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Lucky Cement to build 34MW solar power plant at Pezu power plant

01 April 2022

Pakistan: Lucky Cement plans to install a 34MW solar power plant at its Pezu power plant in Khyber Pakhtunkhwa. The Balochistan Times newspaper has reported that the 48GWh/yr installation will be equipped with a 5.59MWh Reflex energy storage system. Both the power plant and energy system will be the country’s largest when commissioned. Fossil fuel generation will remain online, but be shut down in the daytime, saving 26,600t/yr of CO2 emissions.

Published in Global Cement News
Tagged under
  • Pakistan
  • Lucky Cement
  • Power Plant
  • Solar power
  • Electricity
  • Sustainability
  • renewable energy
  • Coal
  • CO2
  • Emissions
  • GCW551

Russian government attempts to secure Uzbek building material imports

01 April 2022

Russia: The government is ‘working to establish import flows’ of building materials from Uzbekistan. Russian media sources have reported that the construction industry is also hoping to expand import partnerships with China, India, Iran and Turkey. Russian cement production reportedly continues to adequately serve the national demand for cement.

Published in Global Cement News
Tagged under
  • Russia
  • Uzbekistan
  • Import
  • building products
  • demand
  • Supply
  • Consumption
  • Government
  • China
  • India
  • Türkiye
  • Iran
  • War
  • Invasion
  • Sanctions
  • GCW551

Jaiprakash Associates defaults on US$381m loan repayments

01 April 2022

India: Jaiprakash Associates has defaulted on its scheduled repayments of loans worth US$381m. Dion News Service has reported that the debt consists of US$203m-worth of overdue payments and a further US$178m in principal. The group’s total indebtedness is reportedly US$3.63bn. Its lenders include
HDFC Bank, Bank of India, Union Bank of India and over 30 other institutions.

Published in Global Cement News
Tagged under
  • India
  • Jaiprakash Associates
  • Debts
  • bank
  • HDFC Bank
  • Bank of India
  • Union Bank of India
  • Loan
  • GCW551

Continental Cement’s Davenport cement completes PLC transition

01 April 2022

US: Summit Materials subsidiary Continental Cement’s 1.1Mt/yr Davenport, Iowa, cement plant has become the latest US cement plant to transition to 100% Portland limestone cement (PLC) production.

Summit Materials executive vice president Tom Beck said "Our transition to PLC at Davenport aligns with the Portland Cement Association (PCA)'s Roadmap to Carbon Neutrality.” He continued “It is critical that the industry comes together and acts now to create sustainable building solutions for decades to come. The US cement and concrete industries can collectively address climate change, decrease greenhouse gas emissions and eliminate barriers that are restricting environmental progress through the continued adoption of product and manufacturing innovations."

Published in Global Cement News
Tagged under
  • US
  • Summit Materials
  • Continental Cement
  • Portland Limestone Cement
  • CO2
  • Sustainability
  • GCW551

LafargeHolcim US becomes Holcim US

01 April 2022

US: Holcim has announced the rebranding of its US-based LafargeHolcim US subsidiary to Holcim US. The name change is the first in any region since parent company LafargeHolcim became Holcim in July 2021. The producer says that this regional rebrand marks a ‘significant milestone’ towards establishing a shared purpose and vision across its global operations.

Holcim will continue to work towards becoming the global leader in innovative and sustainable building solutions through building progress for people and the planet.

Published in Global Cement News
Tagged under
  • US
  • Holcim
  • Holcim US
  • rebrand
  • Strategy
  • GCW551
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