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Alcoa of Australia extends Cockburn Cement lime supply contract

17 January 2022

Australia: Aluminium company Alcoa of Australia has extended its contract for the supply of lime from AdBri subsidiary Cockburn Cement until January 2023. Business News Western Australia has reported the value of the extension as US$18m – 25.3m. Alcoa of Australia switched to using imported lime at its Kwinana, Pinjarra and Wagerup refineries in Western Australia in June 2020. Prior to this, it had bought a total of US$50.5m-worth of lime from Cockburn Cement.

Adbri’s managing director Nick Miller said "The extension reinforces our position as a reliable and high quality supplier of lime through our local manufacturing and distribution network across Western Australia, supporting local manufacturing jobs, the resources sector and the broader Western Australia economy."

Published in Global Cement News
Tagged under
  • Australia
  • Cockburn
  • Adbri
  • lime
  • supply contract
  • Contract
  • aluminium cement
  • GCW540

Firma Vasútvill to acquire 49% stake in MABA Hungaria

17 January 2022

Hungary: Kirchdorfer Gruppe subsidiary Kirchdorfer Concrete Solutions has agreed to sell a 49% stake in prestressed concrete sleepers producer MABA Hungaria to railway overhead line construction company Firma Vasútvill. Austria-based Kirchdorfer Concrete Solutions will retain its majority stake in the company.

Kirchdorfer Gruppe CEO Michael Wardian said that the group was delighted to have secured a strong partner for its Hungarian operations.

Published in Global Cement News
Tagged under
  • Hungary
  • Germany
  • Kirchdorfer Concrete Solutions
  • MABA Hungaria
  • Kirchdorfer Gruppe
  • Firma Vasútvill
  • Rail
  • construction
  • railway
  • Acquisition
  • GCW540

HeidelbergCement to continue share buyback programme

14 January 2022

Germany: HeidelbergCement plans to proceed with its on-going share buyback programme in early 2022 with a second tranche of purchases worth Euro300 – 350m. The group expects to conclude the tranche in mid-2022. It previously finished buying back 2.7% of its shares in December 2021. On 13 January 2021, HeidelbergCement announced that it had retired all shares purchased under this previous tranche.

Published in Global Cement News
Tagged under
  • HeidelbergCement
  • Germany
  • corporate
  • Shares
  • buyback
  • GCW540

Brazilian cement sales rise to 64.7Mt in 2021

14 January 2022

Brazil: The Brazilian National Cement Industry Association (SNIC) has recorded cement sales of 64.7Mt by Brazilian cement producers in 2021, up by 6.6% year-on-year from 2020 levels. Home construction work, property development and infrastructure building all contributed to the rise. Capacity utilisation rose to 69% from 65% across the country’s 94Mt/yr, 91-plant cement network.

Published in Global Cement News
Tagged under
  • Brazil
  • SNIC
  • Sales
  • Capacity utilisation
  • growth
  • demand
  • Consumption
  • GCW540

Asia Cement (Russia) renews Freight One haulage contract

14 January 2022

Russia: Asia Cement has extended its contract with Freight One for the transportation of its cement by rail from Chais, Penza region. The producer said that it will aim to dispatch 164,000t of cement under the contract in 2022.

Published in Global Cement News
Tagged under
  • Russia
  • Asia Cement (Russia)
  • Rail
  • Freight
  • logistics
  • Transport
  • Contract
  • GCW540
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