Displaying items by tag: GCW282
Bolivia: FLSmidth has received an order from Fábrica Nacional de Cemento SA (FANCESA) for the supply of equipment to build a complete cement production line with a capacity of 2100t/day, including plant design, procurement and civil engineering services. The plant will be located in Sucre.
The order is valued at over US$75m. It includes a range of equipment from crushing to packing and loadout. Equipment ordered includes an ATOX 35.0 vertical mill for raw grinding, a ROTAX-2 rotary kiln with low NOx ILC calciner, a Cross-Bar 8x38 cooler and a OK 30 vertical mill for cement grinding. The order will be completed by the first quarter of 2018. FLSmidth's supply also includes equipment from product companies of FLSmidth, such as planetary gear units from FLSmidth MAAG Gear, fabric filters from FLSmidth Airtech, a packing plant from FLSmidth Ventomatic, control system and plant automation from FLSmidth Automation and weighing and metering systems from FLSmidth Pfister.
"The project underlines FLSmidth's strength as the leading supplier of the most productive and energy-efficient equipment and technology for the cement industry," said Group Executive Vice President, Cement Division, Per Mejnert Kristensen.
Industrial and Commercial Bank of China signs US$720m debt-for-equity swap with Jindong Development
19 December 2016China: Industrial and Commercial Bank of China has agreed to a US$720m debt swap with Jindong Development Group. The bank will use a limited partnership fund to invest US$360m in the cement producer in the first phase of the transaction, according to Reuters. After the proposed swap is completed, Jindong Development's leverage ratio will fall by 8%.
Tokyo Cement starts testing new mill at Trincomalee plant
19 December 2016Sri Lanka: Tokyo Cement has started testing a new mill at its cement grinding plant in Trincomalee. It held a ‘soft’ opening ceremony to mark the event on 8 December 2016. The new mill is the company’s fourth. It will start commercial operation in February 2017, according to Lanka Business. Once operational it will add 1Mt/yr to the company’s production total capacity taking it to 2.8Mt/yr.
The ceremony was inaugurated by Tadashi Matsunami, Director & Senior Managing Executive Officer of Ube Industries Limited, Japan, the technology services partner of Tokyo Cement. Harsha Cabral PC, chairman and SR Gnanam, managing director of Tokyo Cement also presided at the event.
An additional US$50m expansion drive at the site will see the commissioning of an 8MW captive biomass power unit for the plant. Tokyo Cement will also develop the shipping facilities at the site to accommodate larger vessels and it plans to build cement storage silos.
Bosowa starts operation at grinding plant in East Java
19 December 2016Indonesia: Bosowa Corporation has started operation at a 1.8Mt/yr cement grinding plant in Banyuwangi, East Java. The plant cost US$60m, according to the Jakarta Post. It will add to the 5.4Mt/yr of cement that Bosowa produces at its two plants on South Sulawesi and Riau Islands.
Sinoma to supply waste heat recovery plant for Fauji Cement
19 December 2016Pakistan: Sinoma Energy Conservation Company has signed an agreement with Fauji Cement to install a 7.6MW waste heat recovery (WHR) plant. The agreement was signed by Sardar Mahmood Ali Khan, Director-General of Fauji Cement and officials of Sinoma in Rawalpindi, according to the Nation newspaper. The power plant will be installed by the end of the first quarter of 2018. Once the project is complete the cement producer will be able to produce 80% of electricity requirements from captive sources. Previously Fauji Cement installed a 12MW WHR plant in early 2015.
Bua Group to hit 10Mt/yr cement production via upgrades
19 December 2016Nigeria: Bua Group plans to reach a cement production capacity of 10Mt/yr via upgrade projects at its Edo and Sokoto plants by the end of 2018, according to its chairman and chief executive officer Abdul Salman Rabiu. He made the comments to local press at the company's 2016 annual customer forum and awards ceremony in Abuja.
Mine Safety and Health Administration blames management of Ash Grove Cement for fatal accident at Midlothian plant
19 December 2016US: The Mine Safety and Health Administration (MSHA) has blamed the management of Ash Grove Cement’s policies, procedures and controls for the death of a worker at its Midlothian cement plant in May 2016. Roderick Barnes, a maintenance worker aged 46 years, died from a fall from the top of a slurry tank. In its report on the incident the MSHA said that the cement producer failed to provide protection around openings through which workers could fall and that that it failed to use fall prevention and protection devices. The MSHA has issued five citations for violations of the Mine Act is relation to the event.
Europe: Cembureau, the European Cement Association, has raised concerns that amendments submitted by the European Parliament’s Environment Committee, which foresee in an introduction of a Border Adjustment Measure (BAM) with the loss of free allowances for the cement sector in Phase IV of European Union (EU) Emissions Trading Scheme (ETS), starting in 2020, will be detrimental to the local cement industry. The association is concerned that the changes unduly affect the cement industry, although lime, brick and tile industry have been included also.
The association described included that a BAM against certain but not all sectors as 'discriminatory and legally flawed.' It raised the problems that the policy would bring for the competitiveness of the cement industry both globally and internally. It also blamed the influence of reports by non-government agencies upon policymakers.
Environmental campaign group Sandbag defended the changes as ones that could put a stop to the, ‘cement sector’s windfall profits from the ETS.’ It argued that the proposed import inclusion carbon mechanism would expand the scope of the ETS to
include imported materials for a number of sectors, meaning that products sold in the EU would face the same costs for carbon compliance, regardless of their origin.
"In a number of ways, this proposal marks a huge step forward in the evolution of the ETS. The proposed border adjustment measures are a good starting point for levelling the playing field for all cement producers," said Wilf Lytton, Industrial Carbon Researcher at Sandbag.
Shandong Shanshui Cement starts to tidy up debts
16 December 2016China: Shandong Shanshui Cement has entered into a debt investment framework agreement. Cinda Shandong will acquire the defaulted bonds issued by Shandong Shanshui. It will also loan Shandong Shanshui up to US$1.15bn. Deputy chairman Mi Jingtian told the Xinhua News Agency that his company had 'paid in full' all outstanding interest and regained a 'normal working relationship' with commercial banks. Earlier in December 2016 Shandong Shanshui said that it had settled with China Merchants Bank in a dispute over US$81m of loans. Shanshui Cement has faced financial problems since a shareholder battle for control of the company took place in late 2015.
Ministry issues cause orders to cement projects in Philippines
16 December 2016Philippines: The Department of Environment and Natural Resources has issued show cause orders against two cement projects. Orders were issued to the Mindanao Portland Cement Corporation and the Pozzolan and the Associate Minerals Cement Plant, as well as to nine other mining companies, according to the Philippine Star newspaper. Environment Secretary Gina Lopez said that these companies should explain within seven days why fines should not be issued and environmental compliance certificates cancelled. The initiative is part of a review of environmental certificates issues by previous administrations.