Concrete

31 per cent increase in Russia’s cement exports

Published

4 months ago

November 17, 2022

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Due to sharp price rises in imported coal from Australia, Canada and Indonesia, cement producers increased their reliance on these alternative sources of coal after the South Korean government placed sanctions on Russia in March 2022. Russia exported 14.9MT of cement in the first nine months of 2022. This is 31 per cent higher than the year on year from 11.4 MT in the corresponding period of 2021. Meanwhile in India, Russian coal imports are expected to decline for a second consecutive month in October 2022, by 51 per cent month-on-month to 730,000t. Russian media attributed this to stockpiling by cement market leader UltraTech Cement and others earlier in 2022.

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Concrete

Heidelberg Materials secures SBTi validation

Published

6 days ago

March 16, 2023

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The Science-Based Targets Initiative (SBTi) has validated Heidelberg Materials’ new 2030 CO2 reduction targets. The targets have a base year of 2020 and conform to a 1.5°C climate change framework. Per tonne of cementitious material, the producer is now committed to reducing its Scope 1 CO2 emissions by 24 per cent, its Scope 2 CO2 emissions by 65 per cent and its Scope 3 emissions by 25 per cent.

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Concrete

FLSmidth increases cement business sales and earnings in 2022

Published

6 days ago

March 16, 2023

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FLSmidth’s cement business recorded 29 per cent, year-on-year sales growth to US$2.14bn in 2022, from US$1.66bn in 2021. The business’ earnings before interest, taxation and amortisation (EBITA) totaled Overall, FLSmidth’s sales rose by 24 per cent, while its EBITA fell by 8 per cent, year-on-year.

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Concrete

Awards for Lafarge Africa

Published

6 days ago

March 16, 2023

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Lafarge Africa has won different awards for its contributions and achievements in sustainability and environmental performance as well as its commitment towards gender inclusion and diversity in the workplace in 2022. These are: the Award for Sustainability Reporting at the 2022 NGX Made of Africa Awards; the Eco-friendly Cement Manufacturing Company of the Year Award at the Environmental Sustainability Conference, Expo, and Awards 2022 (ECOSEA); Environmental Sustainability Professional of the Year for Titilope Oguntuge, the company’s head for Sustainability & Corporate Branding, also at ECOSEA 2022 and; Most Outstanding Company in Gender Inclusion’ (Extractive Industry) at the Women in Marketing Communications Award (WIMCA) 2022.

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