, Chief Financial Officer of LafargeHolcim.

Bond investors will be entitled to a higher coupon should the company not meet its objective, incentivising LafargeHolcim to reach its target of 475kg net CO₂ per tonne of cementitious material by 2030.

India: UltraTech Cement says it has beaten its goal of doubling its energy productivity ahead of its deadline. It joined the EP100 initiative in 2018 and agreed to double its energy productivity from the base year of 2010 with the target year of 2035. It has achieved this by investing in energy efficiency measures such as upgrading clinker coolers, implementing variable frequency drives to manage electricity flow, and introducing new waste heat recovery systems. The company says it is focusing on new technologies, changes in product and energy mix, digitisation and carbon pricing. It foresees the digitisation of its energy performance as a key enabler for identifying the best opportunities to save energy.

"UltraTech firmly believes that companies in the building material sector can come together to step up climate action for meeting the global 1.5-degree ambition. Joining like-minded companies in EP100 gave us an opportunity to accelerate and scale-up levers to double energy productivity and also drive the decarbonisation agenda,” said Kailash Jhanwar, the managing director of UltraTech Cement.

EP100 is a global business initiative consisting of a group of companies committed to improving their energy productivity. EP100 is led by the Climate Group, an international non-profit organisation, in partnership with the Alliance to Save Energy.

Iran: Cement production rose by 14.4% year-on-year to 35.6Mt in the first half of the local calendar year that started in March 2020 from 31.1Mt in the same period in the previous year. The sector exported 5.8Mt of cement with a value of US$128m to 28 countries according to the Mehr News Agency. India, Afghanistan, Russia, Iraq, Qatar, Kenya, Kuwait, Sri Lanka, Pakistan, Armenia, Turkmenistan, Kazakhstan, Azerbaijan, Bangladesh, China and Oman were among the export destinations of cement.

Bolivia/Paraguay: The Bolivian-Paraguayan Binational Chamber of Commerce & Industry is working with Bolivia-based Fábrica Nacional de Cemento (Fancesa) to export cement to Paraguay via the Parana – Paraguay Rivers Inland Waterway. The organisation is also trying to promote exports from the new Empresa Publica Productiva Cementos de Bolivia’s (ECEBOL) integrated cement plant at Caracollo in Oruro, according to the Agencia Boliviana de Información. Local Bolivian cement producers faced production stoppages from March to May 2020 due to coronavirus-related restrictions.

Germany: Dyckerhoff has reopened a railway siding at its integrated Amöneburg cement plant. The additional transport link joins road and water connections at the site. The company said that reusing the railway siding made sense given low water levels in the River Rhine, that made parts of the waterway unnavigable in 2018, as well as adding a sustainable transport route. The railway tracks at the site have not been used actively since the mid-2000s. The cement producer has repaired the tracks on its site and a related signalling system.

Belgium: Magotteaux has launched Expand, a vertical roller mill (WRM) wear parts product line for the cement industry. The equipment supplier says that the range offers high resistance, consistent production, energy efficiency and lower maintenance and replacement frequency. It also uses a scrap buy-back program to consider product lifecycle concerns. The wear parts line comes in two variants: Expand One, the standard metal matrix composite (MMC) product; and the higher performance Expand+.

India: Shree Cement has ordered two vertical roller (VR) mills from Germany-based Gebr. Pfeiffer for the upcoming clinker line at its Raipur cement plant in Chhattisgarh. The supplier says that one of the mills will grind raw materials and the other will grind coal.

A MVR 6000 R-6 type raw mill will grind 800t/hr of raw material and have a drive power of 8700kW. Gebr. Pfeiffer said, “The grinding rollers of this mill can be equipped with roller tires for raw meal grinding as well as for cement grinding, provided that they have been designed according to the same force module. This saves money, because the identical components of rollers, tensioning system, roller arms, etc. mean that customers can reduce their spare parts inventory, since the same spare parts can be used for a raw meal mill and for a cement mill.” The mill will be equipped with an SLS 6000 VR high-efficiency classifier.

A MPS 2800 BK type mill will be used to grind coal with a capacity of 28t/hr, a drive power of 720kW and be “equipped with the latest design of the integrated SLS 2900 BK high-efficiency classifier optimised for MPS mills.”

The supplier said, “While the core components of the mills as well as the drive units will be supplied by Gebr. Pfeiffer from Europe, the Indian subsidiary Gebr. Pfeiffer (India) will provide components such as the mill and classifier housings, the steel foundation parts as well as internal parts of the classifiers.”

Tanzania: Prime Minister Kassim Majawali has ordered regional commissioners to investigate a cement shortage that has reportedly caused a price rise. The Daily News newspaper reports that, in response to price rises first noted in October 2020, Majawali has requested a report by 20 November 2020, and questioned the part that cement producers had played in the issue. He said, “For those who use coals, we have enough to supply them. Clinker is also available at the same market price. We need an explanation behind cement price hiking."

Producers have refuted the accusation that they caused cement prices to rise.

Kenya: A union representing 150 of East Africa Portland Cement Company’s remaining 270 employees, who it made redundant on 1 September 2020, has rejected the company’s offer to take back the workers on a three-year contract with a pay cut of 50%. The rehiring was to be the third phase in the producer’s programme to cut down its 936-strong workforce, according to the Business Daily newspaper.

Acting managing director Stephen Nthei said, “We ran into teething issues between ourselves and the union. There were a few unionisable staff who did not sign, and that is what we are still discussing and agreeing.” He added, “Whatever we will discuss and agree between ourselves and the union will apply to everybody, even those who have signed. It should not be a discriminative procedure.”

Germany: Spain-based Isigenere has installed a 739kW floating solar power plant on a lake at HeidelbergCement’s Dettelbach quarry in Bavaria. PV Magazine has reported that the 1900-panel solar power array, Bavaria’s largest, will power HeidelbergCement’s operations at the quarry.