September 2024
Turkey: OYAK Cement says that it eliminated 200,000t of CO2 emissions during 2021 through its use of US-based DataRobot’s AI software. The producer said that the technology enabled it to multiply its alternative fuel (AF) substitution rate by seven an reduce its mechanical failure prediction time by 75%. It added that the software contributed to a US$39m/yr drop in costs.
CP Concrete Consortium receives US$80m funding for Carbon Pool Concrete technology development 31 January 2022
Japan: The CP Concrete Consortium has received US$80m in funding under the New Energy and Industrial Technology Development Organisation (NEDO)’s Green Innovation Funding Programme. The funding will support the consortium’s development of its Carbon Pool Concrete reduced-CO2 concrete production technology until 2032. Hazama Ando Corporation leads the consortium along with 14 other members of the Japanese Ready-Mixed and Returned Concrete Solution Association.
Carbon Pool Concrete technology can be used in the construction of pavements, buildings and other civil engineering structures. Through comprehensive carbon life cycle evaluation, the consortium is attempting to robustly link the use of its technology with carbon market instruments and environmental and social governance infrastructure funding. Its aim is to redefine concrete as a carbon neutral material.
Dalmia Bharat profit takes a nosedive 28 January 2022
India: Dalmia Cement (Bharat) has reported a 59.2% decline in its consolidated net profit to US$9.7m for the three months to 31 December 2021. The company had posted a net profit of US$23.6m during the corresponding quarter of 2020. The company reported that its revenue for the quarter was almost unchanged year-on-year at US$363m. The company’s cement sales volumes fell to 5.7Mt during the quarter compared to 5.8Mt in a year earlier.
Dalmia Cement (Bharat) Managing Director and chief executive officer (CEO) Mahendra Singhi said, “Margins during the quarter were impacted due to a significant inflation in the energy prices and market weakness in core regions of our operation. However, beginning in mid-December, things have started to look good. To mitigate the impact of external exigencies, we are working to further strengthen our operational efficiencies and explore avenues for cost rationalisation.”
Vicem But Son Cement contributes strongly in 2021 28 January 2022
Vietnam: Vicem But Son Cement has reported that it sold more than 3.8Mt of cement and clinker in 2021, fulfilling 94.1% of its whole year’s target, according to local media. During the year, the firm produced more than 2.8Mt of clinker, fulfilling 96.6% of its plan and over 3.2Mt of cement, fulfilling 91.1% of its target. In financial terms, the company contributed US$6.64m to the state budget last year, surpassing the whole year’s target by 6.7%.
In 2022 Vicem But Son Cement aims to sell 4.0Mt of products, comprising 3.4Mt of cement and 0.6Mt of clinker, as part of its mission to become ‘a leading’ cement producer in Vietnam and in the Southeast Asian region.
Nigerian President inaugurates Line 4 at BUA Sokoto 28 January 2022
Nigeria: President Muhammadu Buhari inaugurated BUA Group’s new 3.0Mt/yr Line 4 at its Sokoto plant in northern Nigeria on 27 January 2022. The plant is the largest private sector employer of labour in the north-western part of Nigeria.
At the inauguration, the President expressed delight that the Federal Government policies on economic diversification, job creation and creating an enabling environment for businesses to thrive were working. He pledged to continue his administration’s support for ‘serious investors’ to set up businesses that will take advantage of huge reserves of resources in different parts of the country.
The President thanked the Founder of BUA Cement, Abdul Samad Rabiu and the BUA team for the ‘great work they are doing’ in supporting the government's economic diversification and job creation agenda.
Speaking personally, President Buhari added that, as the head of Sokoto State in 1985, he had also inaugurated Line 2 at the same plant, saying, "Today, almost 37 years later, to commission the fourth line is a very special day for me personally. As you all know, one of the key economic pillars of our administration has been to create an enabling environment for businesses to thrive. This is necessary for job creation and indeed, for our economy and national security.”
Dangote completes second tranche of buyback 28 January 2022
Nigeria: Dangote Cement announced on 26 January 2022 that it bought 126.75 million of its own shares in the week to 21 January 2022, the second tranche of a buyback programme set to return cash to shareholders. The producer, majority-owned by Africa's richest man Aliko Dangote, aims to buy back up to 10% of its US$41m share capital in tranches. The company now has 16.87 billion shares outstanding.
Les Ciments de Bizerte sees turnover rise in 2021 28 January 2022
Tunisia: The overall turnover of Les Ciments de Bizerte rose by 17.8% year-on-year in 2021, to US$45.1m in 2021, from US$38.2m in 2020. Its local turnover rose by 5% to US$38.1m from US$36.3m. The company’s export turnover soared by 256% from US$1.96m to US$6.96m. The volume of cement it produced in 2021 was 673,079t, up by 17,829t (2.7%) compared to 2020.
Italian authorities seize cement en-route from Albania 28 January 2022
Italy/Albania: Officials from the Customs and Monopoly Agency (ADM) and the soldiers of the Guardia di Finanza, have identified cement lacking CE and proper importation markings, among other questionable building materials, in three articulated trucks that disembarked from Albania at the port of Ancona. A total of more than 36t of materials has been held.
The authorities stated that the use of trademarks of Italian companies on imported products or goods without clearly indicating the country or place of manufacture and, more generally, incorrect information on the origin of the goods, damages both the market and consumers’ interests.
Czech producers under pressure from EU ETS prices 28 January 2022
Czech Republic: The high prices of European Union (EU) Emissions Trading Scheme (ETS) emission allowances, more than Euro84/t of CO2 emitted in the week to 28 January 2022, are likely to make cement production more expensive. Manufacturers are currently unclear how much prices will have to rise but stated that they could no longer absorb the rising cost of buying extra allowances.
Pavel Pavel Zdeněk, sales director of Lafarge Cement, the local Holcim subsidiary, said "The price of emission allowances are around Euro85/t. This year, the price may remain the same, but it could also rise to Euro100/t. This will already be reflected in the costs."
SiberskyBeton’s sales rise 14% in 2021 28 January 2022
Russia: Siberian Cement’s concrete arm SiberskyBeton produced 243,420m3 of concrete and mortar in 2021, a 14% increase compared to 2020. The growth is a result of increased demand for building materials in 2021. According to Artem Safyanov, managing director of SibirskyBeton, the company pays close attention to quality of its mixes, which helps the company to hold leadership positions in the market of Siberian Federal District.