Displaying items by tag: Contract
Saudi Arabia: Southern Province Cement (SPC), the Kingdom of Saudi Arabia's biggest cement firm by market value, and Chinese engineering company Sinoma have signed a US$188m contract for the installation of a third production line at SPC's plant in Tahama.
The turnkey contract will be executed over a period of 24 months. Once completed, the third production line will have a clinker capacity of 5000t/day. SPC said that it will use its own funds to finance the project. In early March 2012, the Saudi company announced that the second production line at the Tahama plant started commercial production, bringing SPC's total capacity to 23,000t/day.
SPC, one of the nine listed cement companies operating in the Kingdom, is based in Abha, southwestern Saudi Arabia. It operates factories in Jazan, Bisha and Tahama.
Cemex bags massive contract in Bahamas
16 January 2012Bahamas: The Mexican cement giant Cemex has been announced as the primary cement supplier for the Baha Mar tourist complex in Cable Beach, Nassau, Bahamas that is being built by CCA Bahamas Limited. It is expected that the complex will house the largest entertainment centre in the Caribbean and be completed by December 2014.
"This important project, which will generate many construction jobs, gives us great satisfaction because it will contribute to improving the quality of life of many people, which is in line with Cemex's objective of generating wellbeing through quality building solutions," said Carlos González, president of Cemex in the Bahamas.
As the primary supplier, Cemex will provide 110,000t of cement for the first phase of the project, which is currently being built on an area of 1000 acres.
EAPCC switches clinker supply contract
30 December 2011Kenya: East Africa Portland Cement Company (EAPCC) has severed a clinker supply contract, thought to be worth hundreds of thousands of US dollars, with Bamburi, its anchor shareholder. The decision marks the end of a four-year deal that had raised questions over potential conflicts of interest due to common shareholding and market rivalry of the two listed firms. Although EAPCC is a listed firm, it is considered a state corporation, with the majority of its shares held by the government. This makes it difficult to import its own clinker due to stringent Public Procurement Oversight Authority's rules.
The cement maker has now signed a new deal for supply of clinker with rival National Cement, which will see EAPCC save about US$3.10/t. EAPCC's managing director, Kephar Tande, said, "We found out that other players were offering lower prices, which means we could leverage on lower clinker costs to improve our profitability."
EAPCC's decision to single source the supply of clinker from Bamburi alone raised eyebrows when it was signed in 2007. Bamburi, through its parent company Lafarge, controls 41.7% of EAPCC. Lafarge also holds a 73% interest in Bamburi Cement and until 2009 held a 15% stake in the country's other cement maker, Athi River Mining. Cross ownership of the three cement companies has in the past led to accusations of unfair business practices, including collusion over price setting.
National Cement MD, Raval Narendra, said that EAPCC was now its biggest client. "We are the biggest clinker importers in the region now because we have established contacts in Europe and the Emirates. We signed a supply contract with EAPCC for 0.15Mt for 2011," he said.
KHD wins contract with KCS
17 August 2011Turkey: Kahramanmaras Cimento Beton Sanayii Ve Madencilik Isletmeleri (KCS) has awarded KHD Humboldt Wedag the contract to supply equipment for its second cement production line with a capacity of 4500t/day clinker near the city of Kahramanmaras in southeastern Turkey. Commissioning of both the new kiln line and the clinker grinding system is planned for the end of 2012.
Signing with KHD Humboldt Wedag for delivering clinker production line I in May 2006 allowed KIPAS Holding to enter the cement industry via the subsidiary to meet the requirements for entering the Turkish cement industry as a producer. The scope of KHD´s delivery and services includes the engineering and delivery of mechanical and electrical equipment as well as advisory supervision of erection and commissioning (including training) for the new kiln line and for the clinker grinding system. Its capacity will increase from 100t/hr to 200t/hr at a fineness of 3600cm2/g.
For its second line, KCS has chosen to install a KHD combustion chamber, with which coarse secondary fuels and/or secondary fuels associated with difficult ignition and combustion can be used. The new technology should lower the quality requirements for the alternative fuels as well as preparation requirements. This will be the second KHD combustion chamber in Turkey, following the first installation in a cement plant near Ankara. The increase in clinker capacity with the new kiln line accompanied a decision by KCS to increase the output of the existing cement mill, a ball mill of Chinese design with a throughput capacity of 100t/hr CEM I 42.5.