September 2024
Oman: Oman Cement recorded sales of US$95.6m during the first half of 2023, Reuters has reported. The figure corresponds to a year-on-year rise of 5.1% from US$90.9m in the first half of 2022. The producer’s net profit after tax also rose, by 31% year-on-year to US$10.9m from US$8.31m.
GO CO2 carbon capture and storage project launched 11 July 2023
France: Heidelberg Materials, Lafarge France, Lhoist and utilities provider TotalEnergies launched the GO CO2 carbon capture and storage project at the port of Nantes-Saint-Nazaire on 10 July 2023. The Le Marin newspaper has reported that the Euro1.7bn project will treat and liquefy captured CO2 for underwater storage. The initial participating plants will be Lafarge France’s Saint-Pierre-la-Cour cement plant and Lhoist’s Neau lime plant.
Preliminary studies will commence later in 2023, with an investment decision to be taken in 2027, for commissioning of the project in 2030. The consortium will initially process 2.6Mt/yr of captured CO2, rising to 4Mt/yr in 2050.
China: China Resources Cement has applied to the National Association of Financial Market Institutional Investors (NAFMII) to register an issuance of notes, Reuters has reported. Under the application, China Resources Cement seeks to register an issuance of US$2.08bn in medium-term notes.
India: Ramco Cements has concluded an agreement to acquire limestone reserves in Andhra Pradesh’s Nandyal District from Prism Johnson. The Hindu newspaper has reported that Prism Johnson will transfer a mining lease for 663 hectares of land to Ramco Cements. The parties expect to conclude the transaction by the end of July 2023.
Prism Johnson had previously planned to build an integrated cement plant on the reserves, but said that this no longer suited its priorities.
India: NCL Industries produced 751,000t of cement during the first quarter of the 2024 financial year, up by 23% year-on-year from 610,000t in the first quarter of the previous financial year. Hindu BusinessLine News has reported that the company’s sales volumes also rose by 23% during the quarter, to 742,000t from 603,000t.
Fortera continues construction of low-carbon cementitious material plant at CalPortland's Redding cement plant 10 July 2023
US: In 2022, Fortera began building a 15,000t/yr-capacity plant to produce its low-carbon cementitious material, Fortera Reactive Calcium Carbonate (RCC), at CalPortland's Redding cement plant in California. The commercial-scale plant will produce a reactive form of calcium carbonate using CO2 from the kiln of the 600,000t/yr cement plant. Fortera's process converts 1t of limestone into 1t of Fortera RCC by capturing and mineralising CO2 from the cement plant's kiln. Fortera cement production emits 60% less CO2 than ordinary Portland cement (OPC). The 15,000t/yr plant will operate at 20 times the scale of previous pilot tests. The Redding Record newspaper has reported that 15 workers will be employed at the site.
Former Redding cement plant owner Lehigh Hanson formed an agreement with Fortera to collaborate on the low-carbon cement plant project in March 2021. The plant subsequently switched ownership to Martin Marietta Materials in October 2021, before CalPortland bought it in July 2022.
Cementos Inka commissions Pisco grinding plant 10 July 2023
Peru: Cementos Inka has announced the successful commissioning of its new 800,000t/yr Pisco grinding plant. The new plant is equipped with Christian Pfeiffer grinding and separation equipment. El Comercio News has reported that the producer invested US$55m in the plant. This exceeded previous budgets by 15 - 22%, due to coronavirus-related costs rises. This latest commissioning triples Cementos Inka's installed capacity to 1.2Mt/yr. General manager Carlos Choy estimated that the producer's market share has risen to 10% from 3.9%.
Choy said that the producer's next project will be the construction of a 1 - 1.5Mt/yr kiln line to produce clinker at the site.
Argentina: Cementos Avellaneda has inaugurated its 22MW La Calera solar power plant in San Luis Province. Forbes has reported that the power plant will supply electricity to the producer's 1.1Mt/yr San Luis cement plant. As a result, operations at the plant will henceforth be 55% renewably powered. In total, the new solar power plant will eliminate 22,600t/yr-worth of CO2 emissions. Engineering company Industrias Juan F Secco supported the installation of the US$25m plant, which took 16 months to build.
Cementos Avellaneda's general director José Luis Maestri said "It was key to the success of this project to have been able to find a strategic partner such as Industrias Juan F Secco, an Argentine company with more than 80 years of history and experience in the energy sector, which provided us with all its professionalism and commitment."
Spain: Cementos El Molino plans to invest Euro3.7m in an upgrade to energy infrastructure at its 450,000t Santa Eulalia grinding plant in Aragon. Alimarket Construction News has reported that the upgrade consists of a 12MW substation and a 2.4MW solar power plant. Euro2m-worth (54%) of investments will go towards construction of the subsystem and Euro1.7m (46%) towards the solar power plant. Cementos El Molino expects to carry out the investments before the end of 2023.
Lafarge Africa hosts renewables event 10 July 2023
Nigeria: Holcim subsidiary Lafarge Africa hosted industry professional and policy makers at an event dedicated to advancing understanding of renewable energy on 8 July 2023. The Business and Financial Times newspaper has reported that the event included a panel session entitled 'The Business of Clean Energy: Opportunities for Industries.'
Lafarge Africa chair Prince Adebode Adefioye said "It is about stimulating every part of our economy, creating incentives for investors in clean energy and for people and businesses to embrace the use of clean energy products and technologies. It allows Nigeria not only to boost its energy supply and create new high-value jobs, but also to be at the forefront of reducing carbon emissions and saving our planet. Therefore, the whole idea is to bring people together to be able to stimulate ideas, even the banks and broader financial sector, to involve them in creating innovative tech and financial products that allow us to generate and use energy more effectively and productively.”
CEO Khaled El Dokani added “Fighting climate change and making the transition towards a greener economy requires a concerted effort by industries, individuals and the government. As a leader in innovation, Lafarge will continue to collaborate with stakeholders and we expect that the discussions by a range of industry experts and public officials here present today will provide a clear view of the business of clean energy and reveal the opportunities, insights and strategic agendas for leaders in the private and public sectors to accelerate our society’s access to clean energy.”