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FLSmidth consortium buys share in Power Cement 06 February 2018
Pakistan: A consortium of investors including Denmark’s FLSmidth have purchased a stake in Power Cement. The investors include the Danish Investment Fund for Under-Developed Countries (IFU) and IFU Investment Partners (IIP). As part of the deal the board of the cement producer has approved the appointment of Anders Paludan as a director.
Fives wins kiln replacement order for Eqiom’s Lumbres cement plant 06 February 2018
France: Fives FCB has been awarded an engineering, equipment supply and supervision of works contract for the replacement of a kiln at the Lumbres cement plant. The work covers replacing the downstream shell of the 42.2m kiln, including the tyre. The project is part of the cement producer’s plan to adapt Kiln 5 at the site for the installation of a new clinker cooler.
Gambarotta receives order from CBMI-Sinoma 06 February 2018
China: Italy’s Gambarotta Gschwendt has received an order from CBMI-Sinoma for four surface feeders and five apron feeders. The company manufactures bulk handling equipment such as elevators and conveyors.
Ivory Coast sets up quality control commission for cement 06 February 2018
Ivory Coast: Jean-Claude Brou, the Minister of Industry and Mines, has announced the creation of a commission for the quality control of cement. The minister made the statement at the opening of a new mill at LafargeHolcim plant at Abidjan, according to the Agence Ivoirienne de Presse. Brou added the country’s demand for cement rose to 5Mt in 2017 from 2.5Mt in 2015.
PPC says that South African cement demand fell by 4% in 2017 05 February 2018
South Africa: PPC estimates that local cement demand fell by 3 – 4% in 2017 due to a lack of large infrastructure projects. In an operating update for the nine months to 31 December 2017 it reported that its cement sales volumes fell by 1 – 2% year-on-year, although it had increased its prices. It increased its exports by 23%. The cement producer also reported that its Slurry Kiln 9 project was 90% complete, with commissioning scheduled for the second quarter of 2018.
Elsewhere in Africa, PPC’s sales volumes rose by 20 – 30% in Rwanda due to a rise in bulk cement sales and higher exports. In Zimbabwe sales volumes grew by 30 – 40% supported by retail sales.