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Kazakh cement demand drops slightly in 2023

15 January 2024

Kazakhstan: National cement consumption volumes totalled 11.5Mt in 2023. The figure represents a year-on-year decline of 0.9% from 11.6Mt in 2022.

Published in Global Cement News
Tagged under
  • Kazakhstan
  • demand
  • Sales
  • market
  • Consumption
  • Commonwealth of Independent States
  • data
  • GCW642

Al-Douh Iraqi Company for Cement Industries to upgrade Al Douh cement plant

12 January 2024

Iraq: Al-Riyadh Investment Companies Group subsidiary Al-Douh Iraqi Company for Cement Industries plans to expand its Al Douh cement plant’s capacity by 58% to 3Mt/yr. The expansion is part of an upgrade involving the installation of a new kiln, a gas-fired captive power plant and a new waste heat recovery (WHR) plant. The WHR plant will provide 30% of the plant’s energy. The US-based International Finance Corporation (IFC) has loaned Al-Douh Iraqi Company for Cement Industries US$130m on a long-term basis for the project.

The IFC says that it expects the Al Douh cement plant expansion to help boost economic diversification, spur sustainable growth in Iraq and generate 2700 new jobs in Muthanna Governorate.

Published in Global Cement News
Tagged under
  • Iraq
  • Al Douh Iraqi Company for Cement Industries
  • AlRiyadh Investment Companies Group
  • International Finance Corporation
  • IFC
  • Loan
  • development
  • Jobs
  • Expansion
  • Upgrade
  • Kiln
  • Power Plant
  • Electricity
  • Gas
  • Energy
  • Sustainability
  • CO2
  • Waste Heat Recovery
  • GCW642

Summit Materials shareholders approve merger with Argos USA

12 January 2024

US: Summit Materials has announced that its shareholders voted in favour of its proposed merger with Cementos Argos subsidiary Argos USA. Dow Jones Institutional News has reported that the parties expect the deal to conclude on 12 January 2024.

Published in Global Cement News
Tagged under
  • US
  • Summit Materials
  • Grupo Argos
  • Cementos Argos
  • Argos USA
  • Merger
  • shareholders
  • GCW642

Phinma Corp. to operate Petra Cement’s Zamboanga grinding plant

12 January 2024

Philippines: Petra Cement has concluded a manufacturing and sales agreement with industrial conglomerate Phinma Corp. Reuters has reported that the agreement gives Phinma Corp. operations control over Petra Cement’s Zamboanga grinding plant on the island of Mindañao.

Phinma Corp. is already active in Philippine cement production through its subsidiary Philcement, which operates the 2Mt/yr integrated Bataan cement plant in Central Luzon.

Published in Global Cement News
Tagged under
  • Philippines
  • Phinma
  • Petra Cement
  • grinding plant
  • Contract
  • agreement
  • Operation
  • Sales
  • GCW642

Schwenk Latvija trials carbon capture at Brocēni cement plant

12 January 2024

Latvia: Schwenk Latvija plans to build a 750,000t/yr carbon capture system at its 2Mt/yr Brocēni cement plant. The producer has hired Norway-based Capsol Technologies to conduct a CapsolEoP carbon capture feasibility study at the plant. Schwenk Latvija is a member of the CCS Baltic Consortium, which achieved provisional inclusion on the European Commission’s list of Projects of Common Interest in November 2023.

Schwenk Northern Europe CEO Reinhold Schneider said “Checking the best carbon capture methods and how they can be integrated with our production process is a crucial task for us on the way to carbon neutrality, and likely the major investment direction for the coming decade. To that end, we are excited to investigate the energy consumption and the scale of equipment required for carbon capture at the Brocēni plant, if potentially partnering with Capsol for this challenge.”

Capsol Technologies CEO Jan Kielland said “We are excited to work with Schwenk, one of the most innovative building materials producers in Europe, which has constantly improved its processes to reduce emissions since operations started at the Brocēni plant’s new kiln line in 2010” He added “With this feasibility study, we are taking another step towards building a position as the preferred carbon capture technology provider for cement.”

Capsol’s project pipeline includes 10 large-scale cement projects in the sales engineering and engineering studies phase. The total CO2 capture capacity of these projects is 11Mt/yr.

Published in Global Cement News
Tagged under
  • Schwenk Zement
  • Latvia
  • Schwenk Latvija
  • CO2
  • Sustainability
  • carbon capture
  • CCS
  • pilot
  • Capsol Technologies
  • Trial
  • CCS Baltic Consortium
  • European Union
  • European Commission
  • GCW642
  • CCUS
  • decarbonisation
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