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Whale Rock Cement to commission plant in October 2018

30 July 2018

Namibia: Whale Rock Cement plans to commission its new plant near Otjiwarongo at the end of October 2018. The 1.2Mt/yr unit had an investment of US$350m, according to the Xinhua News Agency. Cement from the plant will be sold under the Cheetah brand. The project is a joint venture between China's Asia-Africa Business Management and local partners.

Published in Global Cement News
Tagged under
  • Namibia
  • Whale Rock Cement
  • Plant
  • commissioning
  • China
  • Asian and African Business Management
  • GCW364

Shree Cement’s quarterly profit down due to input costs

30 July 2018

India: Shree Cement’s profit fell in the quarter that ended on 30 June 2018 due to higher power, fuel and logistic costs. Its profit dropped by 36% year-on-year to US$40.7m from US$64.1m in the same period in 2017. However, its income rose by 5.4% year-on-year to US$461m. During the reporting quarter the cement producer commissioned a cement grinding mill at its Kodla cement plant in Karnataka, it purchased a railway terminal at Hathbandh in Chhattisgarh and it acquired a majority stake in Union Cement in the UAE.

Published in Global Cement News
Tagged under
  • India
  • Shree Cement
  • Results
  • GCW364

Trinidad Cement’s revenue rose by 4% to US$132m in first half of 2018

30 July 2018

Trinidad: Trinidad Cement’s revenue rose by 4% year-on-year to US$132m in the first half of 2018 from US$127m in the same period in 2017. Its profit nearly tripled to US$7.57m.

Published in Global Cement News
Tagged under
  • Trinidad
  • Trinidad Cement
  • Results
  • Cemex
  • GCW364

UNACEM’s income rises in first half of 2018 due to higher prices

30 July 2018

Peru: UNACEM’s income rose by 8% year-on-year to US$295m in the first half of 2018 from US$272m in the same period in 2017. Its cement despatches fell slightly to 2.4Mt. The cement producer attributed the rising income to higher prices. However, its net profit fell by 48% to US$62.2m from US$119m due to less income from its subsidiaries.

Published in Global Cement News
Tagged under
  • Peru
  • UNACEM
  • Results
  • GCW364

Shun Shing Group orders two mills from Loesche

30 July 2018

Bangladesh: Hong Kong’s Shun Shing Group has ordered two mills from Germany’s Loesche for its local subsidiaries, Seven Circle Bangladesh (SCB) and Shun Shing Cement Mills (SSCM).

SCB has ordered a vertical roller mill for a new grinding plant in Gazipur. With four main and four support rollers, the mill will be used for grinding clinker and slag. It will have a throughput capacity of 400t/hr and it will be the largest Loesche cement mill in the country. The cement mill for SCB is equipped with a Compact Planetary Electric Drive (COPE) and has a drive power of 9.2MW.

Loesche has also received a mill order for SSCM. A LM 53.3+3 CS mill will be used, with three main and three support rollers and a drive power of 4650kW. The mill will grind clinker and slag at a capacity of 180t/hr in a newly-built grinding plant belonging to SSCM in Shikalbaha near Chittagong.

The scope of delivery for both mills includes the complete mill including the static mill components. Both mills will continue to be equipped with Pronamic wear parts, developed by for the main rollers, support rollers and the grinding table. It is anticipated that commissioning of both grinding plants will take place in autumn 2019.

Both SCBL and SSCM produce around 4.4Mt/yr of cement with their production facilities there under the brand ’Seven Rings Cement.’ Additionally, the business areas of the parent company Shun Shing Group also extend to the trade and transportation of raw materials and industrial chemicals for construction.

Published in Global Cement News
Tagged under
  • Bangladesh
  • Shun Shing Group
  • Seven Circle Bangladesh
  • Shun Shing Cement Mills
  • Loesche
  • grinding plant
  • Hong Kong
  • Germany
  • GCW364
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