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France: Hoffman Green Cement Technologies recorded a net loss of Euro 4.41m in the first half of 2020, up by 320% year on-year from a loss of Euro1.04m in the first half of 2019. Its revenues nearly tripled to Euro96,000 from Euro33,000.
Co-founders Julien Blanchard and David Hoffman said, “The first half of 2020 was very active, notably on the industrial and commercial fronts. We continued our actions in all of our strategic areas under sometimes delicate conditions as a result of the Covid-19 pandemic. The rollout of our industrial plan is progressing in line with our objectives. We have used this period to integrate additional resources that will enable us to accelerate our development in the coming months and years.” They added, “Thanks to the recent resumption of building sites activity and more generally of the construction sector, we have been able to reactivate our commercial negotiations and have signed a number of new contracts since July 2020.”
Adelaide Brighton adopts Mondi water-resistant cement bags 02 October 2020
Australia: Adelaide Brighton says that it has begun bagging its cement in water-resistant bags developed in partnership with packaging supplier Mondi, which supplied its Advantage Protect White water-resistant sack kraft paper product, and local bagging solutions provider Pope Packaging.
Adelaide Brighton is promoting the high tensile strength and water repellent surface of the bags, which it says can withstand rain for up to six hours and exposure to damp for 120 hours, earning them the nickname ’rain barriers.’ The company said, “After being actively involved in testing and developing the new product, Adelaide Brighton is the first business in the country to market the new innovative product. We are in the process of converting all of our cement and hydrated lime paper bags, manufactured in South Australia and the Northern Territory, across to rain barrier bags.”
FLSmidth acquires KnowledgeScape 02 October 2020
Denmark: FLSmidth has announced the signing of a takeover agreement with mineral processing digital solutions specialist KnowledgeScape. No value for the acquisition has been disclosed.
Chief Digital Officer (CDO) Mikko Tepponen said, “The addition of KnowledgeScape’s advanced solutions to FLSmidth’s already robust digital ENABLR portfolio will deliver an expanded and exciting range of benefits to cement industry customers, from increased automation to improved reliability and enhanced productivity, increasing the total output of plants by 4% - 10%. At the same time, their solutions reduce power, water and reagent consumption, contributing significantly to the goals of FLSmidth’s MissionZero sustainability strategy.” He added, “With this acquisition, FLSmidth reinforces a strong track record of integration with a special emphasis on the retention of local talent.”
Novo Holdings halves FLSmidth stake 02 October 2020
Denmark: Novo Holdings has reduced its stake in FLSmidth to 4.8% from 10%. The equipment supplier said that the investor now holds 2.46m of its shares.
India: The city corporation of Mysore, Karnataka and non-governmental organisation (NGO) Susthira have announced plans to set up a waste building materials recycling plant. The Projects Today newspaper has reported that the corporation has purchased a 20,000m2 site in the suburb of Kuppalur on which for Susthira to build and operate the plant, which will process waste cement slabs and concrete bricks from construction and demolition sites.