14 August 2014
Wonder Cement orders further MPS mills from Gebr. Pfeiffer 14 August 2014
India: Wonder Cement, based in Rajasthan, India has placed another order with Germany's Gebr. Pfeiffer SE for the supply of raw meal and coal mills to India. The order was awarded to Gebr. Pfeiffer following positive experiences with identical mills that already operate at Wonder Cement's plant.
Active in the lime and cement industries Wonder Cement is planning to extend its cement plant in Tehsil Nimbahera in the Chittorgarh District. A rotary kiln with a capacity of an approximate 8500t/day will be supplied by the raw mill and coal mill ordered from Gebr. Pfeiffer.
The MPS 5600 B to be installed for the production of 605t/hr of raw meal with a fineness of 1.5% residue on the 212µm sieve will be equipped with a 5600kW drive. The coal mill will be produced on an MPS 3070 BK with a capacity of 40t/hr with a product fineness of 2% residue on the 90µm sieve. Due to the high abrasiveness of Indian coal, the mill will be equipped with adapted wear protection
Mongolia: Senj Sant is in the midst of constructing a new dry-process cement plant, which will be the first of its kind in Mongolia. The plant is being built to meet rising demand generated by a rapidly-growing economy. The new Senj Sant plant is strategically located in southern Mongolia about 450km from the capital city, Ulaanbaatar.
A deal with the European Bank for Reconstruction and Development (EBRD) to lend Senj Sant US$65m, following an earlier US$20m equity investment for a stake in Senj Sant that was agreed in May 2013, was signed recently by the EBRD's first vice president Phil Benett.
"This project represents yet another step towards the diversification of Mongolia's economy," said Bennett. Senj Sant, which is owned by Mongolia's Monpolymet Group, is using EBRD finance to continue funding the construction, commissioning and operation of the plant, which is expected to have a total capacity of about 3000t/day of cement with the start of production in 2015.
"The EBRD's long term finance, including equity, is not only helping us to build the first greenfield cement plant in Mongolia using the environmentally-friendly dry-process, but also supporting the company in raising business standards to international levels," said the CEO of Monpolymet Group, Munkhnasan Narmandakh. Mongolia's high levels of mining and infrastructure investment make investment in cement capacity key for future development.
Venezuela: On 21 July 2014 the president of Venezuelan cement producer La Corporación Socialista del Cemento, ángel Jesús Moreno Gudño, signed an agreement with the president of China's CATIC, Zou Kangning, for a new cement plant. The 1.2Mt/yr capacity plant will be located in Los Arangues, Lara State, Venezuela.
Turkey: Ireland's CRH and its Turkish partner Eren Holding AS have hired JP Morgan Chase & Co (JPM) to help sell their cement joint venture in Turkey. CRH and Eren Holding each own a 50% stake.
Companies including Haci Omer Sabançi Holding AS (SAHOL), Limak Holding AS and Oyak Cement Group are interested in the plant. The three potential bidders are among those shortlisted and the sale process for the venture, which is known as Denizli Çimento Sanayii TAS, could be finalised by October 2014.
Denizli produces about 3% of Turkey's and 31% of western Turkey's total clinker output, according to its website. It is aiming to increase its sales to Euro86.8m in 2014 from Euro76.1m 2013.