Global Cement News

Nigeria: BUA Cement says that it expects to inaugurate its upcoming Okpella and Sokoto cement plants in early 2024. The Punch newspaper has reported that chief financial officer Jacques Piekarski said the plants will have a combined capacity of 6Mt/yr, and will raise BUA Cement’s Nigerian cement capacity by 54% to 17Mt/yr from 2024.

Vietnam: The government has launched a public consultation over a proposed environmental protection fee. The Vietnam Investment Review newspaper has reported that the proposed policy would require emitters of dust, NO_x, sulphur oxides and carbon monoxide, including cement plants, to pay a basic fee of US$127/yr. Additional variable rates of US$0.02 – 0.03/t would apply to emissions of each of the pollutants. If it enters into force, the regulation will require cement plants to submit quarterly fee declarations to the government. The government says that the policy aims to encourage investment in emissions mitigation technologies.

Taiwan: Asia Cement Corporation won one gold and two bronze awards at the Taiwan Sustainable Action Awards 2023. The company’s Lighting Up the Beauty of the Tribe with Warmth and Heart outreach initiative won gold, while its Coping with Climate Change through Public-Private Collaboration contraband co-processing initiative and Promoting Low-Carbon Cement for a Better Net-Zero Scenario initiative for the development and application of low-carbon cement both won bronze.

Executive Vice President Doris Wu said “Every sustainable goal has corresponding action plans. Only through persistent endeavour, focus and work from all different perspectives can impossible tasks be turned into concrete objectives.”

India: JK Cement’s sales were US$3.31bn during the first quarter of the 2024 financial year. This corresponds to year-on-year growth of 22%, from US$2.73m a year earlier. Nonetheless, its net profit dropped by 29%, to US$136m from US$193m.

Australia: Construction company SIMPEC, a subsidiary of WestStar, has won a new US$68m contract to work on the on-going expansion of Cockburn Cement’s Kwinana grinding plant. The work involves the construction of two 100t/hr grinding units, a 110,000t raw materials store and a reclamation system. Business News has reported that the total value of the Kwinana grinding plant expansion is US$249 - 272m. Cockburn Cement has committed total investments of US$129m to the project, of which US$7.44m consists of an existing contract with SIMPEC.

SIMPEC managing director Mark Dimasi said "This new contract demonstrates the company's track record of delivering for its clients. We are very pleased to secure this work and are committed to maintaining a long-standing relationship with Cockburn Cement and Adbri. I would like to thank Cockburn Cement for this opportunity to deliver such a high-profile local project and would also like to thank our team for their commitment in helping secure this contract.”

Mark Irwin, CEO of Cockburn Cement’s parent company Adbri said "The balance of work for the agreed scope remains consistent with Adbri's previously announced cost estimate and project schedule for the Kwinana Upgrade Project."