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17 March 2021

Court orders release of mutual fund units to Dalmia Bharat

India: The Supreme Court has ruled that depository and clearing agent IL&FS Securities Services (ISSL) release US$52.4m to Dalmia Cement owner Dalmia Bharat. The money was alleged stolen by Allied Financial Services in 2019, according to the Economic Times newspaper. The trial concerning the alleged theft of mutual fund units continues.

Published in Global Cement News
Tagged under
  • India
  • Legal
  • Dalmia Bharat
  • Dalmia
  • corporate
  • GCW497
17 March 2021

HyNet North West carbon capture and storage consortium receives Euro84m funding

UK: Germany-based HeidelbergCement subsidiary Hanson has received the green light for its planned carbon capture and storage (CCS) study at its Padeswood cement plant in Flintshire after its partner, the HyNet North West consortium received Euro84m in funding. The study will support a design basis and cost estimate for a carbon capture unit at the cement plant and a connection to the planned HyNet North West CO2 transport and storage system. Euro46m of the funding came from consortium partners while Euro38m came from a UK Research and Innovation (UKRI) Industrial Decarbonisation Challenge grant.

Hanson chief executive officer Simon Willis said, “Today’s funding announcement is fantastic news for everyone involved in HyNet North West. Cutting CO2 emissions is a key priority for us, and we are excited to be one of the first UK cement producers working on carbon capture and storage (CCS) as part of this collaborative project.” He added, “We’ve taken big steps towards reducing carbon emissions and have set ourselves an ambitious target of achieving a 50% reduction in CO2 emissions by 2030, based on 1990 levels, and net zero carbon concrete by 2050. CCS at cement plants is a key part of our roadmap to net zero.”

Published in Global Cement News
Tagged under
  • UK
  • Germany
  • Hanson
  • HeidelbergCement
  • carbon capture
  • Plant
  • Study
  • GCW497
  • CO2
  • Sustainability
  • funding
  • HyNet North West
  • decarbonisation
17 March 2021

Aumund wins equipment contract for three new UltraTech Cement plants and six grinding plants

India: UltraTech Cement has selected Germany-based Aumund to supply conveyors, elevators and feeders for its ‘Project Spring’ expansion project to increase its installed production capacity to 130Mt/yr of cement from 117Mt/yr.

The expansion project includes three integrated cement production units in Madhya Pradesh, Rajasthan and Chhattisgarh, each with capacities of up to 10,000t/day. For these kiln lines, Aumund India will supply clinker cooler extraction conveyors as well as the transfer conveyors to the clinker silos. Six cement grinding plants in various locations in India are also part of the capacity expansion plans.

Aumund will supply six pan conveyors, 11 Samson material feeders and 68 bucket elevators including up to 157m-high kiln feed bucket elevators, up to 2200t/hr roller press recirculation bucket elevators and clinker and cement handling bucket elevators, among other products. The order is one of the largest to date for Aumund India.

Published in Global Cement News
Tagged under
  • India
  • UltraTech Cement
  • Aumund
  • Germany
  • Plant
  • grinding plant
  • elevator
  • Conveyor
  • Contract
  • feeding
  • Madhya Pradesh
  • Rajasthan
  • Chhattisgarh
  • GCW497
17 March 2021

Jidong Cement grows income and profits in 2020

China: Jidong Cement’s operating income rose by 3% year-on-year to US$5.46bn in 2020 from US$5.31bn in 2019. Its net profit attributable to shareholders grew by 5.5% to US$438m from US$415m. The large-scale producer said that its clinker and cement production capacities reached 117Mt/yr and 170Mt/yr in the reporting period. It operates in Hebei, Beijing, Tianjin, Shaanxi, Shanxi, Inner Mongolia, Jilin, Chongqing and Henan with a focus in the Beijing-Tianjin-Hebei region.

Published in Global Cement News
Tagged under
  • China
  • Jidong Cement
  • Results
  • GCW497
17 March 2021

Breedon Group fights coronavirus with strong second half to 2020

UK: Breedon Group’s revenue remained stable in 2020 at Euro1.08bn. Its underlying earnings before interest and tax (EBIT) fell by 34% year-on-year to Euro89.3m in 2020 from Euro136m in 2019. Cement sales volumes stayed stable at 2Mt but ready-mixed concrete sales volumes dropped by 13% to 2.6Mm3 from 3Mm3. The group reported a strong second half of 2020 following coronavirus-related disruption.

“Although we remain mindful of the ongoing impact of Covis-19, with the worst of the pandemic now hopefully behind us and some welcome clarity on Brexit, I believe the prospects for Breedon and for our industry are increasingly positive,” said Pat Ward, Breedon Group’s chief executive.

Published in Global Cement News
Tagged under
  • Breedon Group
  • Breedon Cement
  • Results
  • coronavirus
  • Brexit
  • UK
  • GCW497
  • concrete
17 March 2021

European Parliament backs carbon tax on selected imports

Europe: Members of the European Parliament (MEP) have adopted a resolution supporting a European Union (EU) carbon border adjustment mechanism (CBAM). If enacted by the EU then a carbon tax could be levied on certain goods imported from outside the EU that don’t meet local decarbonisation standards. MEPs stressed that it should be World Trade Organisation compatible and not be misused as a tool to enhance protectionism.

The new mechanism is intended to be part of a broader EU industrial strategy and cover all imports of products and commodities covered by the EU emissions trading scheme (ETS). MEPs add that already by 2023, and following an impact assessment, it should cover the power sector and energy-intensive industrial sectors like cement, steel, aluminium, oil refinery, paper, glass, chemicals and fertilisers, which continue to receive substantial free allocations, and still represent 94% of EU industrial emissions.

“The CBAM is a great opportunity to reconcile climate, industry, employment, resilience, sovereignty and relocation issues. We must stop being naïve and impose the same carbon price on products, whether they are produced in or outside the EU, to ensure the most polluting sectors also take part in fighting climate change and innovate towards zero carbon. This is our best chance of remaining below the 1.5°C warming limit, whilst also pushing our trading partners to be equally ambitious in order to enter the EU market,” said EU Parliament rapporteur Yannick Jadot.

The European Commission is expected to present a legislative proposal on a CBAM in the second quarter of 2021 as part of the European Green Deal as well as a proposal on how to include the revenue generated to finance part of the EU budget.

Published in Global Cement News
Tagged under
  • Europe
  • European Parliament
  • European Union
  • European Commission
  • carbon border adjustment mechanism
  • Emissions Trading Scheme
  • World Trade Organisation
  • Import
  • GCW497
17 March 2021

Cementos Argos to launch Argos Green Solutions

Colombia: Cementos Argos will hold the virtual launch of Argos Green Solutions on 17 March 2021. The company will use the group to set out its vision of innovation to build a sustainable future. President Juan Esteban Calle and sustainability vice president María Isabel Echeverri will host the event.

Published in Global Cement News
Tagged under
  • Colombia
  • Cementos Argos
  • Sustainability
  • Event
  • corporate
  • GCW497
16 March 2021

China Resources Cement increases turnover and profit in 2020

China: China Resources Cement’s turnover rose by 3% year-on-year to US$5.16bn in 2020 from US$5.02bn in 2019. Its profit attributable to shareholders was US$1.15bn, up by 4% year-on-year. Sales volumes of cement grew by 6% to 87.3Mt from 82.5Mt. Volumes increased in Guangdong, Guangxi, Yunnan and Guizhou but decreased in Fujian, Hainan and Shanxi.

In February 2020 the cement producer completed the construction of one 1.4Mt/yr clinker production line and two cement grinding lines with a combined cement production capacity of 2Mt/yr in Anshun City, Guizhou. Also in 2020 the group commissioned one new concrete batching plant and shut down two others.

During the reporting year the Group co-processed 183,100t of municipal solid waste, 52,800t of urban sludge with an 80% moisture content and 6100t of hazardous industrial waste. It operates seven co-processing projects with four more either under trial operation or under construction. It also said that it had been following policies for carbon emissions with trial activities conducted in preparation for a future unification of national carbon market. Eight company plants in Guangdong and five in Fujian were reported as having settled their carbon credit quota for 2019.

Other operations of note include the start of Phase 1 of the group’s intelligent manufacturing pilot project at a unit in Tianyang in conjunction with Siemens. The group has also commenced trial operation of its in-house developed intelligent manufacturing system at a cement plant in Pingnan, Guangxi. The project interacts with system quality management systems and advanced kiln controls. The next step will be to use the quality management system at cement plants in Shangsi and Guigang, Guangxi. A so-called ‘lighthouse plant’ is also planned to work with environment, health and safety, operation, production, equipment, quality, mines and logistics at a cement plant in Fengkai County, Guangdong. The group’s platform for sharing auxiliary materials and spare parts was launched in Fujian in April 2020 and has since been rolled out to sites in Guangdong, Guangxi and Hainan. Finally, the company’s ‘Smart Card’ logistics system has put into operation at cement plants in Fengkai, Huizhou, Luoding and Dongguan, Guangdong and has been operating at 25 cement production plants by the end of 2020.

Published in Global Cement News
Tagged under
  • China
  • China Resources Cement
  • Results
  • Guangdong
  • Guangxi
  • Yunnan
  • Guizhou
  • Fujian
  • Hainan
  • Shanxi
  • Plant
  • concrete plant
  • Coprocessing
  • digitisation
  • GCW497
16 March 2021

Larsen & Toubro secures 10,000t/day cement plant contract

India: Larsen & Toubro has secured and engineering, procurement and construction (EPC) contract for a new integrated cement plant at Pali, Rajasthan. It says that a major national cement producer awarded the contract.

In December 2020, Global Cement reported that Aditya Birla subsidiary UltraTech Cement planned to proceed with the construction of a cement plant at Pali.

Published in Global Cement News
Tagged under
  • India
  • Larsen & Toubro
  • Plant
  • Order
  • Rajasthan
  • UltraTech Cement
  • GCW497
16 March 2021

Votorantim Cimentos to upgrade Corumbá cement plant

Brazil: Votorantim Cimentos has announced plans to upgrade cement production at its 0.2Mt/yr integrated Corumbá cement plant in Mato Grosso do Sul. The Correio de Corumbá newspaper has reported the value of the planned work as US$2.85m. The investment is intended to improve the plant’s grinding line, modernise an electrical substation system, make changes to its mining operations and generally focus on optimising energy consumption. It also plans to train employees and work on community outreach activities.

Published in Global Cement News
Tagged under
  • Brazil
  • Votorantim Cimentos
  • Plant
  • Upgrade
  • training
  • community
  • Mill
  • Quarry
  • Mato Grosso
  • GCW497
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