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Russian invasion of Ukraine endangers Serbian cement production

21 April 2022

Serbia: The impacts of Russia’s invasion of Ukraine mean that the Serbian cement industry’s operations are ‘endangered’ and will likely fail to meet steady market demand in the coming months. Serbian Cement Industry Association director Dejana Milinkovic said that the industry relied on Russia and Ukraine for 50% of its coal supply in 2021.

In 2021, the industry produced 2.6Mt of cement, up by 10% year-on-year, operating close to 100% capacity utilisation.

Published in Global Cement News
Tagged under
  • Serbia
  • Russia
  • Ukraine
  • War
  • Invasion
  • costs
  • Coal
  • Shortage
  • Capacity utilisation
  • Production
  • Fuel
  • Sanctions
  • GCW554

Seven Circle converts to Oracle Cloud Infrastructure systems

21 April 2022

Bangladesh: Shun Shing Group subsidiary Seven Circle says that it has successfully migrated its on-premises, business-critical, finance and manufacturing systems to Oracle’s Cloud Infrastructure digital services platform. The Bangladesh Monitor newspaper has reported that the company made the transition in order to lower its costs, increase its operational agility and improve productivity. It has since experienced a 30% drop in capital expenditure and almost doubled its uptime as a result. Seven Circle also deployed cloud disaster recovery capabilities for its workloads on the new platform. This can allow the company to serve its customers in a timely manner and reinvest the savings to drive innovation.

Shun Shing Group human resources and digitalisation head Anika Ali Chowdhury said “Running our back-office operations quickly and reliably, 24/7, is critical for success. It helps us to ensure we are sourcing the best raw materials, making the right production investments, and delivering quality products with reliable and fast delivery. This allows us to earn the highest level of customer trust.”

Published in Global Cement News
Tagged under
  • Bangladesh
  • Shun Shing Group
  • Seven Circle Bangladesh
  • Oracle
  • cloud
  • digitisation
  • software
  • Industry 40
  • costs
  • efficiency
  • GCW554

US facing cement shortage

21 April 2022

US: Concrete companies have reported an on-going shortage of cement as a contributor to increased costs in the construction industry. Local press has reported that the shortage is the result of high demand, most notably from commercial projects. A lack of cement truck drivers has reportedly exacerbated the supply situation.

North Carolina-based ready-mix concrete producer Metrocon president Dan Crosby said that his company’s facilities are currently operating at 60% capacity due to the shortage.

Published in Global Cement News
Tagged under
  • US
  • Shortage
  • Supply
  • market
  • demand
  • Trucks
  • Metrocon
  • readymixed concrete
  • Drivers
  • labour
  • GCW554

Carbon Upcycling Technologies secures US$6.15m in financing

21 April 2022

Canada: Carbon Upcycling Technologies has secured US$6.15m in financing from a group of companies led by Clean Energy Ventures, Cemex Ventures, Amplify Capital and Oxy Low Carbon Ventures (OLCV). The investment round includes participation from Zero Carbon Partners, Purpose ESG, Clean Energy Venture Group, Fund for Sustainability and Energy, Prithvi Ventures, Bryan Trudel, and Mark and Faye McGregor. Carbon Upcycling intends to use the funding to grow its team and build its second commercial-scale facility in North America, with a production capacity of over 200t/day of its cement and concrete additive. Carbon Upcycling sequesters CO2 in secondary cementitious materials such as fly ash, which are then used in cement or concrete production.

Published in Global Cement News
Tagged under
  • Canada
  • Carbon Upcycling Technologies
  • Finance
  • Clean Energy Ventures
  • Cemex Ventures
  • Cemex
  • Amplify Capital
  • Oxy Low Carbon Ventures
  • CO2
  • Fly Ash
  • GCW554

Conveyor Components launches new SBR belt cleaner

21 April 2022

US: Conveyor Components has announced the launch of its SBR belt cleaner, a smaller version of its original brush-style belt cleaner. The cleaner uses an electric motor to drive a helical shaped, open face brush. Its hanger rail mounting allows for field customisable mounting on most conveyors. The supplier says that the product efficiently removes fines and carry-back material without clogging or loading.

Published in Global Cement News
Tagged under
  • US
  • Conveyor Components Company
  • Belts
  • Maintenance
  • Supplier
  • equipment
  • GCW554
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