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Oficemen reports cement consumption data for November 2024 23 December 2024
Spain: According to the latest data from Oficemen, cement consumption in Spain recorded an average increase of 1.8% in 2024, after rising by 4.3% in November 2024. The figures align with the 1.3% growth observed from January to October 2024. November's boost brought the monthly consumption to 1.34Mt nearly 56,000t more than in November 2023. Despite a 41% growth in exports in November 2024, adding 154,387t, an 8.8% year-on-year decline. From January to November 2024, Spain exported 4.54Mt of cement, 0.44Mt or 9.7% less than the same period in 2023.
Aniceto Zaragoza, general director of Oficemen, said "These positive figures are in line with the forecasts we gave at the beginning of 2024, where we expected a moderate recovery towards the end of the year. With 11 months of data now available, it is not risky to predict that we will close the year with slight positive growth, as we anticipated in January 2024. This trend makes us look at 2025 with some optimism, expecting a more solid increase in consumption."
Holcim divests business in Kenya 20 December 2024
Kenya: Holcim has completed the divestment of its Kenyan operations by selling its entire 58.6% stake in Bamburi Cement to Amsons Group. The transaction has resulted in cash proceeds of over US$100m for Holcim, according to the company's press release.
Greece: Heracles, part of the Holcim Group, has signed a front-end engineering design contract (FEED) with Air Liquide for CO₂ capture, liquefaction, storage and dispatch facilities at the Heracles plant in Milaki, as part of the Olympus carbon capture and storage (CCS) project. The project will enable the plant to capture and store 1Mt/yr of CO₂ and is scheduled for full operation in 2029. The captured CO₂ will be liquefied and transported by sea to the offshore sequestration facility in Prinos in the northern part of the Aegean Sea.
UK/Ireland: France-based Hoffmann Green Cement Technologies has launched a strategic licensing agreement with UK partner Cemblend, furthering its international expansion strategy. The deal builds on an existing partnership established in 2022 for the launch of Hoffmann’s 0% clinker cements, with the partners aiming to accelerate the decarbonisation of the construction sectors in the UK and Ireland. Under the terms of the agreement, Hoffmann Green will receive up to €2m in entry fees and annual royalties tied to the sales of Hoffmann cements and premixes. Cemblend will construct production units in the UK to support the rising demand for sustainable building materials.
Thomas Atkinson, international director of Hoffmann Green Cement Technologies, said “2024 marks a key period in Hoffmann Green's international development. After signing a strategic partnership in the US and strengthening our development in Saudi Arabia, this new licensing agreement provides us with ambitious new perspectives on the European market.”
India: JK Cement has laid the foundation stone for a new grinding unit in Buxar, Bihar, at a cost of US$58.7m. With a capacity of 3Mt/yr, the unit is expected to increase the company’s production capacity to over 30Mt/yr by 2025, from the current 24.3Mt/yr, according to Biltrax Media.
Raghavpat Singhania, managing director of JK Cement, said "The new facility will not only enhance JK Cement's reach across India but also contribute to the overall infrastructural and economic development of Bihar.”