UK: Refractory producer RHI Magnesita says that its cement and lime segment was ‘flat’ in the first half of 2018. It blamed this on on-going low capacity utilisation in China and Brazil and ‘some’ market share losses due to its prices. The adjusted sales revenue of its Industrial Division, including cement and lime, rose by 14.3% year-on-year to Euro413m in the first half of 2018 from Euro362m in the same period of 2017. Overall, the company reported a 24.6% increase in revenue to Euro1.51bn from Euro1.21bn.
In a separate release RHI Magnesita subsidiary Magnesita said that the company’s revenue rose by 81.6% to US$133m. This was attributed to sales to the cement business in North America and higher deliveries in Europe in 2018. However, Magnesita’s services business suffered from a poor cement market in Brazil.
Wonder Cement plant launched in Maharashtra
India: Wonder Cement, a part of the Rajasthan-headquartered RK Group, has announced that it will set up a 2Mt/yr clinker grinding unit in Dhule, Maharashtra at a cost of US$64.7m. The plan marks the company’s first foray into the state. This is in addition to the earlier-announced plan to invest US$359m by the end of the 2020 financial year.
“The Dhule plant will distribute cement mainly across Maharashtra, while a minimal quantity will be supplied to Madhya Pradesh,” said Managing Director JC Toshniwal, who added that the company is also in the process of developing a railway siding for the unit.
Following the commencement of the Dhule facility, Wonder Cement’s production capacity will increase to 8.75Mt/yr from the present 6.75Mt/yr. The clinker required for the unit will be supplied from Nimbahera plant in Rajasthan. Gypsum, another raw material used for manufacturing cement, will be procured from Gujarat and fly ash from a nearby thermal power plant.
In addition to the plants in Nimbahera and Dhule, Wonder Cement is in the process of setting up a third clinker facility of about 2.5Mt/yr in Nimbahera, Rajasthan. “The civil works for the third clinker unit is in full swing,,” confirmed Toshniwal. “We will commission it by mid-2019. This will help to increase our cement production capacity to 11Mt/yr.”
Under its expansion plans, the company will look at setting up two more clinker units. One will be in Madhya Pradesh, but the location for the other is yet to be finalised.
Cement production rises in Azerbaijan
Azerbaijan: In the first seven months of 2018, Azerbaijan produced 1.92Mt of cement, a 21.6% increase compared to the same period of 2017. The country also produced 17,000t of lime (a 27.3% increase) and 811,100t of finished concrete (an increase of 2.2 times).
Scramble for LafargeHolcim’s Indonesian unit
Indonesia: The sale of LafargeHolcim's Indonesian unit has sparked the interest of several potential buyers in the region. Names in the ring include Japan's Taiheiyo Cement, Malaysia’s YTL Corp and Indonesia’s PT Semen Indonesia, according to Bloomberg reports that cite unnamed sources. PT Indocement Tunggal Prakarsa is also reported to be interested. Bloomberg reports that LafargeHolcim could seek as much as US$2bn for the unit, which has 15.5Mt/yr of capacity across seven plants.
Sungshin Cement to buy controlling stake in Halla Encom
South Korea: Sungshin Cement will become the new owner of bigger rival Halla Encom Corporation, a ready-mixed concrete (RMC) manufacturer from Halla Corporation, by purchasing an 85% stake in it for US$49.3m.
Sungshin said that it had signed a share purchase agreement by forming a consortium with BCH Peregrine Investment, a private equity fund, to take over Halla Encom. It said that that the purpose of the sale was to improve its financial soundness and raise funds for new businesses.
Halla Encom ranked seventh among South Korea’s eight RMC producers in 2017, producing 3.44Mm3 of concrete. Sungshin Cement was eigth, with shipments of 1.91Mm3. The combined entity is expected to become the third largest producer of RMC in South Korea, larger than Ssangyong Remicon (5.34Mm3) Sampyo Industry (7.59Mm3) and Eugene Corporation (7.5Mm3).
EAPCC sites to be auctioned to pay for staff claims
Kenya: East Africa Portland Cement Company (EAPCC) properties are set to be auctioned to recover US$13.9m owed to workers following the firm’s failure to fully implement a collective bargaining agreement (CBA).
The Kenya Chemical and Allied Workers Union (KCAWU) has already obtained the services of an auctioneer, who will start auctioning EAPCC property upon expiry of the notice. The auctioneer will be seeking to recover the money for more than 400 workers covered in the 2013–2015 CBA.
The said CBA was the subject of a dispute before the Labour Court and the Court of Appeal. EAPCC was aggrieved that the court had directed it to increase wages for contract employees.
Court of Appeal judges GBM Kariuki, Fatuma Sichale and Sankale ole Kantai, held that upon the contract staff who were not part of management becoming members of KCAWU on payment of union dues, they were entitled to benefit from the negotiated CBA.
WHR project for Bartin Çimento
Turkey: Shanghai Triumph Energy Conservation Engineering Co Ltd has won a waste heat recovery (WHR) project at Bartin Çimento from Turkey’s Sanko Holding, which operates the plant. It will have a recovery capacity of 5MW from the 3700t/day facility. The project will be carried out on an Engineering, Procurement and Construction (EPC) basis.
Shanghai Triumph plans to install two boilers and one power generation system. It will use two boilers from Mitsubishi Corporation, with the power generator likely to be sourced from Kubota Corporation.
LafargeHolcim Dunkirk plant receives Euro3.5m
France: LafargeHolcim has announced a Euro3.5m investment in a new mixer for its clinker and slag mill located on the port of Dunkirk. The new equipment is intended to further increase the site's production, which has been steadily increasing since it was commissioned in 2012. The mill will manufacture of cement with 40% clinker and 60% ground iron slag. Commissioning is scheduled for January 2019.
Uzbekistan imports more cement
Uzbekistan: Uzbekistan imported cement worth a total of US$79.8m during the first half of 2018, six times more than in the same period of 2017, according to the State Statistics Committee of Uzbekistan. It was reported earlier that Uzbek cement production had decreased from 4.2Mt in the first half of 2017 to 3.9Mt in the first half of 2018.
Mega cement and marble plant inaugurated in Egypt
Egypt: Egyptian President Abdel-Fattah al-Sisi inaugurated a cement and marble production complex worth US$1.1bn to the south of Cairo on 15 August 2018. The 500-hectare industrial complex is located 12km north of the Upper Egyptian governorate of Beni Suef.
It took 21 months to complete the complex, which includes three cement plants with a combined annual production capacity of 12Mt/yr. Egypt, through the Armed Forces Engineering Authority, worked together with 20 local and international companies on the project.
During the unveiling ceremony, Sisi said that such industrial projects would help reduce imports, while saving foreign currency and offering thousands of job opportunities to local people.