· The plan aims to cap clinker capacity at 1.8Bnt/yr by 2026, with 30% of it above the national energy efficiency benchmark level. This will reduce energy consumption per tonne by 3.7% from 2020 levels. The plan will eliminate 13Mt of CO 2 emissions and 5Mt of coal consumption in 2024 – 2025. Published in Global Cement News.
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· Business News Africa has reported that the railway will serve Dangote Cement’s local operations, as well as businesses in other industries. The project will cost US$5.6bn, of which Tanzania Railways Corporation has already secured US$2.2bn in potential private investments. Published in Global Cement News.
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· In 2022 – 2024, the construction of Nusantara is expected to use 1.94Mt of cement. Research from the Bandung Institute of Technology previously forecast in 2022 that the Nusantara project would raise Indonesia’s cement demand by 33% to 84Mt/yr for 20 years from the start of its construction. Published in Global Cement News.
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· 17 April 2024. Ukraine: Data from Ukrcement, the Ukrainian Cement Association, show that cement consumption grew by 17% from 4.6Mt in 2022 to 5.4Mt in 2023. Pavlo Kachur, the head of Ukrcement, said that consumption is expected to continue growing modestly in 2024, according to Interfax-Ukraine.
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· 26 March 2024. South Africa: The South African cement industry faces plant closures and job losses due to an influx of ‘cheap’ cement imports, according to a recent study. Chronux Research found that cement imports to South Africa rose by nearly 20% in 2023, despite logistical challenges at ports.
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:Concrete and CementWorld Cement NewsCement Projects · The move by the members of the Global Cement and Concrete Association (GCCA) marks the biggest global commitment by an industry to net zero so far – bringing together companies from the
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12 April 2021. China: Huaxin Cement has forecast consolidated net profit growth of 104%-111% year-on-year to US$55.7m – US$59.6m in the first quarter of 2021 from US$53.7m in the same period in 2020. The group said that cement volumes rose by 60% and concrete and aggregate volumes grew by over 200%.
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5 · About Global Cement Global Cement brings you essential news, events, research and market data on the global cement industry.Global Cement covers all aspects of the cement industry: mining and quarrying, refractories, process optimisation, monitoring, alternative fuels, environment and safety, markets, country reviews, cement
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:Global Concrete and Cement AssociationGCCA1 · Dublin, June 24, 2024 (GLOBE NEWSWIRE) -- The "Global Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments by Cement
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· Egypt: Beni Suef Cement Company has reported a 32% year-on-year decline in profit for the first quarter of 2024, with a net profit after tax of US$873,000 compared to US$1.3m in the same period in 2023. Despite the fall in profits, sales rose significantly to US$14m from US$5.8m in the first quarter of 2023. Published in Global
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· Several of South Africa’s cement and concrete producers joined up in early March 2021 to form an industry association called Cement & Concrete SA (CCSA). The Concrete Institute, Concrete Society of Southern Africa and the Association of Cementitious Material Producers established the organisation to, “take the lead on all
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· Germany: Heidelberg Materials, in partnership with Linde, is constructing a large-scale carbon capture and utilisation (CCU) facility at its Lengfurt cement plant, set to start operating in 2025. According to the company, it will be the first of its kind. The project is named Capture-to-Use (CAP2U) and will capture 70,000t/yr of CO₂.
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· 18 June 2024. Brazil: The heavy rains and flooding in Rio Grande do Sul state have negatively affected cement sales in May 2024, with volumes dropping by 5.6% year-on-year to 5.3Mt, according to the National Union of the Cement Industry (SNIC). Overall sales for the first five months of 2024 reached 25.2Mt, a slight increase of 0.8%.
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· 27 March 2024. Ireland: CRH says that it has completed the sale of its UK lime business. The sale concludes the second phase of the group’s divestment of its lime operations in Europe, first announced in November 2023. The total sale value of CRH’s European lime business is US$1.1bn. Published in Global Cement News.
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03 June 2024. Egypt: Sinai Cement Company reported a consolidated net profit of US$6.4m for the first quarter of 2024, a turnaround from a net loss of US$1.2m in the same period last year. The company's net sales reached US$24.6m, down slightly from US$26.3m in the first quarter of 2023. Published in Global Cement News.
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:Global Concrete and Cement AssociationGCCA01 March 2024. Tanzania: Huaxin Cement Tanzania Maweni Company has successfully commenced operations at its new Mavini plant. INPR News has reported that the plant will export cement to other countries. This will generate economic growth whilst also creating 1000 new jobs for local people, according to the company. Published in Global Cement
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:GCCAConcrete and Cement5 · New partnership agreed between UNIDO and GCCA to drive industry decarbonisation. Thursday 20 June 2024 08:49. An agreement has been signed by the
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· 12 June 2024. Portugal: Sacopor has inaugurated a new bag production line at its paper bag plant near Lisbon. The new line will increase capacity to 160 million bags per year from 130 million at present. It had an investment of €11.5m. The subsidiary of Cimpor sells bags to the cement mortar industries. Published in Global Cement News.
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· Pakistan: Thatta Cement’s sales were US$19.6m in the nine-month period up to 31 March 2024, up by 38% from nine-month levels in the previous financial year. The producer’s cost of sales climbed by 12% to US$14.3m. Thatta Cement succeeded in raising its profit by a factor of eight to US$2.64m. Published in Global Cement News.
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(London: 12 October 2021) Forty of the world’s leading cement and concrete manufacturers today join forces to accelerate the shift to greener concrete by pledging
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· 19 June 2024. Adani Group’s subsidiary Ambuja Cements signed a deal this week to buy Penna Cement for US$1.25bn. The agreement adds 14Mt/yr of cement production capacity to the group with a focus in the south of India. The acquisition is a big step towards the group’s target of reaching a capacity of 140Mt/yr by 2028.
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21 May 2024. Brazil: Italy-based Buzzi will acquire complete ownership of cement producer Cimento Nacional in a deal valued between €290m and €310m. The transaction involves the exercise of a put option on a 50% stake by Grupo Ricardo Brennand, making Buzzi the sole owner, according to local sources.
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· 05 December 2023. Colombia: Grupo Argos launched a buyback of US$10.1m-worth of its shares on 4 December 2023. Local press has reported that the offer covers US$8.33m-worth of common shares and US$1.73m worth of preferred shares. The offer will remain open until 7 December 2023. Published in Global Cement News.
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· Print. India: The India Cements recorded full-year consolidated sales of US$678m during the 2023 financial year, up by 15% year-on-year from 2022 financial year levels. The Economic Times newspaper has reported that the company increased its cement sales volumes by 9%, in line with overall volumes growth in the cement
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· Daily News has reported that the government helped Mbeya Cement to pay off US$67.9m-worth of debt. Holcim’s East and South Africa area manager Rajesh Surana said “It is another milestone as we today sign the agreement on behalf of other shareholders, aimed at ensuring that Mbeya Cement operates on profit to rebuild growth
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Anhui Conch Cement to buy back up to US$82.5m-worth of shares Competition Commission of India to conduct market study into cement industry BUA Cement’s nine-month sales boom in 2023 Caribbean Cement raises sales in first nine months of 2023
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03 June 2024. Spain: Cement consumption in Andalusia fell by 15% in the first quarter of 2024, to 0.67Mt, marking a decrease of 0.11Mt from the same quarter in 2023. The Cement Manufacturers Group of Andalusia (AFCA) attributes the significant 29% drop in March 2024 to the timing of Holy Week and heavy rainfall, which impacted construction
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· 07 June 2024. Taiwan: Taiwan Cement recorded a net income of US$60.8m in the first quarter of 2024, marking a 39% rise from the same period last year, despite a 2.9% decline in revenue to US$790m. The company's profit margin increased to 7.7% from 5.4% in the first quarter of 2023, attributed to reduced expenses. Published in
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:Global Concrete and Cement AssociationCarbon Emissions · In 2021, the world’s leading producers, representing 80% of global production outside of China, became the first ‘heavy’ industry to set out a clear pathway
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1 · Global: Vattenfall and Cemvision have agreed to develop and supply low carbon cement, aiming to cut CO₂ emissions by 95% from traditional levels, according to
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