Cement News tagged under: Weekly Newsletter
ECRA to test oxyfuel on industrial scale with two pilot projects30 January 2018, Published under Cement NewsBased on extensive research undertaken by the European Cement Research Academy (ECRA), oxyfuel technology will now be implemented in two cement plants in Europe. "The technical feasibility of oxyfuel technology can only be proven in real-scale application, but we have sufficient information from our research to believe that we will obtain a positive result after the trials," said Daniel Gauthier, chairman of ECRA. Over the past few months ECRA has examined the suitability of sites tha... |
Taiwan Cement plans to increase alternative fuel use29 January 2018, Published under Cement NewsTaiwan Cement Corp has announced plans to work with Beijing Orient Landscape & Environment Co Ltd to develop its involvement in the Chinese waste market, according to the Taipei Times. The company expects to work with waste management service provider Beijing Orient to bid on Chinese projects. Taiwan Cement is creating technologies which will enable it to use tyres, plastics and petrochemical wastes to replace coal. Presently, the company is able process 200tpd of hazardous waste at its pl... |
Qassim Cement sees 38% drop in profit29 January 2018, Published under Cement NewsSaudi Arabia’s Qassim reported a 26.5 per cent YoY fall in sales to SAR626m in 2017 from SAR852m. Net profit fell 37.8 per cent from SAR405.1m in 2016 to SAR251.8m one year later. Qassim Cement runs a single 4.4Mta plant with two kiln lines in Buraydah, central Saudi Arabia. The company had a 7.4 per cent market share in 2016, according to The Global Cement Report, 12th Edition. |
Jammu and Kashmir Cements’ Khrew plant shut due to coal shortage29 January 2018, Published under Cement NewsThe Khrew plant of Jammu and Kashmir Cements Ltd was shut for nine days as a result of a coal shortage. The shutdown occurred between 14-22 January and is reported to have cost the company at least INR60m (US$ 943,879) . Usually the cement producer stores 1.52Mt of coal, procured on advance payment from Kolkata. However, to meet exigencies and following losses, the company has now purchased coal from a private player at higher rates, reports the Daily Excelsior. According to sourc... |
Gabon sees 6% market contraction26 January 2018, Published under Cement NewsCement sales in Gabon reached 245,530t, a drop of 5.5 per cent YoY by the end of September 2017. The volume represents a revenue of XAF18.18bn (US$34.4m), down 9.9 per cent, according to the Ministry of Economy and Fiscal Policy. Output during this period stood at 250,058t, a decrease of 5.7 per cent following the stoppage of the Cimgabon plant and strong imports from China. However, the third quarter saw a robust increase in production when compared with the first half of the year after ... |
Devki Group plans to construct two plants in Kenya25 January 2018, Published under Cement NewsDevki Group plans to construct two new cement plants in Kenya, according to Construction Kenya. The first plant is expected to have a 0.75Mta capacity and be located on a 20ha plot in Mariakani, Kilifi County, while the second will have the same capacity and be situated in Njoro, Nakuru. Each of the two plants are expected to represent an investment of KES3bn (US$29.2m). The proposed facilities would help lower the price of cement and shorten the distance covered by delivery vehicles, acc... |
SCG cement revenues up 6%24 January 2018, Published under Cement NewsThai conglomerate Siam Cement Group (SCG) saw a 14 per cent YoY rise in consolidated sales in 4Q17 to THB113.4bn, as growth in the Packaging business offset a slight decline in the Chemicals division, reports the company. Consolidated EBITDA advanced by seven per cent YoY to THB26.593bn. Revenues from SCG’s Cement-Building Materials in 4Q17 increased six per cent YoY to THB43.372bn due to the contribution of the expanded ASEAN operations. However, EBITDA was impacted by the weakness in th... |
Thanh Thang to develop third line24 January 2018, Published under Cement NewsThanh Thang Group Cement JSC is investing VND800bn (US$35.2m) in developing the third production line in Ha Nam, northern Vietnam. Construction of the 2.3Mta facility is expected to be completed in 2021. In July 2017 Thanh Thang inaugurated its second production line, which is also located in Ha Nam province. The VND5tn line has a clinker capacity of 6000tpd or 2.3Mta of cement. |
SOTACIB Feriana shutdown results in white cement shortage23 January 2018, Published under Cement NewsThe production stop at the Feriana white cement plant of Société Tuniso-Andalouse de Ciment Blanc (SOTACIB) on 26 December 2017 has led to a shortage of white cement in the Tunisian market. The Tunisian Organisation for Consumer Information (OTIC) has warned against imports to fill the gap between demand and supply, stating imports were likely to be 2-3 times more expensive. The company announced on 5 January 2018 the plant would be closed from 19 January 2018 for a period of six mont... |
PPC improves liquidity position22 January 2018, Published under Cement NewsPPC has rescheduled the debt related to its new plant in the Democratic Republic of Congo, improving its liquidity position. The South Africa-based cement producer has also secured a two-year capital repayment moratorium. As a result, the total capital requirements for PPC Barnet DRC would be limited to interest payments from this month up to January 2020. PPC has a 69 per cent stake in PPC Barnet DRC, a joint venture with Barnet Group, which has a 21 per cent shareholding, and the In... |