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Titan Cement Group details latest venture capital investments 05 February 2025
Greece: Titan Cement Group says that it has accelerated its innovation strategy with new investments in cement-aligned start-ups. The producer has invested in AI-based industrial process optimiser developer Optimitive, in concrete design systems developer Concrete.ai, in demolition materials-based concrete developer C2CA Technology and in property technology investor Fifth Wall.
Robtek working on refurbishment project at Khayah Cement 05 February 2025
Zimbabwe: South Africa-based Robtek is working on a ‘refurbishment’ project at Khayah Cement’s integrated plant in Harare. The project work on the kiln includes replacing 10 planetary coolers, installing 23m of kiln shell sections and refurbishing eight support rollers. Work on the raw mill includes replacing trunnion bearings, overhauling raw mill bearings, upgrading the internal diaphragm and head wall liners and installing a new double-flap valve to replace the star feeder.
St Marys Cement orders Airslide analyser from SpectraFlow Analytics 05 February 2025
Canada: St Marys Cement, Votorantim Cimentos’ North American subsidiary, has ordered SpectraFlow Analytics’ Airslide analyser for its Bowmanville cement plant in Ontario. The analyser will replace the plant’s existing XRF Atline system installed at the back end of the plant’s 450t/hr raw materials mill. It will provide continuous one-minute sampling results, without the need to prepare samples separately. This in turn will facilitate real-time adjustments to the line’s additive weight feeders.
SpectraFlow Analytics says that its equipment will now be installed at plants across 30 countries globally.
Holcim does not expect impact from US tariffs 04 February 2025
US: Holcim’s CEO Miljan Gutovic says he does not expect any effects of proposed US tariffs upon his company. "I don't really see any impact, because our business is a local business (in the US)," said Gutovic in an interview with Reuters. "We are producing locally, we are sourcing the equipment, the spare parts locally, so how is this going to affect us? I do not see it." He added that the proposed tariffs were also unlikely to pose any problems to the group’s planned spin-off of its business in the US. The listing of its North America-based business is remains scheduled for the first half of 2025.
The US government proposed tariffs upon imported goods from Canada and Mexico in early February 2025 but these have been paused for one month. Tariffs on China are set to start on 4 February 2025. US President Donald Trump has also spoken about implementing tariffs on the EU.
House building campaign expected to boost cement demand in Indonesia 04 February 2025
Indonesia: A government scheme to build three millions houses per year is expected to boost demand for cement. Special envoy for climate change and energy, Hashim Djojohadikusumo, said that the country had secured financing from Qatar to construct four to six million housing units, according to Antara. An agreement has been secured with the UAE to build one million houses. Hashim also mentioned that countries including China, Türkiye, India and Singapore had expressed interest in investing. The government’s housing budget plan for 2025 is currently valued at around US$310m.