Global Cement News

UK: Holcim subsidiary Aggregate Industries has invested in a new monitoring system from Envirosuite for its Cauldon cement plant in Staffordshire. Called EVS Omnis, the cloud-based environmental management software will collate complex environmental information from surrounding sites outside the plant to facilitate proactive monitoring and management of its impacts. The producer expects to commission the system later in 2022.

Sustainability director Kirstin McCarthy said “Understanding the environment we operate in and the impact we’re having is integral to our business strategy and our commitment to building progress towards a more sustainable construction industry. We know that noise and dust can have an impact on surrounding communities, which is why we’re extremely proud to become the first cement plant in the world to commit to using a complete monitoring solution. EVS Omnis will allow us to continuously monitor at key community locations, 365 days a year. This will help us to not only better understand our operations within the local community but also give us insights into our processes to proactively manage them.”

Colombia: Grupo Gilinski has abandoned its plan to buy a 26% stake in Grupo Argos. Grupo Argos shareholders reportedly offered the prospective buyer an 11% stake in the group on 6 July 2022. This fell below the minimum stake for the tender offer.

Australia: Boral Finance has announced the early results of a tender offer to purchase cash up to US$300m. The principal amount tendered is US$405m. The tender offer will expire on 20 July 2022.

India: Punjab National Bank (PNB) has invited asset reconstruction companies' bids for US$6.31m-worth of outstanding loans owed by Burnpur Cement. Press Trust of India News has reported that account has a reserve price of US$2.52m.

India: Dalmia Bharat Refractories and Japan-based Shinagawa Refractories have launched a refractories partnership to serve India and other markets.

Dalmia Bharat Refractories managing director Sameer Nagpal said "We have been strategically expanding our partnerships to bring best-in-the world products and solutions to our customers, and this relationship very well complements our objective. Dalmia Bharat Refractories is well positioned to meet the growing demand for refractories over the next few years, with five manufacturing units in India and two overseas, and a manufacturing capacity of 345,000t/yr."