Displaying items by tag: GCW309

Italy: Buzzi Unicem has completed its acquisition of Zillo Group with its acquisition of the remaining 52.1% of the share capital of Cementizillo. Following the acquisition it now owns 100% of the company. The agreement was originally announced in mid-June 2017. Buzzi Unicem has paid Euro19m plus 450,000 shares in Buzzi Unicem for its purchase of the majority stake in Cementizillo. Further payments will follow with an additional variable payment of up to Euro21m depending on the average price of Buzzi Unicem cement in Italy from 2017 to 2020.

Vietnam: Trinh Dinh Dung, the Deputy Prime Minster, has inaugurated the second production line at the Thanh Thang Cement plant at Thanh Nghi, Ha Nam. The new line has a production capacity of 1.3Mt/yr and it will raise the plant’s total capacity to 1.75Mt/yr, according to the Viet Nam News newspaper. The company has invested US$220m in the upgrade project.

Trinh Dinh Dung also said at the event that the Ministry of Construction would have to review the master plan for the cement industry in the 2017 - 2025 period with a vision towards 2035, and the master plan for exploration, exploitation and use of minerals for cement production by 2025. He urged domestic cement manufacturers to comply with environmental protection requirements, and invest in new technology to improve the quality of their products and protect the environment.

Turkey: Brazil’s Votorantim is set to inaugurate a Euro140m upgrade project at its Sivas cement plant. The project has been part of the cement producer’s strategy to increase its revenue outside of Brazil, according to the Valor Economico newspaper. The upgrade has seen the plant’s cement production capacity rise to 1.8Mt/yr from 0.6Mt/yr. Prior to the investment the plant accounted for around 19% of Votorantim’s 3Mt/yr production in Turkey and once fully operational it will account for 42%. The plant will supply the market with CEM I and CEM II products.

Company president Walter Dissinger said that international sales account for 40% of group revenue. However it is hoped that this will recede to 30% once the Brazilian market starts to recover. The company is also building an upgrade at its Charlevoix plant in the US.

India: Odisha’s State Level Single Window Clearance Authority (SLSWCA) has approved a proposal by Ambuja Cements to build a 1.5M/yr cement grinding plant at the Industrial Growth Centre, Jharsuguda. The proposed unit will use an area of 125 acres, according to the Press Trust of India. It is expected to create 300 direct and indirect jobs. Once complete the plant will join the company’s five integrated cement plants and eight grinding plants.

India: France’s Fives has receive an order from AMCL Machinery to supply a new FCB TSV Classifier 4500 THF. The classifier will be used by Ramco Cements at its R R Nagar Plant in Tamil Nadu. Previously the cement producer has installed FCB TSV classifiers at its grinding plants in Kolagat, Salem and Chengalpattu.

Chile: Hurtado Vicuña Group has been cleared by the Chilean competition authority (TDLC) to buy a controlling stake in Cemento Polpaico from LafargeHolcim. However, it will be required to sell assets from its concrete business worth up to an estimated US$90m, according to the Diario Financiero newspaper. The agreement also includes other measures such as a ban on repurchasing assets within 10 years. Hurtado Vicuña and its subsidiary Inversiones Caburga operate Cementos Bicentenario (BSA). It agreed to buy Cemento Polpaico in October 2016.

India: UltraTech Cement has completed its US$2.5bn acquisition of six integrated cement plants and five grinding plants from Jaiprakash Associates. The transfer was made effective at a meeting of the Scheme Implementation Committee of the board of directors of UltraTech Cement. The purchase includes plants in Himachal Pradesh, Uttar Pradesh, Uttarakhand, Madhya Pradesh and Andhra Pradesh with a total production capacity of 21.2Mt/yr.

“This move is essentially for geographic market expansion, enabling UltraTech’s entry into the high growth markets of India where it needed greater reinforcement,” said Kumar Mangalam Birla, chairman of UltraTech. He added that the acquisition would add synergies in manufacturing, distribution and logistics.

Following the purchase UltraTech holds 18 integrated plants, one standalone clinker production plant, 25 grinding plants and seven bulk terminals, increasing its Ordinary Portland Cement capacity to 93Mt/yr. UltraTech said that the new production units will make it the fourth largest cement producer in the world outside of China and that it confirms its place as the largest producer in India.

Gabon: Morocco’s Ciments de l'Afrique (CIMAF) is planning to upgrade its cement grinding plant at Owendo with a clinker production line. The upgrade is anticipated to double the plant’s cement production capacity to 1.2Mt/yr from 0.6Mt/yr, according to Agence Ecofin. CIMAF plans to invest Euro150m in the project. Potential quarry sites at Ntoum and Nkoltang have been identified to support the initiative. The upgrade is intended to meet local demand and to provide export options to the Republic of the Congo and Cameroon. CIMAF’s grinding plant was opened in June 2016.

Sweden: Cementa, subsidiary of HeidelbergCement, and Vattenfall are conducting a pilot study on electrified cement production to attempt to reach zero carbon dioxide emissions by 2030. The intention of the CemZero project is to supply power to cement plants from a so-called ‘climate smart Swedish energy system.’

"Electrification within the industry is an important element in the transition to sustainable urban development. We are now going to develop knowledge within the field in order to ascertain together with Vattenfall whether it is a potential future solution for cement production," says Jan Gånge, chief executive officer (CEO) of Cementa.

Germany: The Siemens Mechanical Drives unit will rebrand for the market as Flender, a wholly owned subsidiary based in Bocholt, on 1 October 2017. The reorganisation is intended to give the unit a ‘sharper’ business focus. Its branches around the worldwide will also be rebranded. The new setup is expected to be completed by mid-2018.

“Flender is our strong brand with a tradition more than a century old, and we’ve always done business under the name. At this year’s Hannover Messe, we highlighted Flender even more brightly, and made quite a splash with our stand-alone fair booth for gear units and clutches. Eventually all the unit’s activities worldwide will be gathered under Flender,” says Stefan Tenbrock, chief executive officer (CEO) of Siemens Mechanical Drives.

The future Flender builds components for mechanical drive technology, producing at eight locations with more than 6000 employees around the world. Its product range embraces a broad portfolio of gear units and clutches, drive applications and associated services. It serves industries including cement production, wind power, marine shipping, and conveyor and lifting technology.

A Friedrich Flender AG was founded in Düsseldorf in 1899, originally making wood pulleys. Subsequently the company developed into manufacturing gear products. Siemens took over Flender in 2005 and integrated the company into its corporate group as a unit for mechanical drives. In February 2017 the company announced that it would reorganise Mechanical Drives as a stand-alone entity within Siemens.