Canada: The Canadian government’s Environment and Climate Change department has granted an extension to St Mary’s Cement to an order regarding alleged sticky dust emissions from its McInnis cement plant. The Journal de Québec newspaper has reported that the producer now has until 8 August 2022 to submit its observations on the situation. Environment and Climate Change Canada has identified 12 different equipment failures as contributors to the alleged illegal emissions. On 20 July 2022, it had received a total of 80 reports from the public about the situation.
Ambuja Cements increases sales and profit in first quarter of 2023 financial year
India: Ambuja Cements' sales were US$495m in the first quarter of its 2023 financial year, up by 18% year-on-year from first-quarter 2022 financial year levels. Its net profit rose by 45% to US$131m from US$90.4m.The company said that it experienced rising fuel prices and related inflationary impacts during the quarter. It mitigated their impacts through the improved efficiencies delivered under its I Can operating strategy. Meanwhile, its master supply agreement with ACC also helped to restrict growth in transport costs.
Holcim India chief executive officer (CEO) and Ambuja Cements managing director and CEO Neeraj Akhoury said "Ambuja has recorded robust volume growth of 15% and top line growth of 18%. Ambuja Kawach, our green cement, demonstrated a sales growth of 22% year on year."
Visaka Industries commissions Udumalpet cement panel plant
India: Visaka Industries commissioned its Udumalpet cement panel plant in Tamil Nadu’s Tirpur district on 20 July 2022. Capital Market News has reported that the plant has a capacity of 10,000t/yr.
Holcim El Salvador inaugurates upgrade to Maya cement plant
El Salvador: Holcim El Salvador has officially inaugurated an upgrade to its Maya cement plant. The company has invested US$11.6m towards increasing clinker production capacity by 0.45Mt/yr at the unit. Total cement production capacity of the plant has increased to 1.9Mt/yr from 1.2Mt/yr previously. The Maya cement plant previously reduced production levels significantly in 2008 in response to the global financial crisis at the same time. Oliver Osswald, Region Head of Holcim LATAM, attended the inauguration. The event was also used to launch Holcim’s new corporate branding in the region.
