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Loma Negra’s sales and earnings climb in 2021 08 March 2022
Argentina: Loma Negra’s full-year sales rose to US$655m in 2021, up by 17% year-on-year from 2020 levels. Its adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 15% to US$215m. Nonetheless, an increased operating income only partially offset the impacts of a higher income tax rate. During the year, the producer inaugurated its L’Amali cement plant’s new Line 2.
Cemex commissions Line 2 at Tapeaca cement plant 08 March 2022
Mexico: Cemex has successfully commissioned its new Line 2 at its Tapeaca, Puebla, cement plant.
Cemex’s Mexico regional vice president operations and technology Ernesto Felix said that the work ‘brought together a great team’ of Cemex colleagues.
Yanbu Cement’s sales and profit drop in 2021 08 March 2022
Saudi Arabia: Yanbu Cement’s sales recorded a 0.6% year-on-year decline to US$251m in 2021 from US$249m in 2020. Arab News has reported that the company’s net profit fell by 43% compared to 2021 levels.
Lanwa Sanstha Cement to invest US$60m in Phase 2 of Hambantota grinding plant construction 08 March 2022
Sri Lanka: Lanwa Sanstha Cement says that it will invest US$60m in expanding its newly commissioned Hambantota grinding plant in order to enable it to serve 60% of local demand.
President Gotabaya Rajapaksa said "Construction is a key contributor to the local gross domestic product (GDP). Our construction sector has a competitive edge in the global context, given its focus on technology and its emphasis on ethics and sustainability. We are certain this endeavour would serve to boost investor confidence, which is timely."
Germany: Rohrdorfer and Austria-based Andritz Group are in the process of installing a 2t/day CO2 separation plant on the roof of the former’s Rohrdorf cement plant in Bavaria. The pilot plant will capture CO2 from the plant’s emissions for use by the regional chemicals industry. The Ingenieur newspaper has reported that it will cost Euro3m and is scheduled for commissioning before June 2022. It is the first installation of its kind at a German cement plant.
Rohrdorfer’s plant and process engineering manager Helmut Leibinger said “We must begin to see CO2 as a product of value rather than a problem. With CO2 as a carbon source, Germany can protect the climate and at the same time become less dependent on oil and natural gas. In addition, value creation and jobs will remain in the country.”



