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China Resources Cement’s cement sales drop by 43% to 12.2Mt

04 May 2022

China: China Resources Cement’s (CRC) turnover fell by 18% year-on-year to US$889m in the first quarter of 2022 from US$1.08bn in the same period in 2021. Its sales volumes of cement, clinker and concrete decreased by 34%, 12% and 23% respectively to 12.2Mt, 0.78Mt and 2.22Mm3 respectively. Its profit dropped by 43% to US$92.9m from US$164m.

Published in Global Cement News
Tagged under
  • China
  • China Resources Cement
  • Results
  • GCW555
  • concrete
  • Clinker

Chinese cement output decreases by 12% to 387Mt in first quarter

04 May 2022

China: Cement output fell by 12% year-on-year to 387Mt in the first quarter of 2022. Data from the Ministry of Industry and Information Technology also shows that cement output volumes fell by 5.6% year-on-year to 187Mt in March 2022, according to the Xinhua News Agency. The China Cement Association has blamed this on the latest local coronavirus wave, limited construction project funds and poor weather.

Published in Global Cement News
Tagged under
  • China
  • data
  • market
  • Output
  • GCW555
  • China Cement Association
  • coronavirus

Dangote Cement’s operations hit by domestic gas shortages and international freight rates

04 May 2022

Nigeria: Dangote Cement sales volumes in the first quarter of 2022 have been hampered by disruptions to gas supplies domestically and by high freight rates restricting its exports of cement and clinker to Cameroon, Ghana and Sierra Leone. Its sales volumes of cement fell by 3.6% year-on-year to 7.25Mt in the first quarter of 2022 from 7.52Mt in the same period in 2021. Its revenue grew by 24% to US$994m from US$801m. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 18.6% to US$508m from US$428m.

Michael Pucheros, the chief executive officer of Dangote Cement, said “Our group volumes were down 3.6% mainly due to energy supply challenges in Nigeria. Our operations relying on cement and clinker imports – namely Ghana, Sierra-Leone, Cameroon - were impacted by the global supply chain challenges.” Additionally, its operations outside of Nigeria was also negatively affected by a cement plant in Congo being shut for over two months due to maintenance and repairs and extended power plant maintenance in Senegal.

Published in Global Cement News
Tagged under
  • Nigeria
  • Dangote Cement
  • Results
  • GCW555
  • Gas
  • supply chain
  • Export
  • Clinker
  • Cameroon
  • Ghana
  • Sierra Leone
  • Plant
  • Shutdown
  • Congo
  • Senegal

Argos USA launches EcoStrong PLC

04 May 2022

US: Argos USA has launched its new Portland Limestone Cement (PLC) brand EcoStrong.The company says the its will complete its conversion to 100% EcoStrong PLC cement production across all facilities in 2023.Its Roberta, Alabama cement plant and Atlanta, Georgia grinding plant will transition by mid-2022, while its Newberry, Florida cement plant will transition by October 2022.Argos USA plans to use EcoStrong cement at all of its Eastern US ready-mix concretesites by mid-2022.

Cement technical director Steve Wilcox said“I am excited to be part of Argos’ brand announcement for our PLC Type IL product. EcoStrong PLC encompasses everything we have worked for over the past decade, to offer a high-quality product with lower embodied carbon, which contributes to the ultimate goal of decarbonising across our operations. Our PLC product is engineered to reduce the harmful effects on the environment and perform similar to or better than our ordinaryPortland cement (OPC) Type I/II. EcoStrong PLC empowers our customers, specifiers, architects, and engineers to design and execute their projects with resilience and sustainability.”

Published in Global Cement News
Tagged under
  • US
  • Argos USA
  • Argos
  • Product
  • Portland Limestone Cement
  • Plant
  • Alabama
  • Florida
  • GCW555

Government of Quebec allocates US$36m towards upgrade at Ciment Québec’s Saint Basile plant

04 May 2022

Canada: The Government of Quebec says it will allocate up to US$36m towards a US$110m upgrade project at Ciment Québec’s integrated St Basile plant. The plant intends to build a new grinding unit including new reception, storage and raw material handling systems and two mills. The work is intended to reduce the CO2 emissions from the plant. France-based Fives FCB previously said that it had won a contract for the project. Commissioning of the new equipment is scheduled for the beginning of 2024.

Published in Global Cement News
Tagged under
  • Canada
  • Government
  • Quebec
  • Plant
  • Upgrade
  • Ciment Québec
  • grinding plant
  • Mill
  • GCW555
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  • Fives FCB
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