Displaying items by tag: GCW665
Pakistan's cement despatches reach nine-month peak
21 June 2024Pakistan: Cement dispatches in May 2024 reached a nine-month high at 4.3Mt, marking an 8% rise year-on-year and a 45% month-on-month increase from April 2024, driven largely by a surge in exports. Over the first 11 months of the 2024 financial year, total dispatches amounted to 41.7Mt, up 3% from 2023 with exports growing by 66%, according to Pakistan Press International. However, domestic dispatches fell by 4%.
Heidelberg Materials and Linde launch first large-scale CCU facility at Lengfurt cement plant
20 June 2024Germany: Heidelberg Materials, in partnership with Linde, is constructing a large-scale carbon capture and utilisation (CCU) facility at its Lengfurt cement plant, set to start operating in 2025. According to the company, it will be the first of its kind. The project is named Capture-to-Use (CAP2U) and will capture 70,000t/yr of CO₂.
Christian Knell, general manager of Heidelberg Materials Germany, said "With the amine scrubbing technology applied here in Lengfurt, we are demonstrating the capture and utilisation of CO₂ on an industrial scale for the first time in the cement industry in Germany.”
Global: The Global Cement and Concrete Association (GCCA) and the United Nations Industrial Development Organization (UNIDO) have entered a partnership to accelerate the decarbonisation of the cement and concrete industry, focusing on the global south. This collaboration, formalised through a memorandum of understanding, commits both organisations to advancing sustainability and decarbonisation. Their joint efforts will include developing low-emission technologies, organising international events and promoting industry solutions globally.
GCCA CEO Thomas Guillot said "Through our net zero roadmap and the accelerator programme we have put in place, we are already working with policymakers, governments and industry to overcome procurement and resourcing challenges across the global south. Having this ground-breaking agreement with UNIDO is a natural progression which we hope will fast-track progress in a meaningful way."
France/Europe: Eurazeo, via its Smart City fund, alongside the EIC Fund and existing investors, is supporting Materrup with a €26m fundraising effort to expand its low-carbon cement technology across France and Europe. This investment will accelerate the deployment of Materrup's circular low-carbon cement plants using its non-calcined clay technology. Already operational with its first scale plant in Landes, Materrup plans to establish an additional 10 plants, in collaboration with European industrial partners.
Gloria Group to establish new lime plant in Lima
20 June 2024Peru: The Gloria Group is set to expand its operations with a new lime plant in Lima's industrial zone, according to CE NoticiasFinancieras. This development is promoted by the group’s cement, concrete and lime subsidiary Cemento Yura. The proposed plant, will have a production capacity of over 350,000t/yr and will serve both domestic and export markets. Currently, the group operates Cal y Cementos Sur (Calcesur), which produces quicklime and hydrated lime in Juliaca with a capacity of 1Mt/yr. With lime demand rising, particularly from the mining and construction sectors, Gloria Group is also considering further plant projects.
The company is reportedly confident that the procedures for obtaining operating permits for new projects in the mining sector will be expedited in order to stimulate the demand for lime. It also did not rule out the implementation of new plants.
Vietnamese cement sector struggles continue
20 June 2024Vietnam: The Vietnamese cement industry persists in facing difficulties, with several plants operating at only 70 - 75% capacity and accumulating stockpiles of around 5Mt, according to the Vietnam Investment Review. The total production capacity is over 120Mt/yr, yet four new production lines with a combined 11Mt capacity remain inactive. At a recent conference, strategies were proposed to alleviate industry pressures, including fiscal policy adjustments and abolishing the current clinker export tariff, which currently sits at 10%. It was revealed that many cement producers are struggling due to borrowing, soaring production costs and slow consumption.
Chair of the Vietnam Cement Association Nguyen Quang Cung said "Never before has the cement industry been at such a critical stage. If the current predicament drags on, the possibility of domestic ownership transferring to foreign investors might occur, posing the threat of the cement sector falling into the hands of foreign businesses, thereby reducing the country's ability to deal with pricing and market moderation in the long term."