Global Cement News

Japan: Sumitomo Osaka Cement has formulated a set of medium-term goals and long-term policies in order to enable it to achieve carbon neutrality, in line with the Japanese government’s target, by 2050. These consist of a 30% reduction in energy-derived carbon dioxide (CO₂) emissions intensity between 2005 and 2030 and efforts toward carbon neutrality in energy and process-derived emissions by 2050. These efforts include: “reduction to the limit of fossil energy, development and introduction of process-derived CO₂ emission reduction technology, carbon-free electric power, technology development and supply expansion related to low-carbon cement and concrete products, development and supply of innovative bonding materials and development and introduction of innovative technology related to carbon capture, utilization and storage (CCUS).”

UK: The Mineral Products Association (MPA) has launched an updated version of its biodiversity strategy, first published in 2013. The new strategy “commits the MPA and its members to continuing to take a positive approach to nature conservation and recovery, leaving behind more and better quality habitats than before mineral extraction and a net gain in biodiversity wherever possible, through site selection, management, restoration and aftercare,” according to the association. It sets out the commitment under eight actions, which include “monitoring to identify what works best and inform future work, sharing and celebrating good practice and successes throughout the industry, influencing policy and using our assets to engage and educate.”

Chief executive officer (CEO) Nigel Jackson said, “The minerals industry is uniquely placed to contribute to conservation and enhancement of biodiversity and has an unrivalled legacy compared to other industrial sectors. I am immensely proud of what our members have achieved and excited about what they can and will do in the future. It is high time that our significant contributions are properly recognised by policy and decision makers, to help provide our members with the support to continue doing what they do best. I believe we may be the only business sector that has been actively contributing to nature recovery at scale for so long that our strategy is unique. I will not rest until government, particularly the Department for Environment, Food and Rural Affairs (DEFRA), acknowledges that environmental expertise and action is not the sole preserve of non-governmental organisations (NGOs) and activists. Our members have built a significant legacy and have vast practical experience of working in and with the environment to enhance and protect nature. We don’t just talk a good game, we deliver it on the ground.”

Colombia: Austria-based Mondi Group plans to open its first South American paper bags plant in Cartagena in January 2021. The unit will start with one production line with a capacity of approximately 50m bags/yr. The bags will be targeted at the cement, chemical and food industries. The group said that the plant is located in a free-trade zone with good access to ports in Panama, the east coast of the US, the Gulf of Mexico and other Caribbean ports.

"Our global network already includes 39 plants across 22 countries. We are excited to be expanding our footprint to Colombia, helping us to provide innovative, sustainable and customer-focused paper packaging solutions to customers in South America who share our commitment to quality," said Claudio Fedalto, Chief Operating Officer Paper Bags, Mondi.

UK: The Competition and Markets Authority (CMA) has accepted Breedon Group’s proposed divestments as part of its acquisition of certain assets from Cemex subsidiary Cemex Investments. The agreement will see the divestment of 14 sites - including a cement terminal, two quarries and 10 ready-mix plants - to Tillicoultry Quarries.

The building materials producer said that it “notes the announcement today by the CMA that it has accepted Breedon's undertakings in lieu of a reference to a Phase 2 investigation in respect of its acquisition of certain assets from Cemex Investments Limited.”

Egypt: Metallurgical Industries Holding has sold its 18% stake in Egyptian Tourah Portland Cement for just under US$3m. Mubasher has reported that Arab African International Securities (AAIS) acted as broker for the transaction.

In October 2019, the Financial Regulatory Authority (FRA) approved HeidelbergCement subsidiary Suez Cement’s mandatory tender offer (MTO) for 100% acquisition of Egyptian Tourah Portland Cement for around US$33m.