September 2024
Sandvik to restructure Sandvik Crushing and Screening as Sandvik Rock Processing Solutions 26 October 2020
Sweden: Sandvik says that it will launch Sandvik Rock Processing Solutions in on 1 January 2021. The new business area will consist of its current Crushing and Screening division, which is part of the Sandvik Mining and Rock Technology business area at present. It said the reason for the restructure was “to accelerate profitable growth.”
Chief executive officer (CEO) Stefan Widing says, “Sandvik is market leading within rock processing, and our Crushing and Screening division is a well-performing business with exciting growth opportunities, operating quite independently, with its own manufacturing, sourcing and aftermarket. By establishing Rock Processing Solutions as a business area we will improve transparency and strengthen our growth ambitions within the area."
Ambuja Cement grows nine-month profit in 2020 23 October 2020
India: Ambuja Cement’s profit in the first nine months of 2020 was US$176m, up by 21% year-on-year from US$146m in the first nine months of 2019. It revenues dropped by 7.8% to US$1.07bn from US$1.16bn, primarily due to the impacts of the Coronavirus outbreak. It said that this was likely to continue to affect results into the fourth quarter of 2020.
Dalmia Bharat announces US$272m Kalaburgi cement plant plan 23 October 2020
India: Dalmia Bharat plans to build an integrated cement plant in Kalaburgi, Karnataka. BusinessLine Online News has reported that the plant will cost around US$270m.
The company already operates the 2.5Mt/yr Belagavi plant in the state, which it commissioned in March 2015. Chief Minister Bookanakere Yediyurappa said, “Karnataka is proud to be home to Dalmia Bharat group and look forward to strengthening the relationship further.”
Northern Region Cement begins oil well cement production 23 October 2020
Saudi Arabia: Northern Region Cement has begun oil well cement production at its 2Mt/yr-capacity Arar integrated cement plant in Northern Borders Province. Mubasher News has reported that the company will begin sale of the cement in early 2021. The American Petroleum Institute (API) has certified the product.
Ciments de Bizerte resumes cement exports 23 October 2020
Tunisia: Ciments de Bizerte dispatched its first batch of cement since 2008 from the Port of Bizerte on 19 October 2020. Agency Tunis Afrique Press has reported that the cement was sold on the Libyan market. The development follows Ciments de Bizerte’s investment in an upgrade of its quay at the Port of Bizerte.
Niger: President Issoufou Mahamadou has launched the construction of the upcoming 1Mt/yr Kao cement plant at a ceremony at the integrated plant’s site in Kao, Tahoua Region. Minister of Industry Adeniyi Adebayo said that the US$290m plant will generate 314 jobs, according to the Angola Press Agency. It is expected to be completed by early 2022. Kao Cement is 33% owned by private investors from Niger and Mauritania.
Shiva Cement prepares for new clinker unit 22 October 2020
India: Shiva Cement is preparing to break ground on an expansion project to set up a 4000t/day clinker unit and a 1Mt/yr grinding unit. The subsidiary of JSW Cement will spend around US$208m on the works from a mixture of debt and equity.
India: JSW Cement subsidiary Shiva Cement’s three-month net loss for the quarter ended 30 September 2020 – the second quarter of the 2021 financial year – was US$0.85m, up slightly from the second quarter of the 2020 financial year. Dion News Service has reported that the company recorded a revenue fall of 6.5%, to US$0.72m from US$0.77m. Operating expenses fell by 12% to US$1m from US$1.2m.
Moroto Ateker Cement plant set for construction 22 October 2020
Uganda: The Uganda Development Corporation has announced that its subsidiary Moroto Ateker Cement is ready to begin construction of a 1.2Mt/yr integrated cement plant in Moroto District. The New Vision newspaper has reported that employees are clearing land and erecting a fence around the site. The company says that cement production will follow 18 months after the start of construction of the complex, which will also produce lime and marble. Senior engineer David Ekanya said that 600 local people will be directly employed in the plant’s operations.
It was previously reported in 2016 that Moroto Ateker Cement is a 51:49 joint venture of the state-owned Uganda Development Corporation and Savannah Mines.
Cuba: The production of ‘low-carbon’ (LC3) cement consisting of clinker, calcined clay, limestone and gypsum has begun at Marta Abreu University’s 1460t/yr pilot integrated cement plant in Las Villas. The Granma newspaper has reported that the plant is currently producing 4t/day of cement, and plans to double this to 8t/day when fully operational.