
Displaying items by tag: agreement
ACC and Ambuja enter Master Supply Agreement
13 March 2018India: With a merger of LafargeHolcim subsidiaries ACC and Ambuja Cement on hold, the two companies have proposed entering into a Master Supply Agreement (MSA) with each other with the aims of increasing synergies, reducing operational costs and increasing the companies’ joint sustainability.
This agreement is for supply of cement, clinker, raw materials (including fuel, fly ash, slag, gypsum etc), spare parts and for providing toll grinding services at certain plants. This will be executed through purchase orders, subject to a pricing formula. This will enable each company to optimise the cost of servicing markets by using each other’s plant’s capabilities, maximise the utilisation of assets to generate additional sales for each company and make best use of their joint spare inventory.
Switzerland: The IndustriALL Global Union and Building and Wood Workers’ International (BWI) have expressed their dismay at LafargeHolcim’s failure to sign a global framework agreement intended to support industrial relations. The company signed a memorandum of understanding committing to sign the agreement in July 2017. However, the unions’ say that LafargeHolcim backed out of the deal in late December 2017, saying that its current internal arrangements were sufficient.
The unions, together with other international and national partners, have called on LafargeHolcim to sign the agreement, stop poor treatment of sub-contracted and third party workers by the company and to prioritise the health and safety of all of its workers.
“This recent decision to break the agreement on building a social dialogue further damages the credibility of the company. We strongly believe that the shareholders, board of directors and all decision makers in LafargeHolcim must think carefully what the future will hold for LafargeHolcim if this destructive approach prevails,” said Valter Sanches, the General Secretary of IndustriALL.
China: Anhui Conch Cement has signed a strategic cooperation agreement with China Railway Materials Trading, a subsidiary of China Railway Group. Yu Shui, the assistant general manager of Anhui Conch, and Xiao Song, deputy general manager of China Railway Materials Trade Group, signed the agreement. Anhui Conch plans to establish a supply chain agreement with the state-owned company.
Liberia: The government is reviewing an Investment Incentive Agreement between the Government of Liberia and Dangote Cement Liberia worth over US$41m. The review by the House of Representatives follows a letter from President Ellen Johnson Sirleaf urging the legislature to ratify the agreement, according to the Daily Observer newspaper. The agreement covers a 15 year period whereby the Nigerian company will build and operate a 1000t/day cement grinding plant at Monrovia. The deal also includes the option to double the production capacity if the unit.
Southeast Asia: LafargeHolcim has signed an agreement on biodiversity conservation with Fauna & Flora International (FFI). Under the agreement, FFI will perform an independent external review of the group’s existing biodiversity management plans (BMP) at sites in Malaysia, Indonesia and the Philippines; contribute to the development of a group-wide strategy on karst management; identify opportunities for enhancing biodiversity in quarry rehabilitation; and organise a stakeholder dialogue bringing together an external expert group, local government, local non government organisations and LafargeHolcim staff to consult on BMP recommendations. The agreement is intended to help LafargeHolcim meet the biodiversity aspects of its 2030 sustainability plan.
“Biodiversity loss is a major global challenge. We aim to be good stewards of the land where we operate and demonstrate that proper management of quarries can reduce and reverse our impacts and even generate positive change for biodiversity. The new engagement work with FFI will play a key role in achieving our commitment,” said Caroline Hempstead, Group Head of Communications, Public Affairs & Sustainable Development at LafargeHolcim.
Metso signs distribution agreement with Process Control Equipment to cover UK, Benelux and Spain
28 June 2017Finland: Metso has signed a distribution agreement for its valve products with Process Control Equipment (PCE) to cover the UK, Benelux and Spain. Under the non-exclusive agreement, PCE will add to its current portfolio of Metso's Neles and Jamesbury product families for all process industries in all countries. PCE has been distributing Metso's Jamesbury valves in the UK since 2012.
"The new agreement brings benefits for Metso's customers in UK, Benelux and Spain to ensure better availability and service support for them. The expansion of distributors in these countries will bring additional value, including more local support, local inventories, and faster deliveries of our products," said Kyle Rayhill, Director of Global Distribution, Flow Control, Metso.
Uzbekistan: Uzqurilishmateriallari, with the Government of Uzbekistan, and Eurocement Group have signed a memorandum of cooperation in connection to joint projects including the construction of a cement plant. Filaret Galchev, Eurocement’s chairman of the board of directors, and Elyor Ganiev, the Ministry of Foreign Economic Relations, Investments and Trade, signed the agreement, according to Uz Daily. The deal includes cooperation towards building a 2.4Mt/yr cement plant with Eurocement’s local subsidiary Akhangarancement and plans for refractory and insulation materials projects. Altogether the investment is around US$220m. The agreement also includes cooperation in producing new ‘export-orientated’ building materials.
Uzbekistan: Russia’s Eurocement has signed an agreement with Uzqurilishmateriallari to build a 2.4Mt/yr cement plant. It is scheduled for completion by 2020. The new plant will be Eurocement’s second plant in the country and it will increase its total cement production capacity to over 4Mt/yr. Eurocement already owns a 84% stake in Uzbekistan’s second largest cement producer Akhangaracement after purchasing a 76% stake in it from Switzerland’s Zeromax in 2006.
Petron Engineering to build silos for Shree grinding plant
05 January 2017India: Petron Engineering Construction has received a letter of intent to build silos and other miscellaneous work at Shree Cement’s cement grinding plant near Cuttack in Orissa. The contract is valued at just under US$5m, according to Accord Fintech. In September 2016 Petron received letter of intent from Shree Cement for civil work at cement plants in Aurangabad, Bihar and Gulbarga, Karnataka with a contract value of just under US$7.5m.
McInnis Cement to use Gaspesian Rail for distribution of cement
03 January 2017Canada: McInnis Cement has signed an agreement with the Gaspé railway corporation (SCFG) to distribute cement from New Richmond, Quebec to various Canadian and US markets. The agreement covers the transportation of 140,000t of cement over a five-year period.
“The use of rail combined with the efficiency of maritime transport provides McInnis the flexibility and competitiveness needed for the distribution of cement that will be produced by the company commencing in the Spring of 2017,” said McInnis Cement chief executive officer, Hervé Mallet. He added that the company might increase its volumes when conditions permit.
The cement will be loaded onto trucks at the plant site in Port-Daniel–Gascons, transported to New Richmond, and then trans-shipped onto tenders through a weight bin to be installed by SCFG. The first shipments are expected to start a few weeks after the plant becomes operational.