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Portland Cement Association updates economic forecast

01 February 2021

US: The Portland Cement Association (PCA) has updated its winter 2020 – 2021 economic forecast. Senior vice president and chief economist Ed Sullivan said that in light of possible delays of three months or more to the national Covid-19 vaccine rollout, predicted robust economic recovery will be ‘slower than expected’ compared to expectations stated in the original forecast in December 2020. The PCA’s Market Intelligence Group expects cement consumption to grow by nearly 1% year-on-year in 2021, fueled largely by residential construction.

Published in Global Cement News
Tagged under
  • US
  • PCA
  • Forecast
  • coronavirus
  • residential
  • GCW491

Taiheiyo Cement concludes acquisition of 15% stake in Solusi Bangun Indonesia

01 February 2021

Japan/Indonesia: Taiheiyo Cement says that its board has approved and concluded its deal with Semen Indonesia to buy a 15% stake in its subsidiary Solusi Bangun Indonesia (SBI) for around US$220m. As part of the agreement, SBI’s Tuban plant will increase its export capacity by building a new jetty and silos. It will then export 0.5Mt/yr of cement to Taiheiyo Cement’s subsidiary in the US. The Japanese cement producer said that is focusing on markets in South-East Asia as part of its sustainable business development strategy in response to projected long term declining cement demand in Japan.

Published in Global Cement News
Tagged under
  • Japan
  • Indonesia
  • US
  • Taiheiyo Cement
  • Semen Indonesia
  • Solusi Bangun
  • Plant
  • Upgrade
  • Silo
  • Export
  • GCW491

Titan Cement continues grinding partnership with Magotteaux in 2021

01 February 2021

Greece: Titan Cement has signed a frame agreement with Belgium-based Magotteaux whereby the latter will continue to be the main partner for grinding media for Titan cement plants worldwide until the end of 2021. Magotteaux says that the deal follows the ‘very successful’ implementation of the first phase of a strategic partnership.

The supplier said, “Magotteaux is also proud to supply many more technical solutions to Titan, including ball mill internal cast parts such as liners and diaphragms.” It added, “The aim of this agreement is to improve Titan’s overall cost of production, by increasing the productivity, reducing maintenance cost and downtime, by using the latest technologies for the abrasive and impact applications.”

Published in Global Cement News
Tagged under
  • Greece
  • Titan Cement
  • Titan Cement
  • Plant
  • Grinding
  • Partnership
  • Belgium
  • GCW491

LafargeHolcim partners with Massachusetts Institute of Technology as founder member of MIT Climate and Sustainability Consortium.

29 January 2021

US: Switzerland-based LafargeHolcim has become a founder member of the MIT Climate and Sustainability Consortium with the Massachusetts Institute of Technology (MIT). The group says that the consortium aims to accelerate climate action through innovation. It says that it will represent the building materials industry in working with MIT’s research team to develop ‘scalable solutions’ to tackle climate change. It joins 12 other companies, including Apple, Boeing and IBM.

Chief executive officer Jan Jenisch said, “I am committed to building a net zero future, driving innovative and sustainable building solutions that work for people and the planet. With the urgency of today’s climate crisis, no single organisation can tackle it alone. That’s why I am proud to be joining MIT’s alliance of like-minded industry leaders and academic partners to scale up our climate action together.”

Published in Global Cement News
Tagged under
  • US
  • Switzerland
  • LafargeHolcim
  • Sustainability
  • MIT Climate and Sustainability Consortium
  • Massachusetts Institute of Technology
  • GCW491

Beumer Group technical report updates on Covid-19-led changes

29 January 2021

Germany: Beumer Group has published a technical report detailing changes to its operations due to the on-going Covid-19 outbreak. The group says that cement producers in some markets have changed to 50kg to 25kg bags. It also reported an increased rate of digitisation, less personal interaction with customers and an increased reliance on alternative fuels.

Cement head of sales Kay Wieczorek said, "Over past months, Covid-19 has forced us to cope with some changes. This will probably bother us even more in the colder months." He added, "Even if the Covid-19 figures are currently in progress, I am sure that BEUMER Group will come through this crisis pretty well; we just have to be well-prepared for it."

Published in Global Cement News
Tagged under
  • Germany
  • Beumer
  • coronavirus
  • Bags
  • digitisation
  • Alternative Fuels
  • GCW491
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