Cement News tagged: Corporate
Tarmac sets up more flexible distribution model
Tarmac (CRH group) is to restructure the distribution model for its Cement and Lime division in the UK. A comprehensive strategic review will result in a more flexible regional model for both bulk and packed cement distribution, which have previously operated on a national basis. Tarmac's own fleet operations will handle around 50 per cent of bulk cement and 20 per cent of packed cement dist...
HeidelbergCement to close kiln at Rustavi, Georgia
HeidelbergCement will be closing its Rustavi kiln as well as curtailing its production at the Dedoplitskaro limestone quarry, reports the Georgian Cement Association. The association attributes the closure on competition from Iran, which it says is dumping cement onto Georgian market.
JSW Cement to construct 1Mta facility in UAE
India’s JSW Cement has announced plans to invest US$150m to construct a 1Mta clinker unit and captive power plant in Fujairah, UAE. The project is part of the company’s target to reach a capacity of 20Mta by 2020 and will be conducted through its wholly-owned subsidiary, JSW Cement FZE. "Our plans to establish this clinker unit reaffirms JSW Group’s commitment to stay invested in Fujairah. J...
Long Thanh Cement receives approval for capacity upgrade
The Vietnamese Ministry of Construction has approved Long Thanh Cement JSC’s plans to raise the capacity at its facility in Tan Tao, Ha Nam, from 0.91Mta to 2.3Mta. The Ministry also permitted the company to change the name of the unit to Long Thanh cement plant, according to Viet Nam News. The plant was constructed at an initial investment of VND1.3trn (US$56.52m) has a clinker capacity of 2...
Tarmac plans Dunbar plant modernisation
UK-based Tarmac has announced plans to modernise its plant in Dunbar, Scotland. The proposal, submitted for approval to the East Lothian Council, includes the addition of a grinding unit, storage silo and a rail loading facility. "These plans will help us take the Dunbar cement operation onto another level in terms of efficiency and use of the rail network for transportation across Scotland...
Sabanci reportedly considers the sale of three facilities
Turkey’s Sabanci Holding is considering the sale of three of its cement factories, according to Reuters. The factories include Çimsa’s Kayseri (1.1Mta) and Nidge (0.81Mta) units, and Akçansa’s Ladik (1Mta) facility. Sabanci has reportedly authorised Unlu & Co, a financial group, for the deal.
FLSmidth and CNBM sign framework agreement
FLSmidth and China National Building Material (CNBM) have signed a framework agreement to offer the cement industry more competitive plant solutions. Song Zhiping, chairman of CNBM Group, and Thomas Schulz, Group CEO of FLSmidth, signed the framework agreement at a high-level meeting at the FLSmidth headquarters in Denmark this week. "It was a pleasure to welcome the guests and to participat...
UltraTech's 2Q18 sales rise by 27%
UltraTech Cement Ltd's unaudited financial results for the quarter ended 30 June 2018 reported net sales of INR88.4bn (US$1.28bn), up 27 per cent from INR69.3bn of the previous year. Profit before interest, depreciation and tax (EBITDA) was INR17630m when compared with INR17980m in the corresponding period of the previous year. Sales volume jumped 34 per cent over 1QFY18. The company achieve...
HeidelbergCement Bangladesh to acquire Meghna Energy
The Board of Directors of the HeidelbergCement Bangladesh Ltd has approved the draft scheme of amalgamation of the Meghna Energy Ltd with the HeidelbergCement Bangladesh Ltd subject to sanction by the High Court Division of the Supreme Court of Bangladesh and approval of the same by the members of the Company and Meghna Energy Ltd. HeidelbergCement Bangladesh Ltd will acquire 4,056,457 share...
Ecocem France officially opens new plant in Dunkerque
Ecocem France has opened its new 0.75Mta production plant in Dunkerque, France. Located on a 4ha plot in the Port of Dunkerque, the new facility is equipped with a vertical mill, a mixer and storage facilities. Further expansion is taken into account as the plant’s production capacity can be increased to 1.4Mta. The new plant enables Ecocem France to gain access to northern French markets ...
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 ...