Displaying items by tag: Supply
LafargeHolcim supplies 10,000t of cement for Brest expansion
15 November 2019France: LafargeHolcim has fulfilled its contract with the Port of Brest for the delivery of 10,000t of cement and almost 0.17Mt of draining sand by sea to the port in the Département of Brittany. A Euro220m project has been underway since 2016 for expansion and diversification of the port’s handling capacity, with completion scheduled for 2020. LafargeHolcim says that it proposed specific construction solutions for use of its materials in improving the accessibility of Brest’s existing wharves and building a new ‘heavy’ wharf.
Wagners to resume Boral cement supply
24 October 2019Australia: Wagners Holdings announced on 23 October 2019 that it will resume the supply of cement products to Boral at an undisclosed price following the suspension of deliveries due to a collapse in relations in March 2019. The companies are due to meet in court in late November 2019.
Egypt: Arabian Cement has signed a 0.3Mt/yr petcoke supply deal with the Egyptian Refining Company. Sergio Alcantarilla, the chief executive officer (CEO) of Arabian Cement said that the agreement was part of the company’s plans to reduce its production costs and improve operational performance by diversifying its energy sources, according to the Daily News Egypt newspaper. The company operates a 5Mt/yr integrated cement plant at Ain Sokhna in the Suez Governorate.
Bangladesh: Bashundhara Industrial Complex will supply up to 45,000t of cement for the construction of a dual fuel-fired combined cycle power station at Meghnaghat in Narayanganj. It has signed a deal with China Energy Engineering Group Northeast No 1 Electric Power (NEPC) for the project. The power plant will have a net generation capacity of 590MW using regasified liquid natural gas or 541MW using high-speed diesel.
Australia: Adelaide Brighton has signed a deal with Oz Minerals to continue supplying cement to the Oz Minerals Prominent Hill Operation. It will last five years with options to extend. In addition to the supply of cement, Adelaide Brighton will also supply aggregate and sand from its Sellicks Hill Quarry and its Price sand operation, as well as auxiliary logistics services.
Malaysia: Lafarge Malaysia has resumed supplying cement to the East Coast Rail Link project. The cement producer has been asked to continue supplying the project until the end of 2019, according to the Star newspaper. The US$65m contract was originally agreed in March 2018 but then suspended in July 2018 when the government reviewed the project.
Bangladesh: Sayem Sobhan Anvir, the managing director of Bashundhara Group, has signed a cement supply agreement with Tao Jun, the project manager of the Padma Bridge Rail Link for China Railway Group. Bashundhara Group will supply over 0.7Mt of cement for the project, according to Daily Sun newspaper. The US$3bn train line will run for 225km between Dhaka and Jessore.
Wagners expects US$7m hit from supply row with Boral
24 April 2019Australia: Wagners expects that its on-going suspension of cement products to Boral will cost it around US$7m in 2019. The company decided to stop the supply following Boral’s notification that it had found a cheaper source in March 2019. Since neither Wagners nor Boral have been able to resolve the disagreement it has now been referred to the Supreme Court of Queensland.
China: Tianrui Cement has entered into a clinker supply deal with Ruiping Shilong. It will buy clinker from Ruiping Shilong from 1 April 2019 until 31 December 2021. The price and quantity will be set following negotiations, although a cap of around US$74m/yr has been set. Tianrui Cement’s chairman and his wife hold a significant minority share in Ruiping Shilonga.
Wagners suspends cement supply to Boral
19 March 2019Australia: Wagners Cement has suspended its supply of cement products to Boral for six months. Wagners has a cement supply agreement with Boral where it supplies cement on an annual basis for a fixed price. However, Boral issued a notice to Wagners saying that it has found cheaper cement from a ‘long established’ supplier in South East Queensland.
As per the agreement Wagners can either match the lower price or suspend its supply. Wagners has decided to suspend its supply to Boral pending a resolution of the issue. It said that the potential financial impact of the pricing notice is US$14m.