Global Cement News

Egypt: Misr Cement Qena commenced automated cement production at its Qena cement plant in early July 2022. The automation systems also cover plant maintenance processes. Misr Cement Qena awarded a technical management contract for the plant to Arab Swiss Engineering Company in June 2021.

Misr Cement Qena said "This step came in line with the company’s growth strategy to reduce operating costs and maximise asset utilisation in order to meet current challenges."

India: ACC recorded sales of US$559m in the first quarter of the 2023 financial year. The figure corresponds to a 15% year-on-year rise from US$486m in the first quarter of the 2022 financial year. The company's cement sales during the quarter rose by 13% to US$520m from US$460m. Its net profit was US$28.5m, down by 60% year-on-year.

Press Trust of India News has reported that ACC attributed the profit drop to 'rising global fuel costs and related inflationary impacts.' It said that waste heat recovery (WHR) installations at its Jamul, Kymore and Ametha cement plants will increase its renewable energy share to 15%, 'further accelerating the cost reduction journey.'

China: Tangshan Jidong Cement expects to record a 3.9 - 12% drop in its net profit in the first half of 2022. This would result in a figure of US$157 - 171m, compared to US$178m a year earlier.

India: The Indian Ministry of Mines and Indian Bureau of Mines have awarded UltraTech Cement Five Star ratings for 10 limestone mines across India. Assessment took place within the Indian mining Sustainable Development Framework, which quantifies sustainability, efficiency, land use and resettlement, besides other social impacts.

India: JSW Cement has dedicated a new temple at its Ankur commune in Salboni, West Bengal, to the goddess Maa Kali. The Orissa Diary newspaper has reported that architecture firm Dulal Mukherjee and Associates designed the temple in the 17th century Bishnupur style. The place of worship is made of locally sourced terracotta.

JSW Cement spokesperson Anushree Jindal said "JSW Cement believes in collaborating with local communities to empower them for a better future. I feel blessed and privileged to have facilitated the creation of a pious, safe haven of worship for the local community in Salboni."