Cement News from International Cement Review


Breedon enters agreement to acquire Lagan Group (Holdings) Ltd
Corporate - 17 April 2018

Breedon enters agreement to acquire Lagan Group (Holdings) Ltd

Breedon Group Plc has entered into a conditional agreement to acquire Lagan Group (Holdings) Ltd (Lagan), a leading Belfast-based construction materials business, for a cash consideration of GBP455m on a cash- and debt-free basis. The consideration will be financed by a combination of a new GBP150m term loan, a new GBP350m revolving credit facility which replaces Breedon's existing GBP300m r...

International - 23 April 2018

Cimerwa to resume full production in May

Rwanda’s Cimerwa has resumed production after a two-month break for maintenance and upgrade works. This is expected to ease a cement deficit in both Rwanda and Uganda, while also stabilising prices that have recently increased, according to The East African. The company is currently completing post-maintenance tests and aims to begin full production at its 0.6Mta Bugarama facility in May. T...

Trading - 20 April 2018

Export of clinker from Pakistan on the rise

The Pakistan cement industry experts predict a greater clinker export potential for export since excess capacities in China have been curtailed substantially over environmental concerns, while demand from Bangladesh and other countries are also growing. India and Vietnam as well as east Africa (and particularly Uganda and Tanzania) remain viable export destinations for Pakistani cement produce...

Freight Markets - 22 February 2018

McInnis Cement faces rail limit

Canadian cement producer McInnis Cement faces a new challenge in distributing its cement. The Quebec Ministry of Transport is imposing a 10 rail cars/week limit on cement transportation between Matapédia and Caplan due to the dismal state of the rail line. While 90 per cent of its 2.3Mt cement output is shipped, McInnis Cement had planned to increase rail transport of its products to Canadi...

Corporate - 23 April 2018

ANCAP has stocks for four days

The cement plant owned by ANCAP in Minas, Uruguay, has only four days of stocks left, reports Esmerk Latin American News. Production was halted in February by the union on grounds that there was insufficient personnel on the ground. ANCAP’s cement division generated a loss of US$12.3m in 2017, down from a loss of US$27m the previous year. Although ANCAP still holds on to an important ma...

Environmental - 23 April 2018

Vassiliko Cement in talks to take SRF/RDF waste

The Water Development Department (WDD) in Cyprus is in talks with Vassiliko Cement Works to use byproducts generated at the municipal waste treatment plant at Pentakomo as alternative fuels as an alternative to landfill. The government would have to pay Vassiliko to take in the SRF/RDF sludge, reported the Cyprus Mail. Vassiliko has requested additional sample analyses of the byproduct to de...

Recent Orders - 23 April 2018

Loesche wins VRM order for Objana's Line 5

Loesche is delivering two vertical roller mills (VRM) for Dangote Cement's Obajana plant's new line in Kogi State, Northern Nigeria. With a total capacity of more than 12Mta, this plant is currently not only the largest cement plant in Nigeria but also the largest cement plant in sub-Saharan Africa. Loesche's order for the new Line 5 in Obajana comprises a high-performance six-roller mill for...