Gypsum production down, but sales up in July 2009
A recent report from the USGS reveals varied results for the US gypsum industry in July 2009.
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A recent report from the USGS reveals varied results for the US gypsum industry in July 2009.
Cemex has lowered expected cashflow figure for 2009 to US$ 2.9 billion, compared to US$ 3.2 billion predicted earlier this year.
FLSmidth has been awarded a contract worth approximately €35 million (DKK260 million) from Coastal Gujarat Power Ltd for the supply and construction of a coal handling system for the company's Ultra Mega Power Plant project in the state of Gujarat, India.
The US Department of Energy has released the initial phase of funding for industrial carbon capture and storage projects. The successful projects include trials by Cemex, Air Products and Chemicals, ConocoPhillips, Praxair and Shell.
The world’s population is expected to grow by 40% over the next 50 years, and 80% of people will be living in the developing countries. Some 70% will be living in cities.
There are renewed efforts to address the problem of overcapacity in China’s cement industry. Projects are being put on hold as older plants are closed down.
Several companies in North America have developed ways to create greener, more environmentally friendly concrete.
Grasim Industries Ltd will transfer its cement business to its subsidiary unit Samruddhi Cement, which will eventually be merged with Ultratech Cement.
The impact of the recession is being felt across America this week, as 500 employees of Ash Grove Cement are laid off at nine of its ten plants. The shutdowns are temporary, but no date has been projected for restarting production.
The US Environmental Protection Agency has announced that it will limit greenhouse gas emissions from major new sources of pollution.
On 22 September 2009, Cemex opened a new cement grinding and blending plant at the port of Tilbury in Essex.
USGS data shows aggregate consumption increased in Q2, but is still a long way behind 2008 figures. The growth could be a standard seasonal increase or a sign of the beginnings of recovery. The cement industry has also shown signs of improvement, but stimulatory efforts have so far had little impact.