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06 March 2019

Sephaku Cement suffers from competition and imports in 2018

South Africa: Sephaku Cement’s revenue fell by 3.1% year-on-year to US$161m in 2018 from US$167m in 2017. Its net profit dropped by 19% to US$3.3m from US$4.07m. The subsidiary of Nigeria’s Dangote Cement said that the general poor economy in the country led to an estimate 5 – 10% decline in industry sales volumes. It blamed ‘intense’ competition between clinker grinding plants, producers and importers. Its sales volumes of cement fell by 6.4%.

Published in Global Cement News
Tagged under
  • South Africa
  • Sephaku Cement
  • Results
  • Dangote Cement
  • GCW394
06 March 2019

Suez Cement turns to profit in 2018

Egypt: Suez Cement’s sales rose by 15% year-on-year for Euro375m in 2018 from US$326m in 2017. It reported a profit of Euro6.14m in 2018 compared to a loss of Euro57.2m in 2017, according to Mubasher.

Published in Global Cement News
Tagged under
  • Egypt
  • Suez Cement
  • Results
  • HeidelbergCement
  • GCW394
05 March 2019

Eagle Cement rebuts rumours of bid for Holcim Philippines

Philippines: Eagle Cement says that it is not involved in any discussion for the acquisition of Holcim Philippines. However, it did say that its chairman Ramon S Ang had expressed interest in a potential purchase of the subsidiary of LafargeHolcim. Eagle Cement made the announcement following local media reports that Ang had formally submitted a bid to buy Holcim Philippines. In January 2019 LafargeHolcim was said to be to be considering selling its business in the country.

Published in Global Cement News
Tagged under
  • Philippines
  • Eagle Cement
  • Bid
  • Holcim Philippines
  • LafargeHolcim
  • GCW394
05 March 2019

ARM Cement extends offer deadline to mid-March

Kenya: ARM Cement has extended its bidding period to mid-march 2019 following requests by potential buyers. Administrator PricewaterhouseCoopers (PwC), which took over the cement producer in August 2018, originally set the deadline to the end of February 2019, according to the Business Daily newspaper. Bidders have asked for a longer period to complete due diligence tests and decide what they think the value of the company is.

14 companies have already made non-binding bids for the cement producer. These will later be shortlisted before a winning bidder is selected. No bidders have publicly been announced but Nigeria’s Dangote Cement and Oman’s Raysut Cement are believed to be interested, according to local media.

Published in Global Cement News
Tagged under
  • Kenya
  • ARM Cement
  • administration
  • PricewaterhouseCoopers
  • Sale
  • Bid
  • Dangote Cement
  • Raysut Cement
  • GCW394
05 March 2019

Electricity supply disrupted ahead of commissioning of Nomayos grinding plant in Cameroon

Cameroon: The electricity supply in parts of central and southern Cameroon has been disrupted whilst a substation at Nomayos near Yaoundé is connected to the main network. The disruption is necessary ahead of the commissioning of Cimencam’s Nomayos cement grinding plant, which is scheduled for the first quarter of 2019, according to Business in Cameroon. The new plant will have a production capacity of 0.5Mt/yr. It has an investment of around US$40m.

Published in Global Cement News
Tagged under
  • Cameroon
  • Electricity
  • grinding plant
  • CIMENCAM
  • LafargeHolcim
  • GCW394
05 March 2019

Cementa to stop production at Degerhamn cement plant at end of April 2019

Sweden: Cementa says that it plans to stop production of cement and clinker at its Degerhamn cement plant at the end of April 2019. The subsidiary of Germany’s HeidelbergCement said that it made the decision due to low profitability at the site and tightening environmental regulations.

The unit will continue to be used as a terminal and port operations will carry on at the site. Microcement will also continue to be made at the plant. The site’s quarry permit will be withdrawn but Cementa will continue to own the land and it will be gradually be restored. Six staff members will work at the site and a new site manager, Tommy Pettersson, has been appointed.

Published in Global Cement News
Tagged under
  • Sweden
  • Cementa
  • Plant
  • HeidelbergCement
  • Shutdown
  • Terminal
  • Port
  • GCW394
05 March 2019

Cemex USA shows off new train at Victorville cement plant

US: Cemex USA has unveiled a new train at its Victorville cement plant in California. The train was built by Knoxville Locomotive Works it comes with an MTU-4000 Series engine. It will be used to transport clinker at the plant. The engine has been selected to meet US Environmental Protection Agency (EPA) and California Air Resources Board Tier 4 Emissions requirements. A portion of the cost of the new train was covered by a federal grant secured with the assistance of the Mojave Desert Air Quality Management District.

Published in Global Cement News
Tagged under
  • US
  • Cemex USA
  • Cemex
  • railway
  • Upgrade
  • Plant
  • California
  • Knoxville Locomotive Works
  • GCW394
05 March 2019

Lehigh Cement’s Mitchell plant wins health and safety award

US: Lehigh Cement’s Mitchell plant in Indiana has won a 2019 Governor’s Workplace Safety Award for innovations as a medium-sized company. The awards are issued by the Indiana Department of Labor.

The subsidiary of Germany’s HeidelbergCement recorded no lost-time accidents in 2018 and the plant has not had a lost-time accident since September 2015, according to the Herald Times newspaper. The company uses a Safety Action Plan with specific targets that focus on areas of significant risk, including critical risk management and zero fatalities. It also runs weekly safety conversations between employees to raise health and safety issues with management.

Published in Global Cement News
Tagged under
  • US
  • Lehigh
  • HeidelbergCement
  • health & safety
  • Award
  • Plant
  • Indiana
  • GCW394
04 March 2019

Anhui Conch orders selective catalytic reduction units for Jining Conch

China: Anhui Conch’s Jining Conch subsidiary has signed a contract worth US$23m with Conch Design Institute for selective catalytic reduction (SCR) units. Conch Design Institute will supply SCR denitration technology to Jining Conch including engineering design, equipment supply, construction and installation, engineering supervision and project management. The project is expected to be completed by the end of June 2019.

Published in Global Cement News
Tagged under
  • China
  • Anhui Conch
  • Jining Conch
  • Selective Catalytic Reduction
  • Conch Design Institute
  • Order
  • GCW394
04 March 2019

Mitsubishi Cement’s Lucerne Valley plant receives grant to buy new railcar mover

US: Mitsubishi Cement’s Lucerne Valley plant in California has received a US$0.32m grant for emission-reducing equipment from the Mojave Desert Air Quality Management District. The grant has been used to buy a new 2018 Viking Trackmobli diesel mobile railcar mover at the site to replace two older pieces of equipment. The railcar mover was purchased with grant funds through AB 2766, which authorises air districts to impose a US$4 vehicle registration fee to meet the requirements of the California Clean Air Act.

Published in Global Cement News
Tagged under
  • US
  • Mitsubishi Cement
  • Plant
  • California
  • railway
  • Grant
  • Upgrade
  • GCW394
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