Displaying items by tag: Deal

Jamaica: The Caribbean Cement Company and the Venezuelan government are close to a supply agreement for approximately 340,000t of clinker. The deal is valued at about US$29m, according to the Jamaican government. The clinker will be used by Venezuela as part of an initiative to build two million homes over a seven-year span to address a housing shortage.

India: Energy management firm Schneider Electric has entered into a strategic partnership with industrial software developer Ramco Systems. The partnership will see Ramco's process optimisation software, OPTIMA, become a part of Schneider Electric's solutions for the cement industry. The partnership is intended to offer cement producers products that optimise production processes by reducing energy and emissions focusing on kiln and mill operation.

"The combined offer of process control, expert system and energy management allows the deployment of a unique optimisation strategy. This strategy will ensure optimum consumption of resources, best use of assets, maintain quality of product and stabilise processes while building an environmentally-sustainable business," said Mining, Minerals and Metals Solution President, Schneider Electric, Diego Areces.

OPTIMA is an process optimisation solution that has been designed to improve plant productivity and efficiency and leverages technologies like fuzzy logic, regression analysis and artificial intelligence techniques.

Nigeria: BUA Cement has signed a gas sales and purchase agreement with the Nigerian Gas Company for its subsidiary, the Edo Cement Company. The agreement is for the supply of about 0.9Mm3/day to the Edo cement plant in Okpella, according to managing director Saidu Mohammed.

BUA Group entered the cement industry in 2008 when the Federal Government of Nigeria issued cement import licenses to 13 companies, including BUA, in an effort to bring down its price locally. BUA Cement subsequently purchased a floating cement terminal in 2008 for processing and bagging bulk cement. In 2009 BUA acquired controlling stakes in the Cement Company of Northern Nigeria (Sokoto Cement) and the Edo Cement Company.

Pakistan: Lafarge Pakistan and Saif Holdings have signed an agreement to manufacture refuse derived fuel (RDF). The agreement was signed between Pavel Cech, Lafarge's regional vice president of industrial ecology, and Hoor Yousafzai, director of Saif Group.

Bangladesh: Lafarge Surma Cement Ltd signed an agreement with Madina Cement Industries Ltd at a ceremony organised at the company's headquarters. Under the terms of the deal, Lafarge Surma will supply its high quality clinker to Madina Cement from its integrated plant at Chhatak to produce 
'Powercrete.' This will be subject to strict quality controls by employees of Lafarge Surma to ensure world-class quality that Lafarge Surma promises to deliver to its customers.

Furthermore the production process will follow the highest safety standards. Lafarge will shortly launch Powercrete, with the aim of strengthening its market position in Bangladesh.