September 2024
US: The former Lehigh Hanson Redding cement plant is the subject of a new acquisition deal. Martin Marietta has now agreed to sell the plant, which is in California, and related cement terminals to CalPortland for US$250m. The deal also covers 14 ready-mix concrete locations. The parties have also established arrangements for any future agreement for the sale of Martin Marietta’s Tehachapi cement facility and its related cement distribution terminals. Martin Marietta acquired both plants from Lehigh Hanson in October 2021.
CalPortland’s parent company Taiheiyo Cement said that the acquisition will enable it to build a supply system to meet the growing demand for cement in northern California, Oregon and Nevada. It added that the Redding Plant is an important plant in northern California, which its expects can improve customer satisfaction through an investment to develop more efficient systems. The company concluded “As a result, we expect steady growth in revenue and profits for Taiheiyo Cement’s US cement and ready mixed concrete businesses, which in turn will contribute to the achievement of the medium-term management plan from fiscal years 2022 to 2024.”
Grupo Gilinski increases Grupo SURA stake to 32% 01 March 2022
Colombia: Grupo Gilinski has increased its stake in Grupo SURA by 7.7% to 32%. Grupo SURA controls a 36% stake in Grupo Argos, the parent company of Cementos Argos and US-based Argos USA. The deal awaits validation and agency approval.
Lafarge Africa boosts sales and earnings in 2021 01 March 2022
Nigeria: Lafarge Africa, Holcim’s subsidiary in Nigeria and South Africa, says that it acheived record full-year results in 2021. Its net sales were US$705m, up by 27% year-on-year from US$554m in 2020. Meanwhile, its recurring earnings before interest, taxation, depreciation and amortisation (EBIT) rose by 43% to US$157m from US$110m.
CEO Khaled El Dokani said "Our 2021 performance showed significant improvement.” He added “We are equally pleased with the progress we are making on sustainability. Our use of affordable clean energy and agro-ecology footprint are in accordance with our net zero pledge journey."
In 2022, the company forecast ‘good demand momentum’ as it continues to maximise volume opportunities across its markets, while actively managing costs. During the year, it also plans to consolidate its sustainability efforts.
Novo Holdings invests US$65m in Biomason 01 March 2022
US: Denmark-based life sciences investment company Novo Holdings says that it has invested US$65m in bio-based clinker-free cement producer Biomason. Biomason uses microorganisms to grow its Biocement cement, without heating or CO2 emissions. The producer is in its Series C round of financing. Novo Holdings previously invested in its Series B financing round.
Japan: Mitsubishi Heavy Industries Engineering has won the Ministry of Economy, Trade and Industry’s highest prize for contributions to industrial decarbonisation, the Minister’s Award, for its development and commercialisation of its CO2 capture system. The system is based on KS-21 solvent technology, developed in partnership with Kansai Electric Power, and the company’s Advanced KM CDR Process capture model. Mitsubishi Heavy Industries Engineering has successfully supported cement industry customers in implementing the system.
FCT Combustion delivers Turbu-Flex burner for HeidelbergCement’s Hanover cement plant 28 February 2022
Germany: Australia-based FCT Combustion has successfully delivered a new Turbu-Flex burner to replace the existing burner at HeidelbergCement’s Hanover, Lower Saxony, cement plant. FCT Combustion will also supply burner accessories and add-ons, an igniter, a flame sensor, fans, blowers and spare parts. The project aims to improve combustion control and maximise alternative fuel (AF) use in the plant’s cement production.
Philippines: The Philippines Tariff Commission (TC) has launched an investigation into the possible extension of the safeguard measure against imports of ordinary Portland cement (OPC) Type 1 and blended cement Type 1P. The Cement Manufacturers Association of the Philippines previously filed a petition for the extension. The TC will hold its preliminary conference on the matter on 8 March 2022.
The commission said “Matters for discussion include the timelines, nature of investigation, appearance of counsel and parties, number of witnesses, notification, accessibility of documents and public file, confidentiality of documents, submission of position paper(s) and memoranda, conduct of inspection and verification of data and schedules of public hearings and other activities.”
Belgium: Cemex has joined the Cambridge Institute for Sustainability Leadership (CISL)’s Corporate Leaders Group Europe in order to lead the corporate transition to a climate neutral economy. The company joins a cross-sectoral body of members from across the EU.
Cemex’s Europe, Middle East and Africa regional president Sergio Menendez said “With its Future in Action programme, Cemex is committed to leading on the road to carbon neutrality. We are proud to join forces with the CISL’s Corporate Leaders Group Europe and other global companies to accelerate the decarbonisation of the built environment. We look forward to working together with the Corporate Leaders Group Europe to help us all achieve our shared climate action goals in Europe.”
GCC worker dies following explosion at Chihuahua cement plant 28 February 2022
Mexico: GCC has reported that a worker at its Chihuahua cement has died in hospital following an explosion on 25 Feburary which injured five others. The company says that it activated all safety protocols in response to the disaster and coordinated its actions with the responding authorities. It continues to support the investigation into the cause of the blast.
The company said “Unfortunately, one of the six injured died in hospital. We are currently in contact with his family, to whom we have expressed our deepest condolences, and with the families of our other injured collaborators to make all our support and resources available to them at this difficult time.”
Cemex USA commences sale of Portland limestone cement from Brooksville and Demopolis cement plants 28 February 2022
US: Cemex USA has begun selling Portland limestone cement produced at its Brooksville, Florida, and Demopolis, Alabama, plants across the Southeastern US. The producer says that the cement retains the durability of ordinary Portland cement or is more durable while reducing CO2 emissions by 10%. Cemex USA aims to increase its PLC production at the plants, and possibly to begin producing it at other US cement plants, in early 2022.
President Jaime Muguiro said "At Cemex, we acknowledge that climate action is one of the most important issues facing our world, and we are committed to being part of the solution. Our company has ambitious emission-reduction targets, and by offering lower carbon products that deliver brilliant performance like PLC, we can continue to work toward those goals while encouraging customers to join us in the journey."