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20 March 2018

UltraTech Cement makes US$1.11bn bid directly to Binani Cement

India: UltraTech Cement has made a new US$1.11bn bid directly to Binani Cement in order to buy it. Binani’s parent company Binani Industries is independently seeking to stop the insolvency proceedings of its cement subsidiary using the money offered by UltraTech Cement in a so called ‘comfort letter.’ In a statement UltraTech Cement said it had in principle agreed to buy 98.5% of the shares of Binani Cement.

However, a consortium led by Dalmia Bharat won an auction for Binani Cement with a bid of US$974m in early March 2018. The auction was run by the National Company Law Tribunal under insolvency proceedings. Binani Cement has since complained that the bidding process was not run on a transparent process, according to the Economic Times newspaper. It added that the ‘shortcomings’ in the insolvency process had prompted the company to look at other options. The on-going struggle by UltraTech Cement and Dalmia Bharat is expected to test local bankruptcy law.

Published in Global Cement News
Tagged under
  • India
  • UltraTech Cement
  • Bid
  • Binani Cement
  • Dalmia Bharat
  • National Company Law Tribunal
  • bankruptcy
  • Legal
  • GCW345
20 March 2018

Central Pollution Control Board issues pollution warning to Parasakti Cement

India: The Central Pollution Control Board (CPCB) has issued a show cause notice to Parasakti Cement for processing hazardous waste like battery scrap and operating without permission. The CPCB also noted that the particulate matter emissions from clinker rollers and cement mill exceeded the revised standards, according to the Times of India newspaper. The cement plant, based at Guntur in Andhra Pradesh, has been given 15 days to remedy the situation. Previously in 2016 the company said it was complying with the emissions regulations.

Published in Global Cement News
Tagged under
  • India
  • Central Pollution Control Board
  • Parasakti Cement
  • Emissions
  • Andhra Pradesh
  • Plant
  • Pollution
  • GCW345
20 March 2018

Clinker ship sinks on river in Bangladesh

Bangladesh: A cargo vessel carrying 1035t of clinker has sunk on the Rupsha River. Local police said that water started to enter the ship, MV-BB 134, whilst in the middle of the river when a crack opened in its hull, according to the United News of Bangladesh news agency. The vessel sank within an hour. No casualties have been reported.

Published in Global Cement News
Tagged under
  • Bangladesh
  • Shipping
  • Accident
  • Clinker
  • GCW345
20 March 2018

Lafarge Malaysia wins US$68.9m contract to supply railway project

Malaysia: Lafarge Malaysia has won a US$68.9m contract from China Communications Construction to supply cement for the East Coast Rail Link project. The contract will run until the end of 2019 with options for renewal by a further two years.

Published in Global Cement News
Tagged under
  • Malaysia
  • Lafarge Malaysia
  • Contract
  • Supply
  • railway
  • China Communications Construction
  • LafargeHolcim
  • GCW345
20 March 2018

Turkish clinker exports jump by 32.4% to 4.93Mt in 2017

Turkey: Data from the Turkish Cement Manufacturers’ Association (TCMA) shows that clinker exports rose by 32.4% year-on-year to 4.93Mt in 2017 from 3.72Mt in 2016. Cement production rose by 6.8% to 80.6Mt from 75.4Mt. Production rose in all regions with the exception of the Aegean and Mediterranean.

Published in Global Cement News
Tagged under
  • Türkiye
  • Clinker
  • Export
  • Production
  • data
  • Turkish Cement Manufacturers' Association
  • GCW345
20 March 2018

FCT Combustion to launch Turbu-Flex burner in April 2018

Australia: FCT Combustion plans to launch its Turbu-Flex burner in April 2018. The pyro-processing engineering company says that the product will enable operators to switch between different fuels and optimise for each with the one burner. Switching between alternative and refuse derived fuels is intended to allow cement and other industrial plants to lower fuel costs and improve kiln performance. The burner also offers reduced maintenance, as it no moving parts are needed to change the air supply.

“We’ve now proven the burner’s benefits and ease of use in the field. Under testing for almost one year, and operating with over 80% fuel replacement using refuse-derived fuel (RDF), the results are very pleasing for the plant operator and FCT,” said Con Manias, the Managing Director of FCT International. He added that the company also focused on building its footprint in South East Asia.

The company says that it has projects running in six continents due to a ‘surge’ in burner orders. FCT Combustion is currently working on projects in the US, Canada, Brazil, Ecuador, Poland, France, Egypt, Belgium, Italy, China, Thailand, Malaysia, Algeria, Oman, Belgium, France, Ukraine, Turkey and Australia.

Published in Global Cement News
Tagged under
  • Australia
  • FCT Combustion
  • Burner
  • Product
  • GCW345
20 March 2018

Mississippi Lime upgrades Wierton plant to produce high reactivity hydrated lime

US: Mississippi Lime Company has upgraded its Wierton plant in West Virginia to produce high reactivity hydrated lime (HRH). The product is used in the Dry Sorbent Injection industry for control of acidic gases at coal-fired boilers and other industrial processes that generate acidic gases as by-products. Mississippi Lime also produces HRH at its plants in Ste Genevieve in Missouri, Verona in Kentucky and Chester in South Carolina.

Published in Global Cement News
Tagged under
  • US
  • Mississippi Lime
  • lime
  • Upgrade
  • Lime plant
  • high reactivity hydrated lime
  • West Virginia
19 March 2018

Eagle Cement grows profit in 2018 due to increased sales

Philippines: Eagle Cement’s net profit rose by 4% year-on-year to US$82m in 2017 from US$79m in 2016. It attributed this to increased sales, which rose by 12% to US$286m.

“We have continued to beat our operational targets in terms of volume growth and cost efficiencies. Our efforts in upgrading and debottlenecking of our existing production lines allowed us to keep healthy margins despite the challenging market environment,” said president and chief executive officer Paul Ang.

The cement producer is currently expanding its production capacity with a third production line at its Bulacan plant, which is due to start operation later in 2018. The new line will increase the company’s cement production capacity to 7.1Mt/yr. In November 2017 the company broke ground on its fourth production line at its Malabuyoc plant in Cebu. The project is on track for completion in 2020, and it will add another 2Mt/yr to the company’s capacity. The work at Malabuyoc also includes a marine terminal.

Published in Global Cement News
Tagged under
  • Philippines
  • Eagle Cement
  • Results
  • Upgrade
  • Plant
  • GCW345
19 March 2018

Secil and Cementos Portland Valderrivas in running for Carthage Cement

Tunisia: Portugal’s Secil and Spain’s Cementos Portland Valderrivas have both submitted bids for Carthage Cement. Other bidders included local company Omnium des Industries et de la Promotion, Malta’s Eurocem and a consortium of Asamer Kurt, Petech and Melton Enterprise. The companies are bidding for a 50.52% stake in the Tunisian cement producer.

Published in Global Cement News
Tagged under
  • Tunisia
  • Secil
  • Cementos Portland Valderrivas
  • Carthage Cement
  • Bid
  • Eurocem
  • GCW345
19 March 2018

LafargeHolcim Algeria planning ‘major’ export contract to a West African country

Algeria: Serge Dubois, the Director of Public Affairs for LafargeHolcim Algeria, says that the company is currently negotiating a ‘major’ export contract to a West African country. The deal to export ‘several hundred tonnes’ of Ordinary Portland Cement is expected to be concluded in March or April 2018, according to the El Mujahid newspaper. The subsidiary of LafargeHolcim is attempting to secure export deals ahead of an anticipated 22 – 24Mt/yr production overcapacity in the country by 2020.

It conducted two export deals to The Gambia in December 2017 and March 2018. However, Dubois added that Algeria needs to improve its transport infrastructure to be able to increase exports. To this end he mentioned a Euro13m upgrade project at the Port of Oran. He also spoke about the company’s Ardia 600 binder product and its negotiations with the Ministry of Public Works and Transport to improve local road infrastructure.

Published in Global Cement News
Tagged under
  • Algeria
  • LafargeHolcim Algeria
  • LafargeHolcim
  • Export
  • Gambia
  • GCW345
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