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India: The government has published plans for a new broad-gauge double railway line in Rajasthan. The planned line will connect Jaipur and Sawai Madhopur, and will facilitate the transport of coal to businesses including cement plants. Maritime Gateway News has reported that the new line will increase carrying capacity in the local railway maintenance block by 80%. It is scheduled for commissioning in the 2027 financial year.
Housing demand in New Zealand falls by 20% year-on-year 11 April 2023
New Zealand: Cement producer and construction firm Fletcher Building has reported a 20% year-on-year drop in domestic housing demand during the first quarter of 2023. The Australian newspaper has reported that the company attributed the decline to ‘soaring’ interest rates in the country. It now expects to sell 800 residential units in 2023, 20% below its previous expectation of 1000 units. Fletcher Building said that building materials costs rose by 5 – 10% between 2020 and 2022, due to ‘higher input and commodity costs’ in production.
CEO Ross Taylor said that Fletcher Building faces labour shortages in its civil construction business, but maintained a strong order pipeline. Taylor said “It won’t drive an uptick in volumes but it will underpin the volumes in the next three to four years.”
ACC wins three safety prizes 11 April 2023
India: ACC’s Jamul, Thondebhavi and Tikaria cement plants have won safety prizes at the National Safety Council of India (NSCI)’s Safety, Health and Environment Convention (SHECON) 2023. Press in attendance reported that the 1.6Mt/yr Thondebhavi plant in Karnataka won a safety award and a bronze trophy for implementation of its occupational safety and health (OSH) plan. Meanwhile, the 1.6Mt/yr Jamul plant in Chhattisgarh won a letter of commendation and the 3Mt/yr Tikaria grinding plant in Uttar Pradesh won a certificate of recognition.
Adani Group’s cement business CEO Ajay Kapur said "We are honoured to have been recognised by the NSCI with three prestigious awards for our commitment to ensuring the safety and well-being of our employees, and we are proud to be recognised for our efforts. With a strong emphasis on occupational health and safety, we have a robust safety management system in place."
Oman: China-based Huaxin Cement completed its acquisition of a 60% stake in Oman Cement on 5 April 2023. That the group completed the transaction via a Abra Holdings, a wholly-owned subsidiary incorporated in Mauritius. In a submission to the Hong Kong Exchange, Huaxin Cement stated the estimated purchase price for the stake as US$193m.
Oman Cement operates the 4.2Mt/yr Rusayl cement plant in Muscat Governorate. The producer was in talks with possible contractors for an upgrade to the plant’s existing production lines and the construction of a new 10,000t/day Line 4 in March 2023.
Heidelberg Materials and Canadian government sign deal on Edmonton cement plant carbon capture project 06 April 2023
Canada: Heidelberg Materials and the Canadian government have signed a memorandum of understanding (MoU) to collaborate on the installation of a carbon capture system at the company’s Edmonton cement plant in Alberta. The project is scheduled for completion in 2026, at a total cost of US$1.01bn. When operational, the system will capture 100% of the Edmonton cement plant’s CO2 emissions - 1Mt/yr – for transportation and storage in nearby Wabamun. Canada Newswire has reported that construction of the system will create 2000 jobs.
The government said that it would be a ‘significant partner’ for the project. The size of funding will depend on other provisions under its Investment Tax Credit for Carbon Capture, Utilisation and Storage scheme, which is currently being finalised.