
Displaying items by tag: Service
Cemcor installs IBM Maximo Application Suite asset management software
20 September 2023UK: Cemcor has migrated its existing SAP asset management system over to IBM Maximo Application Suite (MAS). Cemcor says that IBM MAS offers a 360°, real-time view of its operations across multiple sites, enabling the company to resolve maintenance challenges, optimise its assets, increase the lifespan of essential equipment and remove inefficiencies. Peacock Engineering delivered the new system and will continue to provide support services with the platform.
Peacock Engineering’s chief operating officer Matt Deadman said “We’re thrilled to be working with Cemcor over the course of the next three years. We have already completed the first stage of our change programme with the successful delivery of its new enterprise asset management system. MAS is one of IBM’s sustainability software solutions. It will provide Cemcor with a clearer view of its assets, which include heavy plant and processing equipment, and help in mitigating the current challenges found in its maintenance programme.”
Flender opens new Sydney production and service centre
11 September 2023Australia: Germany-based Flender has opened a new production and services centre in Sydney, New South Wales. Its product offering will include Flender’s gearboxes and couplings range for industrial applications, including cement plants.
CEO Andreas Evertz said “For both our wind [turbine drives] and industrial business we see enormous growth potential on the continent. To reach the goals of the Paris climate agreement we must not only ramp up renewable energy capacities, but also transform our industries towards sustainability. This includes recycling and establishing a circular economy. Our workshops are perfectly equipped for servicing and refurbishing the existing installed base, not only for our own fleet but all gearbox types in the market.”
FLSmidth raises sales in first half of 2023
15 August 2023Denmark: FLSmidth’s sales were US$1.82bn during the first half of 2023, up by 28% year-on-year from US$1.43bn in the first half of 2022. Its earnings before interest, taxation and amortisation (EBITA) fell by 7%, to US$83.1m from US$89.3m. The supplier recorded a new order intake worth US$1.64m, down by 14% from US$1.9m. New cement orders fell by 33% amid reduced demand, especially for FLSmidth’s product offering. In line with its de-risking strategy, FLSmidth continued to accept only those product orders that also supported its service business. The company maintained its guidance of cement sales of US$879m and an EBITA margin of 5.5 – 6.5% for the full-year 2023.
CEO Mikko Keto said “We have maintained the strong momentum on our key transformation efforts during the second quarter of 2023. While we have continued to progress on our MissionZero agenda, our safety performance has been unsatisfactory and mitigating actions have been taken.” Keto continued “While our cement business remains on target for the full year, its short-to-mid-term market outlook has deteriorated. Consequently, continued organisational rightsizing is required to preserve profitability. Going into the second half of the year we remain positive, with a continued strong focus on executing our core transformation efforts.”
ThyssenKrupp Polysius delivers Polysius booster mill for Mountain Cement's Laramie grinding plant
21 July 2023US: ThyssenKrupp Polysius, a subsidiary of Germany-based thyssenkrupp, has delivered a Polysius booster mill to Mountain Cement's Laramie grinding plant in Wyoming. The Eagle Materials subsidiary will take delivery of further ancillary equipment, including material handling, process gas management and machine protection systems, throughout mid-late 2023. The supplier said that the mill will help to increase the Laramie plant's flexibility. It will also provide site services and technical support for optimisation and maintenance for two years after commissioning, also slated for 2023.
ThyssenKrupp Polysius' project manager Matthew Burchfield said "This is a very important and interesting project for ThyssenKrupp Polysius. This is the first booster mill system sold in the US and one of the first booster mills worldwide. We are tasked with a very tight engineering and supply schedule. ThyssenKrupp Polysius is working closely with Mountain Cement and its engineering teams."
Fives Services Gulf inaugurates Bahrain workshop
23 June 2023Bahrain: Fives Services Gulf has held the inauguration ceremony for its Bahrain workshop. The facility includes offices, warehouses and machining, parts production and repair facilities. The site first entered operation amid Covid-19 restrictions in early 2021.
Fives Services Gulf chief executive Frederic Gicquel said "We are proud to be part of the industrial development of Bahrain and support the government's efforts to improve the foreign investor experience. This workshop will enable us to provide better quality services to our clients in the region and contribute to the sustainable growth of the industrial sector."
The subsidiary of France-based Fives employs 134 people.
Siam Cement Group forecasts 10% sales growth in 2023
27 January 2023Thailand: Siam Cement Group (SCG) has forecast 10% year-on-year growth in its consolidated sales to US$19.1bn in 2023, from US$17.4bn in 2022. The Bangkok Post newspaper has reported that the group expects sales to rise due to the reopening of the Chinese market and an anticipated growth in Thai domestic tourism.
High value-added goods and services constituted 34% of SCG’s total sales in 2022. The group increased its installed renewable power capacity by 78% to 234MW throughout the year. SCG has planned capital expenditure investments of US$1.22 - 1.53bn in 2023.
SCG president and CEO Roongrote Rangsiyopash said "The economic outlook for 2023 seems to be better than last year, but we will continue to monitor risk factors that may affect our businesses.”
FLSmidth introduces new strategies for cement and mining sectors
18 January 2023Denmark: Equipment manufacturer FLSmidth has launched new corporate strategies for its cement and mining sectors. The so-called ‘pure play’ plans are intended to further focus on technology, products and services and sustainability. The group says it is also simplifying its operating model to reduce risks, improve efficiencies, ensure stronger execution and improve profitability and quality of earnings. The announcement was made at the same time as the group’s latest investor event.
Mikko Keto, the chief executive officer at FLSmidth, said “We must prioritise our efforts on our core business, reduce risk and execute with excellence. We have already started to fundamentally transform our business to ensure stronger strategy execution and to achieve our long-term ambitions to the benefit of our stakeholders.”
In the cement sector the group’s ‘Green 26’ plan aims to make the company the preferred service supplier for the industry. It added that it has a “clear commitment to drive the green transition in the cement industry.” It has set a target of reaching an 8% earnings before interest, taxation, depreciation and amortisation (EBITDA) margin by 2026. For the mining sector the target is a 13 - 15% margin.
In provisional financial results for 2022, FLSmidth revealed that it had an EBITDA margin of 3.3% for cement and 7.6% for mining. Group revenue rose by 24% year-on-year to Euro2.93bn in 2022 from Euro2.37bn in the 2021. Revenue from the cement and mining sectors grew by 7% to Euro847m and 29% to Euro2.03bn respectively. The group said that the short-term outlook for the cement industry remained impacted by overcapacity and that a potential recession is expected to impact market demand negatively over the coming period. Its mining sector revenue was inflated by the acquisition of ThyssenKrupp Mining in 2022.
Egypt: Misr Cement Qena commenced automated cement production at its Qena cement plant in early July 2022. The automation systems also cover plant maintenance processes. Misr Cement Qena awarded a technical management contract for the plant to Arab Swiss Engineering Company in June 2021.
Misr Cement Qena said "This step came in line with the company’s growth strategy to reduce operating costs and maximise asset utilisation in order to meet current challenges."
BekabadCement to launch customer support service
16 June 2022Uzbekistan: BekabadCement plans to launch a testing laboratory at its Bekabad cement plant, from which it will run a dedicated customer support service. The facility will focus on automatic sampling. BekabadCement expects to launch the service to customers in late 2022.
Beumer Group acquires FAM Group
13 June 2022Germany: Beumer Group has completed its acquisition of conveyor systems and loading technology supplier FAM Group.
Beumer Group says that the acquisition expands its portfolio and complements its competence in the project planning of plants with FAM Group’s know-how and global positioning throughout the entire value chain, including aftersales service.