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World Cement Association warns of sector overcapacity and emission targets

25 October 2023

UAE: The director of the World Cement Association (WCA), Ali Emir Adiguzel, told listeners at the association’s 6th Annual Conference in Dubai that the world has ‘enough cement for the next 25 years.’ Adiguzel addressed the issue of overcapacity by noting a ‘substantial’ drop in demand and pointing out that high input costs had led the sector to raise its prices, by as much as 15% in Europe. He also said that the primary challenge facing the cement industry was “meeting stringent emission targets and embracing carbon capture technologies.”

Adiguzel added "Despite our achievements, there is more work to be done in the years to come. To reach our net zero goal by 2050, we must significantly reduce carbon emissions. The technologies and mechanisms for this endeavour appear available, though currently minuscule and not economically fully feasible. Regulatory frameworks must evolve to minimise costs for end customers. Collaboration between the private and public sectors is imperative to facilitate carbon reduction."

Published in Global Cement News
Tagged under
  • UAE
  • World Cement Association
  • Conference
  • Overcapacity
  • Sustainability
  • GCW631
  • net zero

Wan Heng Ghana apologises for alleged tax fraud

25 October 2023

Ghana: Wan Heng Ghana has issued a statement clarifying its position after the Ghana Revenue Authority (GRA) found that it had failed to pay US$60.6m in taxes. The company markets cement from its Tema grinding plant as Sol Cement.

The producer said “We acknowledge that we are indebted to the GRA for unpaid taxes. We are fully committed to resolving this matter in a responsible and timely manner. We want to reassure our valued customers, stakeholders and the public that we are taking immediate and proactive steps to address this issue. We are in discussions with relevant tax authorities to develop a structured repayment plan that aligns with our financial capabilities and ensures that our tax obligations are met.”

It continued “Sol Cement remains dedicated to its mission of contributing to the growth and development of Ghana. We understand that paying our taxes is an essential part of fulfilling this commitment. We apologise for any concerns or inconveniences this situation may have caused, and we promise to keep all our stakeholders informed throughout this process. We appreciate the trust and support that our customers and partners have placed in us over the years, and we are determined to rectify this situation while continuing to provide top-quality cement products and services. We thank you for your understanding and patience during this challenging period. Sol Cement remains committed to being a responsible corporate citizen and a reliable contributor to the Ghanaian economy.

Published in Global Cement News
Tagged under
  • Ghana
  • Wan Heng Ghana
  • apology
  • Tax
  • Government
  • Sol Cement
  • GCW631
  • Ghana Revenue Authority

FLSmidth awarded new cement service contract in Latin America

25 October 2023

Latin America: Denmark-based FLSmidth says it has been awarded a new service contract with an unnamed cement producer in Latin America. The new contract builds on an existing relationship between the two companies and will last a period of 18 months. It will cover the complete production process, from quarry to packing plant. FLSmidth says that will support the customer in improving overall equipment efficiency and thus plant productivity. The scope of supply also includes training and mentoring of plant personnel to ensure successful execution of a jointly developed strategy long after the initial period of the contract ends. No value for the deal has been disclosed.

Jose Gil, Head of Service Execution - USA and Canada, FLSmidth, said “This contract is the result of conversations inspired by a reliability audit in the third quarter of 2022. From that, an action plan was developed in which FLSmidth has responsibility for the execution of activities in operations and the customer takes care of other support areas.” He added “The result is a tailored solution, encompassing a range of factors, including maintenance, reliability and operations, that will ultimately deliver much more efficient and productive cement plants.”

Published in Global Cement News
Tagged under
  • Latin America
  • FLSmidth
  • Denmark
  • Contract
  • GCW631
  • Service

Domicem lights up new kiln at Palenque cement plant

25 October 2023

Dominican Republic: Domicem held a ceremony marking the lighting up of the kiln on the new second production line at its Sabana Grande de Palenque cement plant in San Cristóbal province in mid-October 2023. Company engineers, staff from China-based CBMI Construction and representatives from parent company Colacem were present for the event. The cement company signed a contract with China-based Sinoma Construction for a 3500t/day clinker production line in 2021. The project had a reported investment of US$120m. The official inauguration of the new line is scheduled to take place on 22 November 2023 and the President of the Dominican Republic is expected to attend.

Published in Global Cement News
Tagged under
  • Dominican Republic
  • Plant
  • Upgrade
  • Domicem
  • Colacem
  • GCW631
  • CBMI Construction
  • Sinoma
  • China
  • ceremony

Governor inspects Al-Barah Cement plant in Yemen

25 October 2023

Yemen: Ahmed Al-Masawa, the governor of Taiz, has taken an inspection tour of the Al-Barah Cement plant in Maqbana District. The site was damaged in a bombing raid in 2021 led by the Saudi Arabia-backed coalition in the Yemen Civil War, according to the pro-Houthi Yemen News Agency. At the time damage worth US$26m was reported at the unit. During his visit Al-Masawa discussed how the plant could be repaired and restored to a working condition once again. He also praised the efforts of the workers to preserve what remained of the plant despite all the difficulties they had faced.

Published in Global Cement News
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  • Yemen
  • Plant
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