Global Cement News

South Korea: Korea Cement Association (KCA) members have agreed to reduce their net CO₂ emissions to zero by 2050. To help them achieve this target, the state-owned Korea Development Bank has pledged US876m in investments in emissions reduction and green production upgrades by 2025, according to the Maeil Business Newspaper. The KCA says that 90% of local cement producers have increased their environmental, social and corporate governance investment and reduced their use of coal.

India: Synergy Metals Investments Holding has received the Competition Commission of India’s approval via the accelerated ‘green channel notice’ to acquire a minority stake in JSW Cement. The Press Trust of India has reported that the accelerated procedure aims to improve merger regulation through transparent review with a minimal waiting period.

Egypt: Tamer Magdy, the country manager for Sinai Cement, says that parent company Vicat is keen to continuing to invest in the local market. He noted that noted that the France-based building materials producer is a long-term investor with confidence in the Egyptian economy and that it has no plans to leave, according to the Daily News Egypt newspaper.

He praised the government’s decision in early July 2021 to introduce reduced cement production quotas. The group is also keen for the authorities to develop the Sinai region more, where its main market is based. Vicat has operated in Egypt since 2003 when it acquired Sinai Cement. However, Magdy also called on the government to provide subsidies for exports.

Ethiopia: China-based Sinoma International Engineering’s subsidiary Suzhou Sinoma has signed an initial deal with Western International Holdings to build a 10,000t/day clinker production line at Lemi in Amhara Region for around US$326m. The line includes entry of raw materials to the packaging of finished cement. Once Western International Holdings establishes a company to carry out the project Suzhou Sinoma will sign a further contact to confirm the deal. At this point construction is expected to take around 20 months.

US: ForneyVault has partnered with Command Alkon to improve the quality control process for a mutual customer, Titan Virginia Ready-Mix. The concrete producer, a subsidiary of Greece-based Titan Group, previously relied on both suppliers’ products separately. Now, ForneyVault has integrated Command Alkon ‘s quality control technology into its own data collection software. It says that the integration will benefit the concrete producer’s testing capabilities. Titan Virginia uses Command Alkon’s CommandQC software product to validate the quality for its own internal ready-mix concrete products.

Command Alkon software product owner James Shilstone said “Forney’s decision to place their data in the cloud makes it easy to interface with CommandQC. Sharing data between the two programmes eliminates the need for double entry and makes the test results available to the QC manager more quickly.” ForneyVault vice president, platform development Scott Grumski added “Integration with Command Alkon’s software allows Titan’s quality control technician to lose the clipboard and pencil... The integration partnership reduces risk and advances compliance for Titan’s quality assurance programme.”