07 February 2022
JK Cement’s profit declines in third quarter of 2022 financial year 07 February 2022
India: JK Cement recorded a third-quarter consolidated net profit of US$18.8m in the third quarter of its 2022 financial year. The figure represents a 35% year-on-year decline from US$29.1m in the third quarter of the 2021 financial year.
11-month US cement shipments rise in 2021 07 February 2022
US: Total shipments of cement in the US in the first 11 months of 2021 were 99.2Mt, up by 4.1% year-on-year from 95.3Mt in the corresponding period of 2020. The country imported 15.2Mt of cement, up by 17% from 13Mt.
Domestic clinker production for the year totalled 72.2Mt, up by 0.4% from 71.9Mt.
Vicem Bút Son sells 3.2Mt of cement in 2021 07 February 2022
Vietnam: Vicem Bút Son sold 3.2Mt of cement in 2021, 91% of the volume stipulated in its plan for the year. Its clinker sales were 2.8Mt, 96% of planned volumes. Viet Nam News has reported that the company is targeting a 14% increase in cement sales to 3.4Mt in 2022. Its clinker sales target is 600,000t.
Holcim Mexico invests in gas and diesel-powered concrete trucks 07 February 2022
Mexico: Holcim Mexico has replaced 11% of its concrete truck fleet with 61 new natural gas and Euro V diesel-fuelled Sinotruk vehicles worth US$6.2m. The company says that some of the trucks run on 100% natural gas, reducing both their CO2 and particulate emissions by 25%. Parent company Holcim hopes eventually to roll out Sinotruk vehicles throughout operations in its Latin American region. Each truck has an 8m3-greater capacity than Holcim Mexico’s previous models, and also generates less noise.
EIM Capital acquires Bonna Sabla 07 February 2022
France: Private equity firm EIM Capital has acquired precast concrete products company Bonna Sabla from Consolis. The producer says that the new ownership will help it to capitalise on its commercial, economic and social situation through an ecological, energy and technological transition.
Chief executive officer Eric Lobbé said “We have the right teams and set of manufacturing facilities in France to pursue and develop our drainage precast solutions through well-known brands as Bonna Sabla, MPB and ABM. To be a pure player will allow us to capture significant organic growth opportunities, as well as being ready for future acquisitions. We will keep on pushing innovation to serve our customers.”