Displaying items by tag: oil well cement

Cuba: Corporación Cementos Cubanos’ Siguaney plant is supplying oil well cement products for Empresa de Perforación y Reparación de Pozos de Petróleo y Gas (EMPERCAP) and Australia-based Melbana. It has contracts to supply around 300t to both companies for local projects, according to the Prensa Latina news agency. It is also supplying PP-25 and P-35 types of oil well cement to the government.

Middle East: The UK-based chemical solutions Aubin Group developer and supplier has landed a two-year contract worth US $5m to make and supply additives to a Middle Eastern concrete well company. Under the deal, Aubin Group will supply the company with CFL-575, a high temperature fluid loss additive which it says is compatible with a wide range of cement types and for use in oil wells. CFL-575 sales volumes surpassed 170,000kg/yr.

Omar Raafat, Middle East North Africa general manager at Aubin Group, said “It’s a very agile product, and lots of clients are seeing success within a wide range of environments. We are now scaling up production of CFL-575 to meet this growing demand, and we are delighted to be conducting this locally at our manufacturing facility in Abu Dhabi.”

US: Martin Marietta’s full-year consolidated sales were US$5.08bn in 2021, up by 15% year-on-year from US$4.43bn in 2020. Its cement sales rose by 9.3% to US$495m from US$453m. Overall, its adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 9.7% year-on-year to US$1.53bn from US$1.39bn.

The producer said that its Texas cement shipments increased by less than 1% to 1.1Mt in the fourth quarter of 2021. It attributed the record volume to demand growth from large and diversified projects and increased oil well cement demand. Nonetheless, higher energy and raw materials costs ultimately outpaced shipment and pricing gains.

Russia: Rosneft subsidiary Vostsibneftegaz contracted SLK Cement to supply over 8000t of oil well cement to its Yurubcheno-Tokhomsk oilfield in Krasnoyark region in late 2020. The subsidiary of Italy-based Buzzi Unicem provided PZT I-G-CC-1 type oil well cement and shipped it by rail and road. It says that the oilfield is among its target markets in Ural district, alongside the Tyumensk, Khanty-Mansiysk and Yamal-Nenets oilfields.

Azerbaijan: The US-based American Petroleum Institute (API) has certificated Norm Cement’s cement plant in Baku’s Garadagh district. The Turan Information Agency News has reported that the certificate confirms that the plant meets the highest standard for oil well cement. This will enable the company to begin the export of oil well cement produced at the plant.

US: The Portland Cement Association (PCA) Market Intelligence Group has released its Spring 2021 Regional Forecasts for the Northeast, Central, West, and Southeast regions. Residential construction has been identified as the main driver of consumption growth in most regions.

The Pacific sub-region of the West is forecast to grow by 1.1% year-on-year in 2021, while the Mountain sub-region will drop by 0.7% following strong growth in 2020.

The West South Central sub-region is expected to rise by 2.3% and the West North Central by 1.2%. In the former this will be supported by residential demand and a recovery in the oil well cement market. The PCA added that he sub-region maintains very strong construction fundamentals given demand from strong in-migration and an expanding tax base.

The PCA noted that the Northeast had been hit ‘hard’ by the coronavirus pandemic but that cement consumption still grew by 0.6% in 2020. In 2021 the association has forecast growth of 0.1%. Although residential construction is expected to drive demand the association said that the region is expected to lag behind national trends in public cement consumption given, “state fiscal conditions and the characteristics of the region.”

Finally, the PCA forecasts that cement consumption in the South Atlantic sub-region will be ‘strong’ with growth of 6.8% in 2021 and 2.1% in 2022. Demand in the East South Central sub-region is also expected to be positive with consumption growth of 7.6% in 2021 and 1.9% in 2022.

Iran: Hashem Nezamabadi, the managing director of Kaveh Pars Mining Industries Development Company, says that the Mostazafan Foundation and its subsidiaries have started production of oil well cement. Subsequently the country will no longer need to import this type of cement, according to the Trend News Agency. The specialist cement will be used to support the country’s oil industry.

Saudi Arabia: Northern Region Cement has begun oil well cement production at its 2Mt/yr-capacity Arar integrated cement plant in Northern Borders Province. Mubasher News has reported that the company will begin sale of the cement in early 2021. The American Petroleum Institute (API) has certified the product.

India: Dalmia Cement (Bharat) has started producing oil well cement at its Khelrihat plant in Meghalaya. The subsidiary of Dalmia Bharat says that it is cement manufacturer to obtain a license for manufacturing oil well cement in the north east region of the country from the American Petroleum Institute (API) and the Bureau of Indian Standards (BIS), according to the Economic Times newspaper. This new unit it intended to serve markets in Assam, Tripura and Mizoram, Myanmar and Bangladesh. Dalmia Bharat has been producing oil well cement at its Dalmiapuram plant in Tamil Nadu since the mid-1980s.

US: The restoration of Anchorage Petroleum Cement Terminal in Alaska to fully functioning docking capabilities for oil well cement offloading operations after its ruin in an earthquake of 30 November 2018 will cost US$81m. At a special meeting on 23 October 2019, the port Commission voted to petition the Anchorage Assembly for a progressive tariff increase on all petroleum imports over 10 years to US$399/t from US$116/t.

The works are scheduled for completion by January 2021, with the possibility of a reduction in the rate of tariff increase subject to grants received from the state.