Cement News tagged: Corporate
Bharathi Cement releases robotically-produced cement
'Bharathi Ultra Fast' is a new multi-purpose cement produced by Bharathi Cement company (Vicat group) in India. The premium quality cement has just been launched and it promoted 'greener' costruction by being produced with robotic technology. Bharathi Ultra Fast has been developed for engineers and masons for all concrete applications with several advantages over OPC53 cement. It features a...
Vicem reports 10% sales increase in 1H18
Vietnam’s Vicem has reported a 10.1 per cent YoY increase in cement and clinker sales for 1H18, with the total 14.7Mt including 11.74Mt of exports. Additionally, the company’s cement and clinker output rose 8.5 per cent and 6.4 per cent to 10.15Mt and 11.56Mt, respectively. It aims to produce a further 5.08Mt of clinker and 6.28Mt of cement in the 3Q18, up 24.7 per cent and 1.4 per cent, res...
LafargeHolcim France invests EUR3.5m in Dunkerque Nord grinding unit
LafargeHolcim France is installing a new blending facility at its Dunkerque Nord grinding plant to increase the unit’s capacity. With equipment supplied by Wamservira will enable the grinding plant to produce low-carbon cement. The EUR3.5m investment is located in the heart of the Port of Dunkerque on a 2.5ha site. Work started on 26 May with the construction of the foundations. The dos...
BUA Group to commission 1.5Mta plant in Nigeria
BUA Group is set to commission its 1.5Mta Kalambaina plant on Tuesday, 12 July. At a cost of US$350 million, it will be the largest single private sector-led investment in northwest Nigeria. The facility features a high-capacity coal mill and a multi-fuel plant. The plant is expected to generate 2000 jobs and improve the country’s exchange with Niger and Benin, according to the Daily Trust. I...
Raysut Cement reports loss of cement carrier
Raysut Cement Company has announced total loss of its Raysut II cement carrier in the wake of Cyclone Mekunu on 25 May. The vessel is owned by Raybulk Navigation Inc, a subsidiary of Raysut Cement. The vessel ran aground at Fazayah beach, 18 nautical miles west of Salalah Port during storm. According to media reports, the group is expected to receive OMR4.129m (US$10.7m) against insurance fo...
Bharathi Cement to build two new plants
Hyderabad-based Bharathi Cement is aiming to strengthen its presence in western and eastern India with new plants and products, according to The Economic Times. The Indian cement producer is planning two new cement plants in Vizag and Mumbai in the next 2-3 years. “The two plants can cater to the demand in eastern and western parts of the country,” said Ravinder Reddy, Bharathi’s marketing ...
Ibeto Group completes planning stages of two new plants
Nigeria’s Ibeto Group has announced that its project with Sinoma to construct two cement plants in Nkalagu and Effium, Ebonyi State, has concluded the planning stages. The first factory will be situated adjacent to Nigerian Cement Co’s Nkalagu plant and have a 9000tpd capacity, according to Cletus Ibeto, CEO, Ibeto Group. "We are not going to remove anything from the old plant but set up the...
Lehigh Hanson Speed plant earmarked to become distribution centre
The Lehigh Hanson Speed cement plant in Indiana is expected to cease production in about four years and become a distribution centre, following the completion of the modernisation at the Mitchell works . The step will lead to the loss of some 100 jobs at the works, although Lehigh Hanson expects to relocate around half of the jobs to the new works. Jobs at Speed would likely fall under plan...
Lehigh Hanson announces US$600m expansion and modernisation project
US-based Lehigh Hanson Inc has announced a US$600m plan to modernise and expand its plant in Mitchell, Indiana. The project to increase production capacity while significantly reducing energy usage and emissions, is the largest expansion and modernisation that the company has undertaken in North America. "The modernisation of the Mitchell plant will enable us to produce cement more efficien...
Maple Leaf Cement updates about expansion
Maple Leaf Cement Factory Ltd has advised the Pakistan Stock Exchange (PSX) about the company's progress on the implementation of the additional of 7300tpd clinker line at its Iskanderabad plant. The project will raise the plant's total grey cement capacity to 18,000tpd at a cost of INR25bn. The project cost is being financed approximately 17 per cent by way of right issue, 51 per cent throu...
LafargeHolcim on track to open new Cimencam plant in early 2019
Construction on the new Cimencam plant in Nomayos, Cameroon, is progressing well and the 0.5Mta works is on track for commissioning in early 2019, according to reports by Ecofin Agency. "In terms of investments, I think Nomayos is the most important. When we go to Nomayos today, there are almost 200 people working, some Chinese and many Cameroonians. The civil engineering is well advanced, ...
Lafarge Malaysia MYR270m ECRL contract suspended
Lafarge Malaysia Bhd MYR270m (US$66.7m) contract to supply cement to the East Coast Rail Link (ECRL) project has been suspended. The cement producer said that China Communications Constructions (ECRL) Sdn Bhd (CCC), the main contractor to the project, has suspended the contract as the government is currently reviewing the project. LafargeHolcim’s wholly-owned subsidiary had signed an ag...
Shree Cement acquires 98% stake in UCC
Shree Cement has completed the acquisition of a 97.6 per cent stake in the UAE’s Union Cement Co (UCC). The deal was struck through the company’s wholly-owned subsidiary, Shree International Holdings, incorporated in the UAE. The acquisition was managed by Ras Al Khaimah’s Investment and Development Office (IDO) on behalf of the government, according to an official statement. "The acquisiti...
Mindanao region poised for higher cement demand
Currently in the Philippines, there are about 60 nationwide infrastructure development projects related to Build, Build, Build scheme and about 14 of these are in Mindanao. Most of those in Mindanao are still in the feasibility study stages and may start construction by next year. Mindanao Development Authority (Minda) Assistant Secretary, Romeo Montenegro, said as there are no apparent...
ARM negotiating US$120m loan deal with IFC
ARM Cement Ltd of Kenya is trying to reach an agreement with the International Finance Corp about a capital injection of US$120m in loans, acccording to ARM's Chief Executive Officer, Pradeep Paunrana. "Nobody just gives you US$120m without conditions," Mr Paunrana said. "We are in discussions, it is not a facility, it is a term sheet. There are conditions attached to this." The main conditi...
Former Vicem general director dismissed from executive comittees
Tran Viet Thang, former general director of the Vietnam Cement Industry Corporation (Vicem), has been dismissed as member of the Executive Committee of the Central Businesses’s Party Unit and member of the Executive Committee of Vicem's Party unit. Thang has been found guilty of several legal violations as well as breaking Party rules. Tran Viet Thang took control of Vicem, the country's lead...