Global Cement News

Indonesia: Heidelberg Materials subsidiary Indocement has bought the 1.8Mt/yr integrated Grobogan cement plant in Central Java from Semen Grobogan. The plant commands sufficient limestone reserves for the next 50 years and has 700,000t/yr of additional cement grinding capacity.

Heidelberg Materials chair Dominik von Achten said “As part of our ongoing portfolio optimisation, we are making an exciting step in the growth market of Indonesia. Heidelberg Materials has been active in Indonesia for more than 20 years. With this investment, we are now strengthening our presence in one of the most populated regions in Indonesia, where we expect further market growth driven by the growing retail market, developing industrial areas and major infrastructure projects. As frontrunners of decarbonisation in emerging markets, we continue to drive our ambitious CO₂ reduction targets at all our sites in Indonesia, including the new cement plant.”

Bulgaria: Heidelberg Materials subsidiary Devnya Cement has commenced construction of the ANRAV.beta carbon capture pilot unit at its Devnya cement plant near Varna. Construction will take ‘a few months,’ followed by a pilot trial lasting 12 – 24 months. The ANRAV system will rely on OxyCal oxygen-enriched burner technology to eventually capture 800,000t/yr of CO₂ from 3Mt/yr of plant flue emissions. The project has Euro190m in grants from the EU Innovation Fund and is scheduled for delivery in 2028.

Heidelberg Materials’ Northern and Eastern Europe-Central Asia regional director Ernest Jelito said “The OxyCal technology we will be trialling in Devnya is a crucial addition to our portfolio of capture technologies. Obtaining solid operational data from industrial pilots like this is essential to ensure the successful implementation of projects under our comprehensive CCUS investment programme. At the same time, we can demonstrate an economically feasible way to decarbonise carbon-intensive industries in Eastern Europe.”

India: CK Birla Group has approached Adani Group as a possible buyer for its 38% stake in Orient Cement. Mint News has reported that CK Birla Group has previously rejected offers from other local cement producers for the stake. The group is reportedly seeking ‘double’ its market value of US$466m.

Orient Cement plans to make capital expenditure investments worth US$120m/yr up to the end of the 2025 financial year on 31 March 2023.

Malaysia: YTL Cement has awarded a US$210,000 grant to the Construction Research Institute of Malaysia (CREAM). CREAM will use the funding for three main initiatives: the development of reduced-CO₂ cement alternatives, research into more sustainable construction practices and training.

YTL Cement managing director Dato Sri Michael Yeoh said “As a company that has been assisting with the development of Malaysia for over 70 years, we know the importance of investing in our nation’s progress, while simultaneously addressing our construction needs in a sustainable manner.”

China: China National Building Material (CNBM) has warned of an anticipated year-on-year decline in its profit during the first nine months of 2023. Reuters has reported that the group forecast a drop of 70% from nine-month 2022 levels. Declining cement prices contributed to the anticipated drop.