Global Cement News
Search Cement News
Hoffmann Green Cement Technologies to supply concrete for glass wool recycling plant 03 October 2022
France: Hoffmann Green Cement Technologies is supplying its low-CO2 clinker-free cement for the construction of an industrial prototype glass wool recycling plant in Chemillé-en-Anjou by Saint-Gobain subsidiary Isover. The company will supply its H-UKR cement for use in the facility’s foundations.
Hoffmann Green Cement Technologies co-founders Julien Blanchard and David Hoffmann said "This unprecedented project is totally in line with what we want to embody since the creation of Hoffmann Green: the promotion of the circular economy in the construction sector through the revalorisation of waste from industry."
Jaiprakash Associates seeking to sell all assets 30 September 2022
India: Jaypee Group subsidiary Jaiprakash Associates is reportedly seeking to sell its remaining assets after receiving a new insolvency bid from State Bank of India. The Times of India newspaper has reported that the company has previously sold US$4.92bn-worth of assets to pay off debts.
Jaiprakash Associates chair and chief executive officer Manoj Gaur said "We have kept faith in the law of the land and helped maximise recoveries of the bank. The setback is due to circumstances and issues such as the UltraTech deal. Our intent is to clear all the dues.”
The producer failed to sell a cement plant to UltraTech Cement under a US$2.05bn, 21.2Mt/yr cement capacity deal in 2017.
CSN Cimentos announces US$125m public offering 30 September 2022
Brazil: CSN Cimentos has announced its second issuance of non-convertible debentures totalling US$125m in value through a restricted efforts public offering. LC news has reported that the company’s subsidiary Elizabeth Cimentos guaranteed the transaction.
Fives to supply Pillard NOVAFLAM burner to cement plant in France 30 September 2022
France: Fives has secured a contract to supply a 65MW Pillard NOVAFLAM Evolution burner to a cement producer. The customer’s aims are to continue to maximise alternative fuel (AF) use, to improve clinker quality and to reduce NOx emissions at its cement plant. The order also includes precalciner burners and a natural gas-powered 35MW Pillard hot gas generator, as well as valve trains and pumping systems.
Ambuja Cements creates non-disposable undertaking on part of ACC stake 30 September 2022
India: Ambuja Cements says that it has created a non-disposable undertaking (NDU) on more than half of its 50% stake in fellow Adani Group subsidiary ACC. The Telegraph newspaper has reported that the producer intends to use the NDU as collateral for its loans.