Global Cement News

Mexico: The Mexican Federal Economic Competition Commission (COFECE) has fined Cemex US$89,000 for failing to notify it of a transaction that exceeded the threshold for notification. COFECE also approved the transaction in question.

Cemex has the right to seek legal recourse against the fine.

Pakistan: DG Khan Cement has despatched a shipment of 50,000t of cement for Houston, US, from Karachi. The Balochistan Times newspaper has reported that the shipment is the first of 12 consignments of the same size under an order for 600,000t of low-alkali cement. If successful, the order may double to 1.2Mt. The producer is using jumbo bags to transport the product on its 42-day journey overseas.

Marketing director Fareed Afzal said that Pakistani businesses need to diversify their export markets and strengthen foreign currency reserves. He added that DG Khan Cement continues to reduce its products' carbon footprints by using renewable energy, waste heat recovery (WHR) and alternate fuels (AF).

UK: Global Cement Magazine is ready for the Hillhead 2022 quarrying, construction and recycling show that takes place on 21 – 23 June 2022 taking place in Derbyshire. You can find Global Cement Magazine at stand PB14 in the Main Pavilion. The event was originally planned to take place in June 2021 but was postponed for one year following the UK coronavirus-related lockdowns. Held in a limestone quarry, the organisers say that it is the largest exhibition of its kind anywhere in the world.

India: Shree Cement’s board of directors has approved the company’s plans to establish a new US$321m cement plant in Andhra Pradesh’s Guntur district.

Shree Cement currently commands an installed capacity of 46.4Mt/yr. In the 2022 financial year, it produced 30Mt of cement, corresponding to a capacity utilisation of 30%.

India: Kesoram Industries has announced plans to raise its installed cement production capacity to 15Mt/yr. The expansion constitutes an increase of 36% from its presently installed 11Mt/yr-worth of capacity.