Cement News tagged: Corporate
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 ...
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...