
Displaying items by tag: GCW698
Pakistan cement exports increase by 5% from July 2024 – January 2025
24 February 2025Pakistan: Cement exports rose by 5% year-on-year to US$188m in the first seven months of the 2024 financial year, while volumes increased by 35% year-on-year to 5.27Mt, according to the Pakistan Bureau of Statistics (PBS).
The country's cement exports grew by 40% year-on-year to US$20.6m in January 2025, but fell by 35% month-on-month from US$31.9m in December 2024. This suggests strong international demand, accompanied by short-term fluctuations in global shipments.
Global Cement and Concrete Association launches Innovandi Open Challenge 2025 for low-carbon concrete
21 February 2025Global: Global Cement and Concrete Association (GCCA) has launched the Innovandi Open Challenge 2025, inviting start-ups to wok together with cement manufacturers around the world in developing low carbon concrete technologies.
The Open Challenge is looking for start-ups working on next generation materials for net zero concrete, including low-carbon admixtures, supplementary cementitious materials, activators or binders. The challenge aims to find ways to reduce clinker use and incorporate new materials to lower CO₂ emissions.
The programme follows three previous Open Challenges.
Chief executive Thomas Guillot said "Advanced production methods which are decarbonising our sector are already being used in cement and concrete production in many parts of the world. Through the Innovandi Open Challenge, start-ups can bring in even newer ideas and further accelerate our industry's push."
“If you are a start-up from anywhere in the world with an innovative idea or technology, then we want to hear from you."
Start-ups can find more information and apply to take part in the Innovandi Open Challenge by going to the GCCA Open Challenge 4 webpage: Innovandi Open Challenge 4 : GCCA
Belgium: Gebr. Pfeiffer has received an order for an MVR 5000 R-4 vertical roller mill. The mill is intended for a new 4800t/day line at Holcim Belgique's Obourg cement plant, the site of the GO4ZERO decarbonisation project.
The mill will grind 370t/hr of cement raw material to a fineness of ≤15%R to 0.090mm and reduce moisture content from 4% to <0.7%. The mill is expected to reduce both emissions and specific operating costs.
Chinese contractor CBMI is managing the installation, with commissioning planned for the second half of 2025. The mill will be integrated into the plant's oxyfuel operations to achieve efficiency in the CO2 capture process.
Adani Group to invest US$3bn in Kerala
21 February 2025India: Adani Group will invest US$3bn in Kerala over the next five years. The group will reportedly develop a logistics and e-commerce hub in Kochi and expand its cement capacity in the city.
The producer has already invested US$577m in developing the Vizhinjam port, and according to Adani Ports managing director Karan Adani, the company is investing an additional US$2.3bn.
Brazilian cement cartel investigation results in US$1.75m fines
21 February 2025Brazil: The Administrative Council for Economic Defence (CADE) has convicted two individuals for operating a cartel in the Brazilian cement sector and ordered them to pay fines of US$1.75m.
The investigation began in 2016, stemming from a wider probe into a Brazilian cement sector cartel. The individuals exchanged emails and attended meetings to allocate market share and manipulate public procurement prices to restrict competition and entry of new competitors in the market.
Cement production up in Kyrgyzstan in January 2025
21 February 2025Kyrgyzstan: Cement production rose by 20% year-on-year to 118,000t in January 2025, according to the National Statistical Committee.
The country's cement production increased by 4% year-on-year to 3.1Mt in 2024. Cement imports rose by 120% to 0.5Mt.
FLSmidth reports 2024 financial results
20 February 2025Denmark: FLSmidth's cement revenues fell by 26% year-on-year to US$616m in 2024.
Cement gross profit fell by 3% to US$204m. The producer attributed the decline to divestments and withdrawal from project-orientated business.
Group revenues, including both the Mining and Cement businesses, fell by 16% year-on-year to US$2.8bn. Group gross profit rose by 8% year-on-year to US$905m.
The company said that it expects the short-term outlook for the cement industry to remain impacted by ‘macroeconomic uncertainty’.
Cimento Nacional signs wind power contract
20 February 2025Brazil: 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.
Terra CO2 raises US$82m to scale sustainable cement technology
20 February 2025US: Terra CO2 has raised US$82m in Series B funding from investors including Eagle Materials, GenZero and Just Climate. The company will build its first commercial facility in Dallas-Fort Worth, Texas, in partnership with Asher Materials.
With the help of Eagle Materials, the company will establish multiple 240,000t/yr plants across North America. The US Department of Energy has also awarded Terra CO2 with a grant of US$52.6m for a second commercial facility. The producer has begun concrete trials of its Opus Zero cement-free product, designed to completely replace ordinary Portland cement in concrete. It will complete a second funding round in the first quarter of 2025.
“This strategic funding from the world’s leading climate funds and industry partners validates our approach to practical cement decarbonisation at commercial scale,” said Bill Yearsley, CEO of Terra. “As we break ground on our first full-scale plant in Texas, their support enables us to accelerate deployment across North America and establish an early footprint in Europe.”
Taiwan government confirms Vietnamese cement dumping
20 February 2025Taiwan: The Ministry of Finance has issued preliminary findings in its anti-dumping investigation into Vietnamese cement and clinker, confirming that Vietnamese firms engaged in dumping. Six out of 21 investigated producers had dumping margins of 16 - 20%, while others faced a margin as high as 24%. Long Son Cement recorded the lowest margin at below 17%, the only producer below the level initially alleged by the Taiwan Cement Manufacturers Association.
The Ministry of Economic Affairs has not imposed provisional duties due to lack of evidence of ongoing damage to domestic producers. The investigation began in August 2024 and will now continue its final phase.