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16 February 2018

Eurocement to spend Euro31m on upgrade to plants in Leningrad region

Russia: Eurocement Group plans to spend Euro31m on upgrade work at two cement plants in the Leningrad region. It will allocate Euro14m towards work at Pikalyovskiy Cement and Euro17m at Peterburgcement, according to the Delovoy Peterburg newspaper. New milling equipment with additional filter will be installed at Pikalyovskiy Cement, and one of the plant’s two mills will be closed. This will allow the enterprise to raise the output of premium cement, decrease its production cost, and reduce emissions. A gas-piston thermal power with a capacity of 24.9MW will be built at the Peterburgcement plant.

Published in Global Cement News
Tagged under
  • Russia
  • Eurocement
  • Plant
  • Upgrade
  • Pikalyovskiy Cement
  • Peterburgcement
  • GCW341
16 February 2018

Kerneos and Imerys Refractory Minerals reform as Imerys Aluminates

France: Imerys has reorganised its Kerneos and Imerys Refractory Minerals businesses into one division: Imerys Aluminates. The new organisation will be managed by Jean-Marc Bianchi, Vice-President and General Manager, and it will become one of Imerys' 12 divisions.

Imerys Aluminates is expected to generate a yearly turnover of approximately Euro650m, it operates 23 industrial sites in seven countries, and is supported by a global commercial presence. It will offer customers a broad product portfolio across a range of segments, including refractories, building chemistry, civil engineering, investment casting industries and wastewater systems.

Published in Global Cement News
Tagged under
  • France
  • Kerneos
  • Imerys
  • Imerys Aluminates
  • Refractory
  • GCW341
16 February 2018

Cementir’s sales in 2017 boosted by acquisitions

Italy: Cementir’s sales rose by 25% year-on-year to Euro1.29bn in 2017 from Euro1.03bn in 2016. The results benefited from Cementir’s acquisition of CCB Group and Cementir Sacci in 2016. Cementir subsequently agreed to sell Cementir Italia, including Cementir Sacci, to HeidelbergCement in late 2017.

Cementir’s earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 11.5% to Euro221m from Euro198m. Its total cement sales volumes rose by 26.6% to 12.8Mt from 10.1Mt. Sales volume increases were attributed to a change in the scope of consolidation in Belgium and Italy and ‘good’ performance in Denmark, Turkey, Egypt and Malaysia.

The Italian cement producer also announced with its financial results that it will expand its presence in the US by acquiring an additional 38.75% stake of Lehigh White Cement Company from HeidelbergCement, giving it a majority of 63%.

Published in Global Cement News
Tagged under
  • Italy
  • Cementir Holding
  • Results
  • Lehigh White Cement
  • Cementir Sacci
  • Cementir Italia
  • GCW341
16 February 2018

Mangalam Cement to build waste heat recovery unit at Morak plant

India: The board of Mangalam Cement has approved plants to build a 11MW waste heat recovery unit at its Morak plant in Rajasthan. The subsidiary of BK Birla Group operates a single integrated plant.

Published in Global Cement News
Tagged under
  • India
  • Mangalam Cement Limited
  • Waste Heat Recovery
  • Plant
  • Rajasthan
  • GCW341
16 February 2018

Najran Cement takes US$3m hit on stopping production line

Saudi Arabia: Najran Cement says that the financial impact of temporarily stopping its third production line and reopening its second production line will be around US$3m. The cement producer intends to sell stock from inventory to mitigate the cost.

Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Najran Cement
  • Plant
  • line
  • GCW341
16 February 2018

Al Jouf Cement renews export licence to 2019

Saudi Arabia: Al Jouf Cement has renewed its export licence for one year. The Saudi cement producer received the licence on 15 February 2018, according to Mubasher. The licence will end in February 2019 and any financial impact will be announced subsequently.

Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Al Jouf
  • Export
  • Licence
  • GCW341
16 February 2018

Hail Cement renews power plant operation deal with Wärtsilä

Saudi Arabia: Hail Cement has renewed its three-year asset management agreement with Finland’s Wärtsilä for the power plant at its Turbah plant. Wärtsilä provides guarantees for the performance of the power plant and ensures the reliability and availability of its operations. The operations of the power plant are remotely monitored from a Wärtsilä Expertise Centre for real-time data gathering and analysis. The agreement, signed in November 2017, is already the second renewal of Wärtsilä’s service agreement for the power plant in Turbah, the first agreement being signed in 2012.

“Wärtsilä has been responsible for the full operation and maintenance of our power plant in Turbah for about six years now. We have been satisfied with its flexibility, quality of service and emphasis on safety, and are happy to continue our co-operation with them,” said Matar Al Zahrani, chief executive officer (CEO) of Hail Cement.

The agreement covers the operation and maintenance of Hail Cement Factory’s power plant, including the day-to-day operation of the power plant, preventive and predictive maintenance as well as plant operations manpower, health and safety management. The 53MW base load power plant is equipped with seven Wärtsilä 32 engines and provides energy for Hail Cement Company’s cement factory as well as for the nearby residential area.

Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Hail Cement
  • Power Plant
  • Wärtsilä
  • Contract
  • GCW341
16 February 2018

Cheetah Cement imports clinker from China

Namibia: Cheetah Cement has imported 40,000t of clinker from China via the Port of Walvis Bay. The clinker will be transported by truck to the cement producer’s plant in Otjiwarongo, according to the Namibian Sun newspaper. The company is a joint venture between China’s Asia-Africa Business Management and Whale Rock Cement. Its plant was reported ‘complete’ in late 2017 but construction work continued into January 2018.

Published in Global Cement News
Tagged under
  • Namibia
  • Cheetah Cement
  • Clinker
  • China
  • Port
  • AsiaAfrica Business Management
  • Whale Rock Cement
  • Plant
  • GCW341
15 February 2018

HeidelbergCement sells Lehigh White Cement stake

US: HeidelbergCement has announced that its subsidiary Lehigh Cement Company has signed an agreement to sell its 51% position in Lehigh White Cement Company to the minority shareholders Aalborg Cement Company and Cemex. Closing of the transaction is subject to customary conditions and is expected during the first quarter 2018. Authorisation by the Antitrust Authority has already been obtained.

Lehigh White Cement Company operates two plants in Waco, Texas and York, Pennsylvania with a combined production capacity of approximately 0.26Mt/yr.

“As a niche product with small volumes, the standalone production of white cement does not fit to the strategic focus on efficiency of HeidelbergCement,” said Bernd Scheifele, Chairman of the Managing Board of HeidelbergCement. “The disposal is part of our global portfolio review and optimisation with the goal to generate additional cash flow in order to support our disciplined growth and increase shareholder returns.”

Cemex, via its US subsidiary, will increase its stake from 24.5% to 36.75% when the deal is completed. It will pay US$34.0m. Cementir, via Aalborg Cement, will pay US$107.m for the purchase of a further 38.75% stake. This will take its total share to 63.25% once the deal goes through.

"This acquisition gives us the opportunity to enter the direct management of assets in the US in a segment, that of white cement, which is our core business, strengthening our global leadership consistent with our development strategy," commented Francesco Caltagirone Jr, President and chief executive officer of Cementir Holding.

Published in Global Cement News
Tagged under
  • HeidelbergCement
  • Lehigh White Cement
  • Aalborg Portland
  • Cementir Holding
  • Cemex
  • GCW341
15 February 2018

Shree Cement commissions Bangur grinding plant

India: Shree Cement has commissioned its new cement grinding unit at Bangur, Rohi Udaipur Udasar in Rajasthan. The plant has a grinding capacity of 3.60Mt/yr.

Published in Global Cement News
Tagged under
  • India
  • Shree Cement
  • grinding plant
  • GCW341
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