Global Cement News

US: Charah Solutions has been awarded a marketing contract by Dominion Energy for the beneficiation and utilisation of up to 8.1Mt reclaimed ponded coal ash at its Chesterfield Power Station in Chester, Virginia. The contract will run from 2021 until 2032. It follows local state legislation requiring the power company to remove coal ash from sites at the Chesterfield Power Station within 15 years.

As part of the agreement, Charah Solutions will install processing and transportation infrastructure in 2021 to facilitate rail transportation of the ash from Chesterfield Power Station to cement kiln feed markets. The beneficiated ash product will replace other currently utilised virgin raw materials in the production of Portland cement at multiple cement kiln locations in the eastern US for the next decade and beyond, and help supply the growing demand for concrete in the construction industry.

Pakistan: Cement producers including DG Khan have filed pleas to the Pakistan Supreme Court challenging the Lahore High Court’s ruling in favour of parliament’s right to introduce new competition legislation. The pleas challenge the constitutionality of the Competition Commission of Pakistan (CCP)’s existence, according to the Pakistan Today newspaper. The producers claim that the high court made a procedural error in failing to adjourn during the coronavirus pandemic and a domestic ban on air travel.

Vietnam: The Vietnam National Cement Association (VNCA) says that the average cement production of each integrated cement plant is 2.2Mt/yr. It alleges this is the lowest output in the Southeast Asian region, according to the Viet Nam newspaper. It further explained that 70% of the country’s plants produce less than 1Mt/yr of cement, accounting for 20% of the total output.

China: Huaxin Cement has forecast a 9 -14% year-on-year fall in full-year net profit in 2020, of up to US$140m. It said that it recorded a net profit attributable to shareholders after deducting non-recurring gains and losses of around US$980m in 2019.

The company said, “The main reason for 2020 performance decline is the hit of Covid-19 in the first half of this year and vast flood disaster along Yangtze River in July 2020. The sales volume of main products were hugely affected and the price fell to some extent, leading to the reduction in the operating revenue.”

Germany: Denmark-based FLSmidth has entered into non-binding negotiations with ThyssenKrupp over the possible acquisition of its mining business. Mining is one of ThyssenKrupp subsidiary ThyssenKrupp Industrial Solutions’ major businesses, alongside cement. This business segment reported net sales of Euro2.9bn in its 2020 financial year, a small decline from the sales figure in 2019 despite the coronavirus pandemic.