Displaying items by tag: market
Russia: SibCem subsidiary Angarskcement has restarted kiln four at its plant in Angarsk after a decade of inactivity. The kiln was last used in 2010. The decision to restart the kiln was made in 2021 due to growing demand for building materials in the Irkutsk region and an increase in cement sales. Kiln four was first lit in 1960 and was later upgraded in the early 1980s. It has a clinker production capacity of 720t/day. All four kilns are now running at the cement plant.
Tanga Cement anticipates return to profitability in 2021
04 April 2022Tanzania: Tanga Cement has advised investors that it expects a ‘significant improvement’ in its results to a profit before tax in 2021, compared to a loss in 2020. The Daily News newspaper has reported that strong sales during the year contributed to the forecast result, along with a drop in finance costs due to a restructuring of debt facilities.
Tanga Cement said “The improved performance is a result of Tanga Cement’s initiative to optimise the sales, logistics and distribution, as well as its continued cost optimisation initiative.” It added “The company has been able to achieve this despite the challenging global economic and operating environment conditions.”
India: RCCPL, a subsidiary of Birla Corporation, has commenced cement despatches from its 2.7M/yr Mukutban cement plant in Maharashtra. The plant has a further grinding capacity of 1.2Mt/yr and a 40MW captive power plant. Switzerland-based ABB previously delivered electrification and automation systems to the site of the new plant in June 2020.
Canada: Lafarge Canada has converted its Richmond, British Colombia, cement plant to 100% OneCem Portland limestone cement (PLC) production. OneCem cement’s CO2 emissions per tonne are 13% below the Canadian PLC average. The Richmond plant has supplied OneCem cement to the Western Canada and US Pacific Northwest customers since 2011. Since that time, it has eliminated 1.18Mt of CO2 emissions, according to the producer.
President and CEO Brad Kohl said "Collaborating with local government and stakeholders was key to ensuring OneCem PLC’s uptake in the market, and conversion away from traditional high-intensity cement products. As industry leaders, we want to facilitate access to low carbon cements across Canada, and starting with Richmond is a big step towards making that happen."
Holcim to depart Russian market
29 March 2022Russia: Switzerland-based Holcim has announced its upcoming exit from the Russian cement market in line with its corporate value ‘to operate in the most responsible manner.’ The Global Cement Directory 2022 records a total of four Holcim cement plants in the country, commanding a capacity of 9.2Mt/yr.
Holcim’s board of directors thanked all employees currently mobilising to provide shelter, essential goods and medical supplies and other support to Ukrainians.
The group had previously suspended new capital investments into the market on 15 March 2022.
Australia: James Hardie Industries says that it has acquired land in Melbourne, Victoria, on which it plans to establish a fibre cement board plant.
Interim CEO Harold Wiens said "Adding a manufacturing site in the State of Victoria enables James Hardie to continue to meet the strong demand for our high-value building solutions in the Asia Pacific region. As we continue our strategic focus on marketing directly to the homeowner and commercialising market-led innovations, this site will help us not only meet this demand but enable the manufacturing of new innovations and existing high-value products."
France: Hoffmann Green Cement Technologies recorded sales of Euro2.38m in 2021, more than four times its 2020 figure of Euro504m. The company’s losses before interest, taxation, depreciation and amortisation (LBITDA) declined by 27% to Euro5.23m from Euro4.13m, while its net loss fell by 9.1% to Euro5.56m from Euro6.12m.
The producer confirmed its global sales target of Euro130m and EBITDA margin target of 40% by 2026, by which time it expects to have achieved sales of 550,000t/yr of its clinker-free cement in France. This would correspond to 3% of the domestic cement market. By 2026, it aims to operate four plants abroad.
Finland: Betolar has signed a letter of intent with Australia-based RISAB and the Vanadium Recovery Project to research the use of steel slag from which vanadium has been extracted in concrete production. Dow Jones Institutional News has reported that the company says that, through it Geoprime alkali-activated additive technology, the new slag source could replace 10% of the cement used in concrete production in Finland.
CEO Matti Löppönen said "We see a huge opportunity for Betolar here. If successful, we would be able to offer our customers a specific, currently unused slag of the steel industry to replace cement in concrete. Our customers already have experience in utilising other types of slag in the production of concrete using Geoprime. Utilising new side streams will expand the reach of our solution as planned.”
Betolar launched Geoprime in September 2021. It is currently developing a recipe-optimising artificial intelligence (AI) and data platform to bring together concrete producers and suppliers of slag, ash and other materials.
World: Market Research Future has forecast a 15% composite annual growth rate (CAGR) in global green cement demand between 2018 and 2023, where green cement is defined as fly ash cement, slag cement, geopolymer cement and other cements produced using alternative raw materials. Market Research Future predicts that fly ash cement’s global growth will be the sharpest due to its abundant availability. Its report concluded that cement sector strategies in response to the growth would include mergers, joint ventures and acquisitions.
Thailand: Siam Cement Group (SCG) has secured a contract with Denmark-based COBOD to provide Thai distribution services for the company’s COBOD 3D construction printers. SCG says that it will help the supplier to launch a construction sector transformation. It says that it chose COBOD’s printer as the option with the most in-market experience.
SCG International managing director Abhijit Datta said “3D construction printers have been widely used in many parts of the world with excellent results. The technology helps reduce waste and increase construction times with foolproof simulation and minimal numbers of labourers.” He continued “Together with COBOD, we will improve Thailand’s construction market with the future expectation of extending cooperation in the ASEAN. With our regional expertise and domestic solid business alliance relationship, we are ready to assist our partner in achieving long-term success.”