Displaying items by tag: GCW539

Burundi: The Ministry of Commerce, Industry and Tourism has asked the Burundi Cement Company (BUCECO) to hold a consultation with the government about price rises the company announced at the end of December 2021. It also requested that the cement producer suspend the change in prices, according to the Le Renouveau newspaper. In correspondence the ministry reminded the company that it had benefited from tax and customs breaks previously agreed with the government under the Burundian Investment Code.

Egypt: Capriole subsidiary EGY Crete plans to establish a concrete products plant in Beni Suef Province by 2024. The plant will produce paving slabs, among other products.

India: Sagar Cements has announced the commissioning of its 1.5Mt/yr Jajpur grinding plant in Odisha. The plant commenced operations in early January 2022, slightly behind its scheduled December 2021 commissioning date. Jajpur Cements received clearance for the plant in September 2020 and invested US$41m in its construction.

India: Axis Bank subsidiary Axis Securities has predicted a 4 – 6% year-on-year drop in Indian cement sales volumes during the third quarter of the 2022 financial year, which ended on 31 December 2021. The Hindu newspaper has reported the reasons for the predicted drop as extended monsoons, especially in the south of the country, and a construction ban in the National Capital Region due to pollution. Monthly sales grew slightly year-on-year in December 2021.

Axis Securities has also forecast a revival of demand in the fourth-quarter, driven by infrastructure and housing projects. Overall, it expects national demand for cement to grow by 8 – 9% in the 2022 financial year.

China: Hoffmann Green Cement Technologies has secured a Chinese patent for its high performance alkaline activation (H-P2A) geopolymer technology. The patent will enable it to begin to market its clinker-free cement in the country.

Co-founders Julien Blanchard and David Hoffmann said "We are very proud to extend the intellectual property of our H-P2A technology to a market with such great potential as China. The achievement of this first milestone marks our commitment to raising the barriers to entry in as many markets as possible around the world."

UK: Ecocem has reported the successful delivery of the first batch of its Exegy ultra-low CO2 concrete at the site of the upcoming EcoPark South waste management hub at Edmonton EcoPark in London. Infrastructure construction company Taylor Woodrow carried out the work. Ecocem says that Taylor Woodrow used Ecocem Ultra concrete from the new Exegy range, reducing the carbon footprint of the project’s concrete by 70%.

Ecocem says that it has secured contracts for the supply of Ecocem Ultra concrete to the sites of the upcoming Grand Paris Express transport link and Paris Athletes’ Village in Paris in Paris, France.

France: Holcim has entered into an agreement to acquire speciality building products supplier PRB Group. PRB Group produces coatings, insulations, adhesives and flooring systems. Holcim says that the company’s product range compliments its own and expands its reach in the high-growth repair and refurbishment market. PRB Group employs 700 people its five plants, 26 warehouses and its research and development centre. Its estimated net sales in 2022 are Euro340m.

Holcim chief executive officer Jan Jenisch said “We are off to a strong start to the new year, on our way to welcoming the PRB Group into the Holcim family. This is another exciting step in the expansion of solutions and products, advancing our Strategy 2025 – Accelerating Green Growth. I am highly impressed by the outstanding achievements of the Laurent family as well as by the expertise and passion of the entire PRB team. I look forward to warmly welcoming all employees into Holcim and to invest in our next era of growth together, with a continued focus on innovation, sustainability and branding.”

Montenegro: State-owned energy supplier Elektroprivreda Crne Gore (EPCG) has proposed the gradual shutdown of its Pljevlja coal-fired plant and its replacement with a new cement plant. The company said that such a plant would eliminate Montenegro’s 750,000 – 800,000t/yr of cement imports.

The first stage of the Pljevlja power plant’s shutdown will only commence once a replacement power facility is online. Currently, the plant supplies 40% of the country’s energy. Its closure is part of Montenegro’s plan to accede to the EU as soon as 2025.

India: Locals in Odisha’s Malkangiri district gathered in the town of Katamataru on 9 January 2022 to protest plans for the establishment of a new Dalmia Cement (Bharat) cement plant in the area. The New Indian Express newspaper has reported that protestors allege that the state government did not conduct the proper tendering procedures for the proposed plant. More than 2000 people, wielding traditional tribal weaponry, gathered at an assembly. They resolved not to vote at upcoming village council elections if the government continues not to listen to their objections.

US: Lehigh Hanson has finalised arrangements for its acquisition of ready-mixed concrete and aggregates producer Corliss Resources. The company sold 300,000m3 of ready-mixed concrete and 2Mt of of aggregates in 2021. Its operations cover the Greater Seattle, Washington, area.

Dominik von Achten, chair of Lehigh Hanson’s parent company, Germany-based HeidelbergCement, said “The acquisition of the Corliss operations is a great strategic fit with our already strong presence in cement, aggregates and ready-mixed concrete in the Pacific Northwest. The transaction significantly enhances our vertically integrated position in one of the fastest growing US markets. We welcome the 230 Corliss employees to the HeidelbergCement family and look forward to accelerating their growth together."