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Rising energy costs to hit Indian cement producers profits

04 January 2018

India: The credit agency ICRA forecasts that rising energy and freight costs due to higher pet coke, coal and diesel prices during the first half of 2017 – 2018 financial year may hit the profits of cement producers. Petcoke prices grew by 32% year-on-year in the first half of the year and coal prices rose by 44%, according to the Press Trust of India. Sabyasachi Majumdar, an analyst at ICRA, said that higher power, fuel and freight costs were likely to continue. He added that the ability of cement companies to raise their prices was crucial to maintaining profit levels.

Published in Global Cement News
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Aumund provides update on conveyor order for Almalyk Mining and Processing

04 January 2018

Uzbekistan: Aumund Fördertechnik has provided an update on an order for Almalyk Mining and Processing (AGMK) for a 1.5Mt/yr cement plant it is building in Sherabad. In May 2017 Aumund won the order for three drag chain conveyors with capacities from 7.5t/hr to 200t/hr for discharge of limestone, gypsum and pozzolan for the plant. In October 2017 an additional order was added for a Louise type drag chain conveyor for discharge of clinker dust.

Overall, Aumund is providing over 250t of machinery to AGMK. In 2018 the engineering company will supply to Uzbekistan at least 10 belt chain bucket elevators with capacities from 21t/hr to 500t/hr, and centre distances between 16.6m and 120m. The largest item in the delivery is a pan conveyor, with a centre distance of 148m and a clinker conveying capacity of 300t/hr. The clinker conveying system comprises two further Aumund pan conveyors with the same capacity but centre distances of 54m and 65m. There are also 19 silo discharge gates included in the package.

Published in Global Cement News
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Punta Alegre gypsum mine supports Cuban cement plants

04 January 2018

Cuba: The Punta Alegre gypsum mine near Ciego de Ávila supplied over 56,400t of gypsum to the local cement industry in 2017. The mine mainly supplied Cementos Cienfuegos, according to the Invasor newspaper. Despite the disruption caused by Hurricane Irma in mid-2017 the mine beat its annual production target of 50,000t. The unit installed a new mill from Chinese suppliers that increased its production capacity to 100t/hr in 2015.

Published in Global Cement News
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