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MPA updates biodiversity strategy 02 December 2020
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.”
Mondi to open paper bags plant in Colombia in January 2021 02 December 2020
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.
Competition and Markets Authority (CMA) approves Breedon Group’s divestments as part of Cemex deal 01 December 2020
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.
Vietnam’s eleven-month domestic cement production rises 01 December 2020
Vietnam: The General Statistics Office (GSO) has estimated total domestic cement production in the first eleven months of 2020 of 90.0Mt, up by 3.4% year-on-year from 87.0Mt in the corresponding period of 2019. The Viet Nam News newspaper has reported that November 2020 production reached 9.1Mt, up by 4.6% year-on-year from 8.7Mt in November 2019.
In 2019 Vietnam’s full-year cement production rose by 7.9% to 96.5Mt.