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Kyrgyzstan’s first-half cement imports double year-on-year in 2024

27 August 2024

Kyrgyzstan: 174,800t of cement entered Kyrgyzstan in the first half of 2024, more than double first-half 2023 import volumes of 83,200t. Neighbouring Kazakhstan supplied 152,000t (87%) of the total, according to data from the Kyrgyz National Statistical Committee. Central Asia News has reported that other imports originated from China, Iran and Uzbekistan.

Kyrgyzstan’s first-half cement production declined by 2% year-on-year in the period under review, to 1.3Mt. However, it grew by 10% year-on-year in June 2024. The country exported 190,000t of cement throughout the first half of 2024, all of it to Uzbekistan, down by 21% from first-half 2023 levels.

Published in Global Cement News
Tagged under
  • market
  • trade
  • Eurasian Economic Union
  • China
  • Iran
  • Kyrgyzstan
  • Kazakhstan
  • Uzbekistan
  • Export
  • Export
  • Import
  • National Statistical Committee
  • GCW674

Material Evolution to launch low carbon cement plant

23 August 2024

UK: Material Evolution will launch the UK's ‘largest ultra-low carbon cement plant’ in Wrexham in October 2024, reports the Construction Enquirer. The new facility will produce 150,000t/yr of a cement that emits up to 85% less embodied CO₂ than Ordinary Portland Cement (OPC), according to the company. Material Evolution is the driving force behind the €9m Mevocrete project, funded by government-led Innovate UK, and utilises byproducts from the steel industry. Business co-founder Liz Gilligan said that Material Evolution aims to remove one gigatonne of carbon by 2040, while replacing OPC as the ‘go-to’ product for UK construction. The company plans to replicate and scale its production across the UK and Europe.

Chief science officer at Material Evolution and co-lead of the ‘Mevocrete’ project, David Hughes, said "Cement is a binder and what we’re looking at here is creating a net zero embodied carbon cement which is inherently more durable, which means our houses, infrastructure and transport highways would be transformed on mass industry scale, really tapping into a local and national picture of a net zero environment.”

Published in Global Cement News
Tagged under
  • UK
  • Material Evolution
  • low carbon cement
  • Plant
  • decarbonisation
  • net zero
  • Sustainability
  • GCW674

Lafarge Serbia to build new cement plant utilising power plant ash

23 August 2024

Serbia: Lafarge Serbia is set to build a new cement plant in Ratari near Obrenovac, which will utilise 1Mt/yr of ash from the nearby Nikola Tesla B power plant as a raw material in cement production, reports Balkan Green Energy News. This €110m investment marks Serbia's first cement plant built next to a power plant to harness ash directly from the source and address the country’s problem of ash accumulation in dumps.

CEO of Lafarge Serbia Dimitrije Knjeginjić said "Fly ash cannot be used in the cement or concrete industry, or many other industries, without prior processing. This is exactly what the Ratari plant will be dealing with. We will grind, classify and select 1Mt/yr of ash to produce new construction materials."

Published in Global Cement News
Tagged under
  • Lafarge Serbia
  • Lafarge
  • Serbia
  • Plant
  • Power Plant
  • Ash
  • Fly Ash
  • Sustainability
  • Alternative raw materials
  • GCW674

Indian cement industry to invest US$15bn in capital expenditure

23 August 2024

India: India’s top cement producers are planning to invest approximately US$15bn from 2025 - 2027 in capital expenditure, according to a report by ratings agency CRISIL. During this period, the industry is expected to expand cement grinding capacity by 130Mt/yr, which represents a fifth of the current capacity. This move is prompted by robust demand and competitive market share goals, reports the Economic Times.

Senior director and deputy chief ratings officer at CRISIL Ratings, Manish Gupta, said "Cement demand outlook remains healthy with a compound annual growth rate of 7% over the financial years 2025-2029. The surge in capital expenditure over the next three financial years will primarily cater to this growing demand as well as to the aspirations of the cement makers to improve their national presence."

Published in Global Cement News
Tagged under
  • India
  • Investment
  • capital expenditure
  • Expansion
  • Grinding
  • Capacity
  • GCW674

Adani Group to sell stake in Ambuja Cements

23 August 2024

India: Adani Group is planning to sell a 2.84% stake in Ambuja Cements through its entity Holderind Investments, aiming to raise US$500m. The sale of 69.96 million shares will be at a price of US$7.15 per share. This move is part of a strategy to divest part of its substantial 70.33% holding in the cement company. Holderind Investments itself accounts for 50.90% of this ownership.

Published in Global Cement News
Tagged under
  • India
  • Adani Group
  • Ambuja Cements
  • Stake
  • Shares
  • Divestments
  • GCW674
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