Displaying items by tag: GCW547
Cementir Holding launches Futurecem limestone calcined clay cement in the Benelux and France
04 March 2022Benelux/France: Cementir Holding has introduced its Futurecem limestone calcined clay cement into the Benelux and French cement markets. Futurecem cement applies Cementir Holding’s patented processes to substitute over 35% of clinker in cement with limestone and calcined clay, preserving the cement’s strength and quality while reducing its carbon footprint by 30% compared to ordinary Portland cement (OPC).
Cementir Holding previously rolled out Futurecem cement in Denmark in 2021. In 2022, it plans to launch InBind high performance concrete (HPC) and ReCover ultra-high performance concrete (UHPC) to expand its range of HPC and UHPCs using Futurecem technology.
Eddy Fostier, managing director of Cementir Holding’s Belgian subsidiary CCB, said “Thanks to the joint efforts of the group and CCB teams, Futurecem technology is the main pillar for CCB’s low carbon transition within the Group roadmap. This product technology is matching customer needs, highlighted through a specific survey carried out across the most relevant market areas and applications.” Fostier concluded “I’m fully convinced that Futurecem will play a relevant role in the decarbonisation of the construction industry, where cement and concrete are essential building materials both in the present and in the future.”
Pakistan: All Pakistan Cement Manufacturers Association (APCMA) members exported 405,000t of cement in February 2022, down by 34% year-on-year from 616,000t in February 2021. Domestic deliveries also dropped, by under 1% to 3.95Mt from 3.96Mt. Amid the declines, Pakistani cement producers have reported a steep rise in their costs due to increases in international freight rates and coal prices and the country’s on-going ban on trade with neighbouring India. Cheaper Iranian cement has undercut Pakistani cement sales to Bangladesh, while the Afghan market has yet to recover following the withdrawal of peacekeeping forces.
CRH’s sales and earnings climb in 2021
03 March 2022Ireland: CRH’s consolidated sales rose by 12% year-on-year in 2021 to Euro28bn. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) for the year rose by 16% to Euro4.83bn.
CEO Albert Manifold said "Our 2021 performance reflects the outstanding commitment and resilience of our people as well as the benefits of our integrated, customer-focused business strategy. Despite an inflationary input cost environment, we expanded our margins and delivered good growth in profits, returns and cash generation. This further underpins our strong and flexible balance sheet, providing us with significant opportunities for future growth and value creation.” Looking to the future, Manifold said “While the demand backdrop remains favourable across our markets, there are a number of challenges and uncertainties which we must continue to manage carefully as we look to deliver further value for our shareholders in the year ahead."
Sika acquires Sable Marco
03 March 2022Canada: Switzerland-based Sika has acquired cement products and mortars company Sable Marco. The group hopes that the acquisition will open new opportunities for it in Eastern Canada. Sable Marco reportedly generated full-year sales of US$21.7m in 2021.
India: Dalmia Bharat Group’s refractories subsidiary Dalmia-OCL has consolidated its businesses as Dalmia Bharat Refractories. The company said that the consolidation aims to strengthen the businesses’ financial standing, increase investment capabilities and positioning the new entity as a trustworthy and long-term partner for its customers in the cement industry.
Dalmia Bharat Refractories managing director and CEO Sameer Nagpal said "Our refractory business was divided into different companies which resulted in division of our financial, managerial and technical resources. This consolidation will lead into a more centralised, efficient and a robust management system with a stronger resource base for the future. The formation of Dalmia Bharat Refractories will allow us to offer a wider portfolio of products and services and deeper client relationships.” Nagpal added that the consolidation ‘Will enable us to become an alternative supply source to China in international markets.’
Titan America commences Type IL Portland limestone cement sales in New Jersey and New York City
03 March 2022US: Titan America’s Essex cement distribution facility at the Port of Newark, New Jersey, has made its first dispatches of Type IL Portland limestone cement (PLC) to New Jersey and the New York Metropolitan Area. The producer said that the Essex terminal is due to complete its transition to 100% reduced-CO2 cement dispatches in 2022. Titan America says that it is the leading supplier of Type IL PLC on the US domestic market.
Sales Manager Joe Tedesco said “We see an increase in demand as infrastructure money is budgeted by transportation agencies requiring construction with the use of lower-carbon cement.”
Malaysia: India-based Larsen & Toubro Ltd and Tamco Switchgear (Malaysia) have filed a patent application for a jointly developed switchgear panel structure. The companies’ customers include cement producers in Malaysia.