Global Cement News

Tunisia: Carthage Cement recorded a turnover of US$119m during 2022, up by 13% year-on-year from US$105m. The producer invested US$8.17m in capital expenditure projects during the year, up by 18% from US$6.95m. Africa Manager News has reported that Carthage Cement's debt fell by 8% year-on-year to US$123m at the end of 2022.

Austria: Lafarge Zement has successfully demolished the chimney of a former gas power plant at its Mannersdorf cement plant in Lower Austria. Hans Zöchling GmbH carried out the demolition work. Lafarge Zement plans to use the cleared space for a new solar power plant. Plant manager Helmut Reiterer said that further renewable power projects are also planned at the site.

India: The India Cements will pay each of its 500 cement plant workers an additional US$736/yr, effective retroactively from the start of the 2023 Indian financial year on 1 April 2022. This will subsequently rise by up to another US$736/yr from the start of the 2026 financial year. The Hindu BusinessLine News has reported that the move is the result of talks with workers' unions. The India Cements additionally agreed to pay a total US$202,000/yr in premiums on medical insurance policies for all cement plant employees.

The India Cements operates 10 cement facilities in India.

Austria: Zementwerk Hatschek's Gmunden cement plant eliminated 3800t of CO₂ emissions from its local area during 2022 through its contribution to municipal heating. Zementwerk Hatschek, a subsidiary of Rohrdorfer, heats local households using recovered heat from the Gmunden cement plant's waste heat recover (WHR) system.

A delegation of cement plant representatives and local officials from Baden-Württemberg, Germany, visited the plant to learn about its WHR and heat supply systems on 20 January 2022.

Plant manager Peter Fürhapter said "Municipal heating based on our waste heat contributes to CO₂ reduction in Upper Austria, helping us to achieve our CO₂ reduction goals under the Paris Climate Agreement." He added "We are pleased that with this forward-looking project we are a model for similar projects in Europe."

India: UltraTech Cement recorded sales of US$1.91bn during the third quarter of the 2023 Indian financial year, up by 20% year-on-year from third-quarter 2022 financial year levels. The Aditya Birla subsidiary's cement sales during the quarter grew by 13% year-on-year in volume. It recorded 24% growth in costs, to US$1.74bn, while its profit fell by 38% to US$131m.

UltraTech Cement noted growth in the cost of electricity, fuels and raw materials.