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Adbri sets new 2030 decarbonisation targets 03 May 2022
Australia: Adbri has committed to reduce its cement's CO2 emissions by 20%/t by 2030. WA Today News has reported that the company also aims to offset 100% of CO2 emissions from its electricity consumption by 2030. It aims to achieve net zero carbon cement production by 2050. Adbri says that it is Australia's only cement producer not to use coal, relying instead on a combination of gas and refuse derived fuel (RDF).
CEO Nick Miller said "This net-zero emissions roadmap builds on our strong decarbonisation progress to date and establishes clear targets and actions we will advance as we strive to achieve net zero emissions by 2050."
India: JK Lakshmi Cement has partnered with the Society for Technology and Action for Rural Advancement (TARA) to integrate calcined clay technology into its operations in order to commence production of limestone calcined clay cement (LC3). United News of India has reported that the producer says that this type of composite cement reduces the product's clinker factor by 50% and its carbon footprint by 40%.
JK Lakshmi Cement said "This partnership will be a game-changer for the cement industry, giving impetus to its efforts in mitigating emissions, combating climate change and bringing a holistic change in the surrounding communities to create sustainable livelihoods in large numbers."
India: Tamilnadu Cements plans to set up a new grinding plant in Alangulam, Tamil Nadu. The Hindu newspaper has reported that the unit will serve the nearby Arasu cement plant and double its cement capacity to 0.56Mt/yr from 0.28Mt/yr. It will cost US$5.22m and produce the company's Valimai cement.
Tamilnadu Cements has sold 59,000t of Valimai cement to date.
Pakistan: Lucky Cement has recorded nine-month sales of US$1.17bn in its 2022 financial year, up by 38% year-on-year from US$846m in the corresponding period of 2021. The company’s consolidated cement volumes fell by 7.1% to 7.07Mt, while its unconsolidated cement volumes fell by 3.4% to 5.51Mt. Unconsolidated costs per tonne of cement rose by 49%. Explaining its net sales growth, the company noted the ‘impressive’ performance of its overseas cement business, which includes a stake in Democratic Republic of Congo-based Nyumba Ya Akiba Cement. Lucky Cement’s profit after tax for the period was US$143m, up by 20% from US$119m.
Lucky Cement says that a cement plant expansion in Khyber Pakhtunkhwa is progressing and on-schedule for completion in 2022.
Bamburi Cement’s profit rises in 2021 29 April 2022
Kenya: Bamburi Cement’s net profit was US$11.9m in 2021, up by 22% year-on-year from 2020. The company attributed the growth to increased domestic selling prices in Kenya, due to a higher proportion of premium products sales and targeted price actions in the retail segment.
Managing director Seddiq Hassani said that he envisages cement demand growth in Bamburi Cement’s markets in the rest of 2022, supported by a stable economic environment. He looked optimistically to possible export growth arising from the Democratic Republic of Congo’s admission into the East African Community (EAC) in March 2022. He further noted the impact of the Rwanda-Uganda border closure as a downside risk.