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US: Italy’s Cementir Holding has completed its acquisition of an additional 38.75% of Lehigh White Cement. It paid US$107m for the purchase. Following the deal Cementir holds a 63.25% stake in Lehigh White Cement and Cemex holds the remaining 36.75%. Cementir said that the acquisition would allow it to directly manage assets in the US in the core white cement business.
US: The Environmental Protection Agency (EPA) has awarded CalPortland the 2018 Energy Star Partner of the Year Sustained Excellence Award for continued leadership and superior contributions to Energy Star. CalPortland’s accomplishments will be recognized by the EPA and the Department of Energy at a ceremony in Washington, DC on 20 April 2018.
Its key accomplishments in 2017 include: promoting energy management across the US cement industry through the chief executive officer’s leadership of a trade association and an offer of the company’s assistance to others in the industry; earning the EPA’s Energy Star plant certification for two cement plants where one was recently purchased and required extensive upgrades and energy improvements to qualify in less than two years; and continuing to invest in operations through new plant hardware such as a high efficiency separator for a mill, efficient new equipment to improve raw feed processing, and computational fluid dynamic software to better manage process air and material flows. The company also developed innovative methods for training employees and motivating them to manage energy in their work. In its outreach work it informed employees and over 106,000 community members and schools, competitors and others about energy management and the Energy Star program.
Philippines: Trade Secretary Ramon Lopez says that all imports of cement have passed quality tests since the implementation of the new Department Administrative Order (DAO) in November 2017. He said that a review of the DAO found a total of 167 cement shipments totalling 1.93Mt conducted by 32 traders and manufacturers, according to the Philippine Star newspaper. Of the 167 shipments, Lopez said 24 conducted pre-shipment tests from its source country through accredited testing laboratories. He added that the pre-shipment tests were also subject to post-shipment tests and all passed the post-shipment tests also. The review was carried out to check whether pre-shipment tests were rigorous enough.
Algeria/Niger: The Aoulef cement plant in Afrar province has started exporting cement to Niger. Youcef Yousfi, the Minister of Industry and Mines, welcomed the news in a statement, according to the El Moudjahid newspaper and the Algeria Press Service. The plant exported 950t of Ordinary Portland Cement by land. The 1.5Mt/yr Aoulef cement plant started production in December 2017. It aims to export around 1Mt/yr of cement.
UltraTech Cement receives approval from Competition Commission of India on bid for Binani Cement 29 March 2018
India: UltraTech Cement has received approval from the Competition Commission of India (CCI) regarding its bid for Binani Cement. It said that the Committee of Creditors (COC) of Binani Cements had rated Bharat Dalmia as the leading bidder instead of UltraTech Cement because it didn’t have clearance from the CCI. “A lot of apprehensions were raised by the resolution professional about UltraTech obtaining the CCI clearance, on its bid for Binani Cements,” said UltraTech Cement in a statement.