Displaying items by tag: GCW255
Holcim Romania extends its range of bagged cements
14 June 2016Romania: Holcim Romania has extended its range of bagged cements to better address the needs of the local market. Its new bagged range comprises: Structo Plus 40 kg, Structo Plus 20kg, Structo 40kg, Extra Dur 52 40kg and Tenco 40kg. They have been chosen to meet customer demands for aesthetics, shorter setting time, lower costs, higher strength and durability.
“The new range of cement bags is the best proof of how Holcim Romania understands and contributes for the development of the construction sector, by implementing and offering innovation and sustainability in the market through tailored and cost-effective solutions,” said Sofiane Benmaghnia, CEO Holcim Romania.
Sika opens second admixtures plant in Thailand
14 June 2016Thailand: Sika has inaugurated a new mortars and concrete admixtures plant in Saraburi. The plant has a production capacity of 100,000t/yr of mortars and 65,000t/yr of concrete admixtures. The unit also includes warehouse and an office. It is the additives and admixtures company’s second such plant in the country.
"After our existing plant in Chonburi reached its limits, we consequently invested in additional production capacities. The new plant will enable us to maintain our strong growth in Thailand in terms of production volume, sales and market share. South East Asia is one of the regions where Sika generates some of its highest growth rates and we are well positioned to continue this positive development," said Heinz Gisel, Regional Manager Asia-Pacific.
Egypt: Chengdu Design & Research Institute of Building Materials Industry, a subsidiary of Sinoma, has been awarded a Euro1.05bn order to build six 6000t/day cement plants from the Equipment Bureau of the Ministry of Defence. The scope of the turkey contract includes construction of six new integrated cement production lines, operation and maintenance of two 5775t/day cement production lines of Phase II of GOE ARISH and the six Beni Suef cement production lines under the contract for three years. The order represents around 15% of Sinoma’s turnover in 2015.
Indonesia: Semen Indonesia is planning to spend up to US$100m in 2016 to buy foreign cement companies outside of Indonesia to grow its revenue, a company official has told Reuters. Agung Wiharto, the company's corporate secretary, attributed the move to local competition. He didn’t mention which countries the cement producer is considering. Semen Indonesia’s revenue fell slightly year-on-year to US$2.01bn in 2015.
KCP to expand production at Muktyala cement plant
10 June 2016India: KCP plans to expand the production capacity of its cement plant at Muktyala in Andhra Pradesh to 3.5Mt/yr from 1.8Mt/yr. The company said in a statement that the upgrade is expected to cost US$60m. KCP operates two integrated cement plants in Andhra Pradesh.
Europe: The European Court of Justice (ECJ) has ruled that a Greek law that requests employers to receive approval by the Labour ministry before making bulk redundancies is incompatible with European Union law. The judgement was made in relation to the layoff of a group of workers at the Halkida cement plant when Lafarge purchased the plant from AGET Heracles in 2013, according to the Athens News Agency. The Labour ministry blocked the request, citing conditions in the labour market, the financial situation of the company and the interest of the national economy. Lafarge then appealed to the Council of State, which then referred the case to the ECJ.
Philippines: The Cement Manufacturers Association of the Philippines has warned that so-called ‘technical’ smuggling is on the rise. CEMAP president Ernesto Ordoñez claimed that the declared freight costs for nine out of 12 imported cement shipments that it inspected were undervalued at only US$3 – 10/t. These compared to the average freight costs of US$19/t for shipments from Vietnam or China. He added that the difference in the freight costs meant that the government could be losing at least US$175,000 in value added tax (VAT), according to the Philippines Daily Inquirer.
Based on the sample, Ordoñez estimates about 75% of the 161,000t of imported cement that entered the country in the first quarter of the 2016 were technically smuggled. CEMAP have called for inspection of other shipments that entered the country in last quarter of 2015 and in the first quarter of 2016. They added that unchecked smuggling might lead to violations such as cement misclassification and substandard cement that in turn might endanger public safety.
CEMAP data shows that imports of cement grew from 4000t in 2014 to 314,000t in 2015. Cement imports of 161,000t were recorded for the quarter of 2016.
Brazil: Jose Otavio Carneiro de Carvalho, president of the National Union of the Cement Industry (SNIC), estimates that the Brazilian domestic market will decrease by 12% in 2016, according to the Folha newspaper. SNIC data shows that cement sales fell by 11% year-on-year to 61Mt/yr for the June 2015 to May 2016 period from 69Mt in the previous year. Sales so far in 2016 have fallen by 14% to 23Mt for the January to May 2016 period from 27Mt from the previous year. SNIC have suggested that demand will only resume from 2017 and that companies may be holding back investment to ensure it.
Report highlights risks to cement producers from future emissions costs and water use constraints
09 June 2016World: A new report released by the Carbon Disclosure Project (CDP) has highlighted the potential costs of future CO2 emissions and water supply constraints for 12 of the top global cement producers. CDP’s research shows that, even at a US$10/t CO2 price, US$4.5bn could be wiped off profits, with the least efficient companies most at risk.
By compiling questionnaire responses, the report ranks 12 cement producers for performance across five key areas – emissions, energy and material management, carbon cost exposure, water resilience and carbon regulation supportiveness. It found that LafargeHolcim, Shree Cement and CRH were the least CO2- and resource-intensive producers, with Italcementi, Cementir and Taiheiyo Cement the most highly intensive. Several major Chinese and other regional players failed to respond.
CDP found that many of the major cement companies have emissions targets that are set to expire in the next few years. It argues that, with the Paris Agreement driving towards net zero emissions by the middle of the century, cement companies have a ‘historic opportunity to set targets that can ‘future-proof’ their businesses.’
Tarek Soliman, Senior Analyst, Investor Research at CDP said, “This is the first piece of major research to break down how major players in the cement industry are meeting the challenge of reducing emissions in line with the science called for by the Paris Agreement. Cement will be a crucial building block as the Paris Agreement is put into effect, as it accounts for 5% of the world’s man-made emissions. The results couldn’t be clearer for companies and investors: a tipping point for cement companies is not far away.”
“As carbon-related regulatory measures inevitably tighten and the carbon price signal strengthens, investors will expect both strategic and rapid changes from cement companies, including better use of currently available options as well as investment in longer–term ones, whether this be in areas such as low-carbon product development or the deployment of carbon capture, use and storage.”
Canada: The Cement Association of Canada (CAC) has congratulated the Ontario government for releasing its Climate Action Plan. The five-year plan was released on 8 June 2016. A key feature of the plan includes supporting a cap-and-trade carbon pricing scheme.
CAC singled out that the plan would enable emissions-intensive trade-exposed (EITE) industries, like cement, to reduce their own reliance on coal. The plan has set aside US$30 - $45m to help EITE industries across Ontario move away from coal and develop the necessary supply chains so they can better utilise alternative low carbon fuels. Other aspects of the plan the CAC liked included the plan’s decision to establish a service standard for decisions on alternative fuel applications and the collaborative nature of the plan’s consultation.
"Today, I'm happy with approaches that are laid out in the climate action plan which will help industries, like cement, reduce their greenhouse gases (GHG) emissions while remaining globally competitive. We look forward to continuing to work with the Ontario government on the next steps to ensure that Ontario achieves its GHG reduction targets," said Michael McSweeney, president and CEO, CAC.