Global Cement News

US: CalPortland has appointed Hamed Maraghechi as its Director of the Central Research Laboratory. He will be based at the CalPortland Center of Technical Excellence in southern California where he will conduct new research and testing related to issues such as carbon reduction and sequestration to help the company achieve its commitment to lowering greenhouse gases. He will also oversee all advanced analytical services for customers and for internal operations, in this newly created position.

Maraghechi holds a PhD in Civil and Environmental Engineering with a materials focus from the Pennsylvania State University, a master’s degree in Civil and Environmental Engineering from the University of Hawaiʻi at Mānoa and a master’s degree in Polymer Engineering from the University of Tehran in Iran. He was most recently a senior scientist at Fortera working on the design and development of low CO₂ cement and concrete formulations. Prior to Fortera, he worked as a scientist at Boral IP Holdings and the École Polytechnique Fédérale de Lausanne (EPFL) in Switzerland.

Tajikistan: Fon-Cement has laid the first stone in the construction of its upcoming Ayni cement plant in Sughd Province. Once operational, the plant will create 120 jobs locally.

Egypt: Misr Cement Qena's board of directors has voted for the company to continue operating its Qena cement plant after the end of a management contract with Arab Swiss Engineering Company (ASEC) on 30 June 2022.

Misr Cement Qena reported an operating incomeUS$5.69m in the first quarter of 2022, up by 59% year-on-year from US$3.58m in the first quarter of 2021. Its net profit in the quarter rose by 74% to US$2.56m from US$1.47m.

Liberia: Fouta Cement has secured a US$21.2m financing package for the construction of its upcoming 350,000t/yr Monrovia grinding plant. The International Finance Corporation (IFC) has reported that the package consists of a US$5.4m loan from IFC's own account, a US$10.8m loan from the International Development Association's Private Sector Window Blended Finance Facility (IDAPSWBFF) and a US$5m from Bank of Africa United Kingdom (BAUK).

Fouta Cement's managing director Hamidou Gnan said "IFC's package of long-term investment and advisory services gives us the foundation and support we need to make the switch from reseller to manufacturer, thereby adding more value and creating more jobs in Liberia."

Pakistan: Fauji Cement has ordered three MVR vertical roller mills from Germany-based Gebr. Pfeiffer for its upcoming Salar cement plant in Dera Ghazi Khan/Punjab Province. The supplier says that the order consists of a 520t/hr MVR 5600 R-4 mill for grinding raw materials and two 180t/hr MVR 5000 C-4 mills for cement grinding. China-based Hefei Cement will handle the order.