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26 June 2019

PPC considering buying government stake in Cimerwa

Rwanda: South Africa’s PPC is considering buying the government’s stake in Cimerwa. Cimerwa chief executive Bheki Mthembu said that PPC Group is performing a share valuation excersise, according to the East African newspaper.
Soraya Hakuziyaremye, the Minister of Trade and Industry, announced the sale in mid-June 2019, after the divestment was first proposed in March 2019.

PPC already owns a 51% stake in the cement producer. The government owns a 16.5% stake and other shareholders include the Rwanda Social Security Board with 20.2%, Rwanda Investment Group with 11.5% and Sonarwa Group 0.8%. The entire 49% stake is currently for sale. Potential buyers have until 5 July 2019 to register their interest.

Published in Global Cement News
Tagged under
  • Rwanda
  • PPC
  • Cimerwa Cement
  • Government
  • South Africa
  • Rwanda Social Security Board
  • Rwanda Investment Group
  • Sonarwa Group
  • GCW411
26 June 2019

Egyptian cement sales fall by 7.7% to 10.9Mt in first quarter of 2019

Egypt: Cement sales fell by 7.7% year-on-year to 10.9Mt in the first quarter of 2019. Data from the Central Bank of Egypt shows that production fell by 8.1% to 11.2Mt, according to Mubasher.

Published in Global Cement News
Tagged under
  • Egypt
  • data
  • Sales
  • Production
  • GCW411
  • Central Bank of Egypt
26 June 2019

Cem’In’Eu obtains NF hydraulic binders certification for Aliénor plant

France: Cem’In’Eu has obtained NF hydraulic binders certification for its Aliénor plant in Tonneins from the Technical Association of Hydraulic Binders. It covers CEM I 52.5 R cement. The cement producer is currently seeking NF certification for other types of cement in its product range. The latest certification follows ISO 9000 and ISO 14000 accreditation at the cement grinding plant.

Published in Global Cement News
Tagged under
  • France
  • Cem'In'Eu
  • certification
  • grinding plant
  • Technical Association of Hydraulic Binders
  • ISO
  • GCW411
26 June 2019

Flender and Wikov announce service cooperation on gears

Germany/Czech Republic: Gear unit specialists Flender and Wikov Industry have announced a service cooperation deal for gear units from other manufacturers. Both companies will add gears from other producers to their service portfolio with the aim of becoming a global ‘one-stop-shop’ in the industry. The intention is to reduce the complexity that end-users can encounter when components from multiple manufacturers are deployed in a single application.

The agreement will allow customers to benefit from Flender's service network with more than 50 repair centres around the world. Wikov holds experience regarding spare parts for gear units from other manufacturers.

Both companies will continue to offer their service portfolio for their original products.

Published in Global Cement News
Tagged under
  • Germany
  • Czech Republic
  • Flender
  • Wikov Gear
  • Gears
  • Siemens
  • agreement
  • Service
  • GCW411
25 June 2019

New Colacem plant coming to Paraguay

Paraguay: The Italian cement manufacturer Colacem has confirmed that it will start construction of a US$200m integrated 2Mt/yr cement plant in the district of San Alfredo, Concepción, Paraguay in early 2020. Representatives from Colacem, along with the Italian Ambassador to Paraguay and Paraguayan Minister for Industry and Commerce made the announcement at a meeting with Paraguay’s President Mario Abdo Benítez.

Paraguayan Minister for Industry and Commerce Liz Cramer said that the projected investment will benefit the entire northern area of the eastern region in terms of new jobs, incorporation of technology and environmental sustainability.

Construction will take three years and the plant will create 700 jobs during construction. There will be around 500 permanent positions, with a further 2000 indirect new jobs arising from the plant.

Italian ambassador to Paraguay, Gabriel Annis, said, "I thank the Government of Paraguay for its support and I confirm the support of my Government for this investment, which for us is fundamental and strategic.” He added that the investment includes technology transfer, social projects and care of the environment and said that he was confident that they will bring development for a Paraguayan region that needs economic injection.

Published in Global Cement News
Tagged under
  • Paraguay
  • Italy
  • Colacem
  • President
  • GCW411
25 June 2019

Tajikistan ramps up exports in first five months of 2019

Tajikistan: Tajikistan exported nearly 0.62Mt of cement in the first five months of 2019, with average monthly cement of around 0.124Mt. This represents a significant increase compared to the recent past. In 2015 monthly exports typically averaged 42,000t.

Between 1 January and 31 May 2019, Tajikistan exported 0.346Mt of cement to Uzbekistan, 0.247Mt to Afghanistan and 27,000t to Kyrgyzstan, according to the Ministry of Industry and New Technologies. Over the same five-month period, Tajikistan made more than 0.1Mt more cement than in the same period of 2018.

Tajikistan now has 18 cement plants with a total production capacity of about 5Mt/yr, with Huaxin Gayur Cement, Chzhungtsai Mohir Cement and Huaxin Gayur Sughd Cement accounting for more than 85% of the overall volume made in the first five months of 2019.

The country exported

Published in Global Cement News
Tagged under
  • Tajikistan
  • Export
  • Huaxin Gayur Cement
  • Chzhungtsai Mohir Cement
  • Huaxin Gayur Sughd Cement
  • GCW411
24 June 2019

Singapore Exchange blocks International Cement Group’s purchase of Schwenk Namibia

Singapore: The Singapore Exchange has blocked the International Cement Group’s (ICG) proposed acquisition of Schwenk Namibia. It said that the transaction did not meet the requirements of a very substantial acquisition (VSA) because the target business was not profitable and because the buyer did not have sufficient cash resources to fund the purchase.

In order to approve the acquisition in the future the exchange requires: that ICG commissions implement anti-money laundering measures on any potential funds for the transaction; that it put into place ‘adequate’ internal controls and risk management systems for any of its operations in Kazakhstan, Tajikistan, Namibia and any other developing country; and that the audit committee uses external auditors.

ICG announced in March 2019 that it had arranged to buy a 100% stake in Schwenk Namibia for US$104m. Schwenk Namibia owns a 69.8% share of Ohorongo Cement.

Published in Global Cement News
Tagged under
  • Singapore
  • International Cement Group
  • Schwenk Namibia
  • Namibia
  • Schwenk Zement
  • Singapore Exchange
  • Acquisition
  • Ohorongo Cement
  • GCW411
24 June 2019

Cem’In’Eu orders 0.25Mt/yr grinding plant from Fives

France: Cem’In’Eu has ordered a 0.25Mt/yr grinding unit from Fives for its Portes les Valence plant in Drôme. The plant has an investment of Euro24m and it is scheduled to open in the second half of 2020. The scope of supply includes raw materials loading, clinker, limestone and gypsum hoppers, a 34t/hrt CEM II A/L FCB B-mill (ball mill) operating in a closed circuit with a FCB TSV dynamic classifier. The Portes les Valence project follows the opening of Cem’In’Eu’s grinding plant at Aliénor in Tonneins in 2018.

Published in Global Cement News
Tagged under
  • France
  • Cem'In'Eu
  • grinding plant
  • Fives
  • Order
  • GCW411
24 June 2019

Norm Cement to increase production for export market

Azerbaijan: Norm Cement plans to increase its clinker production in order to expand its export markets. It intends to export 1Mt in 2019, according to the Trend News Agency. In 2018 it exported 10,000t to Georgia. In 2019 it hopes to send 0.1Mt to Kazakhstan.

Published in Global Cement News
Tagged under
  • Azerbaijan
  • Norm
  • Export
  • Georgia
  • Kazakhstan
  • GCW411
24 June 2019

Xuan Khiem Group seeking government approval to build US$214m cement plant in Vietnam

Vietnam: Xuan Khiem Group is seeking government approval to build a US$214m cement plant in Hoa Binh province. The Xuan Son plant will have a production capacity of 2.3Mt/yr and it is scheduled to be completed in 2020, according to the Viet Nam News newspaper. The People’s Committee of Hoa Binh province and Xuan Khiem Group signed a memorandum of understanding to build the plant in late 2018.

Published in Global Cement News
Tagged under
  • Vietnam
  • Xuan Khiem Group
  • Plant
  • Government
  • GCW411
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