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10 December 2019

Cementos Argos sells 28 US ready-mix concrete plants

US: Colombia’s Cementos Argos has sold 28 ready-mix concrete plants. ValorFuturo has reported that Smyrna Ready Mix Concrete (SRM) has acquired the company’s Arkansas, Georgia, South Carolina and Virginia assets. Cementos Argos stated that the reason for the divestments was the failure of the plants to generate operational efficiency due to their small and isolated nature.

In 2018 Cementos Argos produced 5.3Mm3 of concrete at its 236 ready-mix plants in the US region, making it the second biggest domestic producer after Cemex. It ranked fourth for cement production over the period, supplying the US market with 4.7Mt of cement from its four integrated and three grinding plants.

Published in Global Cement News
Tagged under
  • US
  • Cementos Argos
  • concrete plant
  • Sales
  • SRM
  • Production
  • GCW435
10 December 2019

Sika commences operations at Bekasi concrete plant

Indonesia: Switzerland-based Sika has begun producing concrete admixtures and mortars at its Bekasi plant on the island of Java. “This new facility in Greater Jakarta will enable us to further expand our strong position relative to the rapidly growing demand for quality building materials in Indonesia,” said Sika Regional Manager Asia/Pacific Mike Campion. He noted a Euro293m infrastructure investment by the government of Indonesia, Asia’s fifth-largest construction market, which he predicted will grow at 7% for the next 10 years.

Published in Global Cement News
Tagged under
  • Indonesia
  • Switzerland
  • Sika
  • concrete plant
  • GCW435
10 December 2019

Cahya Mata Sarawak welcomes competition for government road maintenance contracts

Malaysia: Cahya Mata Sarawak (CMS) has responded positively to the government’s announcement that it will be subdividing its annual contracts for road maintenance between new concessionaries besides CMS’s 51% subsidiary PPES Works in 2020. “Competition in any market naturally breads competitive efficiency. This can only be good for the public and road users,” said CMS Group Managing Director Isaac Lugun. “We maintain the lion’s share,” he added.

Published in Global Cement News
Tagged under
  • Malaysia
  • CMS
  • Government
  • Roads
  • Maintenance
  • Contract
  • GCW435
10 December 2019

Ash Grove Cement partners with Zovio Employer Services and Ashford University for higher education opportunities

US: Ireland’s CRH’s subsidiary Ash Grove Cement has engaged the education technology services provider Zovio Employer Services for the development of its higher education opportunities programme in partnership with Ashford University. “This provides employees with access to education to gain the right skill-set to advance into management positions. We also see the programme as a tool to attract new talent,” said Darcy Pugh, Ash Grove Cement Employment and Compensation Manager. Ash Grove plans to offer a tuition assistance benefit to 3000 employees for bachelor’s or master’s degrees at Ashford University. The university will also provide some full tuition grants.

Published in Global Cement News
Tagged under
  • US
  • Ireland
  • CRH
  • Ash Grove
  • Workers
  • training
  • GCW435
09 December 2019

Eurocement’s Akhangarancement plant upgrade to consist of 3Mt/yr capacity expansion

Uzbekistan: Russia’s Eurocement has revealed that construction work underway at its 2.0Mt/yr integrated Akhangarancement cement plant in Tahskent region includes the installation of a second plant on the site, bringing its total capacity to 5.0Mt/yr. Trend News Agency has reported that suppliers have delivered 4500t of machinery to Akhangarancement, including a clinker refrigerator, clinker conveyor and heat exchanger as well as electrical equipment and building materials for a raw materials warehouse. Eurocement’s total investment in the project has amounted to US$200m.

Eurocement Group Holding International president Mikhail Skorohod said, “Taking into account the growing needs of the Uzbek market in building materials, Eurocement is committed to creation of a building materials cluster based around the Akhangarancement plant.” The company said that the upgraded 5.0Mt/yr plant would become operational in 2020.

Published in Global Cement News
Tagged under
  • Russia
  • Eurocement
  • Uzbekistan
  • Cement plant
  • Upgrade
  • Conveyor
  • WHR
  • Warehouse
  • Investment
  • GCW435
09 December 2019

HeidelbergCement Bangladesh acquires Emirates Cement

Bangladesh: HeidelbergCement Bangladesh has announced the completion of its acquisition of Emirates Cement and Emirates Power from UltraTech Cement Middle East Investment. Financial Express has reported the value of the deal as US$21.5m.

Published in Global Cement News
Tagged under
  • Bangladesh
  • Germany
  • HeidelbergCement
  • HeidelbergCement Bangladesh
  • Emirates Cement
  • Emirates Power
  • Emirates Cement Bangladesh
  • Acquisition
  • GCW435
09 December 2019

Alexandria Development makes offer for remainder of Alexandria Portland Cement

Egypt: Alexandria Development Ltd, which owns an 88.93% stake in Alexandria Portland Cement, has submitted an offer for the remaining 11.07% of the company. In a statement to the Egyptian Exchange it stated its intention to delist Alexandria Portland Cement after completing its acquisition of the latter. Alexandria Development Ltd’s indirect owner is Greece-based Titan Cement.

Published in Global Cement News
Tagged under
  • Egypt
  • Greece
  • Titan Cement
  • Alexandria Development Ltd
  • Alexandria Cement
  • delist
  • Shares
  • GCW435
09 December 2019

Algeria targets emerging markets for booming cement exports

Algeria: Algeria’s estimated value of exported cement in 2019 is US$60m, up by 200% from US$20m in 2018. Algerian Trade Minister Saïd Djellab noted increases to grinding capacity in Guinea Bissau, Senegal, Gabon and Mali as a potential source of revenue from clinker exports, according to L’Expression. “Algeria can meet the needs of these markets and become their leading supplier of clinker in 2020.” The minister estimated that the total value of cement and clinker exports ‘will reach US$400m by 2021.’

Published in Global Cement News
Tagged under
  • Algeria
  • Export
  • GuineaBissau
  • Senegal
  • Gabon
  • Mali
  • Grinding
  • Clinker
  • GCW435
09 December 2019

Workers protest outside Uma Cement Industries plant

India: Demonstrations are underway at the gates of Uma Cement Industries’ Udhampur plant. Early Times has reported the cause as the alleged laying off of drivers without legal cause or notice. Drivers’ union president Rakesh Raina alleged harassment by Uma Cement Industries as well as irresponsible practices in forcing employees to drive overloaded vehicles.

Published in Global Cement News
Tagged under
  • India
  • Workers
  • Protest
  • Drivers
  • Safety
  • GCW435
06 December 2019

Ministry of Environment permits tyre-burning by Cementos Cosmos

Spain: Brazilian-based Votorantim Cimentos’ subsidiary Cementos Cosmos has received authorisation for the combustion of tyres to fuel the kilns at its 1.6Mt/yr Toral de los Vados plant in León. Diario del León has reported that the government of Castile and León will complete bureaucratic procedures finalising the permit before 25 December 2019.

Published in Global Cement News
Tagged under
  • Spain
  • Cementos Cosmos
  • AF
  • Refuse Derived Fuel
  • Tyres
  • Fuel
  • Government
  • Licence
  • GCW435
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