13 February 2018
09 February 2018
07 February 2018
UAE: Fujairah Cement Industries Co (FCIC) has reported a decline of 9% in its profits for the fourth quarter of 2017 compared to the same period a year ago. Earnings decreased to about US$2.7m in the fourth quarter of 2017 from US$3.0m in the fourth quarter of 2016.
During the 2017 fiscal year, the cement producer posted a drop of 35% in its profit to US$10.1m compared to US$15.4m in 2015. This was in part due to a 7% decrease in revenue and higher general and administrative expenses, which rose by 29% to US$6.4m.
US: Two LafargeHolcim US cement plants have been awarded the Environmental Protection Agency’s (EPA) Energy Star award. The EPA recognised the Holly Hill plant in South Carolina and the Devil’s Slide plant in Morgan, Utah.
“Receiving the Energy Star award this year at two sites is an affirmation of the hard work all our employees are devoting every day to meeting our environmental goals,” said John Stull, chief executive officer (CEO), US Cement.
This recognition is the eighth time the EPA has awarded both the Holly Hill and Devil’s Slide plants with the Energy Star award since 2009.
UK: CO2 emissions from cement production fell by 2% year-on-year to 696kg/t in 2016 from 709kg/t in 2015. Data from the Mineral Products Association (MPA) Sustainable Development (SD) Summary Data for 2017 report shows that local cement sales rose by 3% to 10.5Mt from 10.2Mt at the same time. Alongside this waste and by-products recovered as raw materials and fuels by the cement industry fell by 6% to 1.5Mt from 1.6Mt.
“The MPA supports the industry's continuing commitment to measuring and reporting data and to transparency on performance. The reporting process is now evolving to reflect the 7 strategic priorities set out in the MPA Charter and as part of this process we will be working to further improve the quality and coverage of our sustainability data,” said Nigel Jackson, the chief executive of the MPA.