September 2024
Eurocement upgrades Karachay plant 29 October 2019
Russia: Eurocement Group’s subsidiary Kavkazcement has installed a gas-piston power plant at its 4Mt/yr clinker production plant in Karachay in the Karachay-Cherkass republic. The US$20.4m project forms part of a US$39.2m investment in the plant by the company and regional government, which includes the construction of an automated packing and shipping facility. Eurocement Group president Mikhail Skorokhod spoke of the impact of the power plant in terms of ‘improving energy efficiency and environmental friendliness, as well as cutting production costs.’
Japan: Taiheyo Cement’s 1.4Mt/yr integrated Saitama cement plant is to receive a 53,000MWh/yr waste heat recovery (WHR) unit. The company says that the installation, which will become operational in September 2022, will reduce carbon dioxide (CO2) emissions by roughly 27,000t/yr.
Najran Cement shows third-quarter profit in 2019 29 October 2019
Saudi Arabia: Najran Cement has reported a net profit after tax in the three months to 30 September 2019 of US$3.77m, compared to a loss in the third quarter of 2018 of US$6.33m. Its earnings rose by 81% year-on-year to US$25.9m from US$14.4m. The company, whose total capacity at its Najran integrated cement plant is 5.6Mt/yr, made operational and personnel changes over the period, including appointing Mohammed Bin Manaa Bin Sultan Aballa as its new chairman in September 2019.
Tarmac partners with Port of Tilbury for construction of UK’s largest materials aggregates terminal 29 October 2019
UK: Tarmac has announced plans for the construction of a materials terminal including aggregate processing and manufacturing facilities at the Thames’ new Tilbury2 port in Essex. The terminal will be able to receive vessels of up to 0.1Mt. Tarmac and the Port of Tilbury will develop the site from late 2019, ending in the establishment of operations before 2021.
South Texas Cement receives Siwertell unloader 29 October 2019
US: Bruks Siwertell, the producer and installer of conveying and storage systems for cement and other dry bulk materials, has delivered a fully-assembled Siwertell ST 640-M, the screw-type ship unloader to South Texas Cement’s Corpus Christi port terminal. The suppliers have announced that they await clearance from South Texas Cement and GCCM Holdings to commence testing and commissioning of the turnkey installation, which the latter ordered in September 2018. Bruks Siwertell rates the cement handling capacity of unloaders of the ST 640-M type at 1500t/hr.
Górażdże Concrete achieves Polish first with Concrete Sustainability Council certification 29 October 2019
Poland: The Swiss-based Concrete Sustainability Council (CSC) has acknowledged Górażdże Concrete’s sustainable management of resources in the concrete production process. Przemysław Malinowski, Górażdże president, stated that the company has sought to ‘minimise its impact on the environment in all areas of the supply chain.’ This included sourcing its cement from producers who demonstrate effective waste heat recovery and alternative fuel substitution practices, with a view to promoting the circular economy.
The World Business Council for Sustainable Development (WBCSD) established the CSC to promote care for the economic, social and environmental impacts of concrete production by auditing the entire production process. In a Polish concrete sector of 25Mm3/yr total production capacity, Górażdże is the sole holder of CSC certification.
Anhui Conch increases third quarter net profit to US$602m 28 October 2019
China: Anhui Conch’s three-month net profit to 30 September grew by 13% year-on-year to US$602m in 2019 from US$533m in 2018. The company attributed this to a leap in total operating income to US$5.53bn over the period compared to US$4.54bn in the third quarter of 2018, representing an increase of 22%.
Cemex’s third-quarter gross profit and operating EBITDA fall 28 October 2019
Mexico: Cemex has reported a gross profit in the three months to 30 September 2019 of US$3.34bn, down by 8.0% year-on-year from US$3.64bn. Its operating earnings before interest, taxes, depreciation and amortisation (EBITDA) were US$1.88bn, down by 11% year-on-year from US$2.11bn in the three months to 30 September 2018. The company stated that lower volumes offset higher sale price in all regions.
China Resources Cement’s nine-month profit falls 28 October 2019
China: China Resources Cement (CRC), China’s seventh-largest producer of cement, has reported a net profit for the nine months to 30 September 2019 of US$739m, down by 4.9% year-on-year from US$775m in the corresponding period of 2018. Its third quarter profit in 2019 was US$259m, down by 1.9% year-on-year from US$264m. CRC attributed the fall to lower turnover and the weak performance of the Yuan compared to the Hong Kong Dollar.
Huaxin Cement shows nine-month net profit boom 28 October 2019
China: Huaxin Cement has reported a net profit of US$680m for the period of nine months to 30 September 2019. This represents a 42% year-on-year increase from US$478m in the corresponding period of 2018. Its operating income over the period grew by 18% year-on-year to US$3.18bn from US$2.69bn. Huaxin Cement made several investments in emerging markets over the period, with its Uzbek plant in Zarafabad set to become operation in December 2019.