Global Cement News

Germany: Certification body TÜV Rheinland Group has awarded INFORM with ISO 27001 accreditation. The certificate signifies that the company operates with secure data handling, transparent internal processes and systematic risk management. INFORM thanked its employees, whose support made the achievement possible.

Canada: Holcim has announced its acquisition of Mathers Group’s quarry and asphalt assets in Quebec. The group says that the acquisition will accelerate its development of local circular construction practices by expanding its recycled concrete offering.

Vietnam: Vietnam National Cement Association (VNCA) members increased their cement production to 59.8Mt in the first half of 2022, up by 6.9% year-on-year from 55.9Mt in the first half of 2021. Vietnam News Brief Service has reported that producers’ June 2022 volumes were 11Mt, up by 13% year-on-year from 9.76Mt in June 2021. Full-year production was 101Mt in 2021.

India: UltraTech Cement has imported a 157,000t shipment of coal from Russia for US$25.8m, which it paid in Chinese Yuan. ET NOW News has reported that this is the first instance of an Indian entity using the currency in international trade. The deal has a value of US$164/t, 50% below average South African coal prices and 20% below average Australian cement prices in India. The deal reportedly signals the possible end of Indian coal prince inflation in the medium – long term.

China: Xinjiang Tianshan Cement has announced plans to invest US$300m into its new materials subsidiary Chizhou CNBM New Materials. The company says that it has increased its planned investments in its Hengshan limestone mine project by 15% to US$1.58bn from US$1.37bn.