September 2024
ACC resumes limestone mining operations at Bargarh 18 June 2015
India: ACC resumed limestone mining operations at Bargarh, Odisha, after about nine months, on 17 June 2015.
ACC stopped mining at Bargarh in October 2014 following a government notice to suspend operations at the plant. The company stopped clinker production at its Chaibasa, Jharkhand, and Bargarh plants, but continued to operate the grinding units associated with these. "The impact of the closure was not material since cement grinding continued with the transfer of clinker from sister works and clinker purchases," said ACC.
State governments were issued orders to stop mining, following a Supreme Court judgement in the matter of Goa Foundation versus Union of India and Others and in Common Cause versus Union of India on the deemed renewal of mining leases and a subsequent amendment to The Mineral Concession Rules 1960.
ACC resumed limestone mining operations following terms of the Mines and Minerals (Development and Regulation) Ordinance 2015.
India: Charles Correa, a renowned Indian architect, died on 17 June 2015 at the age of 84.
Correa designed structures in Toronto, Canada, Lisbon, Portugal and Boston, USA, but most of his projects were in India. His designs included low-cost apartments, office buildings, museums, churches, legislatures, new townships and scientific institutes.
"Correa's architectural marvels are widely cherished, reflecting his brilliance, innovative zeal and wonderful aesthetic sense," said prime minister Narendra Modi.
India: According to the Press Trust of India, Wonder Cement, part of RK Marble Group, plans to invest US$500m to increase its cement production capacity to 10Mt/yr in the next five years from the current 3.25Mt/yr.
"We have 3.25Mt/yr of cement manufacturing capacity at our Bhatkotri village plant in Rajasthan and have invested US$250m to double the current capacity to about 7Mt/yr by setting up a second production line. It is likely to be complete by the end of 2015," said Wonder Cement's executive director Jagdish Chandra Toshniwal.
Toshniwal added that Wonder Cement plans to further expand the current capacity to 10Mt/yr by setting up a third production line at a cost of US$250m in the next five years. The project will be funded through an internal accrual of US$47m, promoters' contribution of US$78m and debt of around US$376m.
Currently, the plant is running at full capacity and sells 1.8m bags/day to the northern states, with 50% of its volume sold in Rajasthan. Toshniwal said that Wonder Cement is also expanding its base in north Gujarat and western parts of Uttar Pradesh and Madhya Pradesh.
"The cement industry is evolving rapidly. We prepare for the next phase of the company's growth. We are focusing our efforts on increasing our market share by creating a clearly distinctive positioning in the market place," said Toshniwal. Some of the recent government initiatives such as development of 100 smart cities, housing for all by 2022 and post-monsoon commencement of several infrastructure projects are expected to provide a major boost to the sector, Toshniwal added.
LafargeHolcim merger: FTC approves final order preserving competition in 14 US markets for cement 18 June 2015
US: According to Imperial Valley News, following a public comment period, the Federal Trade Commission (FTC) has approved a final order settling charges that the merger of Lafarge and Holcim would likely harm competition in 12 markets for Portland cement and two markets for slag cement.
Under the order, first announced in May 2015, the two companies are required to divest cement plants, quarries, terminals and other assets in the 12 states of Illinois, Iowa, Louisiana, Massachusetts, Michigan, Minnesota, Montana, New Jersey, New York, Ohio, Tennessee, Wisconsin, as well as several locations in Canada. The commission vote that approved the final order was 4-1, with commissioner Joshua D Wright voting no.
Spain: Lafarge has invested a total of Euro20m in its Spanish plant of Montcada i Reixac, Catalonia in the last 10 years. Lafarge has most recently invested Euro200,000 to upgrade two of its crusher filters, which capture the dust produced during the processing of raw materials.
India: According to the Irish Examiner, CRH is being linked with a second potential Asian deal in as many weeks, this one with a price tag of around US$1bn. A Mergermarket report has it that CRH is one of 16 likely bidders for assets in eastern India being sold by Lafarge. The disposal makes up part of the conditions related to Lafarge's merger with Holcim.
Local press stated that CRH is an 'obvious bidder' given that it already has a presence in southern India and is in the process of buying US$7.32bn of assets as part of the LafargeHolcim deal. However, Mergermarket claims CRH is vying with HeidelbergCement, among others, for the new assets and has until the end of June 2015 to complete due diligence and until 15 July 2015 to submit a binding bid.
Costa Rica: According to La Nacion, the Costa Rican technical standards institute, Inteco, has opened a public consultation process concerning new technical guidelines for both imported and locally-produced hydraulic cement. The agency seeks to establish a series of standards and guidelines for cement and its components.
Following a request from the Ministry of Finance, Industry and Trade (MEIC), Inteco launched a process to establish the new guidelines in 2014. The consultation process will be open until 27 July 2015 and will give players in the local cement market the opportunity to express their opinions. Cement producers Holcim and Cemex, as well as cement importer Sinocem, previously expressed their opposition to the MEIC's plans to introduce new certification requirements for cement to be approved by an internationally-accredited laboratory.
Arawak Cement plant troubled by cocaine smuggler 17 June 2015
Barbados: According to Barbados Today, Ryon Marlon George has been sentenced to seven years in prison by chief magistrate Pamela Beckles after pleading guilty to seven drug charges involving 19.6kg of cocaine in the Oistins Magistrates' Court. The contraband, worth almost US$1m, was found on the MV Fairland cargo ship.
George admitted importing, intent to supply, possession and trafficking cocaine on 22 January 2015 at the Arawak cement plant. Station sergeant Rudolph Burnett outlined how the ship arrived in the Bridgetown Port on 15 January 2015, before making its way to the Arawak cement plant to collect a consignment of cement. The ship, on which George worked as an oiler, was Guyana-bound. Acting on a tip-off, police carried out an operation at the Arawak cement plant on 22 January 2015. Police boarded, searched and found a haversack with seven packages of cocaine hidden inside a garbage bin.
George admitted travelling from Guyana to Barbados with two bags on cocaine hidden on the ship, which he intended to hand over to unknown men. He also told police he had put one of the bags on the pier in a bin and later directed the lawmen to a hole in the ship where he had another bag hidden. That bag contained 10 packages of cocaine.
Cement plant announced in Honduras 17 June 2015
Honduras: According to Central America Data, the Honduran government has signed an agreement with the Italian Goldlake Group to build a cement plant with an estimated value of US$200m. The agreement comes within the framework of the VII Italian-American Latin America and the Caribbean Conference with president Juan Orlando Hernandez as a witness of honour. Economic development minister Alden Rivera announced that construction of the cement plant would start in July 2015 in the Valley of Agalteca.
CEMBUREAU welcomes new president and vice president 17 June 2015
Belgium: Daniel Gauthier, CEO of Western Europe-Africa and member of the managing board of HeidelbergCement, has been elected as president of CEMBUREAU for a two-year term after having completed his mandate of vice president over the last two years. He takes over from Peter Hoddinott, executive vice president of performance and member of the executive committee at Lafarge. In addition, Gonçalo Salazar Leite, CEO of Secil, has been elected as vice president of CEMBUREAU for a two-year term.
"The industry must now build upon the accomplishments of 'The Concrete Initiative," said Gauthier. The initiative was launched one year ago. "Concrete is essential to Europe's future, providing the buildings and infrastructure that society needs, as well as growth and jobs. The circular economy, competitiveness and climate change will also remain at the forefront of CEMBUREAU's activities."
"With the election of Gauthier, CEMBUREAU and the priorities of the european cement sector are in excellent hands," said Hoddinott. "He will advance and reinforce the agendas of putting the cement industry forward as a solution provider, where concrete can fulfill both the aspirations of the end users of construction and act as a partner in fulfilling the needs of policymakers."
"I take this opportunity to thank Peter Hoddinott for his commitment to the Association over the last two years," said Koen Coppenholle, CEMBUREAU chief executive. "We are now at a turning point. After a protracted period of negative growth, Europe is getting back on its feet. Indeed, our 2014 activity report shows some glimmers of hope for our sector."
Compared to 2013, 2014 cement production in the CEMBUREAU member countries saw a very moderate recovery, rising by 0.3% year-on-year to 235.5Mt after the drops recorded in 2013 and 2012 (1.4% and 8.2% respectively) and having fallen by 27% since 2007. Developments in cement demand were in line with the upturn in the general economic and construction environment, particularly over the second half of the year, reflecting somewhat improved sentiment and activity, despite tight budgetary conditions in many member states. Global cement production has been estimated at 4.3Bnt in 2014, translating into a 6.7% increase compared to the 4Bt recorded in 2013. The CEMBUREAU member countries accounted for 5.5% of global production, with China representing 56.5%, compared to 58.3% in 2013. Without taking into account China, global cement production increased year-on-year by 11.3%.