Bosnia & Herzegovina: Tvornica Cementa Kakanj’s (TCK) sales revenue grew by 13.3% year-on-year to Euro48.5m in 2017 from Euro42.8m in 2016. Its sales volumes of cement rose by 12.3% to 0.49Mt from 0.43Mt. Its earnings before interest and taxation (EBIT) rose by 12.5% to Euro8.89m from Euro8.09m. It attributed the growth to continued growing market at home in Bosnia & Herzegovina.
General director Branimir Muidža said that the subsidiary of Germany’s HeidelbergCement started adding new cement silos to its plant in 2017 with completion scheduled for 2018. It has also started preparing its plants to use refuse-derived fuel (RDF).
Total consumption of cement in Bosnia & Herzegovina was estimated to be 1.2Mt in 2017, a rise of 6% from 2016. The boost was pinned on construction of a new road project.
YD Madencilik orders new production line from KHD
Turkey: YD Madencilik, part of Üstyapi Insaat Group, has ordered a 5000t/day clinker production line from Germany’s KHD Humboldt Wedag. The plant will be built at Yiglica, Düzce in the Marmara region. KHD will be responsible for engineering and equipment supply, as well as the supervision of erection and commissioning. It will also provide its Simulex plant simulation software to mirror the operation of the new plant.
The new production line will consist of the following KHD core components: a six-stage preheater with Pyroclon LowNOx AF calciner, equipped with a Pyrotop compact mixing chamber, tertiary air duct and the Pyrobox calciner firing system; a three tyre rotary kiln, with a diameter of 4.8m; a Pyro-Jet kiln burner; and a Pyrofloor clinker cooler equipped with a Pyrocrusher system.
After commissioning, KHD says that YD Madencilik’s plant will operate its most efficient six-stage preheater in Turkey. It added that close to 70% of Turkish cement production units have been designed and installed by KHD. Commissioning of the plant is scheduled for the third quarter of 2019.
BASF to spend Euro6m on new additives plant in Russia
Russia: BASF Construction Systems plans to spend at least Euro6m towards building a new cement additive and concrete admixture plant. The plant will be the company’s fifth in the country, according to Interfax. The subsidiary of Germany’s BASF is currently looking for a site for the unit with a decision planned for 2018. It will then build the plant by 2021.
CNBM and Sinoma merger set to complete in May 2018
China: The merger between China National Building Material (CNBM) and China National Materials (Sinoma) is looking likely to be completed in early May 2018. The companies have issued a scheduled timeline for key events of the withdrawal of Sinoma shares and the implementation of a share exchange. This process is expected to be completed on or around 3 May 2018 with CNBM updating its business registration at the Beijing Municipal Administration of Industry and Commerce as soon as possible thereafter. The merger marks the conglomeration of the leading Chinese cement producer and equipment manufacturer.
Vietnam: Phuc Son Cement is under investigation for exploiting minerals. An inspection report by the State Audit Office has accused the cement producer of using mineral volumes higher than the amount it was licenced for in 1996, according to the Viet Nam News newspaper and Dantri. The report has been passed to the prime minister and the chairwoman of the National Assembly. The company has also been accused of causing pollution from its mining activities and not cooperating with the authorities over the investigation.
The State Audit Office estimates that Phuc Son Cement could face a US$11.7m fine for illegally exploiting natural resources and causing environmental damage. Phuc Son Cement, a joint venture between Taiwan’s Lucky Cement and a local partner, operates one of the largest plants in the country.
India: The National Company Law Appellate Tribunal (NCLAT) has allowed the companies fighting to buy Binani Cement to ‘amicably’ settle the dispute. The tribunal was hearing a petition filed by Binani Industries, which holds over 90% of Binani Cement, according to the Press Trust of India. It followed a suggestion by the National Company Law Tribunal of Kolkata that also asked Binani Cement to consider taking an out-of-court offer between the cement producer and its lenders.
A consortium led by Dalmia Bharat won an auction for Binani Cement with a bid of US$974m in early March 2018. However, UltraTech Cement then made a direct bid to Binani Cement a few weeks later.
India Cements buys Indonesian coal producer
India/Indonesia: India Cements has purchased an 100% share of Raasi Minerals through its subsidiary Coromandel Minerals. The Singapore-based company owns a controlling stake in several coal mines in Indonesia. No value for the transaction has been disclosed.
Tamil Nadu scales down Amma Cement Supply Scheme
India: The state government of Tamil Nadu has scaled down its support for the Amma Cement Supply Scheme. Sales data shows that the scheme failed to meet its targets in 2015 – 2016 and 2016 – 2017, according to the Hindu newspaper. Its highest level of sales was 52% of procurement in August 2016. The subsidised cement scheme was launched by former Chief Minister Jayalalithaa in 2014 to help lower and middle income groups purchase cement at subsidised prices.
HeidelbergCement Bangladesh and China National Heavy Machinery sign deal to expand Kanchpur plant
Bangladesh: HeidelbergCement Bangladesh and China National Heavy Machinery have signed a deal to expand the Kanchpur plant near Dhaka, according to ENP Newswire. HeidelbergCement Bangladesh operates two cement grinding plants in the country.
LafargeHolcim Algeria continues exports to The Gambia
Algeria: LafargeHolcim Algeria has continued exporting cement to The Gambia with a third consignment from its d'Oggaz plant. The 30,000t order of Ordinary Portland Cement was exported from the Port of Arzew to Banjul, according to the El Moudjahid newspaper. The deal follows two previous ones in December 2017 and March 2018.