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Fire breaks out at Cemex Rugby plant 06 November 2019
UK: A fire broke out at Cemex’s 1.8Mt/yr integrated Rugby plant at 02:00 on 6 November 2019. BBC News has reported that operations were unaffected and none of the plant’s 180 employees injured by the fire, which was caused by a mechanical malfunction in a machine belt conveying raw materials. The fire spread over three floors of the plant’s preheater tower.
Siam Cement Group plans multi-industry innovation hub with Chinese Academy of Sciences 06 November 2019
Thailand: Siam Cement Group (SCG) has announced its involvement in the establishment of an innovation hub at the National Science and Development Agency in Pathum Thai. The Bangkok Post has reported that the development will cost US$14.3m. SCG’s partner for the project is the Chinese Academy of Sciences, a 100-site, 70,000-member body established under the Chinese Government’s Belt and Road foreign investment Initiative. When operational, it will market new products, initially consisting of petrochemicals, energy storage and batteries and smart cities.
High-value-added products and services made up 39% of SCG’s total sales in 2018 of US$15.7bn (US$6.11). It spent US$0.15bn on research and innovation over the period, around 1.0% of total revenue.
Abia Cement company signs memorandum of understanding with investors for 2.0Mt/yr integrated plant 05 November 2019
Nigeria: Abia Cement, Russian-based Drobmash and Energomotor and Czech-based PSP Engineering signed a memorandum of understanding for construction of a 2.0Mt/yr integrated cement plant in Abia province at the first Russia-Africa Summit on 2 November 2019. The latter companies will supply equipment to the development, while Abia cement will receive an export loan from Russia’s Roseximbank.
India: Tamil Nadu Cement has constructed a second 1.0Mt/yr production line at its 0.7Mt/yr Ariyalur cement plant, bringing its total capacity to 1.7Mt/yr. Projects Today has reported that Tamil Nadu Cement, which also operates a 0.4Mt/yr integrated cement plant in Alangulam, will employ 250 at the second line, the development of which will cost US$115m. In the 12 months to 31 March 2019, Tamil Nadu Cement sold 74% of cement produced at its plants (0.4Mt) to the Rural Development Agency and other government departments at lower than market rate.
Jordan: 21.8% state-owned Jordan Cement, 50.3% subsidiary of LafargeHolcim, has laid off 200 of its 550 employees after incurring losses of US$87m in the nine months to 30 September 2019. Reuters has reported that the company, whose 2018 losses were US$48.9m, up by 4.0% year-on-year from US$47.0m in 2017, made the sackings ‘to ensure its continuity,’ according to Jordan Cement CEO Samaan Samaan. The company has operated a single line at its 2.0Mt/yr integrated Rashadiyah cement plant since the closure of its 2.0Mt/yr Fuhais plant in 2013. The country’s 9Mt/yr-capacity cement sector serves a domestic demand of 4Mt/yr.