September 2024
Dangote Cement announces Togo grinding plant 08 November 2019
Togo: Nigerian-based Dangote Cement has received government clearance for construction of a 1.5Mt/yr grinding plant in Togo, its first in the country, at a cost of US$60m. When operational, it will bring Togo’s installed capacity to 5.7Mt/yr – 1.7Mt of it grinding only – and grind clinker from Nigeria and Togo. Agence Ecofin has reported that the sum is part of a raft of investments by Dangote Group in the country totalling US$3.47m and involving infrastructure and phosphate fertiliser production projects.
Loma Negra reports nine-month 2019 results 08 November 2019
Argentina: Loma Negra’s earnings before interest, taxes, depreciation and amortisation fell to US$150m for the first nine months of 2019, down by 6.0% from US$160m in the nine months to 30 September 2019. Loma Negra CEO Sergio Faifman said that political turmoil precipitated ‘high financial and economic volatility that eroded the incipient recovery previously observed in some of the macroeconomic variables.’ Volumes of cement and concrete fell in Argentina and Paraguay. Profit for the period fell to US$32m, down from US$34m by 6.1% year-on-year.
Buzzi Unicem publishes trading update 08 November 2019
Italy: In the nine months to 30 September 2019, Buzzi Unicem’s net sales rose by 13.4% year-on-year to Euro2.42bn from Euro2.14bn. Cement volumes rose 5.7% to 22.1Mt from 20.9Mt in the corresponding period of 2018. The company said that “Growth was continually mitigated by weakened manufacturing activity due to reduced investments and political and economic uncertainty.”
HeidelbergCement updates Inform transport optimisation software 08 November 2019
Germany: After five years’ transport planning and dispatch management, Heidelberg’s Inform software has received an update. The new version features an improved user interface and decision-making engine with upgraded algorithms to increase truck fleet productivity. HeidelbergCement’s Head of Logistics Germany Silvio Günther said “On-time delivery and flexibility are vital to our cement customers. Inform’s software allows our cement customer service centre to react quickly.”
Itaci Cement plans cement plant in Ceará state 07 November 2019
Brazil: Itaci Cement has purchased 100 hectares of land in Tabuleiro do Norte in the north-eastern Brazilian state of Ceará. Diario do Nordeste has reported that the company has invested US$66m in a development, though whether this will take the form of a clinker grinding or integrated cement plant has not been disclosed. Companhia Siderúrgica do Pecém (CSP) will reportedly supply granulated blast furnace slag to the facility when operational for use as a feedstock.
HeidelbergCement shares nine-month trading report 07 November 2019
Germany: HeidelbergCement’s sales in the first nine months of 2019 were Euro14.3bn, up by 7.0% from Euro13.4bn in the corresponding period of 2018. It reached its savings target for sales and general administration costs of Euro100m 15 months ahead of schedule and cut net debt by Euro1.1bn. Bernd Scheifele, chairman of the managing board of HeidelbergCement, said “Price increases and strict cost discipline more than compensated for slightly weaker demand in the third quarter.”
Sweden: Construction and engineering conglomerate Peab’s subsidiary Swecem has engaged German-based Gebr. Pfeiffer for the supply of one MVR 2500 C-4 grinding mill at its granulated blast furnace slag (GBFS) grinding plant in Oxelösund in Södermanland. The mill has four grinding rollers and a table diameter of 2.5m, giving it a 25t/hr slag grinding capacity.
Swecem operates a concrete plant in Kungsängen. It currently uses ground granulated blast furnace slag (GGBFS) supplied by Irish-based Ecocem’s 0.7Mt/yr Dunkirk grinding plant in France.
Titan Cement records US$1.2bn nine-month turnover in 2019 07 November 2019
Greece: Titan Cement has increased its nine-month turnover by 9.7% year-on-year to US$1.21bn to 30 September 2019 from US$1.10m in the corresponding period of 2018. Net profit after tax fell by 9.9% year-on-year to US$45.3m from US$50.2m. The company noted progressive sales momentum growth throughout the period, with profitability in all regions except the Eastern Mediterranean, and projected further growth with the continued recovery of markets in Southeastern Europe.
Solidia Technologies partners with Xpansic CBL Holding Group for cement CO2 monitoring 07 November 2019
US: Solidia Technologies has partnered with Xpansic CBL Holding Group (XCHG) to develop data technology products for precise measurement of CO2 emissions and water usage in cement production. “Digital Feedstock enables industrial consumers to seamlessly connect sustainability ambitions with procurement decisions, wholly disrupting the way the cement industry meets consumer demand for accountability,” said Solidia Technologies CEO Tom Schuler.
Solidia Technologies produces reduced-CO2 concrete with lower-energy cement and water-free CO2 curing.
Japan: Sumitomo Osaka Cement has recorded sales of US$1.10bn in the six months to 30 September 2019, down by 0.9% from US$1.11bn in the corresponding period of 2018. In spite of this, as well as high fuel costs and an upgrade to its Shimizu cement terminal during the period, it increased its six-month profit by 7.5% to US$57.8m in the six months to 30 September 2019 from US$53.8m in the corresponding period of 2018.