17 April 2019
True North buys majority stake in Shree Digvijay 17 April 2019
India: Private equity company True North has purchased a 54% stake in Shree Digvijay for a reported US$17m from Brazil’s Votorantim Cementos. Other companies bought the rest of Votorantim’s 75% share in the business, according to Bloomberg. True North signed a deal to buy the cement producer in late 2018. Shree Digvijay operates an integrated cement plant at Jamnagr in Gujarat.
Pakistan: Maple Leaf Cement has commissioned a new 7300t/day production line at its Iskanderabad plant. The upgrade will increase the unit’s total production to 18,000t/day. The line was supplied by Denmark’s FLSmidth. The total cost of the project was US$184m. Commercial production on the new line is scheduled to start in late April 2019.
Attock Cement commissions grinding plant in Iraq 17 April 2019
Iraq: Pakistan’s Attock Cement has commissioned its new grinding plant in Basra. Civil, mechanical and electrical construction work on the unit was finished in January 2019.
Saudi Arabia: Arabian Cement says that the National Electricity Transmission Company plans to complete an expansion to a high-voltage plant in Rabigh by the third quarter of 2021. The project has been delayed but the cement producer said that this will have no financial impact, according to Mubasher. Arabian Cement originally signed an agreement with the National Electricity Transmission Company to supply electricity to its Rabigh plant in 2015. In November 2018 it said that an upgrade to its cement mills was 80% complete.
Rwanda Bureau of Standards blocks Ugandan cement imports 17 April 2019
Rwanda: Raymond Murenzi, the director general of the Rwanda Bureau of Standards (RBS), says that cement imported from Uganda in March 2019 was blocked because it did not meet minimum quality requirements. The imported product was found to be below the designated weight of 50kg, according to the New Times newspaper. Three trucks with 30t loads of cement from Hima Cement were prevented from crossing the border.
Previously, similar issues have occurred dating back to 2015 and the RBS has notified the supplier on each occasion. The company is then given 14 days to re-export the goods.
Polish cement production grew by 12% to 18.9Mt in 2019 17 April 2019
Poland: Data from the Cement Producers Association (SPC) shows that cement production grew by 12% year-on-year to 18.9Mt in 2019. Concrete production rose by 6.8% to 25.3Mm3. This was attributed to a growing construction sector, according to the Polish News Bulletin. Both cement and concrete production is expected to continue growing in 2019 to 19Mt and 26.2Mm3 respectively.
Ferus Smit launches MV Shetland cement carrier 17 April 2019
Netherlands: Ferus Smit has launched MV Shetland at its Westerbroek Yard. The 8000DWT vessel is the third dedicated cement carrier built for JT Cement, a joint venture between Sweden’s Erik Thun and Norway’s Jebsen Cement.
The ship is equipped with a liquefied natural gas (LNG) fuelled propulsion system to reduce its emissions. It incorporates a 200m3 pressurised LNG tank positioned in the foreship. The cement cargo system will consist of a fully automated cement loading and unloading system, based on fluidisation of cement by means of compressed air.