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UltraTech Cement's sales rise in third quarter of 2023 financial year

23 January 2023

India: UltraTech Cement recorded sales of US$1.91bn during the third quarter of the 2023 Indian financial year, up by 20% year-on-year from third-quarter 2022 financial year levels. The Aditya Birla subsidiary's cement sales during the quarter grew by 13% year-on-year in volume. It recorded 24% growth in costs, to US$1.74bn, while its profit fell by 38% to US$131m.

UltraTech Cement noted growth in the cost of electricity, fuels and raw materials.

Published in Global Cement News
Tagged under
  • India
  • UltraTech Cement
  • Results
  • Electricity
  • Fuel
  • fossil fuels
  • Coal
  • petcoke
  • Price
  • costs
  • GCW592

EU grants Holcim Deutschland Euro110m for new kiln for carbon capture project

23 January 2023

Germany: The Carbon2Business carbon capture project at Holcim Deutschland's Lägerdorf cement plant has received Euro110m in funding from the EU. Holcim Deutschland plans to use the funds to install a new oxyfuel kiln with downstream compression and a CO2 cleaning unit at the plant in Schleswig-Holstein. The producer expects to commission the upgraded carbon neutral cement plant in 2029.

Published in Global Cement News
Tagged under
  • European Union
  • Germany
  • funding
  • Grant
  • carbon capture
  • CO2
  • net zero
  • Holcim
  • Holcim Deutschland
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  • decarbonisation

WH Resources to conduct limestone exploration in Kampot Province

23 January 2023

Cambodia: WH Resources plans to assess the feasibility of the Taken limestone reserve in Kampot Province's Chhouk District for exploitation. The Phnom Penh Post newspaper has reported that the company holds a licence to operate a 155 hectare mine at the site. The Cambodian Ministry of Mines and Energy said that, if its exploration is successful, WH Resources may proceed to establish a cement plant there.

The Cambodian cement sector has 9Mt/yr of cement capacity, but consumed 14Mt of cement in 2022.

Published in Global Cement News
Tagged under
  • Cambodia
  • WH Resources
  • Limestone
  • survey
  • Government
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  • GCW592

Unacem Perú to 'significantly increase' cement capacity

23 January 2023

Peru: Unacem Perú plans to 'significantly increase' its cement production capacity 'in the medium-term future.' Prior to that, the producer will invest US$130m in capital expenditure during 2023, double what it invested in 2022. The investments will go towards slightly expanding the producer's capacity from 8.3Mt/yr and increasing alternative raw materials use in its cement production, including pozzolan and ground granulated blast furnace slag (GGBFS). Additionally, it will open its new Manchay limestone quarry in Pachacámac in early 2023.

Unacem said that it increased its cement sales 'unexpectedly' during 2022. It operated at 85 - 90% capacity utilisation, and continued to export clinker.

Published in Global Cement News
Tagged under
  • Peru
  • UNACEM
  • Investment
  • growth
  • Strategy
  • Alternative raw materials
  • supplementary cementitious materials
  • pozzolan
  • ground granulated blast furnace slag
  • Limestone
  • Mining
  • GCW592

CIMAF orders Gebr. Pfeiffer vertical roller mill

23 January 2023

Senegal: Germany-based Gebr. Pfeiffer has received an order for an MVR 5000 R-4 vertical roller mill from Morocco-based Ciments de l'Afrique (CIMAF). CIMAF plans to install the mill at its Keur Moussa cement plant in Senegal. The mill has a capacity of 470t/hr, and will be equipped with an SLS 4000 VR classifier.

CIMAF hopes to reduce Senegal's reliance on imported cement from the time of the mill's commissioning, scheduled for early 2024.

Published in Global Cement News
Tagged under
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