France: Hoffmann Green Cement Technologies plans to expand its low-CO2 cement’s presence in and beyond France through the establishment of 15 – 20 new licenced plants before 2030. The Les Echos newspaper has reported that the company plans to raise Euro25m, of which it will invest Euro15.7m in international licencing contracts for its technology. In 2026, it expects the contracts to derive 10Mt of its revenues, 7.7% of its target for the year.
Vietnam increases cement and clinker exports in first 11 months of 2021
Vietnam: Vietnam exported 43Mt of cement and clinker in the first 11 months of 2021, up by 24% year-on-year from 11-month export volumes in 2020. Viet Nam News has reported that the value of Vietnam’s cement and clinker exports rose by 28% to US$1.67bn. The country’s full-year cement and clinker exports in 2020 were 38.4Mt, with a total value of US$1.44bn.
Cementos Cosmos’ Córdoba cement plant to scale down clinker production
Spain: Cementos Cosmos plans to scale down the production of clinker at its Córdoba cement plant as a result as the high cost of electricity. The Cordoba Day newspaper has reported that parent company Votorantim Cimentos said that clinker grinding operations at the site will continue to ensure a sufficient cement supply in the region.
The Córdoba cement plant employs 48 people. The company is currently negotiating the situation and the scope of its impacts with the workforce.
Hongshi Group to inject US$125m into Dang Cement
Nepal: China-based Hongshi Group has received clearance from the Nepal Rastra Bank to invest US$125m into Dang Cement. Hongshi Group owns an 85% stake in the cement producer, according to the Republica newspaper. The remaining 15% stake is owned by Shivam Cement. The investment will be used to build a 6000t/day production line at Dang Cement’s plant in Dang region. The project was previously approved by the Investment Board Nepal in late 2020 for commissioning in late 2023.
