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09 May 2019

Industrial Development Corporation looking for larger stake in Ohorongo Cement

Namibia: The Industrial Development Corporation (IDC), a South African development finance institution, says it would like to increase its share in Ohorongo Cement. It has made the statement in response to the acquisition of a majority stake in the cement producer by Singapore’s International Cement Group in March 2019, according to the Namibian Sun newspaper.

The IDC owns a 14% stake in Ohorongo Cement. It says it is committed to Ohorongo Cement and that it wants to support Namibia's indigenisation programme through local ownership. It is talking to other shareholders including the Development Bank of Namibia (DBN), which owns an 11% stake in Ohorongo. The DBN has also expressed concerns on the takeover by International Cement Group.

Published in Global Cement News
Tagged under
  • Namibia
  • Ohorongo Cement
  • Industrial Development Corporation
  • South Africa
  • International Cement Group
  • Shares
  • Development Bank of Namibia
  • GCW404
09 May 2019

Hanson ships bagged cement to Antarctica

Antarctica/UK: Hanson has transported 125t of bagged cement from its Ketton plant in the UK to the British Antarctic Survey’s Rothera Research Station in Antarctica. Construction company BAM Nuttall is upgrading a wharf at the site to improve ship and boating operations and allow it to accommodate the RRS Sir David Attenborough as well as to reduce manual handling cargo loading/unloading time.

The subsidiary of Germany’s HeidelbergCement worked with BAM Nuttall and civil engineering company Keyline to set the technical specification of the cement. Each of the 25kg bags were vacuum sealed and double shrink wrapped onto heat-treated pallets to reduce the risk of contaminating Antarctica’s environment with foreign organisms.

Published in Global Cement News
Tagged under
  • Antartica
  • UK
  • Hanson
  • HeidelbergCement
  • Product
  • British Antarctic Survey
  • BAM Nuttall
  • Keyline
  • GCW404
08 May 2019

Alamgir Kabir appointed president of Bangladesh Cement Manufacturers Association

Written by Global Cement staff

Bangladesh: Alamgir Kabir has been appointed as the president of the Bangladesh Cement Manufacturers Association (BCMA). His term covers the 2019 – 2020 and the 2020 – 2021 period, according to the Financial Express newspaper. Md Shahidullah, managing director of Metrocem Cement and chairman of Metrocem Group, and Zahir Uddin Ahmed, managing director of Confidence Cement, were elected the first and second vice-presidents of the BCMA respectively.

Published in People
Tagged under
  • Bangladesh
  • Bangladesh Cement Manufacturers Association
  • GCW403
08 May 2019

Romanian competition council finds market irregularities

Romania: The Competition Council says it has found irregularities in the cement market. Following an investigation started in the autumn of 2018 it has revealed that the country’s three major producers – Holcim, CRH and HeidelbergCement – were operating with high profit margins and similar market share, according to Business News Europe. It noted that geographic distribution of customers around the three companies’ production facilities might support a hypothesis of market collusion. It also reported similar production capacity utilisation rates between the main producers despite different production capacities.

The Competition Council has not drawn any conclusions from the report. Previously, it said that if it does find any evidence of cartel-like behaviour it could apply a fine of up to 10% of company turnover.

Published in Global Cement News
Tagged under
  • Romania
  • Competition Council
  • Investigation
  • Holcim Romania
  • CRH
  • HeidelbergCement
  • LafargeHolcim
  • GCW403
08 May 2019

Podilsky Cement’s revenue rises by 2.5% to Euro92.3m in 2018

Ukraine: Podilsky Cement’s revenue rose by 2.5% year-on-year to Euro92.3m in 2018. It reduced its loss by 25% to Euro16.2m, according to the Ukrainian News Agency. It produced 1.35Mt of cement. The company is a subsidiary of Ireland’s CRH.

Published in Global Cement News
Tagged under
  • Ukraine
  • Podilsky Cement
  • Results
  • GCW403
08 May 2019

Lafarge Malaysia to resume supply for East Coast Rail Link project

Malaysia: Lafarge Malaysia has resumed supplying cement to the East Coast Rail Link project. The cement producer has been asked to continue supplying the project until the end of 2019, according to the Star newspaper. The US$65m contract was originally agreed in March 2018 but then suspended in July 2018 when the government reviewed the project.

Published in Global Cement News
Tagged under
  • Malaysia
  • Lafarge Malaysia
  • LafargeHolcim
  • Infrastructure
  • Supply
  • railway
  • GCW403
08 May 2019

Loma Negra reduces staff at Barker cement plant

Argentina: Loma Negra is planning to make 100 staff redundant at its Barker cement plant in Buenos Aires. It employs 230 direct employees and 90 others at the site, according to Infobae. The cement producer says it is reducing staffing levels in order to adjust the plant’s production capacity to the local market. It has also threatened to close the plant entirely if it is unable to reach an agreement over the redundancies with the union.

Published in Global Cement News
Tagged under
  • Argentina
  • Loma Negra
  • Plant
  • Staff
  • Union
  • GCW403
  • Redundancy
  • Intercement
08 May 2019

Ambuja Cement customers defrauded by fake website

India: Customers of Ambuja Cement have been deceived by a fake website pretending to take orders for the company. Victims of the fraud have notified the police in Mumbai, according to the Times of India newspaper. The fraudulent website obtained orders, raised invoices and promised delivery following the receipt of advance payment. When the customers failed to receive the goods they approached Ambuja Cement and the deception was revealed. So far around US$2500 has been reported lost.

Published in Global Cement News
Tagged under
  • India
  • Ambuja
  • LafargeHolcim
  • Fraud
  • GCW403
08 May 2019

FLSmidth launches digital product to analyse equipment failure

Denmark: FLSmidth has launched ECS/UptimeGo, a downtime analysis product designed to increase plant uptime by identifying the causes of plant and equipment failures. Real-time dashboards and key performance indicators (KPIs) enable the measurement of the real impact of machine failures interrupting the production. In addition, ECS/UptimeGo provides Pareto charts and the ability to monitor maintenance and reliability KPIs to give operators a picture of a downtime event and its causes.

ECS/UptimeGo can be integrated with existing process control systems and can be paired with FLSmidth ECS/ControlCenter for an automated process to gather all production stoppages. It also features a graphic interface that allows operators to document and analyse stoppages.

Published in Global Cement News
Tagged under
  • Denmark
  • FLSmidth
  • Product
  • Analyser
  • GCW403
08 May 2019

ExxonMobil tests lubricant for machinery in limestone quarry

Russia: ExxonMobil says it has saved a limestone quarry Euro7900/yr by switching Hitachi excavators to its Mobil DTE 10 Excel46 hydraulic oil. The product extended oil drain intervals by 25% to 5000 hours. It also reduced filter replacements.

“Our field engineering services team worked with the customer to identify the most suitable lubricant. As a result of this, they suggested a switch to Mobil DTE 10 Excel 46 hydraulic oil, which was developed to provide a long oil life and minimise deposit formation, even in hydraulic systems operating in severe conditions,” said Sarp Degirmenci, EAME Offer Advisor at ExxonMobil.

Published in Global Cement News
Tagged under
  • Russia
  • ExxonMobil
  • Lubricants
  • Quarry
  • Hitachi
  • GCW403
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