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            United Arab Emirates Cement
            Cement News
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            LATEST CEMENT INDUSTRY NEWS
            JK Cement increases sales as profit falls in second quarter of 2022 financial year
            India: JK Cement’s second-quarter sales were US$247m in the 2022 financial year, up by 18% year-on-year from US$209m in the second quarter of 2021. Its profit fell by 24% to US$22.7m from US$30.1m. During the quarter, the company reported a rise in operating expenses of 32% to US$203m from US$153m./Global Cement
            www.mailelectric.com - Nov, 17,2021

            Cementir Holding increases sales and earnings so far in 2021
            Italy: During the first nine months of 2021, Cementir Holding recorded consolidated sales of Euro1.01bn, up by 12% year-on-year from Euro897m in the corresponding period of 2020. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 21% to Euro215m from Euro178m. Its net debt on 30 September 2021 was Euro100m, less than half that on 30 September 2020. Its third-quarter cement and clinker sales were 2.9Mt, down by 7.5% year-on-year. This was due to the impacts of pent-up demand post-Covid-19 lockdown, especially in Belgium and Turkey, in the third quarter of 2020. Dow Jones Global News has reported that chair and CEO Francesco Caltagirone said "In the first nine months of 2021, the group reported results in line with our expectations.” /Global Cement
            www.mailelectric.com - Nov, 15,2021

            Dalmia Cement commits to 100% low carbon cement production 2031
            India: Dalmia Cement plans for 100% of its cement to be low carbon by 2031. The company has a US$405m carbon capture and utilisation (CCU) investment plan to help it to realise its goal. It will also undertake carbon offsetting measures. Business Line News has reported that the company plans to spend US$1.35bn to increase its installed cement capacity by 52% to 50Mt/yr from 33Mt/yr before the 2024 financial year. /Global Cement
            www.mailelectric.com - Nov, 10,2021

            Najran Cement increases sales and profit in first nine months of 2021
            Saudi Arabia: Najran Cement’s sales in the nine-month period which ended on 30 September 2021 were US$117m, up by 1.2% year-on-year from US$116m in the corresponding period of 2020. The company increased its nine-month net profit by 7.5% to US$34.5m from US$32.1m. It said that its cost of sales per tonne and finance expenses both declined. /Global Cement
            www.mailelectric.com - Nov, 03,2021

            Kavkazcement to upgrade Kavkaz cement plant in 2021 - 2022 shutdown
            Russia: Kavkazcement has announced that it will use its Kavkaz cement plant s annual shutdown in the winter of 2021 - 2022 to upgrade the plant s raw materials mills and kiln lines. The Eurocement subsidiary plans to spend US$7.14m on the work, which also includes the replacement of burners in kilns 2 and 4 and the installation of new drying drums, compressors and electrostatic precipitators. The upgrade will increase the 3Mt/yr plant s cement capacity by 10% and its clinker capacity by 30%. Managing director Vladimir Sokoltsov said that the upgrade focused on minimising the plant s environmental impacts. Sokoltsov said “We will prepare the plant for the high construction season in April 2022. Our products are used in the construction of the largest industrial, transport and municipalinfrastructure in southern Russia." He continued "We understand that the quality of life of a large number of people depends on the pace of our work.” /Global Cement
            www.mailelectric.com - Oct, 28,2021

            Qizilqum Cement s sales fall in first nine months of 2021
            Uzbekistan: Qizilqum Cement’s nine-month sales fell by 11% year-on-year in 2021. A 4.4% decline in cost of goods sold failed to create earnings before interest (EBIT) growth during the period. The company recorded a 36% fall in EBIT. Bluestone Investment Bank recorded 4.5% year-on-year growth in Uzbekistan’s volume of construction during the first nine months of 2021. In the first eight months of the year, its cement companies produced 8Mt of cement, up by 18% year-on-year. Cement imports rose slightly to 0.56Mt. /Global Cement
            www.mailelectric.com - Oct, 25,2021

            Big Boss Cement suspends operations until 2022
            Philippines: Big Boss Cement has reportedly suspended business operations until 2022. An unnamed source at the company quoted by the Philippine Daily Inquirer newspaper said that the company is ‘rehabilitating’ its facilities. It added that the company is using a lull in business to make changes. The company was set up by SM Group heir Henry Sy Jr in 2018. It opened a grinding plant at Porac in Pampanga, Luzon in 2018 and commissioned a third mill at the site in late 2020. Notably the unit manufactures its own secondary cementitious material, which it calls Granulated Activated Sand by Heating, as well as importing clinker and other raw materials. /Global Cement
            www.mailelectric.com - Oct, 21,2021

            UltraTech Cement to increase sales and profit in second quarter of 2022 financial year
            India: Ratings agency Emkay Global has forecast an 11% year-on-year rise in UltraTech Cement’s second-quarter sales in the 2022 financial year to US$1.5bn from US$1.36bn. It expects the producer’s cement sales to rise by 6% in the period to 20.4Mt, and its net profit to grow by 6.4% to US$174m from US$163m.The Economic Times newspaper has reported that Emkay Global predicted that UltraTech Cement’s costs will rise by 7% and that its earnings before interest, taxation, depreciation and amortisation per tonne of cement will fall by 5% year-on-year./Global Cement
            www.mailelectric.com - Oct, 19,2021

            Ambuja Cements Limited develops Science Based Targets in line with its Net Zero emission ambition
            Ambuja Cements Limited following the lead of the Holcim group has developed and got validated its 2030 carbon emission reduction targets by the Science Based Targets initiative (SBTi) aligned with the reductions required to limit global warming to well below 2°C. The company has signed the “Business Ambition for 1.5°C” pledge joining the Race to Zero campaign of the United Nations Framework Convention on Climate Change. Ambuja Cement commits to reduce Scope 1 and Scope 2 GHG emissions by 21% per ton of cementitious materials by 2030 from a 2020 base year. With this target, Ambuja Cement commits to reduce scope 1 GHG emissions by 20% per ton of cementitious material and scope 2 GHG emissions by 43% per ton of cementitious materials in this timeframe. “At Ambuja Cement, we are constantly dedicated and invested towards sustainable development and aim to include sustainability in all operational and project planning. With SBTs developed and validated, Ambuja Cement has now joined the group of global companies promoting an ambitious low carbon economy model for the industry. Being part of the Holcim group and one of the pioneers in the Indian Cement industry, we have taken another step towards strengthening our Climate Change adaptability by joining the Race to Zero. Ambuja Cement will continue to implement such best practices and adopt continuous improvement initiatives to achieve our business vision “To be most competitive and sustainable company in our industry”, said Neeraj Akhoury, MD & CEO, Ambuja Cements Limited and CEO India, Holcim. /World Cement
            www.mailelectric.com - Oct, 14,2021

            Waste incinerator to supply ash for precast concrete production study
            Germany: Scientists at the University of Kassel in Hessen have launched a study into the use of ash from waste incinerators in precast concrete production. The Hessische Allgemeine newspaper has reported that a waste-to-energy plant in Kassel will provide the ash for concrete production in partnership with local companies Kimm Baustoffe and Geb?udeke Baustoff-Recycling. The study aims to produce pre-cast concrete elements containing at least 30% ash, beginning with paving slabs and noise barriers. Project leader David Laner said that ash has the potential to help lower concrete’s carbon footprint. He said “So far, it has been put to lesser-value uses; we make a product out of it - upcycling instead of downcycling.” /Global Cement
            www.mailelectric.com - Oct, 12,2021

            Tangshan Jidong Cement to issue US$155m-worth of bonds
            China: Tangshan Jidong Cement has announced plans to issue a tranche of bonds with a total value of not more than US$155m. Reuters News has reported that the issuance is the second by the company. /Global Cement
            www.mailelectric.com - Oct, 09,2021

            Cement Corporation of India fails in bid to reopen Adilabad cement plant
            India: The Telangana government says that it has failed to persuade the Indian government to reopen the mothballed Cement Corporation of India Adilabad cement plant. The Press Trust of India newspaper has reported that this is despite an offer by the state’s government to contribute to costs. IT and Industries Minister Ramon Rao said that the Telangana government aims to create 50,000 new jobs and claimed that the state is the fourth largest contributor to India’s economy. /Global Cement
            www.mailelectric.com - Sep, 29,2021

            Raysut Cement to launch Duqm grinding plant in late 2021
            Oman: Raysut Cement has said that it will commission its upcoming 1Mt/yr Duqm plant, the country’s first clinker grinding plant, in late 2021. The cost of the project is US$30m. The company’s global capacity target is 10Mt/yr by 2022 and 22Mt/yr ‘in the near future.’ It operates the 3Mt/yr Salalah cement plant in Oman and holds minority stakes in three East African grinding plants. Support services and business development chief Yousef Ahmed Alawi Alibrahim said “This has been a challenging year for manufacturing industries in general, but RCC has been able to negotiate the hurdles with effective planning focusing on health and safety.” /Global Cement
            www.mailelectric.com - Sep, 26,2021

            Saoura Ciment launches sulphate-resistant cement production
            Algeria: Saoura Ciment has begun sulphate-resistant cement production at its Saoura cement plant near Béchar. The Groupe des Ciments d Algérie (GICA) subsidiary made the move as part of efforts to diversify its production. It plans to supply the product to public works projects in the region, where its resistance to high soil salinity will prove useful. The cement will be available from all four of the plant s commercial outlets in and around Bechér. In August 2021, Saoura Ciment produced 180,000t of cement. It exported 25,000t to Mali, Mauritania and Niger during the month. /Global Cement
            www.mailelectric.com - Sep, 17,2021

            Orissa state government approves grinding plants projects by My Home Industries and Ramco Cements
            India: The state government of Orissa has approved cement grinding plant projects proposed by My Home Industries and Ramco Cements. My Home Industries plans to build a new 3Mt/yr grinding plant at Badchana in Jajpur. The Orissa Diary newspaper has reported the value of the producer’s planned investment as US$89.0m. Ramco Cements has proposed a 0.9Mt/yr at Haridaspur in Jajpur. The unit will cost US$26.0m and employ 60 local people. /Global Cement
            www.mailelectric.com - Sep, 07,2021


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            ? Sustainability Report 2008 Canadian Cement Industry



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