Displaying items by tag: Contract

Saudi Arabia: Qassim Cement has signed a US$298m contract with Sinoma International Engineering to build a fourth production line at its Buraydah plant. The new line will have a production capacity of 10,000t/day.

CEO and board member of Qassim Cement Omar Al-Omar said that the project will replace ‘outdated’, low-efficiency production equipment while optimising the plant’s existing infrastructure. Al-Omar added that the project will support the company’s sustainable growth strategy, aimed at meeting domestic demand and diversifying products in line with Saudi Arabia’s Vision 2030.

Europe: Capsol Technologies has signed a contract to deliver a feasibility study evaluating the use of its CapsolEoP® (End-of-Pipe) carbon capture technology at a European lime plant, with the potential to capture several hundred thousand tonnes of CO₂ annually. This marks Capsol’s first project in the lime sector.

Chief business development officer Johan Jungholm said “This is an important milestone in our mission to decarbonise hard-to-abate sectors like lime production and represents our first project within this industry. Initial assessments indicate that CapsolEoP® would be particularly suited for carbon capture in lime production due to the energy-efficient design of the technology – featuring low energy consumption and operating without the need for external steam.”

The European Lime Association targets carbon capture from 5–10% of kiln-related emissions by 2030, with full capture by 2050.

Malaysia: Cahya Mata Sarawak subsidiary Cahya Mata Cement has awarded a US$159m contract to Sinoma Industry Engineering Malaysia to build a new 6000t/day clinker line at its Mambong integrated plant in Kuching. The company said the project will raise annual clinker capacity from 0.9Mt to 1.9Mt, improving cost efficiency and eliminating future clinker imports. Construction will begin in August 2025, with clinker production starting by April 2027 and full commissioning by June 2027.

Group managing director Datuk Seri Sulaiman Abdul Rahman Taib said “Mambong Clinker Line 2 is a key step in strengthening Sarawak’s cement supply chain, boosting capacity, reducing import reliance and ensuring future demand reliability.”

The new line will include a 6MW waste heat recovery system and an advanced dust filtration system, while incorporating ‘locally-sourced’ alternative raw materials and fuels to reduce emissions. The company said the project will create up to 500 jobs at peak construction.

Rwanda: The government signed a 15-year industrial quarry licence agreement with cement producer Cimerwa on 17 July 2025, paving the way for a US$190m investment in a clinker plant in Musanze District, according to The New Times newspaper. The agreement aims to reduce cement imports, create jobs and support Rwanda’s infrastructure development through sustainable quarrying practices, according to a statement by the Rwanda Development Board.

Cement imports rose by 42% year-on-year to US$94m in 2024 from US$64m previously, according to data from the Ministry of Trade and Industry. On 16 July 2025, the Cabinet approved new mineral, quarry and exploration licences to boost mining in the country.

Philippines: Aboitiz Construction has signed a three-year contract with Republic Cement and Building Materials (RCBM) to deliver site-specific services at the Norzagaray plant in Bulacan, the Teresa plant in Rizal, and the Danao City plant in Cebu.

The scope includes industrial housekeeping and general upkeep at Teresa, industrial housekeeping at Bulacan and technical manpower support for maintenance at Danao. The project will source around 80% of manpower from local communities.

Ukraine: Renewable energy company Elementum Energy and Ukraine-based cement producer CEMARK, part of CRH, signed a one-year financial power purchase agreement to stabilise electricity prices, supplied from the 100MW Dniester Wind Farm to one of CEMARK’s plants.

It is the second such agreement signed by Elementum Energy, following a pilot deal in January 2025. CEMARK energy resources procurement manager Maryna Boyaryntseva said electricity costs are “one of the key components in the cost of cement and require constant attention and the introduction of new tools to influence price formation.”

Elementum Energy said one- to two-year price stabilisation tools are attractive to businesses in wartime, because they allow for a cost forecast and risk reduction without committing to a longer-term contract.

US: Microsoft has agreed to buy 0.62Mt of cement from Sublime Systems over the next 6 - 9 years. The low-carbon cement producer will supply its product from its first commercial factory in Holyoke, Massachusetts and its subsequent full-scale production factory. The purchase marks the first binding commitment for Sublime's full-scale plant, which it plans to bring online in 2030, two years after its plans to open its first commercial facility in Holyoke. The Holyoke plant is due to break ground in mid 2025.

The Somerville-based startup structured the deal using a ‘book and claim’ system that allows Microsoft to purchase cement and its environmental attributes separately when needed. The company says this approach is the first-of-its-kind in the cement industry, adapting a model previously used in renewable energy and sustainable aviation fuel markets. Under the agreement, Microsoft commits to using the environmental value of Sublime's cement in all cases, even when the physical material can't be deployed in nearby Microsoft construction projects.

“Sublime’s mission is to have a swift and massive impact measured in the amount of cement we produce and sell. So we are super-focused on increasing production,” said Leah Ellis, CEO of Sublime Systems. “We can't stop with Microsoft. We want to make sure we're supplying our material to many different types of infrastructure, so we'll also be pursuing various contracts and purchase agreements with folks who represent different types of the built environment.”

Iraq: IVI Holding has signed a US$240m engineering, procurement and construction contract with Sinoma Overseas to build a new 6000t/day cement plant in Al-Muthanna Province.

The agreement was signed in Dubai on 9 May 2025 by IVI Holding chair Hussein Shamara and Sinoma Overseas chair Linhe Zhu.

The project forms part of the Iraqi government’s US$1.17bn industrial programme for Muthanna announced in April 2025.

China: NovaAlgoma Cement Carriers has confirmed an order for a 38,000t methanol dual-fuel pneumatic cement carrier by Zhejiang Xinle Shipbuilding, for delivery in 2027.

The vessel will be chartered under a long-term contract by Holcim. Other features include an air lubricating system and a waste heat recovery system, which will recycle exhaust gases to generate electricity.

“By increasing the quantity intake and burning green methanol, the CO₂ emissions on these shipments will be reduced by more than 60% per year in comparison to current freight flows, ie 0.18Mt of CO₂ reduction over a period of 10 years,” NovaAlgoma said.

Brazil: Buzzi subsidiary Cimento Nacional has signed a 15-year power purchase agreement with renewable energy provider Casa dos Ventos for 65MW/yr of wind power from the 756MW Serra do Tigre and 360MW Babilonia Sul wind farms. The agreement will supply 100% of the producer's electricity requirements in its Brazilian facilities.

The Serra do Tigre wind farm is currently under construction in Rio Grande do Norte, but the Babilonia Sul wind farm is operational in Bahia.