Brazil: Members of the Brazilian National Cement Industry Association (SNIC) have committed to a 34% reduction in the CO2 emissions of their cement production to 375kg/t by 2050 from 564kg/t in 2019. Ten cement producers including Cimento Tupi, CSN Cimentos, InterCement and Votorantim signed the commitment. With the industry's forecast rate of growth in cement production capacity, this will result in possible total CO2 emissions of 45Bnt in 2050 compared to 36.7Bnt in 2020.

Planned CO2 emissions reduction investments before 2032 are US$637m across the industry.

Malaysia: The Ministry of Domestic Trade and Consumers Affairs has blamed a shortage of cement in the state of Sarawak, Borneo on high demand and a lack of shipping. State director Datuk Stanley Tan noted that many major construction projects had restarted work in 2021 following disruption caused by the nationwide movement control orders (MCO) caused by the coronavirus pandemic in 2020, according to the Malay Mail newspaper. He added that imports of raw materials for cement production had also been affected due to the limited number of ships that could cross the South China Sea.

The local government plans to work with local producer Cahya Mata Sarawak Berhad (CMS) on solving the problem. Together they hope to end the shortage of cement by December 2021.

Brazil: Votorantim Cimentos’ revenue grew by 37% year-on-year to US$2.95bn in the first nine months of 2021 from US$2.15bn in the same period in 2020. Its adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 67% to US$758m from US$455m. Cement sales volumes rose by 18% to 27.8Mt from 23.5Mt. The cement producer benefitted from strong growth in the first half of 2021, particularly in Brazil, although this has slowed somewhat. Notable acquisitions by the company so far in 2021 include an agreement to buy both Cementos Balboa and FYM’s Southern business in Spain and the completion of a deal to take control of McInnis Cement in Canada.

Overall the group’s net revenue rose by 32% to US$8.81bn from US$6.67bn. Its adjusted EBITDA grew by 70% to US$2.14bn from US$1.26bn. Cement-based revenue represented 44% of the total. The group attributed its result in the third quarter of 2021 to higher commodity prices and sales volumes.

Japan: Taiheiyo Cement plans to secure a captive power supply for its Saitama cement plant through the installation of a new gas-powered generator. The company says that electricity from the generator will replace purchased energy in the plant's operations. It is also in the process of constructing a new waste heat recovery (WHR) power unit at the facility. Taiheiyo Cement claims that both upgrades will result in a 62,000t/yr reduction in operations' CO2 footprint. Construction is due to commence before 2022 in order for the producer to commission the new equipment in mid-to-late 2023.

Saitama cement plant's former coal and woodchip-powered generator exploded in April 2021. The producer said that work is on-going to prevent the incident's recurrence by investigating the causes of the accident and formulating preventative measures.

More Articles ...

Subcategories