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Votorantim orders clinker cooler from Fons Technology 14 February 2020
Tunisia: Brazil’s Votorantim Cimentos has ordered a clinker cooler and clinker roller crushers from Turkey’s Fons Technology International for an upgrade to its 1.2Mt/yr integrated Jbel Oust plant. Votorantim has been present in Tunisia since 2012 where it sells cement under the Jbel Oust brand.
HeidelbergCement focuses on prices over sales volumes in 2019 13 February 2020
Germany: HeidelbergCement’s revenue rose by 2.1%, on a like-for-like basis, to Euro18.9bn in 2019. In its preliminary results the group said that it had focused on prices rather than sales volumes. Its cement and clinker sales volumes fell by 1.6% year-on-year, excluding consolidation effects, to126Mt in 2019. Ready-mixed concrete sales rose by 3.4% to 50.7Mm3. Its current operations before depreciation and amortisation rose by 2.5%, on a like-for-like basis, to Euro3.58bn. The building materials producer plans to issue a more detailed trading statement in mid-February 2020 detailing its performance.
Cemex earnings for 2019 hit in North America 13 February 2020
Mexico: Cemex’s operating earnings have fallen in Mexico and the US. Its net sales fell by 3% year-on-year to US$13.1bn in 2019 from US$13.5m in 2018. Its cement sales volumes dropped by 7% to 62.8Mt from 67.2Mt. Its operating earnings before interest, taxation, depreciation and amortisation (EBITDA) decreased by 11% to US$2.38bn from US$2.69bn.
“In a very challenging year with weaker macroeconomic and market conditions prevailing in several of our operations, we were able to limit the downside to our EBITDA and free-cash-flow generation through the decisive and proactive initiatives under our ‘A Stronger Cemex’ program,” said Fernando A Gonzalez, chief executive officer of Cemex. He added that the group was ‘cautiously optimistic’ about its outlook for 2020, with market improvements expected in Mexico and the US.
By region, sales and earnings fell in Mexico due to decline in public and private investment. In the US sales grew, but earnings fell, in a market beset by bad weather, weak residential performance and competition in Florida. Sales and earnings grew in Europe on a like-for-like basis driven by infrastructure demand. Elsewhere sales and earnings fell, although a stronger market was noted in Colombia.
Vassiliko Cement launches solar plant 13 February 2020
Cyprus: Vassiliko Cement has launched an 8MWh photovoltaic solar plant. It is located in a former quarry in the Amalas area, approximately 8km from its cement plant. The unit is expected to supply around 10% of the cement plant’s electricity requirements. The project had an investment of around Euro6.5m. The lead contractor on the project was Sunel.
McInnis Cement issues innovation call for carbon capture and utilisation technologies 13 February 2020
Canada: McInnis Cement, Écotech Québec and the Gaspésie Cleantech Hub, in collaboration with the Québec Ministère de l’Économie et de l’Innovation, have launched a call for innovations to identify carbon capture and utilisation technologies for the Port-Daniel-Gascons, McInnis cement plant. This call for innovations will run until May 2020 and then selected organisations will be invited to explore future options.
“From the moment the company was founded, McInnis Cement has been exploring the option of replacing some of the hydrocarbons used as fuel for the plant with locally generated residual forest biomass so as to reduce its environmental emissions,” said Maryse Tremblay, Director of Communications and Corporate Social Responsibility at McInnis Cement. She added that a study to verify the feasibility of using this type of alternative fuels is underway and that this may be followed by a pilot project.
Écotech Québec is a non-profit organisation, funded by the provincial government, which represents Québec's ‘clean’ technology cluster. It supports businesses, researchers, investors and associations to help accelerate the development, financing and commercialisation of clean technologies. The Gaspésie Cleantech Hub is an economic development organisation created to help the region increase the economic benefits of establishing the McInnis cement plant.