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Power rationing impacts ‘limited’ so far in Sichuan Province 22 August 2022
China: Taiwan Cement Corporation and Asia Cement Corporation, both based in Taiwan, have said that extended power rationing in China’s Sichuan Province has had only limited impacts of their cement plants in the region. They reported that they had complied with the authorities’ requirements by scheduling maintenance work for their factories and that they would continue to closely monitor the development of the power situation in the Province.
Power rationing has been introduced in Sichuan Province due to reduced hydroelectric power capacity, which has been affected by the most severe heatwave and drought in the region for 60 years.
Adbri feels inflation bite at Kwinana project 22 August 2022
Australia: Adbri has reported that the ongoing upgrade at its Kwinana cement plant, previously estimated to cost US$137m, is now likely to cost closer to US$157m. It cited inflation and supply chain issues as the main reasons behind the 15% increase to the cost of the project, which seeks to combine its Western Australia operations at a single site, while raising its capacity by 36% to 1.5Mt/yr. The company said the upgrade was about 25% compete as at 30 June 2022, while procurement was about 75% committed. It is scheduled for commissioning in mid 2023.
Elsewhere, Adbri has also said that its definitive feasibility study for a Kalgoorlie lime kiln is on track for completion in the first half of 2023. The study includes mine planning and front-end engineering design.
India: The Adani Group is likely to launch an US$3.8bn open offer to acquire a 26% stake in each of Holcim's two Indian listed entities, Ambuja Cements and ACC, from public shareholders. The group announced that it had clinched a deal to acquire a controlling stake in the businesses for US$10.5bn in May 2022.
As per the revised schedule submitted by ICICI Securities and Deutsche Equities India, the managers of the open offer, tendering of the shares in the open will start from 26 August 2022 and end on 9 September 2022.
Argos restarts kiln to boost Colombian capacity 22 August 2022
Colombia: Cementos Argos has restarted kiln 2 at its Toluviejo Plant in Sucre after more than six months of maintenance and improvement work and after almost five years out of use. The US$7.4m project has increased the plant’s capacity by 0.2Mt/yr to 0.8Mt/yr.
The main works carried out included the rehabilitation of the preheater tower stands, the installation of a new burner that provides greater performance and re-conditioning of the kiln.
“We are very excited about the start-up of this kiln, as it is an investment that materialises our trust and the commitment that we have in Argos with the development of Colombia,” said Carlos Horacio Yusty, vice president of the Colombia Region of Argos. “In addition, it prepares us to continue serving the national and international demand for cement in a more efficient manner.”
Solar panels for Salonit Anhovo 22 August 2022
Slovenia: Salonit Anhovo has launched a new 2.22MW roof-top solar power plant, with all power generated used immediately by the plant. The installation, the largest factory rooftop solar power plant in Slovenia, is expected to generate 2120MWh of electricity per year, enough to power 500 homes. It will reduce CO2 emissions by 995t/yr.
The solar plant was launched less than 12 months after the contract was signed between Salonit Anhovo and solar plant construction firm Interenerg.