Global Cement News
Search Cement News
Savannah Cement plans US$200m plant upgrade 02 January 2015
Kenya: Savannah Cement plans to spend US$200m in 2015 to increase its production capacity by building a new cement grinding plant. The project will be funded through internal cash reserves and is expected to start in early 2015. The new plant will be based in Kitengela, where its current cement plant stands. Savannah Cement management said that the investment would to help to meet growing demand for its products in the market.
"Once the two plants are installed, Savannah Cement will take pole position as a truly integrated and eco-friendly cement manufacturer," said Savannah Cement managing director, Ronald Ndegwa. "We shall also be expanding our product range to meet our customers' demands." Ndegwa said that the installation of the second grinding plant and the clinker production plant is part of the firm's strategy to operate a fully-integrated cement manufacturing business.
Hungary: Lafarge Cement Magyarország has opened a storage facility for waste that will be used to help fuel its plant in Királyegyháza, southwestern Hungary. The project, involving an investment of EUro2.2m, will be used to store plastic, rubber and industrial and farm by-products.
US/UK: HeidelbergCement has announced that it has entered into a definitive agreement with an American affiliate of Lone Star Funds to sell its North American and UK building products business for an aggregate purchase price of US$1.4bn. HeidelbergCement said that up to US$100m will be payable in 2016, depending on the performance of the business in 2015. The deal excludes HeidelbergCement's Western Canada business. HeidelbergCement expects the transaction to close in the first quarter of 2015.
The sale of Hanson Building Products is consistent with HeidelbergCement's strategy of focusing on processing and refining raw materials for its core products of cement and aggregates and further downstream activities, according to a HeidelbergCement spokesperson. HeidelbergCement will retain its Hanson units in the cement, crushed stone, sand and asphalt businesses in the UK.
FLSmidth wins Cemex contract to supply 2800t/day cement line 23 December 2014
Colombia: FLSmidth, a provider of equipment and services to the cement and minerals industries, has received a contract from Cemex for the supply of a 2800t/day cement production line to be installed at its new Cementera del Magdalena Medio S.A.S. cement plant. The order will be booked by the Cement Division and contribute beneficially to FLSmidth's earnings until late 2017.
The plant is located in the department of Antioquia, approximately 135km from the capital of Antioquia, Medellin. The company noted that the line would use the latest production technologies and achieve high environmental and quality standards. The department of Antioquia is a region in Colombia that is expected to see an increase in cement demand resulting from continued economic growth as well as planned investments in infrastructure.
In addition to engineering services, project management and commissioning, all major processing machines are included. The pyro-processing line consists of an FRM mill for raw grinding, an ATOX coal mill, five-stage ILC preheater with a Low-NOx calciner, an FLSmidth cross-bar cooler and a two-pier kiln. Pfister weighing and dosing systems, MAAG gear reducers, gas analysers and all Airtech process filters are also included.
"Colombia has experienced strong economic growth and is expected to see an increase in cement demand," said president of the Cement Division, Per Mejnert Kristensen. "FLSmidth has a strong local presence in the country, including a regional office and a local service unit, so we are ready to serve the market."
Swiss CemIn West buys 96.6% of Ivano-Frankivskcement 23 December 2014
Ukraine: Switzerland-based CemIn West SA has bought a 96.6% stake in Ukrainian building materials producer Ivano-Frankivskcement. The majority holding was bought from Cyprus-based companies Permixo Ltd, Basmaren Enterprises Ltd and Prenters Engineering Ltd, which sold their respective stakes of 36.98%, 20.76% and 13.3% in the Yamnitsa-based entity. Ivano-Frankivskcement manufactures cement, slate, asbestos cement pipes and concrete products. The plant made a net profit of Euro6.7m in 2013.