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Refractory solutions company Calderys acquires Termorak 17 February 2014
Finland: Refractory solutions firm Calderys, subsidiary of Imerys, has announced that it has acquired Termorak Group in Finland, a company that specialises in refractory services that include lining design, refractory material sourcing, installation work and inspections for a range of industries, including cement.
Through the acquisition Calderys will expand its position in the petrochemical and pulp and paper industries, as well as in the power business in Finland, Russia, the Baltic countries and in south eastern Asia.
Markus Larkimo, managing director of Calderys Finland OY stated that, "Calderys has been present in the Finnish market for over 80 years of service to the iron and steel, ferrous foundry and boiler industries. Termorak's world-class people, expertise and services fit perfectly in our portfolio and will enable us to offer a wider range of refractory solutions to all our customers."
Baha Cement Company to be established in Riyadh 17 February 2014
Saudi Arabia: The minister of Commerce and Industry, Tawfiq bin Fawzan Al-Rabiah, has approved the establishment of Riyadh-based Baha Cement Company as a closed joint stock company with capital of US$107m. The capital is split into shares and the company shares have been subscribed 50% by partners and the other 50% will be offered for public subscription.
The minister's approval comes within the framework of the state's policy to enhance economic activities in various sectors.
Egypt’s first waste treatment plant is inaugurated 17 February 2014
Egypt: Suez Cement and Italcementi inaugurated the first waste treatment plant in Egypt on 16 February 2014 with a Euro5m investment.
The project is part of the Suez Cement strategy to increase the amount of energy that it gets from fuel derived from waste. The project uses 45,000t of household waste to produce 35,000t of alternative fuel annually. "The project will use the latest equipment and technologies available in this area," said Egypt's minister of Environment, Laila Eskander.
Egypt's Ministry of Environmental Affairs opposes the import of coal due to its negative effects on the environment and public health. Coal is not among the alternatives for solving the energy crisis in Egypt, according to Eskander. "Suez Cement has been suffering from an energy crisis, yet it decided to respect the Egyptian laws and to contribute to solving the problem of waste as well," said Eskander.
FLSmidth wins large cement order in Indonesia 17 February 2014
Indonesia: FLSmidth has received a Euro42m order from Indonesian cement producer PT Semen Gresik for a greenfield cement plant with a capacity of 8000t/day. The new plant will be located just outside of the city of Rembang in the north east of Java, Indonesia.
The order comprises equipment for the main part of the production line, including a raw mill, coal mill, preheater, kiln, burner, clinker cooler and silo equipment as well as a complete control system for the entire plant. The order will be booked by the Cement Division and will contribute beneficially to FLSmidth's earnings until the end of 2015.
The new cement plant will be PT Semen Gresik's fifth production line. FLSmidth has supplied the company's four other production lines that are located in Tuban, Java. PT Semen Gresik is part of the PT Semen Indonesia Group, which currently has a total capacity of 30Mt/yr of cement from all of its plants.
"This is the second order to FLSmidth from the PT Semen Indonesia Group within two months and we are happy to continue our long successful partnership with the group," said president of the Cement Division, Per Mejnert Kristensen.
EAPCC chairman appointment halted 14 February 2014
Kenya: The Kenyan government has halted the appointment of Bill Lay to the chairmanship of the East Africa Portland Cement Company (EAPCC) just hours after his appointment.
The current chairman, Mark Karbolo, went to court to block Lay's appointment, claiming that he still has seven months in office. He added that he would be content to leave after finishing his term but not to be bundled out as if he had run down the company. "I still have seven months to go. I will be glad to call it a day when I have served my term," said Karbolo. "I am and remain to be the bona fide chairman of the EAPCC, with the support of the shareholders, majority of directors and the personal," he added.
Lay had earlier thanked president Uhuru Kenyatta for giving him the opportunity to serve the country in the capacity of chairman of EAPCC. However, EAPCC's board rejected Lay's appointment as director when the government tried to introduce him late in 2013 as a director to the company.