17 September 2015
Cable maker CMI acquires FLSmidth’s Haryana plant 17 September 2015
India/Denmark: Specialty cable manufacturer CMI Ltd has acquired one of Denmark-based FLSmidth's manufacturing plants in Bawal, Haryana to cater to the growing demand of its products.
CMI plans to invest US$3.02m on the acquisition, which is expected to significantly augment the company's production capacity. The company intends to start production in the new facility within the current financial year. The facility possesses all the necessary clearances and equipment required for industrial production. CMI's net profit rose by 168% to US$429,133 in the quarter that ended on 30 June 2015 and its revenues were US$20.7m.
CMI, which was formerly known as Choudhari Metal Industries, was incorporated in 1967. The company was initially engaged in copper metal trade and copper melting and rod casting and later diversified to the cables business. It currently makes different types of cables to meet the demand of core infrastructure sectors in India like telecommunication, railways, shipbuilding and petrochemicals.
Vortex announces Mespo as new representative in Denmark 17 September 2015
Denmark/UK: Vortex has appointed Mespo ApS as its exclusive agent in Denmark. Mespo sells high quality components, machines and customised solutions for powder handling manufacturers like cement producers.
"We are very pleased to add Mespo to our line of representatives," said Laurence Millington, Vortex's director of international business. "Mespo has a great cooperation with many manufactures of powder processing equipment around Europe. With its convenient location in Ringsted on Zealand, Mespo can respond to our Danish customer needs in a short amount of time."
Ecuador: Gebr. Pfeiffer Inc, a subsidiary of Germany's Gebr. Pfeiffer SE, was recently contracted to supply a complete grinding unit to replace aging ball mills at the Hormicreto clinker plant in Ecuador.
The new grinding unit helps reduce energy consumption and improves the overall grinding efficiency, allowing the plant to increase production from a single mill. Gebr. Pfeiffer supplied the following components of the new grinding station:
• MPS 2500 BC swing mill with 'Lift and Swing' technology;
• SLS 2250 BC classifier;
• Bucket elevator;
• Reject conveyor belt;
• Chutes and divert chutes;
• Reject silo;
• Weigh feeder;
• Dedusting unit;
• Metal detector;
• Separator;
• Rotary locks;
• Bag filter;
• Mill fan;
• Ducting, expansion joints and dampers;
• HML 1250 Pfeiffer hot gas generator;
• MCC, control and instrumentation;
• Related engineering services.
Delivery of the grinding unit is expected to be complete by December 2015.