30 September 2019
International Cement Group cancels Schwenk Namibia deal 30 September 2019
Namibia: Singapore’s International Cement Group (ICG)’s intended purchase of Schwenk Namibia for US$104m has fallen through. The company stated that it will not buy the subsidiary of Germany’s Schwenk Zement, whose 1.0Mt/yr total integrated capacity consists of Ohorongo Cement’s Walvis Bay plant, over four months ahead of the deal’s long stop date of 31 January 2020. The deal’s deadline had previously been extended from 30 June 2019 following the Singapore Exchange forestalled the deal due to ICG’s inability to pay for the unprofitable company.
Meetings called for Jura Cement quarry expansion debate 30 September 2019
Switzerland: Extraordinary Community Meetings have been scheduled in the municipalities of Veltheim and Auenstein for 22 and 23 January 2020 for further consultations with groups representing opposition to Jura Cement’s Jakobsberg-Egg quarry development plans in both districts. The company is planning a total 10.5ha expansion across both municipalities and an operational change to material processing, beginning in 2022.
Birla Cement boiler explosion puts 11 in critical condition 30 September 2019
India: A boiler at Birla Cement’s 2.5Mt/yr Chanderia plant in Rajasthan exploded on 29 September 2019, injuring an estimated 15 people. The Hindustan Times has reported that 11 people are in a critical condition. It is believed that the furnace overheated, which caused coal to scatter over workers below. Local government says that a report will come from its administrative-level investigation within 10 days, with criminal action to follow where appropriate.
Belarus Cement Company launches smaller-packaged cement 30 September 2019
Belarus: Belarus Cement Company (BCC) has begun selling its cement in 15kg bags in addition to its usual 25kg. BCC general director Alexsandr Dovgalo has said the company intends the move to increase the ability of its product to meet consumer demand.