03 August 2016
Fecto Cement issued US$4m fine for ‘illegal’ mining 03 August 2016
Pakistan: The Capital Development Authority (CDA) has cancelled the mining lease for Fescto Cement and issued a fine against it of US$4m for illegally operating in the Margalla Hills National Park near Islamabad. The CDA has also requested that the local explosives inspector ask the cement producer to remove explosives dumped in the park area and it has asked police to take action.
A report by the CDA says that the cement producer’s 30 year lease was extended for another 18 years by the director of the Industries and Mineral Development department of the Islamabad Capital Territory in June 2012. However, a forestry director raised objections to the extension.
Tanga Cement to inaugurate second production line 03 August 2016
Tanzania: Tanga Cement plans to inaugurate its second clinker production line in mid-August 2016. The 775,000t/yr line will increase production capacity at the cement plant to 1.25Mt/yr. The company has spent US$125m on the upgrade. Minister for Industry, Trade and Investment Charles Mwijage is expected to attend the ceremony according to the Tanzania Daily News newspaper.
Peru: Cementos Yura’s income has risen by 10% year-on-year to US$141m in the first half of 2016 from US$127m in the same period of 2015. Its net income rose by 21% to US$29m from US$24m.
The Peruvian cement producer’s sales volumes grew by 11% to 608,923t of cement in the second quarter of 2016 mainly due to a rise in local demand. Clinker sales volumes remained stable. Yura increased its market share to 22.4% in the quarter from 20.4% in the same period in 2015. Peru's total domestic cement sales remained table at 2.33Mt.
Italcementi’s revenue falls slightly before takeover 03 August 2016
Italy: Italcementi’s sales revenue has fallen by 2.1% year-on-year to Euro2.12bn in the first half of 2016 from Euro2.17bn in the same period in 2015. Its sales volumes of cement rose by 2.8% to 22.3Mt from 21.7Mt. Earnings before interest, tax, depreciation and amortisation (EBITDA) fell by 44% to Euro177m from Euro316m. The cement producer blamed the revenue drop on negative currency effects, although sales volumes rose notably in North America. Its fall in EBITDA was attributed to group restructuring costs and an impairment on operations in Belgium for approximately Euro320m.
HeidelbergCement’s acquisition of Italcementi is expected to complete in the second half of 2016.
Hazemag wins order for El Arish cement plant 03 August 2016
Egypt: The government of Egypt has ordered crushers and apron feeders from Hazemag for its El Arish cement plant. The agreement includes six HAF 22116 apron feeders with spillage conveyor and six HPI 2025 primary impact crushers for each 1200t/hour of limestone with a feed size of up to 1500mm. This plant crushes the limestone to D95 < 75mm.
In addition Hazemag will supply six HAF 1480 apron feeders with spillage conveyor and six HRC 0816 double roll crushers each for crushing 400t/hour of clay with a feed size of up to 500mm to D95 < 75mm, as well as three HGI 1420 gypsum impact crusher for crushing 350t/hour of gypsum with a feed size of up to 800 mm to D90 < 40mm.
The cement plant has six new 6000t/day cement lines supplied by Chengdu Design & Research Institute of Building Materials Industry. The plant is expected to be completed in mid-2017.