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Eagle Cement orders coal mill from Loesche 19 June 2017
Philippines: Eagle Cement has ordered a coal mill from Loesche for its Barangay cement plant in San Ildefonso. The vertical roller mill is intended for the third line at the plant and it is designed for grinding 54t/hr of mixed coal or 34t/hr of pet coke. The grist is ground to a fineness of 12% (coal) or 3% (pet coke) sieving residue with 90µm. The scope of supply also includes an LSKS-classifier and corresponding filters, blowers, an inertisation unit, the gas analysis and the main drives. All components are scheduled to be delivered before the end of 2017.
Buzzi Unicem buys Zillo group 19 June 2017
Italy: Buzzi Unicem has agreed to buy Cementizillo for Euro60m plus 450,000 shares in Buzzi Unicem. The agreement also foresees a variable payment of up to Euro21m, payable to majority shareholders in Cementizillo, depending on the average price of Buzzi Unicem cement in Italy from 2017 to 2020. Buzzi Unicem has purchased 47.9% of the share capital of Cementizillo directly from the minority shareholders. The remaining 52.1% is expected to be acquired in early July 2017, following the prior settlement of some non-core assets that do not lie in the interest of Buzzi Unicem.
Zillo Group operates two integrated cement plants at Fanna and Este and about 40 concrete batching plants in northeast Italy. It reported cement and clinker sales volumes of around 1.1Mt and ready-mix concrete sales of 440,000m3 in 2016. Its net sales was Euro90m and its earnings before interest, taxation, depreciation and amortisation (EBITDA) were Euro10m. However, it reported a net debt of Euro46m in December 2016.
UK: Renold Couplings has added RBI rubber-in-compression couplings to its range of couplings. Torque is transmitted through compressed rubber blocks, which dampens vibration and eliminates backlash, in this type of coupling. Renold Couplings also say that rubber-in-compression couplings reduce service costs as the only serviceable items are the rubber blocks.
Vietnam: The government has approved development planning to start for an inland port for the Siam City Cement Vietnam Thi Vai cement grinding plant. The proposed site will be adjacent to the Thị Vải River, according to the Vietnam Investment Review magazine. The port is expect to be able to support barges with a capacity of up to 5000t. The plant was acquired by Thailand’s Siam City Cement in March 2017 when it purchased Holcim Vietnam from LafargeHolcim.
Nepal: Data from the Nepal Rastra Brank shows that the value of cement imports have doubled year-on-year to US$155m in the first 10 months of the current financial year from US$77m in the same period in 2015 – 2016. The surge in imports has coincided with a fall in the capacity utilisation rate of most cement plants to 60%, according to the Himalayan Times newspaper. The fall in local production has been blamed on difficulties importing clinker, coal and other raw materials. Reduced electricity supplies have also affected production. The Cement Manufacturers Association of Nepal hopes that, if these impediments are reduced, the country could become self reliant in clinker within two years.