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Fire at Cemex South Ferriby cement plant 19 July 2016
UK: Firefighters were called to an incident at the Cemex South Ferriby cement plant on 17 July 2016. A spokesman for Humberside Fire and Rescue Service told the Scunthorpe Telegraph that a fire involved a fuel leak from a pipeline which spread to cables, pipework and a disused control room within the kiln room. Fire damage was reported to the pipework, cables and one wall of the control room. The remainder of the building was damaged by smoke.
Shree Cement wins coal contract in Chhattisgarh 19 July 2016
India: Shree Cement has won its bid for a coal contract from South Eastern Coalfields Ltd (SECL) for 80,000t/yr. The cement producer will gain the supply from the New Kusmunda mine in Chhattisgarh for US$14/t. In May 2016 the company announced plans to build a 2.8Mt/yr clinker production line at its integrated cement plant in Raipur, Chhattisgarh. The US$104m line, excluding land and other infrastructure costs, is set to be completed by March 2018.
Indonesia: Semen Indonesia’s cement sales volumes rose by 1.2% year-on-year to 12.4Mt in the first half of 2016 compared to the same period in 2015. Local sales rose by 1.6% to 12.2Mt but export volumes fell sharply by 20.1% to 0.19Mt. The decline in export sales was attributed to the Indarung cement plant in Padang province.
Cement consumption for the country as a whole rose by 3.1% to 29.5Mt for the first half of 2016, according to Indonesian Cement Association data. Increases in consumption were noted in most regions, with the exception of Kalimantan, where consumption fell by 16% to 2Mt. Notable increases in consumptions were recorded in Sulawesi, Maluku and West Papua. Overall exports of cement fell by 19.3% to 0.21Mt but clinker exports rose by 380% to 0.42Mt in the period.
Cemex Philippines to build US$300m plant 19 July 2016
Philippines: Cemex Philippines plans to build a US$300m cement plant with a production capacity of 1.5Mt/yr. The plant will be in operation in the second half of 2019, according to Reuters. Company president and chief executive Pedro Jose Palomino made the announcement amid the company’s initial public offering on the Philippine Stock Exchange.
Russia: Asia Cement intends to swap its US$86.5m debt to Vnesheconombank (VEB) for a 49% stake, the Kommersant newspaper has reported. VEB will also provide Asia Cement with a loan to help it refinance two loans, worth a total of US$259.6m. The source quoted by the newspaper said that the swap of the debt for equity was a technical transaction aimed at reducing the company's debt burden. Asia Cement operates a cement plant in the Penza region.