28 November 2014
China Gezhouba and Zhongxia Cement set up US$190m joint venture 28 November 2014
China: Gezhouba Group Cement, a subsidiary of China Gezhouba Group, has signed an agreement with Hubei Zhongxia Cement to set up a joint venture to restructure the assets and businesses of Zhongxia Cement.
The joint venture, with a registered capital of US$190m, will be engaged in production and sales of cement, clinker and fine slag powder and opencast mining of limestone for cement uses. Gezhouba Cement will hold 51% of the venture and Zhongxia Cement will hold the remaining 49%. The venture will acquire the entire current assets of inventories for cement production and operation of Zhongxia Cement after establishment.
Security issues hit Eastern Cement production in Yemen 28 November 2014
Yemen: Eastern Cement had its fuel and raw materials supply for clinker production interrupted due to escalating security and political turmoil. The supply problems have been solved and clinker production processes have returned to normal, the Saudi Arabian cement producer confirmed.
The sale of cement by Arabian Yemen Cement Company, in which Eastern Cement controls a stake of 32%, has continued without disruption as the company has sufficient reserves of clinker. Arabian Yemen Cement Company, based in Hadhramaut province, was founded in 2004. The company's cement factory with production capacity of 1.5Mt/yr is the largest Saudi investment in Yemen.
Titan Cement orders Gebr. Pfeiffer coal mill for Beni Suef plant 28 November 2014
Egypt: Titan Cement has ordered a vertical roller mill of the type MPS 2800 BK from Gebr. Pfeiffer SE, to be set up in production line no. 1 at its Beni Suef plant. The mill is designed for a finished product rate of 40t/hr and will grind coal with a Hardgrove grindability index of 45 to a product fineness of 12% residue 90µm, while simultaneously drying it from a maximum 12% feed moisture to a maximum 1% residual moisture by using hot gases from the cement process.