
Displaying items by tag: GCW586
BUA Cement allegedly considering legal action over gas price rise
06 December 2022Nigeria: The Daily Independent newspaper has reported that BUA Cement is allegedly preparing a 'multi-million dollar lawsuit' against its gas supplier, Greenville Liquefied Natural Gas (Greenville LNG). The supplier reportedly raised prices, as stipulated in the parties' gas supply contract, following an increase in its costs. Greenville LNG attributed the increase to the dilapidation of roads and collapse of upstream gas infrastructure due to flooding, as well as a lack of access to imports. It said that none of its 44 other industrial customers has challenged the price change.
Greenville LNG chair Eddy Van Den Broeke said "It is not a breach of contract because not only are we continuing the gas supply to the BUA cement plant in Sokoto, but also because we are discussing in good faith the changed business and economic conditions that afflict both companies." He concluded “In this case, we only activated the contractual price adjustment clause. We cannot explain how it is possible that social media misrepresented so grossly the present circumstances and the conditions of our contract, which were not reflected at all."
Colacem to shut Maddaloni cement storage facility
06 December 2022Italy: Colacem has issued notices of dismissal to the remaining seven employees at the site of the former Maddaloni cement plant, now a cement storage facility. The Il Mattino newspaper has reported that the producer has offered all workers bonuses in exchange for their resignations.
Cement production at the Maddaloni site in Campania ceased in late 2021, after a period of grinding-only operations following the shutdown of the kiln in 2019.
Sanghi Industries secures financing from Kotak Investment Advisors
06 December 2022India: Sanghi Industries has borrowed US$60.6m from Kotak Investment Advisors. The cement producer secured the funds in the form of non-convertible debentures (NCDs).
Sanghi Industries produces its Sanghi Cement brand cement in Gujarat.
Cemex Dominicana partners with Nestlé Dominicana for alternative fuel co-processing
06 December 2022Dominican Republic: Cemex Dominicana has announced the signing of a new sustainability agreement with food producer Nestlé Dominicana. Under the agreement, Cemex Dominicana will co-process Nestlé Dominicana's non-recyclable high-calorific solid industrial waste as alternative fuel (AF) in its cement plant.
Cemex's Dominican Republic, Puerto Rico and Haiti regional director José Antonio Cabrera said "This agreement with Nestlé allows us to continue promoting our Future in Action strategy by operating our cement plant with AF." He concluded "We are committed to becoming a net-zero CO2 company."
Siam Cement Big Bloc Construction Technologies to build new concrete panel and block plant
06 December 2022India: Siam Cement Big Bloc Construction Technologies has bought 60,000m3 of land at Ramosadi in Gujarat's Kheda District. The concrete producer informed the BSE Exchange that it plans to build an autoclaved aerated concrete (AAC) panel and block plant at the site.
UltraTech Cement commissions two new Northern Indian grinding units
05 December 2022India: UltraTech Cement says that it recently commissioned two new grinding units in Northern India. The Aditya Birla subsidiary commissioned a new 1.8Mt/yr grinding unit at its expanded Dhar integrated cement plant in Madhya Pradesh on 27 November 2022. The company also inaugurated its new 1.8Mt/yr Dhule grinding plant in Maharashtra. The projects form the first phase of 12.9Mt/yr-worth of planned expansions, announced by the company in late 2020.
UltraTech Cement's managing director Kailash Jhanwar visited the Dhar cement plant to congratulate the team there on its contribution to the expansion drive.
Vietnam: Thailand-based Siam City Cement has launched construction of Mill 2 of its 1.3Mt/yr Thi Vai grinding plant in Ba Ria-Vung Tau Province. Việt Nam News has reported that the company plans to invest US$35m in the project.
The Thi Vai grinding plant cost US$53m when built in 2003.
Votorantim Cimentos tightens CO2 reduction targets
05 December 2022Brazil: Votorantim Cimentos has revised its Scope 1 CO2 emissions reduction goal down to 475kg/t of cementitious product by 2030, from 520kg/t previously. The new target is 8.7% lower than the previous one, which it set in November 2020. Votorantim Cimentos previously reduced its emissions per tonne by 20% between 1990 and 2021. The group's targeted reduction from a 2018 base year now equates to 25%. The Science-Based Targets Initiative (SBTi) validated the ambitious target on 1 December 2022.
Votorantim Cimentos expects to achieve its aim through increased alternative fuel (AF) co-processing, substitution of supplementary cementitious materials, improved efficiency and use of renewable power and the development of new technologies, including carbon capture.
The group's global sustainability, institutional relations, product development and engineering director Álvaro Lorenz said “The fight against the negative effects of climate change is at the heart of our strategy and reflects our focus on competitiveness and on creating a positive legacy. The most competitive businesses will be those with the lowest greenhouse gas emissions. After all, the environmental crisis is also an economic and social crisis. The validation of our new target by SBTi reinforces our commitment and continuous efforts toward the net-zero agenda.”
India: Ecologists have established a connection between the activities of cement plants in Khrew, Kashmir, and massive disruptions to local red deer herds. The deer, known locally as hangul, are now mainly restricted to one national park throughout their 600km-long historic range. Scroll News has reported that Khrew, where eight cement plants are situated, adjoins forest forming an important corridor for hanguls. Local conservation campaigners say that cement plants' incursion on traditional grazing land has driven farmers' herds into this ecologically important forest.
Some zoologists class the hangul as a species in its own right. The International Union for the Conservation of Nature categorises the animal as critically endangered.
Fauji Cement wins fire safety award
05 December 2022Pakistan: Fauji Cement is among 50 Pakistani industrial companies to win a prize at the 12th Fire Safety 2022 on 4 December 2022, the Balochistan Times has reported. Fire Protection Industry of Pakistan (FPIP) and the National Forum for Environment and Health (NFEH) selected the winners for their fire safety investments, training time, awareness practices and state of equipment, with the aim of controlling incidents of fire and saving lives.