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HeidelbergCement to continue share buyback programme

14 January 2022

Germany: HeidelbergCement plans to proceed with its on-going share buyback programme in early 2022 with a second tranche of purchases worth Euro300 – 350m. The group expects to conclude the tranche in mid-2022. It previously finished buying back 2.7% of its shares in December 2021. On 13 January 2021, HeidelbergCement announced that it had retired all shares purchased under this previous tranche.

Published in Global Cement News
Tagged under
  • HeidelbergCement
  • Germany
  • corporate
  • Shares
  • buyback
  • GCW540

Brazilian cement sales rise to 64.7Mt in 2021

14 January 2022

Brazil: The Brazilian National Cement Industry Association (SNIC) has recorded cement sales of 64.7Mt by Brazilian cement producers in 2021, up by 6.6% year-on-year from 2020 levels. Home construction work, property development and infrastructure building all contributed to the rise. Capacity utilisation rose to 69% from 65% across the country’s 94Mt/yr, 91-plant cement network.

Published in Global Cement News
Tagged under
  • Brazil
  • SNIC
  • Sales
  • Capacity utilisation
  • growth
  • demand
  • Consumption
  • GCW540

Asia Cement (Russia) renews Freight One haulage contract

14 January 2022

Russia: Asia Cement has extended its contract with Freight One for the transportation of its cement by rail from Chais, Penza region. The producer said that it will aim to dispatch 164,000t of cement under the contract in 2022.

Published in Global Cement News
Tagged under
  • Russia
  • Asia Cement (Russia)
  • Rail
  • Freight
  • logistics
  • Transport
  • Contract
  • GCW540

Cement Science Group and University of Málaga study reduced-CO2 cement production

14 January 2022

Spain: Cement Science Group (CemSciG) and the University of Málaga (UMA) have received a US$50,000 donation from US-based CSA Research for their research into reduced-CO2 cement production. The funding will continue the partners’ work at UMA’s department of inorganic chemistry, crystallography and minerology into alternative methods of cement production. Titles of their on-going projects include ‘Optimisation and Processing of LC3 Eco-Cements with Spanish Clays,’ ‘Microstructure Analyses of Limestone Calcined Clay Cements by Advanced Synchrotron Techniques’ and ‘Reduction of Cement Industry CO2 Emissions without Loss of Mechanical Properties.’

Published in Global Cement News
Tagged under
  • Spain
  • Research
  • funding
  • Grant
  • University of Malaga
  • Cement Science Group
  • CSA Research
  • GCW540

Cemex supplies concrete for Khalifa Port

14 January 2022

UAE: Cemex has supplied 400,000m3 of advanced semi-dry heavy-duty concrete to Abu Dhabi Ports Group’s Khalifa Port. Cemex said that the concrete’s composition maximises its lifespan, increasing sustainability.

Published in Global Cement News
Tagged under
  • UAE
  • Cemex
  • concrete
  • construction
  • Port
  • GCW540
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