Displaying items by tag: GCW651
Lebap Cement Plant's second phase opens in Turkmenistan
15 March 2024Turkmenistan: On 13 March 2024, President Serdar Berdimuhamedov inaugurated the second phase of the Lebap Cement Plant in the Koitendag district, Lebap province, increasing its production capacity to 1Mt/yr. The first phase has been operational since February 2013. The new facility includes 38 buildings and is designed to meet international standards, including the production of sulphate-resistant cement.
Additionally, the President announced the upcoming launch of the Baherden Cement Plant's second stage in the Ahal province, expected to produce another 1Mt/yr of cement.
Serdar Berdimuhamedov said "Advanced equipment has been installed at the plant, which will help optimise the production process and produce products that are in high demand." He added “Turkmenistan has set a course for industrialisation, import substitution and ensuring the competitiveness of domestic construction products."
Shera invests in Philippine fibre cement board plant
15 March 2024Philippines: Shera is investing US$36m to establish its first production hub in the Philippines. Announced by Thunnop Jumpasri, president and country head for Philippines and Malaysia, the move marks a significant expansion in response to the robust growth in the local construction sector.
The new facility, located in Pampanga, commenced initial operations in 2023 and is anticipated to be fully operational by October 2024. With an initial capacity of 100,000t/yr, expected to double in the coming years, the plant will create 150 jobs. After 15 years of supplying fibre cement boards from Thailand and achieving US$27m in Philippine sales last year, Shera aims for 10-15% growth in 2024.
Thunnop Jumpasri said "This will be our first plant outside of Thailand. We plan to export to other countries from the Philippines to Taiwan, Korea and some parts of China, but we prioritise the Philippines first for now."
Saint-Gobain invests in low-carbon cement technologies
15 March 2024France: Saint-Gobain is intensifying its commitment to low-carbon cement and concrete additives. The group has invested in Fortera, a start-up developing a process for low-carbon cement production. Fortera's ReCarb process reduces CO2 emissions by 70% in existing cement plants, contributing significantly to the goal of net-zero carbon cement production, especially when combined with renewable energy. Additionally, Saint-Gobain supports Ecocem, a leading company in low-carbon cement technologies in Europe, as a shareholder. Ecocem's ACT technology showcases a 70% reduction in carbon footprint compared to the average CEM II cement used in Europe.
US: On March 14, 2024, the US Environmental Protection Agency (EPA) acknowledged 103 manufacturing plants for achieving Energy Star certification in 2023, a prestigious recognition for being in the top 25% of energy efficiency in their respective sectors. These plants collectively prevented over 8Mt of CO2 emissions. Out of the 103, 11 were cement plants.
EPA Administrator Michael S Regan said “These Energy Star certified plants demonstrate that cutting the embodied carbon of our industrial products through energy efficiency doesn’t just make environmental sense, it makes economic sense.”
The industrial sector, responsible for 30% of US greenhouse gas emissions, mainly due to energy consumption in manufacturing, has seen significant improvements in these Energy Star certified plants. These facilities assess their energy performance using EPA’s energy performance indicators or the Solomon Associates Energy Intensity Index for petroleum refineries. Plants scoring at least 75 out of 100, thereby exceeding the energy efficiency of 75% of similar facilities nationwide, are eligible for this certification. Available across 21 manufacturing sectors, including cement, steel, glass, and commercial bakeries, Energy Star certification has been awarded to over 270 plants since 2006, reflecting the growing trend of energy-efficient practices in the manufacturing industry.
Spain: Cement consumption in Spain witnessed a 1.5% year-on-year decline in February 2024, marking nine consecutive months of decreases amid high interest rates, surging housing prices, and a stagnant outlook for the construction sector. According to Oficemen, February's consumption reached 1.1Mt, down from 1.2Mt in February 2023. The export sector experienced an even sharper fall, dropping 13.9% year-on-year in February 2024, continuing an eight-month decline, with a 9.8% decrease in exports from February 2023 to February 2024. Conversely, imports have risen by 11.3%.
Oficemen's general director, Aniceto Zaragoza, said “With nine months already in decline, the concern with which we observe the evolution of cement consumption and, of course, the construction sector, is accentuated.” Zaragoza called for increased collaboration between public and private institutions in public contracting processes to sustain infrastructure competitiveness. The slump in cement consumption, which has been ongoing since 2019, coincides with the European Central Bank's interest rate hikes, leading to higher mortgage costs and reduced demand in the housing market.
World: Investment firm Insight Partners has forecast a composite annual growth rate (CAGR) of 3.3% in the global green cement and concrete market between 2023 and 2030. This will result in a total value of US$990m in 2030, compared to US$806m in 2023. Regionally, the firm expects the sharpest growth in South and Central America, with a CAGR of 10% to US$7.9m in 2030. North America is expected to grow at a rate of 5.4% annually, to US$190m, followed by Europe, at 4.5% to US$226m, Middle East and Africa, at 2.9% to US$13m, and Asia-Pacific, at 1.4% to US$553m. In 2023, Asia-Pacific commanded a 61% share of the global market. Europe’s share was 20% and that of North America was 16%.
S&P upgrades Cemex to Investment Grade
14 March 2024Mexico: Standard & Poor's (S&P) has raised Cemex's long-term global scale issuer credit rating to Investment Grade (BBB-). The upgrade is attributed to Cemex's robust financial and operating performance, effective deleveraging strategy, and adaptable capital allocation.
The upgrade to Investment Grade marks a significant achievement for Cemex, reflecting its record results and consistent financial performance over several years.
"Achieving an investment-grade credit rating from S&P is a very important milestone for Cemex," said CEO Fernando A González. In 2023, Cemex reported a 25% growth in EBITDA and more than a doubling in Free Cash Flow after maintenance capex.
S&P also elevated Cemex's national scale issue-level rating in Mexico from mxAA to mxAA+.
Cemex Croatia to install solar plants with EU funding
14 March 2024Croatia: Cemex Croatia has won contracts to install solar power plants at three of its facilities, co-financed by the EU's Modernisation Fund. The company will build new solar plants at Sv. Juraj and Sv. Kajo cement plants in Kaštel Sućurac and Solin, respectively, and at the Podsused production facility in Zagreb. The total investment is valued at €5m.
The solar power plants, with a combined capacity of 6.34MW, will be installed on the roofs of these facilities. The Sv. Juraj plant will receive a 3.79MW system worth €3m, the Sv. Kajo plant a 2.14MW system valued at €1.7m, and the Podsused facility a 0.41MW system costing about €318,000. The EU's Modernisation Fund will cover 60% of the costs for the Sv. Juraj and Sv. Kajo projects and 50% for the Podsused project.
"The savings that these measures will bring to us in terms of energy consumption will increase the efficiency of our production and reduce emissions from our operations. These are just some of the projects we are planning to achieve our climate goals" said Marijan Zekić, Cemex Croatia’s project and quality assurance manager.
Neo-Eco launches low-carbon clay binder
14 March 2024France: Neo-Eco has developed a low-carbon cement binder from clay excavated during the Grand Paris Express project. The process, developed at IMT Nord Europe, involves flash-calcination at about 700°C, allowing it to replace part of the clinker and emit approximately five times less CO2 than traditional methods. Neo-Eco's director, Christophe Deboffe, said that this new ingredient could constitute 30% of cement, maintaining the cost similar to traditional binders.
To commercialise this breakthrough, Neo-Eco established Neocem, a subsidiary based near Lille. Neocem has raised €23m to build a production plant in Saint-Maximin, Oise. Strategically located near waterways and Île-de-France, the plant will directly receive excavated materials from the Société du Grand Paris.
Starting in 2025, the facility will produce 100,000t/yr of flash-calcined clay, with potential to double its capacity in the future. Deboffe sees this as just the beginning, planning to establish more plants across France and Europe to meet the cement and ready-mix concrete industry's demand.
The clay supply is estimated to exceed 100Mt, ensuring a sustainable and ample source for the binder.
The facility is supported by the French government's ‘Première usine’ initiative under the France 2030 investment plan, with funding from investors like Bpifrance and CB Green. CB Green, based in Calais, is also developing a limestone filler production plant in Dunkerque with Ecocem, pointing to a future where cement could be composed equally of flash-calcined clay, limestone filler, and clinker. Bottom of Form
Fremantle Ports unveils clinker storage dome
14 March 2024Australia: Fremantle Ports has completed the construction of a 40m-high cement clinker storage dome at Kwinana Bulk Terminal in the Outer Harbour. This dome, a first in Western Australia and the second in Australia, can store an entire 40,000t shipment of clinker.
The new storage solution links to the adjacent Cockburn Cement plant and serves BGC, another major clinker importer. The dome was chosen for its smaller ground footprint compared to traditional dry product sheds.
CEO Michael Parker said "Without clinker, industry stops. Every tonne entering Western Australia comes through Kwinana Bulk Terminal.”
The terminal imports over 1.1Mt/yr of clinker, sourced from Indonesia, Japan, Malaysia, the Philippines and the United Arab Emirates.