Global Cement News

UK: Cemex UK has announced the global launch of its OnPoint coloured cement mortars for off-site and urban architectural applications. The range includes 35 colour palette options.

Europe regional mortars sales manager Mike May said “On heritage projects, we can now accurately colour-match existing mortars for repointing and maintenance work. Our existing buildings account for more than 35% of the world’s energy consumption, so solutions like Cemex OnPoint can significantly contribute to a more efficient built environment and a better future for all.”

Nigeria: BUA Cement recorded consolidated sales of US$619m in 2021, up by 23% year-on-year from US$504m in 2020. Bagged cement sales rose by 23% to US$618m, while bulk cement sales rose by 40% to US$1.48m. Cost of sales was US$328m, up by 19% year-on-year, and the company recorded a profit after tax of US$217m, up by 25% from US$174m in 2020.

France: The European Commission (EC) has awarded funding under its Innovation Fund 2021 for CRH subsidiary Eqiom’s upgrade to its Lumbres, Hauts-de-France, cement plant. The work includes the replacement of a kiln and the installation of a carbon capture, utilisation and storage (CCUS) system at the plant, in collaboration with Air Liquide. The producer says that the project is one of seven selected under the EC’s K6 programme of innovation funding in line with the EU Green Deal.

Tanzania: Tanga Cement has advised investors that it expects a ‘significant improvement’ in its results to a profit before tax in 2021, compared to a loss in 2020. The Daily News newspaper has reported that strong sales during the year contributed to the forecast result, along with a drop in finance costs due to a restructuring of debt facilities.

Tanga Cement said “The improved performance is a result of Tanga Cement’s initiative to optimise the sales, logistics and distribution, as well as its continued cost optimisation initiative.” It added “The company has been able to achieve this despite the challenging global economic and operating environment conditions.”

Pakistan: Three DG Khan Cement workers have been kidnapped by the local Ladi gang from the company’s Dera Ghazi Khan cement plant. The Dawn newspaper has reported that the employees has been inspecting the plant’s raw materials belt when the kidnap occurred.