Displaying items by tag: Contract
New buyer signs Schwenk Namibia deal
06 January 2020Namibia: China-based West China Cement concluded a sale and purchase agreement for Germany-based Schwenk Zement subsidiary Schwenk Namibia for US$104m on 3 January 2020. The Nambian newspaper has reported that the deal is awaiting clearance from authorities. Schwenk Namibia holds a 70% stake in Ohorongo Cement. Singaporean authorities stopped the sale of Schwenk Namibia to Singaporean-based International Cement Group (ICG) in September 2019 due to the latter’s inability to cover the losses of the Namibian company.
Oman Cement Company issues tender for Duqm plant
03 January 2020Oman: Alsahawa Cement Company (ACC), the newly-founded Oman Cement Company (OCC) subsidiary, will operate the group’s upcoming Duqm cement plant, for which an engineering, procurement and construction (EPC) contract tender has been issued. Bidding is due to close on 27 February 2020.
The new facility will include a coal-fired power plant and waste heat recovery (WHR) power plant. OCC Chief Executive Officer Salim Abdullah Al Hajiri described the commissioning of the 1.7Mt/yr integrated plant as a ‘reverse integration’ process, whereby the plant will initially grind clinker produced at other OCC cement plants beginning in September 2021 before upgrading to fully integrated cement production in March 2022.
Mick George Concrete helps build sustainable roads
23 December 2019UK: Mick George Concrete has announced a contract with Highways England for the construction of ancillary features such as kerbs, drains and mass fill usages on the A14 between Huntingdon and Cambridge in early 2020. The project will utilise 500m3 of Cemfree concrete from DB Group (Holdings) ltd., which can be produced releasing just 20% of the CO2 of ordinary Portland cement (OPC). The value of the project, to which Mick George Concrete has dedicated a 100t silo for Cemfree storage, is Euro1.76bn.
UltraTech orders Gebr. Pfeiffer mill
20 December 2019India: Germany’s Gebr. Pfeiffer has won a supply contract with UltraTech for one MVR 6000 C-6. The mill can grind up to 370t/hr of mixed cements or 225t/hr of granulated blast furnace slag (GBFS). Gebr. Pfeiffer has stated that it is the 17th mill of its type in India. The company will assist its subsidiary Gebr. Pfeiffer (India) Pvt. Ltd. in commissioning the mill in early 2021.
Devnya Cement loses quartz sand concession
20 December 2019Bulgaria: The Bulgarian government has terminated Devnya Cement’s concessionary contract for the extraction of quartz sand for cement production from the Selski Nivi deposit. SeeNews has reported that the company requested the contract’s termination due to alterations to its production strategy in response to market conditions.
In 2018, Devnya Cement generated a revenue of Euro70.3m, which translated into Euro8.65m profit.
Grupo Cementos de Chihuahua secures solar power contract
18 December 2019Mexico: Grupo Cementos de Chihuahua (GCC) has signed a 15-year power supply agreement with a Mexico-based solar energy provider. The Awareness Times newspaper has reported that the contract covers the supply of solar power to GCC’s 0.2Mt/yr Juarez cement plant in Chihuahua, as well as its head office and ready mix and aggregates operations, constituting roughly 20% of its electricity consumption. The agreement, which enters force on 1 January 2021, will save GCC US$2.5m/yr and cut 0.3Mt of CO2 emissions throughout its duration.
Mali: Diamond Cement Mali (DCM) has signed a deal with La Société Malienne de Cartonnerie (SCS MDC) to procure 50kg bags to hold cement. DCM operates two plants in the country with a production capacity of 1Mt/yr, according to local press. It requires over 20 million bags per year. SCS MDC became operational locally in 2019. It runs a plant at Kamalé near Bamako. Moussa Silvain Diakité, the chief executive oficer (CEO) of SCS MDC described the contract as the company’s first ‘big’ deal.
Edenville Energy signs coal contract for cement end user in Rwanda
13 December 2019Rwanda/Tanzania: Edenville Energy says it has signed a new contract to supply 6000t/month of washed coal from its Rukwa Coal Project to an end user that is expected to be a cement producer based in Rwanda. The deal has been agreed with Tara Group, which is a wholly owned subsidiary of Tanzanian company, Kitanyoe Group Company, which currently supplies coal, gypsum, limestone and calcite to industrial users.
The contract is of note to the development of Edenville Energy because it has the potential to open up a new transport route for the company’s coal on Lake Tanganyika to both Rwanda and Burundi. However, the proposed supply arrangement is dependent on the company securing sufficient operating capital to fund production. Edenville Energy operates a coal mine in western Tanzania.
Malaysia: Cahya Mata Sarawak (CMS) has responded positively to the government’s announcement that it will be subdividing its annual contracts for road maintenance between new concessionaries besides CMS’s 51% subsidiary PPES Works in 2020. “Competition in any market naturally breads competitive efficiency. This can only be good for the public and road users,” said CMS Group Managing Director Isaac Lugun. “We maintain the lion’s share,” he added.
Entec International wins contract with Lafarge Africa
19 November 2019Nigeria: UK-based Entec International has secured a contract to optimise maintenance, repair and operations (MRO) supply chains for Lafarge Africa. The project will involve the consolidation of 125 separate suppliers into a single supply chain, which will be managed by Entec, operating in a single currency with standardised terms. No value for the deal has been disclosed.
“This is a great step for Entec, this contract opens up a new market with huge potential for us. We are delighted to be working with LafargeHolcim, whose commitment to innovation and environmental sustainability reflects our ethos at Entec,” said Entec sales director Charlie Patterson.
Patterson expects Entec to achieve a 12% reduction in freight, clearance and handling costs for Lafarge Africa in year one of the three to five-year contract. Supply chain consolidation is predicted to cut the number of shipments by more than half and will deliver a reduction in the volume of purchase orders and invoices currencies into a single currency, replacing multiple payment terms from different suppliers into a single payment term and converting multiple air freight shipments from Europe and China into consolidated ocean freight.
Entec specialises in saving costs and reducing complexity for client companies by managing their MRO supply chains. It has managed complex supply chains for manufacturers in over 70 different shipping destinations. Entec’s client base includes customers in the food and beverage packaging industries, oil, gas production, textile processing and mining and minerals sectors.