Global Cement News

India: The city corporation of Mysore, Karnataka and non-governmental organisation (NGO) Susthira have announced plans to set up a waste building materials recycling plant. The Projects Today newspaper has reported that the corporation has purchased a 20,000m2 site in the suburb of Kuppalur on which for Susthira to build and operate the plant, which will process waste cement slabs and concrete bricks from construction and demolition sites.

Spain: The Andalusian Labour Foundation for Cement and the Environment (FLACEMA) has announced the shortlist for the Award for the Best Communication on Sustainable Development in the Andalusian Cement Industry 2019 - 2020. The jury will select a winner from 19 articles by 13 writers, published between 1 January 2019 and 31 May 2020, taking into account “aspects such as the journalistic quality of the piece, its rigour and provision of data, the sources consulted and the investigativeness of the work” in highlighting the regional cement industry’s commitment to “principles such as sustainable development and the circular economy.”

FLACEMA said, “Due to Covid-19, 2019 – 2020 presents a novel situation. As such, the jury has especially taken into account those works on sustainable development in the industry that address initiatives designed to combat the outbreak.”

The jury announces the winner of the Euro2000 prize and runner-up for the Euro1000 prize on 1 November 2020.

Netherlands: Turkey-based Sabanci Holding and subsidiary Çimsa have announced the launch of Cimsa Sabanci Cement, a 60:40 subsidiary of both companies, based in the Netherlands. Reuters News has reported that Sabanci Holding plans to use the new company “to reach its goal of becoming a leading player in the global white cement trade.”

Cimsa Sabanci Cement will buy 70% of shares in Cimsa Adriatico Cement, Cimsa Americas Cement, Cimsa Cementos España and Cimsa Cement Sales North. Other assets will be sold off, including its 1.5Mt/yr Alicante integrated grey cement plant to Cementos Molins, according to Alimarket-Construcción News.

South Africa: PPC has announced the postponement of its full year results for the financial year that ended 31 March 2020 “as a result of required restatements and the finalisation of the year-end audit.” The company has twice delayed the results already, most recently to 18 August 2020 due to a “restructuring and refinancing project.”

In a notice to the Johannesburg Stock Exchange, PPC said, “The company wishes to advise shareholders that during the audit process for the year ended 31 March 2020, and subsequent to 18 August 2020, additional prior year errors were identified and corrected.”

Turkey: Exports of cement to Iran have fallen by 34% year-on-year in value in the first eight months of 2020 to US$9.30m from US$14.1m. All Turkish cement exports over the period totalled US$2.30bn, down by 2.3% from US$2.35bn. Cement accounted for 2.6% of the country’s total exports (US$88.4bn).