Brazil: Companhia Siderúrgica Nacional (CSN) Cimentos plans to resume its initial public offering (IPO) of shares in mid-October 2021. The producer is aiming to raise at least US$478m. It will conclude the offering before 1 January 2022. Parent company CSN previously suspended the IPO in July 2021 due to unfavourable market conditions.

UK: 200 Hanson truck drivers began voting on proposed strike action on 10 September 2021. Building Design Online News has reported that the drivers’ union, Unite, has proposed the measure in response to a ‘hefty pay cut.’ The HeidelbergCement subsidiary offered a 2.5% pay rise to truck drivers for 2022. The union said that UK inflation was currently at 3.9%. It added that a strike would lead to a cement shortage affecting some of the country’s largest projects, including the HS2 high-speed railway. Voting will conclude on 24 September 2021.

Turkey: 120,000 members of the Construction Contractors Confederation (IMKON) downed tools on 9 September 2021 in protest against high cement prices. Emerging Market Watch News has reported that the strike will last until 21 September 2021 or until ‘satisfactory developments.’

The Ministry of Trade has tightened procedural restrictions on exporting clinker. Trade Minister Mehmet Mus is in talks with construction and cement industry representatives.

Libya: Ahmed Abuhisa, the Minister of Industry and Minerals, has laid the foundation stone for a new cement plant at Al-Shahba. Al-Shahba Cement and National Mining Corporation have signed a deal to build the 1Mt/yr plant in Cyrenaica region, according to the Libya Herald newspaper. The project is part of the ministry’s plan to localise industry in the country, provide job opportunities for young people and drive development. Al-Shahba, which is 100km from the city of Tobruk, is without paved roads and suffers from water scarcity, limited electricity access and the loss of public services.

UK: Cemex UK has carried out track improvements and extensions at its Attercliffe, Small Heath and Bletchley rail depots. The works included a new siding and storage bays for offloading at Small Heath. Meanwhile, improvements at the Attercliffe depot will enable delivery vehicles to safely use the same area in the day as trains do at night.

Rail and sea manager Mark Grimshaw-Smith said “The summer months have provided us with the perfect opportunity to complete a considerable programme of investment into track at three of our rail depots. These sites are all very different, and spread out across the country, but they are all important parts of our rail network and ripe for development.” He added, “As our use of trains to transport our materials increases, it is vital that we have the infrastructure in place to support this. Further investment is planned at some of our other UK railheads over the coming months.”

The company is in the process of a transition to rail and sea transport from road. Progress in 2020 eliminated 17,500t of CO2 emissions from 150,000 road movements not taken.

Tanzania: The South Africa-based National Occupational Safety Association (NOSA) has awarded Tanga Cement its international award for safety. The Daily News newspaper has reported that NOSA considers participant companies from all industries across Africa. Tanga Cement has participated in NOSA since 2018. Managing director Reinhardt Stuart said that the achievement was especially significant as the producer retained its rating as a ‘distinguished’ class company among NOSA awarded companies.

Pakistan: The Pakistan International Bulk Terminal plans to invest US$70m in increasing its coal capacity by 40% to 17Mt/yr from 12Mt/yr with the installation of a second conveyor belt. The expanded terminal will open in late 2023 or early 2024. The Dawn newspaper has reported that cement producers previously called for an expansion of the country’s coal import infrastructure. The All Pakistan Cement Manufacturers Association (APCMA) lobbied the government in July 2021 to permit coal discharge at the 10,000t/day Karachi Port Trust port. By contrast, the Pakistan International Bulk Terminal currently has a capacity of around 30,000t/day. It charges importers US$5.49/t of coal, plus a US$1/t handling fee for use of its berth.

Australia: Boral has agreed to sell its roof tiles business to private equity company Lutum and other investors. The Australian newspaper has reported that the deal is part of Boral’s exit out of building materials markets in Australia.

Brazil: Companhia Siderúrgica Nacional (CSN) has agreed to acquire Switzerland-based Holcim’s Brazilian cement business for US$1.03bn. The business’ assets include five integrated cement plants, four grinding plants and 19 ready-mix concrete facilities. Holcim said that the deal strengthens its balance sheet by ‘significantly’ reducing its debt ratio. It will use the proceeds to invest in its solutions and products business, building its recently acquired subsidiary Firestone. Latin America remains a core strategic growth region, according to the company.

Cheif executive officer Jan Jenisch said “This divestment is another step in our transformation to become the global leader in innovative and sustainable building solutions, giving us the flexibility to continue investing in attractive growth opportunities. We are pleased to have found a responsible buyer with CSN that will develop the Brazilian business over the long term.”

US/Denmark: Chart Industries subsidiary Sustainable Energy Solutions has chosen FLSmidth to help adapt and commercialise its Cryogenic Carbon Capture carbon capture and storage (CCS) system for the global cement industry. The system captures and stores CO₂ from flue gas as a liquid. FLSmidth says that it will use its global reach and process knowledge to accelerate the commercialisation of Cryogenic Carbon Capture and optimise its design for cement plants. It believes the technology can cut 90% of process CO₂ emissions at half the cost and energy consumption of current CCS processes.

FLSmidth cement president Carsten Riisberg Lund said “The cement industry is pursuing all options to reduce its environmental footprint, and CCS is a necessary technology to achieve this goal. Through this agreement with Chart, we lay the foundation for the scale-up and deployment of Cryogenic Carbon Capture technology with our customers. The technology developed by Chart is expected to become the most competitive at scale.” He added “This agreement is a significant leap forward in our joint efforts to enable our customers to reduce their environmental footprint.”