Smarter deducting - Longer filter life - See CK Injector at POLLUTEC Lyon, 7 - 10/10/2025 - CK World
Smarter deducting - Longer filter life - See CK Injector at POLLUTEC Lyon, 7 - 10/10/2025 - CK World
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03 August 2022

Abdullah bin Odeh Al-Ghabeen Al-Enezi appointed as chair of Al Jouf Cement

Written by Global Cement staff

Saudi Arabia: Al Jouf Cement has appointed Abdullah bin Odeh Al-Ghabeen Al-Enezi as its chair. It follows the resignation of Mohammed Saeed Attia in mid-July 2022.

Published in People
Tagged under
  • Saudi Arabia
  • Al Jouf
  • GCW568
03 August 2022

Star Cement's sales rise as profit drops in first quarter of 2023 financial year

India: Star Cement recorded sales revenues of US$82.3m in the first quarter of its 2023 financial year, up by 29% year-on-year from US$63.9m in the first quarter of the 2022 financial year. The producer's net profit dropped by 24% year-on-year to US$5.23m from US$6.86m. This was primarily due to a 34% rise in operating expenses toUS$72.5 from US$54.6m.

Published in Global Cement News
Tagged under
  • India
  • Star Cement
  • Results
  • GCW568
03 August 2022

Shree Digvijay Cement's increased sales fail to produce profit in first quarter of 2023 financial year

India: Shree Digvijay increased its sales by 3.9% year-on-year to US$20.4m in the first half of the 2023 Indian financial year, from US$19.6m in the first quarter of the 2022 financial year. Despite this, higher costs resulted in a 21% fall in the producer's net profit to US$2.17m from US$2.75m.

Published in Global Cement News
Tagged under
  • India
  • Shree Digvijay Cement
  • Results
  • GCW568
03 August 2022

Golden Bay Cement to review viability of cement production

New Zealand: Golden Bay Cement says that proposed changes to New Zealand's emissions trading scheme (ETS) would force it to review the viability of cement production at its 0.9Mt/yr Portland cement plant in Whangārei, Northland. The Northern Advocate newspaper has reported that the government proposes to reduce the number of ETS credits available to industrial enterprises under free allocation from 2024.Since the scheme's introduction in 2008, highly emissions-intensive businesses such as Golden Bay Cement have enjoyed 90% free allocation of ETS credits for their emissions.

Published in Global Cement News
Tagged under
  • New Zealand
  • Golden Bay Cement
  • Emissions Trading Scheme
  • Government
  • CO2
  • Plant
  • GCW568
03 August 2022

Indonesian cement demand forecast to rise by 33% from start of Nusantara construction

Indonesia: A Bandung Institute of Technology (ITB) academic has estimated a 33% rise in Indonesian cement consumption to 84Mt/yr from the start of construction of the country's planned new capital city, Nusantara, and for the following 20 years during which the city is under construction. National coal consumption is forecast to rise accordingly, by 9% to 126.5Mt/yr. Mongabay News has reported that the Indonesian government has more than tripled the coal domestic market obligation for cement production to 15Mt/yr in 2022 - 2025, from 4.5Mt in 2021.

The site of Nusantara sits on the present border between North Penajam Paser and Kutai Kartanegara districts. Construction of the city's upcoming government district is beginning in August 2022. 100,000 workers will be engaged in the first phase of construction. A researcher at Beihang University, China, has reportedly estimated that the eventual 10m people-strong city will consume 60Mt of cement for residential construction alone.

Published in Global Cement News
Tagged under
  • Indonesia
  • market
  • demand
  • GCW568
  • Bandung Institute of Technology
  • Forecast
  • Coal
  • Consumption
  • Infrastructure
03 August 2022

Cementos Argos to increase Colombian aggregates capacity to 4.5Mt/yr

Colombia: Cementos Argos has shared plans for an 80% increase to its planned aggregates production capacity in Colombia to 4.5Mt/yr by 2024. In 2022, the company predicts that its aggregates business will contribute full-year earnings before interest, taxation, depreciation and amortisation (EBITDA) of US$2.8bn.

Colombia's annual aggregates consumption is 130 - 140Mt/yr.

Published in Global Cement News
Tagged under
  • Colombia
  • Cementos Argos
  • Aggregates
  • GCW568
03 August 2022

Çimsa Çimento completes divestment of plants to Fernas Group

Turkey: Çimsa Çimento has completed the divestment of its 1Mt/yr Kayseri and 1.2Mt/yr Niğde integrated cement plants and its Ankara grinding plant to Fernas Group. The transaction was valued at Euro110m. The sale was originally announced in mid-June 2022.

Published in Global Cement News
Tagged under
  • Türkiye
  • Çimsa
  • Divestments
  • Plant
  • grinding plant
  • Fernas Group
  • GCW568
03 August 2022

Turkmencement’s Lebap plant increases production in first half of 2022

Turkmenistan: Turkmencement’s integrated Lebap plant has increased its production of cement to 0.47Mt in the first half of 2022. This is an improvement over the 0.45Mt level reported in the same period in 2021, according to Jeyhun News. The plant was originally built in 2013. A new production line at the site was reportedly ordered from Germany-based Thyssenkrupp Industrial Solutions in mid-2021.

Published in Global Cement News
Tagged under
  • Turkmenistan
  • Plant
  • Production
  • Turkmencement
  • GCW568
03 August 2022

Sumitomo Osaka Cement announces next price rise from October 2022

Japan: Sumitomo Osaka Cement has announced its next price rise from the start of October 2022. It previously raised the price of its cement-related products by 20% in April 2022. It blamed this on rising raw material, energy and logistics costs. A further price will be considered from April 2023.

Published in Global Cement News
Tagged under
  • Japan
  • Sumitomo Osaka Cement
  • Price
  • GCW568
  • Product
  • Raw Materials
  • Coal
  • logistics
03 August 2022

GICA obtains certificate of conformity with European standards for cement products

Algeria: Groupe des Ciments d'Algérie (GICA) has obtained a certificate of conformity with European standards (CE) for three types of cement. The certification should allow the company to export more products to Europe, according to the Expression newspaper. It applies to its Gica Moudhad and Gica Béton products. The move follows similar certification of products with the Association Française de Normalisation (AFNOR) from the company’s Aïn El Kebira plant in July 2021. At the same time the Minister of Industry said it was helping the group with its export strategy.

In 2021 GICA exported 2.25Mt of cement to countries including the Ivory Coast, Gambia, Ghana, Mauritania, Senegal , Cameroon, Benin,  Guinea, Brazil, Peru, the Dominican Republic, Haiti and a number of European countries.

Published in Global Cement News
Tagged under
  • Algeria
  • GICA Group
  • Groupe des Ciments d’Algérie
  • Export
  • Standards
  • Plant
  • GCW568
  • Association Française de Normalisation
  • certification
  • Product
  • Ivory Coast
  • Gambia
  • Ghana
  • Senegal
  • Mauritania
  • Cameroon
  • Benin
  • Guinea
  • Brazil
  • Peru
  • Dominican Republic
  • Haiti
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Page 484 of 1312
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