23 December 2014
FLSmidth wins Cemex contract to supply 2800t/day cement line 23 December 2014
Colombia: FLSmidth, a provider of equipment and services to the cement and minerals industries, has received a contract from Cemex for the supply of a 2800t/day cement production line to be installed at its new Cementera del Magdalena Medio S.A.S. cement plant. The order will be booked by the Cement Division and contribute beneficially to FLSmidth's earnings until late 2017.
The plant is located in the department of Antioquia, approximately 135km from the capital of Antioquia, Medellin. The company noted that the line would use the latest production technologies and achieve high environmental and quality standards. The department of Antioquia is a region in Colombia that is expected to see an increase in cement demand resulting from continued economic growth as well as planned investments in infrastructure.
In addition to engineering services, project management and commissioning, all major processing machines are included. The pyro-processing line consists of an FRM mill for raw grinding, an ATOX coal mill, five-stage ILC preheater with a Low-NOx calciner, an FLSmidth cross-bar cooler and a two-pier kiln. Pfister weighing and dosing systems, MAAG gear reducers, gas analysers and all Airtech process filters are also included.
"Colombia has experienced strong economic growth and is expected to see an increase in cement demand," said president of the Cement Division, Per Mejnert Kristensen. "FLSmidth has a strong local presence in the country, including a regional office and a local service unit, so we are ready to serve the market."
Swiss CemIn West buys 96.6% of Ivano-Frankivskcement 23 December 2014
Ukraine: Switzerland-based CemIn West SA has bought a 96.6% stake in Ukrainian building materials producer Ivano-Frankivskcement. The majority holding was bought from Cyprus-based companies Permixo Ltd, Basmaren Enterprises Ltd and Prenters Engineering Ltd, which sold their respective stakes of 36.98%, 20.76% and 13.3% in the Yamnitsa-based entity. Ivano-Frankivskcement manufactures cement, slate, asbestos cement pipes and concrete products. The plant made a net profit of Euro6.7m in 2013.