Global Cement News

US: A fire broke out in a building at Buzzi subsidiary Buzzi Unicem USA's Stockertown cement plant on the evening of 13 July 2023. Local fire crews arrived at the plant in Northampton County, Pennsylvania, at 19:18. The Express-Times newspaper has reported that the fire affected an electrical room, and that parties present at the scene requested that power to at least a portion of the facility be cut.

India: UltraTech Cement has announced the inauguration of its expanded Sonar Bangla II cement plant. Reuters has reported that the expansion has more than doubled the plant's capacity to 1.3Mt/yr. It increases UltraTech Cement's total installed capacity by 0.5% to 131Mt/yr.

China: China National Building Material expects its net profit to drop by 80% year-on-year during the first half of 2023. AAStocks Financial News has reported that the group partly attributed the anticipated drop to a fall in its cement prices, as well as its commercial concrete prices.

France: Cem'In'Eu has launched FUSIOCIM, a CEM II/C pozzolan cement, that offers a 43% reduction in CO₂ emissions compared with ordinary Portland cement (OPC). FUSIOCIM has specific CO₂ emissions of 506kg/t. It is suitable for various concrete applications and comes in 25kg bags.

Cem’In’Eu general manager Fabien Charbonnel said "We created Cem’In’Eu with the ambition of reducing the carbon footprint of the cement industry. And we are proving it today with a low-carbon offer that easily replaces traditional cements, without any change for construction professionals. We are convinced that this transition can only be done with pragmatism and taking into account the needs of users.”

Pakistan: Lucky Cement has successfully completed the buyback of US$742,000-worth of its shares. Pakistan Company News has reported that the producer finished buying the shares during the 12 July 2023 trading session of the Pakistan Stock Exchange.