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UltraTech Cement expands Magdalla grinding plant 02 August 2023
India: Aditya Birla subsidiary UltraTech Cement has more than doubled its Magdalla grinding plant’s capacity to 1.93Mt/yr. The unit is based in Gujarat. The producer now has an installed cement capacity of 132Mt/yr.
East African Portland Cement Company to resume full-scale operations at Athi River cement plant 01 August 2023
Kenya: East African Portland Cement Company (EAPCC) says that it is ready to resume full-scale cement production at its 600,000t/yr Athi River cement plant. The Standard newspaper has reported that the plant is currently operating at 50% capacity, following refurbishment. EAPCC replaced a 16m-long section of kiln shell in the plant's clinker line, at a cost of US$3.5m. Managing director Oliver Kirubai said that the company raised the funds through the sale of land located in Athi River.
Kirubai said "Our employees have cut back a lot, in a situation where we have been struggling even to pay their salaries. We are now back on our feet." He added "A number of companies owed us millions of Shillings. They have been ordered to pay us by the government. If they honour the agreement, the problem we are facing will be a thing of the past.”
EAPCC says that it expects the scale-up of production at the Athi River plant to help lower the cost of cement for its customers.
Lafarge Africa's sales rise in first half of 2023 01 August 2023
Nigeria: Lafarge Africa's sales were US$257m during the first half of 2023, up by 5.9% year-on-year from US$242m during the first half of 2022. Costs rose and the company's profit after tax fell by 5.2%.
Lafarge Africa said "Our strategic and cost management initiatives have contributed to improved results, despite the challenges. We remain steadfast in our commitment to driving innovation and accelerating green growth in line with our sustainability ambitions and targets." The company added "The Nigerian infrastructure and construction sector is expected to continue to grow despite inflationary pressure on purchasing power. As a result, we maintain our positive outlook, with market recovery expected for the second half of the year. We will continue to maximise volume opportunities across our markets and actively manage our costs. The company remains committed to its sustainability ambitions and strategy of Accelerating Green Growth.”
Mexican government to offer Vulcan Materials US$390m for Quintana Roo quarry and terminal 01 August 2023
Mexico: The Mexican ambassador to the US is due to make US-based Vulcan Materials an offer of US$390m to sell a 2400 hectare parcel of land in Quintana Roo to the government. The land includes a disused limestone quarry and the Riviera Maya cement terminal, which is currently used by Cemex. The government's Ministry of the Environment ordered the closure of the quarry in May 2022, when it also banned Vulcan Materials from despatching limestone.
Mexican President López Obrador said that Vulcan Materials 'shouldn't reject the offer.' He added "We’ll buy everything from them, we’ll pay immediately and we’ll turn 2000 hectares into a natural protected area. They’ll be able to say "We’re contributing to stopping climate change." And we’ll only keep one part, to carry out an ecotourism development with a cruise ship pier.”
Associated Press News has reported that Vulcan Materials has filed a valuation showing the land to be worth US$1.9bn.
Ukraine: CRH subsidiary Cemark completed the 'main stage' of construction of a US$37.3m, 450,000t/yr cement shipping complex in Ukraine in July 2023. The Sunday Independent newspaper has reported that complex will be equipped with an automated packing and palletising line. When operational, the site will provide 80 jobs.
Ireland-based CRH agreed to acquire Italy-based Buzzi's Ukrainian business in June 2023, for US$109m.