01 February 2019
CNBM and Fives sign collaboration agreement 01 February 2019
China/France: China’s CNBM and France’s Fives have signed a cooperation frame agreement for future collaboration. The cement plant equipment manufacturers will explore projects together, in plant upgrade, plant expansion and new plants to implement Fives technologies, such as the FCB Horomill grinding system, the FCB Pyro-line and Pillard burners on an international basis. The signing ceremony of the agreement took place in late January 2019 bringing together Song Zhi Ping, the chairman of CNBM and Frédéric Sanchez, the president of Fives.
LafargeHolcim closes divestment of Holcim Indonesia 01 February 2019
Indonesia: LafargeHolcim has closed the divestment of its Holcim Indonesia. It has sold its 80.6% share of the subsidiary to Semen Indonesia for US$1.75bn. The deal was first announced in November 2018. The company said that the proceeds from the sale would ‘significantly’ improve its net debt to recurring earnings before interest, taxation, depreciation and amortisation (EBITDA) ratio by 0.2 with the target of two times or less to be achieved by the end of 2019. LafargeHolcim has been targeting divestments as part of its Strategy 2022 initiative.
ACICO Cement orders mill from Cemengal 01 February 2019
Kuwait: ACICO Cement has ordered a second cement grinding mill from Spain’s Cemengal. The main equipment to be included in the contract includes a 5200 Kws ball mill with all the peripheral equipment from Cemengal and a fourth generation classifier from Magotteaux XP4i-130 for high strength cements. The projected grinding capacity will be 1Mt/yr of cement and the plant will be commissioned within the first half of 2020.
The project scope will include full engineering and complete supply of mechanical, process, electrical and automation equipment as well as the steel manufacturing from the raw materials handling areas up to the cement silos discharge. Site supervision, training and& commissioning will also be provided by Cemengal.
New cement plant planned for Ivory Coast 01 February 2019
Ivory Coast: A new cement plant is being planned for construction near Gagnoa. Mayor Issouf Diabaté made the announcement to the city council, according to the Agence Ivoirienne de Presse. Sales tests on cement from the company building the plant are being conducted in the local market. The preferred location for the plant is in Galbré sub-prefecture between Soubré and Gagnoa.
Lucky Cement’s earnings under pressure in first half 01 February 2019
Pakistan: Lucky Cement’s earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 16.5% year-on-year to US$51.3m in the six months to 31 December 2018 from US$63.7m in the same period in 2017. The cement producer said that its cost of sales rose by 14.2% due to mounting packaging, coal and other fuel prices. Its revenue grew by 6.2% to US$250m from US$235m. It attributed this to higher export volumes of cement and clinker. Its local sales of cement and clinker fell by 8.4% to 2.99Mt from 3.27Mt. Exports more than doubled to 1.02Mt from 0.5Mt. Accordingly, overall sales volumes increased by 6.8% to 4.01Mt from 3.76Mt.
The company reported that levelling work at its Samawah 1.2Mt/yr integrated cement plant project in Iraq started in January 2019. Civil work is scheduled to start in March 2019 and commercial production at the unit planned to start in mid-2020.
Pakistan: Power Cement has provided an update on construction work towards building a third line at its Nooriabad plant. 97% of the equipment ordered from Denmark’s FLSmdith has been received. 22% of errection work has been completed. The design phase of a new 40MW grid station and its fixing has been completed and civil work has commenced. Overall civil work is reported 91% complete.
The cement producer ordered the new 7700t/day line from FLSmidth in 2017. China’s TEPC has been handling the construction and errection contract. China’s CECC Tianjin (Pakistan) Electric Power Construction has been in charge of civil construction.
Insee Cement distributes cement to flooded areas in Sri Lanka 01 February 2019
Sri Lanka: Insee Cement is working with the local government to supported rebuilding and renovation efforts in flooded parts of Northern Province. The cement producer has distributed 10 bags of its Insee Sanstha product to over 250 displaced families, according to the Daily News newspaper. It said it would continue to monitor the situation and offer more support.
Vassiliko Cement wins environmental awards 01 February 2019
Cyprus: Vassiliko Cement has won the Gold Environmental Protection Award in 2018 at the Pancyprian Environmental Awards for Organisations and Businesses. The prize was given for the cement producer’s implementation of its Corporate Social Responsibility Policy. Company staff worked with local communities, non-government organisations (NGO) and others. The competition was organised by the Cyprus Center for Environmental Research and Education, in cooperation with the government and other groups.
Cemex concrete plant in Panama receives certification from Concrete Sustainability Council 01 February 2019
Panama: Cemex’s Panama Norte concrete plant has been awarded Responsible Sourcing Certification from the Concrete Sustainability Council (CSC). The building materials company says it is the first facility in the ready-mix concrete sector in Latin America to receive this designation. The plant met the CSC requirements via an audit by SGS, an independent certification body.
“We are proud of our Panama Norte plant for becoming the first concrete facility in Latin America to attain CSC certification, and we are committed to foster our leadership in the industry by delivering a superior customer experience and integrating sustainability into all aspects of our business,” said Andres Jimenez, President of Cemex Panama.
Launched in 2017 by 11 founding members - including the World Business Council for Sustainable Development, the Portland Cement Association and Cemex - the CSC aims to improve the transparency of the concrete sector and highlight the essential role of concrete in creating a sustainable construction sector by getting recognition in green procurement government policies and building rating systems. The CSC acts as a certification system, grading building materials facilities on environmental, social and governance practices throughout supply chains.