September 2024
Taiheiyo Cement and Semen Indonesia finalise collaboration agreement 09 December 2020
Indonesia/Japan: Taiheiyo Cement and Semen Indonesia have finalised a collaboration agreement with the aim of building a comprehensive partnership, including consultations on promotion and sale of cement and clinker. Taiheiyo Cement said, “The business alliance is for business collaboration and research and development of cement, resources, environment, building materials and more.”
In accordance with the agreement Taiheiyo Cement will buy shares in Semen Indonesia’s subsidiary Solusi Bangun Indonesia, formerly Holcim Indonesia. The deal is expected to be completed in early 2021. In April 2020 Taiheiyo Cement agreed to buy a 15% stake in Solusi Bangun Indonesia for between US$186m and US$232m.
Cemex Ventures acquires Soil Connect stake 09 December 2020
Mexico: Cemex subsidiary Cemex Ventures has invested in excavation materials marketplace Soil Connect. The online platform says that it connects the supply and demand algorithmically based on the users' proximity and needs. It is mainly used for aggregates. In digitising the marketplace it reduces landfill while lowering transportation distances, according to the investor. It says that this results in tremendous cost savings for construction professionals. This also promotes circular economy within the sector.
Cemex Ventures’ investment head Cristina Aparicio said, "For any relevant actor with a view to the future of our ecosystem, it is a priority to offer a solution to the millions of tonnes of materials that are generated annually in demolition projects, since much of the construction materials of tomorrow come from the projects to be demolished. We are very excited about this agreement with the Soil Connect team, which has created a business that adds value, both to those who generate the waste and to those who need construction material, prioritising this tool that provides agility."
Brazilian full-year cement sales to grow by 10% 09 December 2020
Brazil: The National Cement Industry Association (SNIC) has predicted cement sales in 2020 to rise by 10% year-on-year to 60Mt. Valor International News has reported that president Paulo Camillo Penna said, “If in 2021 we maintain the 60Mt we expect to reach this year, or have some progress beyond this volume, it will be a very satisfactory result considering the high uncertainties ahead."
France: LafargeHolcim subsidiary Lafarge France has installed a new rotary kiln at its Martres-Tolosane cement plant. The installation is part of a Euro120m project to build a new production line at the site. The work will also increase the plant’s alternative fuels (AF) substitution rate to 80% from 30%.
The company said, “Once completed the work will increase the productivity of the cement plant, while reducing its environmental impact. The plant will be equipped with the latest environmental technologies, thus increasing the share of energy recovery from waste and its use in the production of clinker. The work will reduce energy consumption, reduce the carbon dioxide (CO2) footprint by 25% - 30% per tonne of cement and create local circular economy loops with partners in the greater South-West.” The on-going upgrade to the plant is on schedule for completion in November 2021.
PPC reports increased first half sales and earnings 08 December 2020
South Africa: PCC recorded sales of US$332m in the first half of its 2021 financial year, up by 1% from US$328m in the first half of its 2020 financial year. Earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 15% to US$66m from US$58m. Cement volumes fell in South Africa by 5% and in Botswana by 10% due to 35% slump in total volumes in the first quarter. The company said that this was due to muted cement sales in April 2020 and May 2020 as a result of Covid-19-related trading restrictions in South Africa. Cement sales have since recovered with strong year-on-year growth since June 2020. The increase in volumes is primarily retail led. PPC also said that it is beginning to experience the positive impact of increased infrastructure spending.
Chief executive officer (CEO) Roland van Wijnen said, “I am pleased that we are once again able to serve our customers and play our part in keeping the economy going. My gratitude goes to my colleagues who have been working diligently to keep our operations running while observing stringent health and safety protocols. Our business has benefited from a strong recovery in cement sales in all our markets, post the easing of the lockdown restrictions, and this has resulted in improved financial performance for the group. Our efforts to improve cost competitiveness and reposition PPC on a sound financial footing are yielding encouraging results and we are making good progress on our capital restructuring project, which remains a key priority for the group.”
Cemex launches Vertua low and net-zero carbon concretes in Mexico 08 December 2020
Mexico: Cemex has launched Vertua, a range of low and net-zero CO2 concrete products, in Mexico. Vertua uses a geopolymer binder solution created by Cemex’s Research and Development Center in Switzerland. It forms “one of the main components of the ambition to deliver net-zero CO2 concrete for all products and geographies by 2050,” according to the company.
Ricardo Naya, the president of Cemex Mexico, said, “With Vertua, we are taking a decisive step in addressing climate change in Mexico and the world, by offering a line of concretes with up to 70% lower carbon emissions. In Cemex, we embrace the circular economy concept and put it into action by offering our customers solutions like Vertua to keep them at the forefront of sustainability efforts."
Tanga Cement wins National Board of Accountants and Auditors best-presented report award 08 December 2020
Tanzania: Tanga Cement has won the award for the overall best-presented financial report for the 2020 financial year at the National Board of Accountants and Auditors (NBAA). The Daily News newspaper has reported that the award is the company’s fifth consecutive win in the category.
Chief accountant Isaac Lupokela said, “Everyone who prepares auditing knows that there is a competition behind that gives us a lot of motivation to do better. But professionally large accountants are the ones who make sure companies operate. Properly prepared calculations help those who use them to make better decisions.” The producer also won best-presented report in the manufacturers category.
Shree Cement supports war veterans with cement donations to families 08 December 2020
India: Shree Cement plans to mark Vijay Diwas, the Indian commemoration day for the Indo-Pakistani War of 1971, with free donations of cement for the families of armed forces personnel who died in battle between 1999 and 2019. Under the Naman scheme, the family or the next of kin of a deceased veteran will be given free cement to build a house on a plot of land up to around 370m2, according to the Times of India newspaper. The cement can be obtained in person from any of Shree Cement's manufacturing facilities spread across India.
Pakistani five-month cement dispatches rise 07 December 2020
Pakistan: Cement dispatches in the five months to 30 November 2020, the first five months of the 2021 financial year, were 24Mt, up by 17% year-on-year from 20Mt over the corresponding period of the 2020 financial year. Data from the All Pakistan Cement Manufacturers Association (APCMA) shows that exports grew by 22% to 4.4Mt from 3.6Mt. The Nation newspaper has reported that November 2020’s dispatches were up by 4% year-on-year to 4.5Mt from 4.3Mt, while domestic demand rose by 6% to 3.7Mt from 3.5Mt. Five-month demand also rose, by 16% to 19Mt from 17Mt.
Madukkarai Cement fined US$61,000 for fugitive cement dust 07 December 2020
India: The Tamil Nadu Pollution Control Board (TNPCB) has fined ACC subsidiary Madukkarai Cement US$61,000 for fugitive emissions of clinker and cement dust in mid-2020. The Hindu newspaper has reported that inspections found dust in the village Kurumbapalayam, Coimbatore District, located on the eastern side of the cement plant. An ambient air quality survey in September 2020 revealed higher-than-prescribed particulate volumes.
In addition to paying the fine, the producer must comply with 19 instructions of the TNPCB for air pollution control and monitoring by 7 January 2021.