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Australian competition authorities seek comment on Sika's MBCC Group acquisition

20 January 2023

Australia: The Australian Competition and Consumer Commission (ACCC) has called for public comment on Switzerland-based Sika's proposed acquisition of Germany-based fellow construction chemicals producer MBCC Group. The commission has raised 'preliminary concerns' over the possible competition impacts of Sika obtaining an 80% Australian market share as a result of the deal.

Sika group responded to the ACCC's concerns with an offer of an undertaking to divest MBCC Group's entire Australia and New Zealand business.

Published in Global Cement News
Tagged under
  • Sika
  • Australia
  • New Zealand
  • MBCC Group
  • Acquisition
  • Deal
  • Competition
  • Australian Competition & Consumer Commission
  • GCW592

Thai cement plant installs ThyssenKrupp Polysius' Prepol SC alternative fuels system

19 January 2023

Thailand: ThyssenKrupp Polysius says that it has successfully supplied and installed a Prepol SC alternative fuels (AF) system at a 12Mt/yr cement plant in Thailand. The system will supply the plant's four lines with 4000t/day of AF.

ThyssenKrupp Polysius' Asia Pacific CEO Lukas Schoeneck said "Asia Pacific, with its tremendous municipal solid waste (MSW) problem, is ideal when it comes to replacing coal with AF. The Prepol SC technology significantly reduces the need to treat MSW before using the inherent calorific value. Additionally, it helps to further reduce the ambitious CO2 limit targets in the region."

Published in Global Cement News
Tagged under
  • Thailand
  • ThyssenKrupp Polysius
  • Alternative Fuels
  • Upgrade
  • municipal solid waste
  • CO2
  • Sustainability
  • Coal
  • Waste
  • GCW592

Lhoist and others secure Euro4.5m in EU funding for carbon capture and utilisation project

19 January 2023

Belgium: The EU Innovation Fund has awarded Euro4.5m to a consortium consisting of Lhoist, gas provider Fluxys Belgium, concrete products company Prefer and carbonation technology developer Orbix. The collaborators are working on a project called CO2ncrEAT. The project will carbonate steel sector by-products with captured CO2 from Lhoist's Hermalle lime plant to produce alternative building materials. CO2ncrEAT will be the first project to employ Orbix's innovative technique for the purpose. Fluxys Belgium's pipeline technology will convey the Hermalle plant's emissions over a distance of 2km to a Prefer concrete blocks plant.

The consortium said that it will use 12,000t/yr of CO2 to produce 100,000t/yr of reduced-CO2 concrete blocks. The use of alternative raw materials in the blocks will further reduce their carbon footprint by 8000t/yr.

Lhoist Western Europe managing director Vincent Deleers said “The project fits perfectly with our willingness to actively develop CO2 capture and sequestration technologies that are essential to the sustainability of our industry. We are delighted that our work on innovative solutions has been recognised by the European Innovation Fund and we look forward to working with our partners to bring CO2ncrEAT to the next level.”

Published in Global Cement News
Tagged under
  • Belgium
  • Lhoist
  • Fluxys
  • Fluxys Belgium
  • Orbix
  • Prefer
  • CO2ncrEAT
  • carbon capture
  • CO2
  • carbonation
  • Alternative raw materials
  • circular economy
  • lime
  • pipeline
  • concrete block
  • Transport
  • CCUS
  • Project
  • consortium
  • EU Innovation Fund
  • funding
  • Finance
  • Investment
  • Grant
  • net zero
  • GCW592
  • decarbonisation

DG Khan Cement despatches cement to the US

19 January 2023

Pakistan: DG Khan Cement despatched its second cement shipment to the US on 18 January 2023. The shipment consisted of 37,500t of low-alkali cement, and is part of an order for 600,000t. The Business Recorder newspaper has reported that DG Khan Cement previously shipped 50,000t to the US in June 2022. The latest delivery is destined for Houston, Texas.

DG Khan Cement's executive director Farid Fazal said that the Pakistan cement industry is position to obtain an over 10% share in the US import market. During 2022, Pakistan and 24 other countries exported cement to the US.

Published in Global Cement News
Tagged under
  • Pakistan
  • DG Khan
  • despatches
  • Export
  • Export
  • deliveries
  • Shipping
  • US
  • Import
  • trade
  • Texas
  • market
  • GCW592

Altor Fund Manager increases FLSmidth stake to over 5%

19 January 2023

Denmark: FLSmidth has notified investors that Altor Fund Manager has increased its holding of shares in the company to over 5%. The transaction took place on 18 January 2023.

Published in Global Cement News
Tagged under
  • Denmark
  • FLSmidth
  • shareholders
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  • GCW592
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