September 2024
Poland: Lafarge Poland, part of Switzerland-based LafargeHolcim, has begun the demolition of part of its 2.0Mt/yr Małogoszcz cement plant in Świętokrzyskie voivodeship. The work proceeded with the company taking down one of the plant’s 120m-high chimneys.
Industrial director Stanislaw Sobczyk said that the new Małogoszcz cement plant would “rise like a Phoenix from the ashes” of the old. The plant’s two chimneys were a local landmark and appeared on the logo of the former Małogoszcz Cement Company.
India: Aditya Birla subsidiary Grasim Industries has raised US$136m through fully paid unsecured non-convertible debentures (NCDs). The company has allotted the NCDs on a private placement basis.
Sinai Cement’s loss increases in 2020 06 April 2021
Egypt: Sinai Cement’s consolidated net loss before minority interests was US$35.6m in 2020. The figure represents an increase of 26% year-on-year from US$28.3m in 2019, according to Mubasher.
Egypt: South Valley Cement’s full-year sales in 2020 were US$22.3m, down by 20% year-on-year from US$28.0m. Loss also fell by 20%, to US$16.0m from US$20.1m in the 2020 financial year, according to Mubasher.
US: Holcim Participations, part of Switzerland-based LafargeHolcim, has completed its acquisition of Firestone Building Products from Bridgestone. The group said that the acquisition marks a milestone in its transformation into a global innovative and sustainable building materials and solutions leader. It group said that the early conclusion of the deal came about due to ‘smooth collaboration’ with Bridgestone.
Chief executive officer Jan Jenisch welcomed Firestone Building Products’ 1900 employees to the group, saying “Together, we will lead this iconic company’s next era of growth to become the global leader in flat roofing systems. As we expand its leadership in the US to Europe and Latin America, I want the world to know that Nobody Covers You Better than Firestone.” He added, “I am excited about the strong growth prospects, accelerated by the many opportunities from President Biden’s ‘Build Back Better’ plan. With its leading roofing systems, Firestone Building Products makes us a partner of choice from rooftop to foundation. This truly is a milestone for LafargeHolcim as we become the global leader in innovative and sustainable building solutions.”
Pakistan resumes trade with India 01 April 2021
Pakistan/India: Pakistan has resumed trade with India following a hiatus since August 2019. The News International has reported that during the last full year of trading in 2018 Pakistan exported US$63m of cement and US$19m of gypsum to India.
Cuban cement shortage affects homebuilders 01 April 2021
Cuba: Citizens have begun buying stolen cement from government construction sites due to a shortage that has caused a price rise on the cement market. The Havana Times has reported that many people are unable to repair their housing due to the high prices. Government and military projects reportedly continue unaffected.
UK construction sector increases research and development spending by 8% year-on-year to Euro432m in 2020 01 April 2021
UK: Business consultant Catax has reported an 8% year-on-year rise in the UK construction sector’s research and development spending in 2020 to Euro432m from Euro401m in 2019. Total UK spending in the area across all sectors grew by 5% year-on-year to Euro45.1m. Gross domestic product fell by 9%.
Chief executive officer Mark Tighe said, “The pandemic stopped businesses in their tracks but those reliant on innovation clearly didn’t take their foot off the gas.” He added, “The construction sector shut completely in the first lockdown but, even so, the industry still grew its research and development spending on an annual basis last year. This will put the sector on a strong footing as we recover from the impact of the pandemic.”
Mexico: Cemex has hosted Mujer Construrama, a conference and workshop series hosted by female leaders in construction. 320 participants attended the event. The group said that it reinforced its commitment to gender equality, as a signatory of the UN Women and UN Global Compact’s Women’s Empowerment Principles, promoting equality in the workplace, marketplace, and the community. It added that women’s empowerment benefits individuals and society, allowing for economic and social improvement and healthy competition. Construrama is the largest retail building materials distribution network in Mexico, with 2100 stores. Women lead approximately 30% of the stores.
UK: Tarmac, part of Ireland-based CRH, has relocated reptiles to purpose-built bespoke habitats at its Bellhouse, Essex, quarry. The reptiles lived in an area of planned quarry expansion. Work began in 2016 on the new habitat for grass snakes, common lizards and slow worms, consisting of acid grassland, tussocks and ponds. The company plans to expand the reserve under its site restoration process. It says that this will enable reptile populations to grow.
Restoration manager Enrique Moran Montero said, “The restoration phase of a quarry provides so many opportunities to promote local fauna and flora, and we pride ourselves in making the most of this land. From nature reserves to parks and wildlife learning zones for schools to use, we always strive to provide benefits for local wildlife as well as the communities we work in.”