Lithuania: Akmenes Cementas has benefitted from a European Union (EU) ban on cement exports from Belarus in response to the Russian-led invasion of Ukraine in 2022. The subsidiary of Germany-based Schwenk Zement reported a profit of Euro16m in 2022, according to the Baltic News Service. This is its first recorded profit since 2013. Artūras Zaremba, the head of Akmenes Cementas, added that higher cement prices, further borrowing from its parent company and fixed electricity prices also helped it make a profit.

The company’s income grew by 53% year-on-year to Euro134m in 2022 from Euro87.5m in 2021. Its cement sales volumes increased by 6% to 1.5Mt and cement production rose by 8% to 1.1Mt. Around 1.1Mt of cement was sold domestically with the remainder exported to other countries within the EU. Cement sales are expected to fall in 2023 due to changes in the local market.

UK: Cemex UK has completed upgrades of its Dove Holes, Selby and Bletchley depots in partnership with MLP Railway Maintenance. As a result of the upgrade, the Selby depot in North Yorkshire can now receive an increased number of wagons per train, and complete turnarounds more quickly. Meanwhile, the producer relayed two reception lines at the Dove Holes depot in Derbyshire and installed new walkways, CCTV and a waterproof display screen for offloading at the Bletchley depot in Buckinghamshire.

Cemex UK’s rail and sea manager Mark Grimshaw-Smith said “It’s important that we continue to invest in our railheads across the UK. This not only ensures that the safety and wellbeing of those who work on our sites is enhanced on an ongoing basis, but it also provides further resilience in the operation, transporting more materials by train and thus taking more trucks off the road.”

Qatar: Qatar National Cement Company (QNCC) has signed a partnership agreement with SAP and Mannai ICT. The deal is intended to help the cement producer use cloud computing products such as Google Cloud to manage its data. It will also use S/4HANA, a resource planning product, and SAP Success Factors, a employee management product.

Essa Mohammed Ali A M Kaldari, QNCC’s Chief Executive Officer, said “In undertaking this end-to-end digital transformation, our aim is to modernise and streamline our systems, increase efficiencies, and enhance the services we deliver to our customers and employees.” He added, “After implementation, our operations will be more agile and scalable, enabling us to capitalise on future opportunities in the market and region.”

Alaa Jaber, the managing director for SAP Qatar and Fast Growth Markets, said, “Through this digital transformation, QNCC is aligning itself with Qatar’s 2030 National Vision and supporting its sustainability plans. It is also ensuring its future success by increasing its visibility over all operations, enabling it to react in an agile way to changes in the market and expected rise in demand for its products. Moreover, QNCC will be able to make decisions informed by real-time insights and data analytics.”

India: JK Cement's consolidated income rose by 21% year-on-year to US$1.19bn in the 2023 financial year, from US$983m in the 2022 financial year, Accord Fintech News has reported. High costs caused the group's net profit to fall by 38% to US$50.7m from US$82.1m.