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South Korean cement production may shut down from 5 December amid truck driver strike

28 November 2022

South Korea: Cement producers say that an on-going truck drivers' strike will force them to suspend production from 5 December 2022 if it continues for another week. Yonhap English News has reported that Industry Minister Lee Chang-Yang spoke to industry representatives on a visit to Asia Cement's Jecheon cement plant in Chunbuk. The cost of missed deliveries after four full days of the strike on 28 November 2022 was US$34.6m.

Published in Global Cement News
Tagged under
  • South Korea
  • Trucks
  • Drivers
  • Strike
  • deliveries
  • despatches
  • Shutdown
  • Closure
  • Suspension
  • costs
  • Government
  • lobbying

Bestway Cement is a Carbon Neutralisation Pioneer

28 November 2022

Pakistan/UAE: China-based renewables supplier LONGi Green Energy Technology has awarded Bestway Cement its Carbon Neutralisation Pioneer award at a ceremony in Dubai, UAE. The award acknowledges progress in industrial sustainability during the past year. Bestway Cement is the first Pakistani recipient of the prize.

Bestway Cement operates 62MW-worth of solar power capacity at installations at its Chakwal, Farooqia, Hattar and Kallar Kahar cement plants. Managing director Irfan Sheikh said that this setup enables it to minimise CO2 emissions and the company's reliance on the national grid. Bestway Cement was also the first Pakistani cement producer to install waste heat recovery (WHR) plants across all of its integrated cement plants.

Published in Global Cement News
Tagged under
  • Pakistan
  • UAE
  • renewable energy
  • LONGi Green Energy Technology
  • Bestway Cement
  • Sustainability
  • Award
  • Solar power
  • CO2
  • grid
  • Waste Heat Recovery
  • GCW585

Breedon Group issues 10-month trading update

25 November 2022

UK: Breedon Group says that it recorded 10-month sales of Euro1.38bn so far in 2022, up by 14% year-on-year from the same period in 2021. The producer completed scheduled maintenance on Kiln 2 of its Hope cement plant in the UK on time and on budget. Throughout the period, it noted 'supportive' trading conditions, with 'resilience' from the majority of its markets in its Great Britain and Ireland regions. In the year's second half to date, Breedon Group's four-month sales grew by 16% year-on-year. The group said that it is on track for record full-year earnings in 2022.

CEO Rob Wood said “Visibility in the trading landscape has been poor for some years now, for a variety of reasons. Against this constantly changing backdrop, our team’s commitment and resolve have delivered quality products and great service to our customers, regardless of the economic or political landscape. For this, we thank them. Their focus and determination in turn continues to deliver for all our stakeholders.” Wood continued “This time last year, we reminded our investors of the agile and entrepreneurial DNA that sets Breedon apart. Our rapid response to changing market conditions, local focus, vertically-integrated business model and disciplined financial framework will again enable us to deliver record results in 2022."

Published in Global Cement News
Tagged under
  • Breedon Group
  • Breedon Cement
  • Results
  • Maintenance
  • demand
  • market
  • growth
  • Outlook

Malayan Cement increases sales in third quarter of 2022

25 November 2022

Malaysia: Malayan Cement recorded sales of US$192m during the third quarter of 2022, more than triple its third-quarter 2021 sales of US$63.6m. The company recorded a US$213,000 profit, compared to a US$5.29m loss in the corresponding quarter of 2021.

Published in Global Cement News
Tagged under
  • Malaysia
  • Malayan Cement
  • Results
  • GCW585

C-Capture's solvent-based carbon capture system wins IChemE Global Awards Energy award

25 November 2022

UK: C-Capture won an IChemE Global Award in the Energy category for its solvent-based carbon capture system. C-Capture's model differs fundamentally from currently commercially available systems, offering a lower energy penalty than technologies including amine-based capture. It is robust in handling impurities in flue gases, including O2, SOx and NOx, while offering competitive cost and safety performance.

CEO Tom White said “Being shortlisted was honour enough, but to win the global Energy award is fantastic recognition for the C-Capture team and our unique carbon capture technology. The IChemE Global Awards represent the pinnacle of excellence in chemical process engineering. This achievement is testament to our exceptional team and their commitment to accelerating the global adoption of carbon capture and storage to achieve net zero by preventing greenhouse gases from entering the atmosphere.”

Published in Global Cement News
Tagged under
  • UK
  • carbon capture
  • CCS
  • Award
  • SOx
  • NOx
  • costs
  • CO2
  • Sustainability
  • net zero
  • Energy
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  • Safety
  • GCW585
  • CCUS
  • decarbonisation
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