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Pakistan’s cement despatches drop in 2022 financial year

05 July 2022

Pakistan: All Pakistan Cement Manufacturers Association (APCMA) members despatched 52.9Mt of cement in the 2022 financial year, down by 7.9% year-on-year from 57.4Mt in the 2021 financial year. The News International newspaper has reported that exports fell by 44% year-on-year to 5.25Mt from 9.31Mt. In June 2022, despatches rose by 1% year-on-year to 5.26Mt from 5.21Mt. Exports declined by 48% to 284,000t from 543,000t. APCMA said that high costs caused the decline, which continues into the current 2023 financial year (which begun on 1 July 2022).

An association spokesperson said “The export of cement has declined massively during the ongoing financial year due to the high cost of production.”

Published in Global Cement News
Tagged under
  • Pakistan
  • All Pakistan Cement Manufacturers Association
  • deliveries
  • market
  • Production
  • Export
  • Export
  • costs
  • GCW564

Betolar customers to produce 250,000t/yr of Geoprime concrete by 2023

05 July 2022

India: Three new Indian concrete companies have separately secured agreements for the use of Finland-based Betolar’s Geoprime alkali-activated slag and fly ash additive. Reuters News has reported that the companies are Balaiji Cement Products, Shiv Tiles and SNEH Precast. Engineering company Godrej & Boyce has also signed a letter of intent with the supplier for pilot production of concrete blocks, paving slabs and other elements.

Betolar expects producers to achieve global concrete production volumes of 250,000t/yr of concrete containing Geoprime by 2023.

Published in Global Cement News
Tagged under
  • India
  • Betolar
  • Contract
  • Deal
  • agreement
  • Licence
  • circular economy
  • Fly Ash
  • Slag
  • ground granulated blast furnace slag
  • pilot
  • Forecast
  • Outlook
  • Additives
  • Alternative raw materials
  • supplementary cementitious materials
  • GCW564

Continental to acquire NorrVulk

05 July 2022

Sweden: Germany-based Continental has signed an agreement to acquire belt systems supplier and service company NorrVulk. NorrVulk employs 16 people and is focused on the Northern Swedish market. It will join Continental’s 16-country, 5800-employee conveying solutions unit.

Published in Global Cement News
Tagged under
  • Sweden
  • Continental
  • NorrVulk
  • Belts
  • Conveyor
  • Acquisition
  • Mining
  • GCW564

COBOD to supply 3D printers in Australia and Canada

05 July 2022

Australia/Canada: Fortex and Nidus3D have won contracts to become Denmark-based COBOD’s distribution partners for the Australian and Canadian markets respectively. Nidus3D previously printed a multi-unit residential building, the first of its kind in North America, using COBOD’s 3D printing equipment. Meanwhile, the supplier says that its first BOD2 3D printer available on the Australian market will arrive there in late 2022.

Regarding the Australian contract with Fortex, COBOD noted that it will make its equipment available on six different continents.

Published in Global Cement News
Tagged under
  • 3D printing
  • COBOD
  • COBOD International
  • Fortex
  • Nidus3D
  • Distribution
  • Supplier
  • Contract
  • Deal
  • agreement
  • market
  • construction
  • GCW564

Mudajaya Group Berhad to acquire Real Jade Limited

04 July 2022

China: Mudajaya Group Berhad has concluded a deal to acquire Real Jade Limited for US$51m. The deal marks the Malaysia-based conglomerate’s first expansion into the Chinese market. Real Jade Limited operates the 1Mt/yr Shandong integrated cement plant. It employs 50 people in Shandong Province.

Published in Global Cement News
Tagged under
  • China
  • Mudajaya Group Berhad
  • Real Jade Limited
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  • market
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