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Ukraine raises eight-month cement production so far in 2023 20 September 2023
Ukraine: Cement companies produced 4.75Mt of cement during the first eight months of 2023, up by 30% year-on-year from eight-month 2022 levels. Interfax-Ukraine News has reported that producers are operating at 60% production capacity.
Liudmyla Kripka, executive director of the Ukrainian cement association, Ukrcement, said “If we compare it with last year, when the country’s economy was in shock from Russia’s treacherous attack on Ukraine and the start of the full-scale war, the situation has improved somewhat. Cement production in the first half of 2023 grew by 26%, and in the first eight months by 30%, compared to last year.” Kripka added “We are still far from the indicators of 2021, but the dynamics are encouraging. Once there was a prospect, work for the future began. Cement producers, even in war conditions, are investing in Ukraine and the economic restoration of the regions. This expands the production capacity of the industry as a whole and contributes to the creation of new jobs.”
French Supreme Court hears Lafarge’s appeal over Syria charges 20 September 2023
France/Syria: Lafarge defended itself against charges of endangering its employees in Syria before the French Supreme Court on 19 September 2023. The company, since acquired by Switzerland-based Holcim, has admitted to paying ‘several million euros’ to terror groups while continuing to operate in Syria in 2013 – 2014. The court will also hear Lafarge’s appeal over charges of complicity in crimes against humanity. It will give its ruling on 7 November 2023.
Capsol Technologies wins two further carbon capture contracts in Europe 19 September 2023
Europe: Norway-based Capsol Technologies says that it has signed contracts for two new feasibility studies for carbon capture installations at ‘large cement plants’ in the EU. If successful, the plants will proceed to the installation of Capsol Technologies’ CapsolEoP carbon capture systems. Nordic Daily News has reported that the technology reduces the energy consumption of carbon capture by 50%, and lowers its costs by 25%, according to the supplier.
The new contracts bring Capsol Technologies’ number of cement industry carbon capture contracts to four, and its total contracts to nine, with a potential CO2 capture capacity of 10Mt/yr.
CEO Jan Kielland said "We are pleased that our solution is gaining attention, as demonstrated by an increasing number of incoming requests for sales engineering and engineering studies, and look forward to being a major contributor in the path to net zero for cement.”
JK Lakshmi Cement to acquire 21% stake in Amplus Helios 19 September 2023
India: JK Lakshmi Cement has concluded a deal to acquire a 21% stake in solar power plant engineering company Amplus Helios. Amplus Helios was founded as a special purpose vehicle for the construction of a 50MW captive solar power plant at JK Lakshmi Cement’s 1.7Mt/yr Durg cement plant in Chhattisgarh. The Free Press Journal has reported that the solar power plant will cost US$26m.
India: Ratings agency ICRA says that the cement industry in India will reach a renewable energy reliance of 40% across its operations in the 2025 financial year. The Hitavada newspaper has reported that this will involve the construction of 537MW-worth of new renewable power capacity. During the 2023 financial year, which ended on 31 March 2023, producers used 35% renewable energy. ICRA said that they can expect to make costs savings of US$240m/yr from 2025 through the scale-up of renewables, including solar, wind and waste heat recovery. This would correspond to a 15 – 18% reduction of estimated energy costs for the 2025 financial year.
Over the same two-year period, ICRA forecast blended cements to rise to 81% of cement sales in the 2025 financial year, from 78% in the 2023 financial year.