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Cementi Tojik disbands and shuts Dushanbe cement plant 02 January 2024
Tajikistan: Cementi Tojik announced the closure of the 1.1Mt/yr Dushanbe cement plant and its disbandment as a company on 26 December 2023. Asia-PLUS News has reported the reason for the company’s departure from the industry as a government regulation issued in mid-2023, which ordered the closure of the plant due to ‘serious’ emissions violations.
India: UltraTech Cement sold 27.3Mt of cement during the third quarter of the 2024 financial year, up by 6% year-on-year from third-quarter levels in the previous financial year. 26.1Mt (95%) of sales were in India, representing a 5% year-on-year rise in UltraTech Cement’s domestic sales. Throughout the quarter, the company produced 25.4Mt of grey cement and 480,000t of white cement, Press Trust of India News has reported.
UltraTech Cement’s 23 cement plants, one clinker plant and 29 grinding plants commanded an installed capacity of 138Mt/yr on 1 January 2024.
Vietnam’s cement and clinker sales drop by 6% in 2023 02 January 2024
Vietnam: Vietnam sold 89Mt of cement and clinker in 2023, down by 6% year-on-year from 2022 levels. Việt Nam News has reported that exports fell less sharply than domestic sales. The country exported 32.6Mt of cement and clinker, down by 2% year-on-year from 2022.
The Ministry of Construction is reportedly contemplating extending a 2% reduction in the rate of value-added tax (VAT) on cement in order to stimulate sales. Additionally, it has called for a reduction in the export tax on clinker back down to 5%, following a rise to 10% in 2023.
Spain: Cemex España has announced its participation in the HYIELD consortium, which plans to build a waste-to-hydrogen demonstration plant at the producer’s Alcanar cement plant in Catalonia. The demonstration plant will process a total of 2000t of biogenic waste to produce 400t of green hydrogen for use as fuel, fertiliser and for other applications. The trial commands Euro10m in funding from the EU’s research and innovation funding programme Horizon Europe. Parent company Cemex believes that the technology being demonstrated at Alcanar has the potential to process 300Mt/yr of waste across Europe and produce 30Mt/yr of hydrogen.
Cemex’s Europe, Middle East and Africa regional president Sergio Menendez said “As part of its drive towards reaching net zero by 2050, Cemex is committed to partnering with like-minded organisations to explore the very latest innovations in more sustainable technology that can support the cement production process. We are proud to provide one of our cement plants in Spain as the location for the HYIELD trial and excited to see the outcomes from this research and development project.”
Saint-Gobain to buy IMPTEK Chova del Ecuador 01 January 2024
Ecuador: Saint-Gobain has entered into an agreement to acquire a majority stake in IMPTEK Chova del Ecuador, a producer of waterproofing construction chemicals. When the deal completes it will be France-based company’s first manufacturing presence in the country. IMPTEK sells its products locally but also exports to several Latin and Central American countries. The completion of the transaction is subject to approval by competition authorities and expected in the first half of 2024. No value for the purchase has been disclosed.