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Michael Wilson elected as director of Vulcan Materials
Written by Global Cement staff
17 July 2019
US: Vulcan Materials has elected Michael Wilson to its board of directors. He will serve on the Audit and Safety, Health and Environmental Affairs Committees of the construction aggregates producer. Wilson is the president and chief executive officer (CEO) of Ingevity Corporation and a member of Ingevity's board of directors. Ingevity is a global supplier of specialty chemicals, carbon materials and engineered polymers. With the addition of Wilson, Vulcan's 10-member board consists of nine independent directors.
Raysut Cement reports tough first half of 2019 17 July 2019
Oman: Raysut Cement’s revenue fell by 5% year-on-year to US$108m in the first half of 2019 from US$114m in the same period in 2018. Its profit after tax dropped by 27% to US$1.3m from US$1.8m.
Egypt: Suez Cement’s consolidated profit rose by 82% year-on-year to US$12.8m in the first quarter of 2019 from US$7.04m in the same period in 2018. However, its revenue fell by 14% to US$109m from US$127m. Its standalone business reported both a loss and falling sales.
Peru: Cement production rose by 6% year-on-year to 5.02Mt in the first half of 2019 from 4.75Mt in the same period in 2018. Local despatches rose by 5% to 4.84Mt from 4.60Mt. Data from the Asociación de Productores de Cemento (ASOCEM) shows that clinker exports fell by 18% to 0.45Mt from 0.55Mt. Clinker imports remained stable. Consumption increased by 3% to 5.50Mt from 5.33Mt.
Sri Lanka: Lanwa Sanstha Cement has ordered two MVR 5000 C-4 type roller mills from Germany’s Gebr. Pfeiffer. The vertical roller mills will be used for the production of various cement types based on clinker, gypsum, granulated blast-furnace slag and fly ash. The end customer is part of Onyx Group, which mainly operates in Sri Lanka and the UAE. The contract was signed in February 2019. No value for the order has been disclosed.
Most of the components of the grinding plants will be supplied by Gebr. Pfeiffer (India). The core components of the mills - including the grinding rollers, the tension systems and the gear units - will come from Europe. Gebr. Pfeiffer (India) will also provide the entire engineering for the grinding plants and make available staff to support and supervise the erection and commissioning and assist with the performance test. The two grinding plants will each produce about 180t/hr of Ordinary Portland Cement (OPC) ground to a fineness of 4000cm²/g acc. to Blaine and they will be set up at staggered intervals. Delivery of the first plant is slated for the end of 2019 and scheduled to be commissioned in the second quarter of 2020.