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Colombian Directorate of National Taxes and Customs fines Cemex Colombia US$16.8m

09 November 2021

Colombia: Cemex Colombia has received a US$16.8m fine from the Colombian Directorate of National Taxes and Customs (DIAN) for irregularities in its 2012 income tax payment. The company reportedly made an improper imputation of its balance for the year. Cemex Colombia says that it will take the matter to court. It has until March 2022 to file a suit.

Published in Global Cement News
Tagged under
  • Cemex
  • Cemex Colombia
  • Cemex Latam Holdings
  • Fine
  • Court
  • Government
  • Tax
  • GCW531

Cementos Polpaico plans Cerro Blanco cement plant upgrade

08 November 2021

Chile: Cementos Polpaico has submitted an environmental impact study for a US$60m upgrade of its Cerro Blanco cement plant in Tiltil, near Santiago. Business News America has reported that the proposed work consists of the installation of a new precalciner, an expansion to its four limestone quarries and the establishment of a new filtered tailings deposit and 3000t cement silo.

The producer hopes to launch the project in January 2023 in order to commission the upgraded plant before 2026.

Published in Global Cement News
Tagged under
  • Chile
  • Cementos Polpaico
  • Upgrade
  • Quarry
  • environmental impact assessment
  • Licence
  • calciner
  • filtered tailings
  • Silo
  • Investment
  • GCW531

Buzzi Unicem increases nine-month sales and cement volumes in 2021

08 November 2021

Italy: Buzzi Unicem’s consolidated sales rose by 5.6% year-on-year to US$2.54bn in the first nine months of 2021 from US$2.41bn in the first nine months of 2020. It recorded consolidated cement sales of 23.4Mt, up by 7.5% from 21.7Mt in the corresponding period of 2020. Sales growth in Eastern Europe - especially the Czech Republic and Poland - and the US offset a partial slowdown in Italy, particularly in the third quarter of the year.

The group expects global construction activity to generally remain level into the fourth quarter of 2021. It forecast “favourable” volume and price effects in its full-year results for 2021. It nonetheless noted “growing concern” at rising energy, fuels, logistics, raw materials and services costs in various regions. It forecast group recurring earnings before interest, taxation, depreciation and amortisation (EBITDA) not in excess of 2020 levels.

Published in Global Cement News
Tagged under
  • Italy
  • Buzzi
  • Results
  • growth
  • Forecast
  • construction
  • Czech Republic
  • Poland
  • US
  • Electricity
  • Fuel
  • logistics
  • costs
  • Shipping
  • Raw Materials
  • Staff
  • GCW531

All Pakistan Cement Manufacturers Association sets out decarbonisation strategy

08 November 2021

Pakistan: Members of the All Pakistan Cement Manufacturers Association (APCMA) plan to reduce the CO2 emissions from their cement production. The Business Recorder newspaper has reported that companies will take three routes to emissions reduction while continuing to meet increased demand. These are to increase the efficient use of materials, increase energy efficiency and employ new technologies to capture or eliminate emissions.

President Muhammad Ali Tabba said "In a bid to achieve green growth going forward, the cement industry globally will have to adapt to climate change challenges and rework business models to ensure environmental stewardship and robust growth. The cement industry in Pakistan is committed to playing its role."

Published in Global Cement News
Tagged under
  • Pakistan
  • Lucky Cement
  • CO2
  • Emissions
  • demand
  • Raw Materials
  • Energy
  • All Pakistan Cement Manufacturers Association
  • GCW531

Protestors block access to Van Ninh cement plant

08 November 2021

Vietnam: Local residents have blocked entrances to Van Ninh cement plant in Quang Binh’s Quang Ninh district in protest against alleged pollution violations. Van Ninh Cement previously incurred a US$3100 fine for dust emissions following a similar protest in 2017. The residents have put up tents in which to sleep in front of the plant in order to prevent the blockade’s removal.

Published in Global Cement News
Tagged under
  • Vietnam
  • Protest
  • Suspension
  • Dust
  • Pollution
  • Law
  • Fine
  • GCW531
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