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Prices drive Cementir’s sales revenue rise in first quarter of 2022

06 May 2022

Italy: Cementir’s revenue rose by 21% year-on-year to Euro362m in the first quarter of 2022 from Euro301m in the same period in 2021. It attributed this to higher prices linked to the increase in the costs of fuels, electricity, raw materials, transport and services. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) grew by 26% to Euro60.7m from Euro48.1m. Grey, white and clinker sales volumes increased by 1.8% to 2.4Mt and ready-mixed concrete sales volume remained stable at 1.13Mm3. Cement sales volumes grew in Belgium, Denmark and the US but fell in Turkey. Concrete sales volumes grew in Belgium and Norway but fell in Turkey, Sweden and Denmark.

Published in Global Cement News
Tagged under
  • Italy
  • Cementir Holding
  • Results
  • concrete
  • Türkiye
  • Belgium
  • Denmark
  • US
  • Norway
  • Sweden
  • GCW556

Mineral Products Association disappointed that UK cement and lime producers are excluded from carbon pricing compensation

06 May 2022

UK: The Mineral Products Association (MPA) says it is disappointed that UK-based cement and lime producers have been excluded from the government’s compensation scheme for climate change costs. The association says that the government has, “missed an opportunity to support two essential industries during the current energy crisis, despite other industry sectors - which directly compete with cement and lime - receiving the compensation.”

Under the Department for Business, Energy & Industrial Strategy (BEIS) scheme, some energy intensive industries can apply for compensation from the indirect costs of the UK Emissions Trading Scheme (UK ETS) and Carbon Price Support (CPS) if they meet certain criteria. In the government’s 2021 consultation on the compensation mechanism, energy intensive industries needed to meet at least one of three tests to qualify. However, the MPA says that BEIS later changed this so that they had to pass all three tests and modified the targets.

Diana Casey, Director for Energy and Climate Change at the MPA, said “It is extremely disappointing that having met the criteria set out in the consultation, BEIS has decided to move the goalposts and exclude cement and lime from the scheme. UK manufacturers of all products face higher electricity and gas costs than European competitors, and this decision misses an opportunity to support the competitiveness of the UK cement and lime sectors, both essential foundation industries, especially during the current energy crisis and rapidly rising costs. Reaching net zero and delivering our economic potential requires huge investment from global businesses and it becomes harder to make the case for the UK as a location for such investment if policy costs make operating in the UK uncompetitive.”

Published in Global Cement News
Tagged under
  • UK
  • Mineral Products Association
  • MPA
  • lobbying
  • Emissions Trading Scheme
  • Carbon Price Support
  • European Union
  • lime
  • Government
  • Electricity
  • Gas
  • GCW556

Cemex USA applies for mining permit supporting Lyons cement plant to 2037

06 May 2022

US: Cemex USA has applied for a permit to continue mining at Dowe Flats to support operations at its integrated Lyons cement plant in Colorado. It has asked the Boulder County Community Planning and Permitting department to allow it continue mining for 15 years until 2037, according to the Daily Camera newspaper. It then says it will close the cement plant. Its existing mining permit will end later in 2022.

Published in Global Cement News
Tagged under
  • US
  • Cemex USA
  • Cemex
  • permit
  • Mining
  • Quarry
  • Plant
  • Colorado
  • GCW556

Portland Cement Association wins Energy Star award for the third year in a row

06 May 2022

US: The Portland Cement Association (PCA) has received the 2022 Energy Star Partner of the Year award from the Environmental Protection Agency and the Department of Energy. This is the third year in a row that PCA has earned this award.

"We are proud to have won this award for the third consecutive year. This latest award confirms our commitment to reducing cement sector CO2 emissions through longstanding, long-term efforts to improve energy efficiency," said Michael Ireland, president and chief executive officer of the PCA. "This award shows once again that the cement and concrete industries are leading the way toward a more sustainable future, even as demand for our products grows."

The 2022 Energy Star Partner of the Year Award follows the launch of PCA's Roadmap to Carbon Neutrality in October 2021. In addition to PCA's recognition, two member companies also earned awards. CalPortland and Cemex won Partner of the Year awards in the energy management category. This is the fifth year in a row that Cemex has won this award, and the 18th successive year for CalPortland.

Published in Global Cement News
Tagged under
  • US
  • Portland Cement Association
  • Award
  • Energy Star
  • Environmental Protection Agency
  • Department of Energy
  • Cemex
  • CalPortland
  • CO2
  • GCW556

Tajik cement production slows in first quarter

06 May 2022

Tajikistan: Data from the Agency for Statistics under the President of Tajikistan shows that cement production fell by 5.9% year-on-year to 0.97Mt in the first quarter of 2022 from 1.03Mt in the same period in 2021. The country produced over 4.2Mt of cement in 2021, according to Asia-Plus. However, in April 2022 the government set an export target of 2Mt/yr by 2024.

Published in Global Cement News
Tagged under
  • Tajikistan
  • data
  • Production
  • Export
  • GCW556
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