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Brazilian full-year cement sales to grow by 10% 09 December 2020
Brazil: The National Cement Industry Association (SNIC) has predicted cement sales in 2020 to rise by 10% year-on-year to 60Mt. Valor International News has reported that president Paulo Camillo Penna said, “If in 2021 we maintain the 60Mt we expect to reach this year, or have some progress beyond this volume, it will be a very satisfactory result considering the high uncertainties ahead."
France: LafargeHolcim subsidiary Lafarge France has installed a new rotary kiln at its Martres-Tolosane cement plant. The installation is part of a Euro120m project to build a new production line at the site. The work will also increase the plant’s alternative fuels (AF) substitution rate to 80% from 30%.
The company said, “Once completed the work will increase the productivity of the cement plant, while reducing its environmental impact. The plant will be equipped with the latest environmental technologies, thus increasing the share of energy recovery from waste and its use in the production of clinker. The work will reduce energy consumption, reduce the carbon dioxide (CO2) footprint by 25% - 30% per tonne of cement and create local circular economy loops with partners in the greater South-West.” The on-going upgrade to the plant is on schedule for completion in November 2021.
PPC reports increased first half sales and earnings 08 December 2020
South Africa: PCC recorded sales of US$332m in the first half of its 2021 financial year, up by 1% from US$328m in the first half of its 2020 financial year. Earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 15% to US$66m from US$58m. Cement volumes fell in South Africa by 5% and in Botswana by 10% due to 35% slump in total volumes in the first quarter. The company said that this was due to muted cement sales in April 2020 and May 2020 as a result of Covid-19-related trading restrictions in South Africa. Cement sales have since recovered with strong year-on-year growth since June 2020. The increase in volumes is primarily retail led. PPC also said that it is beginning to experience the positive impact of increased infrastructure spending.
Chief executive officer (CEO) Roland van Wijnen said, “I am pleased that we are once again able to serve our customers and play our part in keeping the economy going. My gratitude goes to my colleagues who have been working diligently to keep our operations running while observing stringent health and safety protocols. Our business has benefited from a strong recovery in cement sales in all our markets, post the easing of the lockdown restrictions, and this has resulted in improved financial performance for the group. Our efforts to improve cost competitiveness and reposition PPC on a sound financial footing are yielding encouraging results and we are making good progress on our capital restructuring project, which remains a key priority for the group.”
Cemex launches Vertua low and net-zero carbon concretes in Mexico 08 December 2020
Mexico: Cemex has launched Vertua, a range of low and net-zero CO2 concrete products, in Mexico. Vertua uses a geopolymer binder solution created by Cemex’s Research and Development Center in Switzerland. It forms “one of the main components of the ambition to deliver net-zero CO2 concrete for all products and geographies by 2050,” according to the company.
Ricardo Naya, the president of Cemex Mexico, said, “With Vertua, we are taking a decisive step in addressing climate change in Mexico and the world, by offering a line of concretes with up to 70% lower carbon emissions. In Cemex, we embrace the circular economy concept and put it into action by offering our customers solutions like Vertua to keep them at the forefront of sustainability efforts."
Tanga Cement wins National Board of Accountants and Auditors best-presented report award 08 December 2020
Tanzania: Tanga Cement has won the award for the overall best-presented financial report for the 2020 financial year at the National Board of Accountants and Auditors (NBAA). The Daily News newspaper has reported that the award is the company’s fifth consecutive win in the category.
Chief accountant Isaac Lupokela said, “Everyone who prepares auditing knows that there is a competition behind that gives us a lot of motivation to do better. But professionally large accountants are the ones who make sure companies operate. Properly prepared calculations help those who use them to make better decisions.” The producer also won best-presented report in the manufacturers category.