Canada: The government has made a proposed new carbon tax easier for large-scale industrial emitters such as cement and steel producers. Originally the new legislation proposed imposing a levy on around 30% of a company’s CO₂ emissions from the start of 2018, according to the Globe and Mail newspaper. However, the revision has reduced the tax on so-called vulnerable industries with the cement and steel sectors only having to pay 10%. The levy will start at US$15/t in January 2018, rising to around US$40/t in 2022.

The decision to soften the carbon tax follows lobbying by the affected industries. The tax applies to provinces that do not have existing carbon emission controls, such as cap-and-trade schemes, that meets the central government’s standards. The provincial government of Ontario, which contains six of the country’s 17 integrated cement plants, recently decided to leave its own carbon pricing system. It will be subject to the new rules. Saskatchewan will also be affected.

Italy: Buzzi Unicem’s sales revenue and earnings have suffered from negative currency effects in the first half of 2018. Its net sales fell by 1.2% year-on-year to Euro1.34bn from Euro1.35bn and its earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 5.7% to Euro227m from Euro241m. However, its cement sales volumes grew by 3.8% to 12.9Mt from 12.5Mt. By region the cement producer reported that its net sales rose in Italy, Germany, the Czech Republic, Slovakia, Poland and the US. Net sales fell in Luxembourg, Netherlands, Ukraine and Mexico.

Benin: HeidelbergCement’s subsidiary Cimbenin has removed two polychlorinated biphenyl (PCB) transformers from its grinding plant in Cotonou. The toxic components will be disposed of by a French company, according to the La Nation newspaper. The Société Nationale de Ciment (SONACI) installed the transformers in 1977. Subsequently Cimbenin bought the unit in 1991 and put the affected equipment into storage in 2012. The decision to remove the transformers was part of the company’s ISO 14001-2004 certification, which it obtained in 2012.

US: Summit Materials’ mid-year results have been negatively affected by poor cement sales and lower aggregate sales from its Houston operations. Revenue rose by 15% year-on-year to US$717m in the first half of 2018 from US$623m in the same period in 2017. However, its sales volumes of cement fell by 10% to 0.97Mt from 1.08Mt. The company’s net loss rose to US$19m from US$3m.

“Organic sales volumes in our cement segment were impacted by a combination of high precipitation levels during April and May, together with competitive pressures in the markets we serve,” said chief executive officer (CEO) Tom Hill.

The building materials producer operates an integrated cement plant under the Continental Cement subsidiary at Hannibal in Missouri.