
31 August 2023
GCC orders pyroprocessing equipment from ThyssenKrupp Polysius for Odessa cement plant expansion 31 August 2023
US: GCC has ordered pyroprocessing equipment from ThyssenKrupp Polysius for the expansion of its Odessa cement plant in Texas. The upgrade will more than double the plant’s capacity to 1.9Mt/yr, and reduce its CO2 emissions by 13%. Contractor H&M Construction says that the project will be the third on which it has collaborated on design and construction.
H&M Vice President Casey Rushing said “H&M is proud to have the opportunity to serve GCC as its design-builder on this great project. H&M has a very strong active presence in Texas and a very strong veteran self-perform team that has recently completed with Polysius a near identical pyroprocessing expansion in the Southeast US. We intend to improve on our successes from our previous pyroprocessing lines by executing this project for GCC with superior safety, quality and customer satisfaction.”
Documents detail investments in Adani Group 31 August 2023
India: The Organized Crime and Corruption Reporting Project (OCCRP) has obtained documents which allegedly show how two people with close ties to the owners of Adani Group invested significantly in the group. Nasser Ali Shaban Ahli and Chang Chung-Ling traded in Adani Group shares through a Mauritius-based investment fund. The OCCRP reports that Ahli and Chang might be found to have been acting on behalf of Adani promoters. If so, their shareholding would bring insider investment in Adani Group to over 75%. This would potentially indicate stock manipulation under Indian law. Ahli and Changs’ investment management company reportedly paid a company owned by Vinod Adani, the brother of Adani Group chair Gautam Adani, for investment advice.
Nasser Ali Shaban Ahli is a Dubai-based business consultant, who is listed as an officer in a British Virgin Islands-based securities investment firm linked to Adani Group. Meanwhile, China-based Chang Chung-Ling has held positions on the boards of multiple Adani Group companies.
Adani Group replied “Contrary to your claim of new evidence/proofs, these are nothing but a rehash of unsubstantiated allegations levelled in the Hindenburg report. Our response to the Hindenburg report is available on our website. Suffice it to state that there is neither any truth to nor any basis for making any of the said allegations against the Adani Group and its promoters, and we expressly reject all of them."
Nigeria: Lafarge Africa has installed a new bag filter at its 3.9Mt/yr Ewekoro cement plant in Ogun State. The filter cost US$8.51m. Lafarge Africa says that the equipment has successfully reduced the plant’s dust emissions to below 50mg/Nm3. The company said that it has made ‘significant adjustments’ to its production activities, besides introducing air quality measurement systems across a 10km radius of the plant.
Lafarge Africa’s head of health, safety and environment Rachael Ezembakwe said “Care for the environment and for our host communities is built into all aspects of our operations within the country. Our social impact is focused on the areas of the most need: education, empowerment, health and safety, and shelter/infrastructure.”
Cemex España acquires two quarries near Madrid 31 August 2023
Spain: Cemex España has bought two new quarries near Madrid. The producer said that the quarries will strengthen its limestone reserves. It added that they include ‘all necessary elements’ for it to increase its services to the Madrid market.
Cemex’s Europe, Middle East, Africa and Asia regional president Sergio Menéndez said “These acquisitions strengthen our existing network and enable us to better serve a growing market with high-quality, sustainable and circular products. We are excited to be part of Madrid’s growth, which contributes to improving the quality of life of its residents and setting an example for more sustainable and circular cities.”
Indonesia: The UK-based World Cement Association (WCA) has announced the inclusion of the Indonesian Cement and Concrete Institute (ISBI) as an affiliate member. The ISBI has over 20 years’ experience in providing engineering training and consulting services to the cement sector and related industries in Indonesia.
WCA chief executive officer Ian Riley said "The WCA is further expanding its involvement with industry players operating in emerging economies, particularly in Indonesia which is one of the world’s largest cement markets.”