South Korea: Baring Private Equity Asia has sold Halla Cement to Asia Cement for US$723m. The combined business will be the third largest cement player in Korea, with a combined market share of 19%.

Baring Private Equity Asia bought Lafarge Halla Cement from LafargeHolcim in 2016. It took full control of the cement producer in 2017. It was then reported to be shortlisting potential buyers for the company in September 2017.

Halla Cement operates one cement plant at Okgye and three slag cement grinding plants. It has a cement production capacity of 7.6Mt/yr. It also runs 11 distribution centres in the country, consisting of seven coastal and four inland centres.

Pakistan: Mian Saqib Nisar, the Chief Justice of Pakistan, has said that the Supreme Court will prevent the construction of any new cement plants or upgrades to existing plants near Katas Raj Temples in Punjab. However, he said that no existing plants in the area would be shut down, according to the Business Recorder newspaper. The investigation by the court had been taken in response to media reports that the pond at the Hindu heritage site was drying out due to water consumption by nearby cement plants. The local government has also been taking steps to stop new cement plants being built in parts of the province.

India: Nirma Group’s subsidiary Nuvoco Vistas plans to invest US$157m on captive power plants and waste heat recovery systems for three of its cement plants in Chhattisgarh, Jharkhand and Rajasthan. The cement producer plans to save around US$15m from the upgrades over the next two to three years, according to the Hindu newspaper. Nirma Group purchased three cement plants and two grinding plants from Lafarge India with a total production capacity of 11Mt/yr in 2016.

France: Aumund has won an order to supply equipment for an upgrade at LafargeHolcim’s Martres-Tolosane cement plant. Aumund Fördertechnik is supplying a package including belt bucket elevators to feed the 96m tall heat exchanger and the raw meal silo at the plant. Two Aumund BWZ chain bucket elevators will be used to convey raw meal and filter dust, and for silo feed. An Aumund KZB pan conveyor with a vertical lift of 9m will be installed under the clinker cooler.

Seven Aumund Louise-type drag chain conveyors with short centre distances of 13 m and conveying capacities between 7 and 50t/hr will extract filter dust. Two Centrex machines (25 – 250t/hr) will be extracting a mixture of limestone and clay as well as iron ore from silos up to 7m high.

The Euro100m modernisation project at the Martres-Tolosane works is part of LafargeHolcim’s Euro300m investment project in France. Once upgraded, the plant will be equipped to burn alternative fuels, and energy consumption and CO₂ emissions will be reduced. Work on the project will start in the final quarter of 2018 and be completed by mid-2020.