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Displaying items by tag: Government

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Second Covid-19 wave expected to reduce quarterly Indian cement sales by 25%

15 June 2021

India: Ratings agency ICRA has forecast a 25% year-on-year decline in cement sales during the first quarter of the 2022 financial year to 30 June 2021. Domestic cement demand fell by 4% year-on-year and by 35% month-on-month in April 2021, according to the Press Trust of India. The agency said that this was due to the spread of the Covid-19 outbreak to rural areas and the imposition of numerous regional lockdowns. Pent-up demand is expected to drive a gradual recovery in the second quarter from July 2021. Costs for cement companies increased by 5% nationally year-on-year in April 2021. Increased fuel, power and transport costs all contributed to the rise.

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Rock Hard Cement to increase prices in Trinidad and Tobago

14 June 2021

Trinidad and Tobago: Rock Hard Cement says it intends to raise the price of its imported cement in July 2021 due to increasing prices around the world and volatile shipping rates. It added that it expected prices to stabilise in 2022, according to the Trinidad Express newspaper. Cement shortages have been reported at retailers in the country. This has been attributed to local manufacturer Trinidad Cement stopping production in early May 2021 dye to government coronavirus-related health regulations.

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US may lack cement capacity for government’s proposed US$2.2tn infrastructure plan

08 June 2021

US: The Boston Globe newspaper has reported that the single biggest threat to the US government’s planned industrial reinvigoration based around a US$2.2tn federal infrastructure spending plan is a shortage of resources. The newspaper named a lack of workers and cement mills as particular concerns. It reported that the National Association of Home Builders has called for tariffs to be cut for certain key building materials such as lumber and that more cement should be imported.

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China Concrete appeals against licence rejection for Yau Tong concrete plant cement storage facility

08 June 2021

China: China Concrete has appealed against the Environmental Protection Department’s decision to reject its application to renew its licence to operate the cement storage facility at its Yau Tong concrete plant in Hong Kong. The concrete producer said that the rejection was both unfounded and unconventional. The Harbour Times newspaper has reported that the company alleged that state-owned local property developers Minmetals Limited, Qingjian Realty and Yuexiu Property pressured the authority.

Managing director Bono Tsang said, “As early as May last year, we expressed to the government our willingness to relocate the plant despite a huge investment cost, and we proactively proposed tentative locations. Our idea is to build a high-tech, pollution-free and environmentally friendly indoor concrete plant. It will become a model for similar plants around the world.”

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Lehigh Cement and Keystone Cement abandon planned merger

07 June 2021

US: HeidelbergCement subsidiary Lehigh Cement and Keystone Cement have stepped away from an agreement to merge their businesses. The Federal Trade Commission (FTC) voted to challenge the proposed merger in late May 2021.

FTC Bureau of Competition acting director Maribeth Petrizzi said, “This is great news for cement customers in eastern Pennsylvania and western New Jersey. The FTC voted 4-0 to challenge this transaction because it would have reduced the number of significant competitors in the market for grey Portland Cement in this region from four to three. I’m grateful to the bureau’s staff for their tireless efforts throughout this investigation, but also to our partners in the Pennsylvania Attorney General’s Office, who worked closely with us to ensure that cement customers in this region will continue to benefit from competition between Lehigh and Keystone.”

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Lone Star Industries to upgrade Greencastle cement plant and pay US$700,000 pollution fine

07 June 2021

US: Italy-based Buzzi Unicem subsidiary Lone Star Industries has concluded a settlement with the US Department of Justice, the Environmental Protection Agency and the state of Indiana over Clean Air Act violations at its integrated Greencastle plant in Indiana, dating from 2010 to the present day. The Indy Star newspaper has reported that under the terms of the settlement the producer must pay a fine of US$700,000. The authorities ordered the company to upgrade the plant in line with state and federal pollution regulations. The violations involved emissions of particulate matter that exceeded state and federal limits.

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Committee reviews wildlife impacts of Reliance Cement’s Yavatmal cement plant plan

04 June 2021

India: The Maharashtra parliament has formed a four-member committee to review the possible wildlife impacts of Birla Corporation subsidiary Reliance Cement’s planned Yavatmal cement plant in Mukutban, Maharashtra. The Times of India has reported that the plant received Stage II environmental clearance in 2018. In 2019, dry forest due for clearance under the plant plans was found to constitute part of a tiger corridor. As a result, Reliance Cement must apply to the Maharashtra State Board for Wildlife. The parliamentary committee will visit the site and prepare a report for the board.

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LafargeHolcim to settle Cuban confiscated property lawsuit

03 June 2021

Cuba: Switzerland-based LafargeHolcim has agreed in principle to settle a US court case regarding alleged trafficking in private property previously confiscated by the Cuban government. The Miami Herald newspaper has reported that the group is preparing to pay the claimant compensation. In the complaint, the plaintiffs had claimed the current market value of the property was an estimated US$270m, plus legal fees, interest and other costs could be involved. An agreement is expected to be reached by late June 2021.

In late 2020 a court in Florida, US accepted a request for damages from LafargeHolcim to over 20 parties from Cuba whose land was nationalised and subsequently had a cement plant built on it. The claim alleged that Switzerland-based Holderbank had held a stake in the partly-state owned Carlos Marx cement plant near Cienfuegos since 2001. Holderbank later became Holcim and then LafargeHolcim. The plaintiffs have been aided by a change in US law allowing Cubans to claim damages in US courts for expropriated property from private companies which profited from them.

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Abyek Cement Complex relaunches production line at Abyek plant

02 June 2021

Iran: Abyek Cement Complex has relaunched a 8500t/day production line at its plant in Abyek, Qazvin province following repairs. Alireza Razm Hosseini, head of the Ministry of Industry, Mine and Trade, attended the event. The production line is the largest in the country, according to the ministry. Cement produced at the plant will be exported.

The Tehran Times newspaper has reported that the relaunch brings the total national capacity to 80Mt/yr across 74 plants. Domestic demand was 70Mt in the 2021 financial year, which ended on 21 March 2021.

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Cement Association of Canada and Canadian government to develop roadmap to net-zero carbon concrete

02 June 2021

Canada: The Cement Association of Canada (CAC) and the government have published a joint statement detailing their plant to develop a roadmap to net-zero carbon concrete. When launched in December 2021, the roadmap will provide Canadian cement producers with the policies, tools and technologies to contribute to the achievement of net-zero concrete by 2050. The plans will cover areas including: supporting the low-emissions building materials supply chain, building an innovative opportunities framework and engaging stakeholders. According to the statement, the roadmap will offer total potential CO2 reduction of 15Mt by 2030, and 4.0Mt/yr thereafter.

The partnership will establish a CAC-led Industry-Government Working Group in collaboration with the National Research Council the Standards Council of Canada and Innovation, Science and Economic Development. Among its tasks will be the publication of updated environmental product declarations.

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