Displaying items by tag: GCW354
OCL India to build new plant
21 May 2018India: Dalmia Bharat's subsidiary OCL India plans to build a new cement plant in Odisha. The new unit will have a production capacity of around 1.7Mt/yr and it will include a waste heat recovery system. It will bring the cement producer’s total cement capacity up to around 8Mt/yr in the states of Odisha and West Bengal. The project is estimated to cost around US$545m. The plant is expected to be completed by mid-2020.
India: Jaiprakash Associates’ sales have nearly halved following the sale of much of its cement business to UltraTech Cement in mid-2017. Its sales dropped to US$1.14bn in the year to the end of March 2018 from US$2.19bn in the same period in 2017. The company said that its annual results were not comparable due to the sale of six integrated cement plants and five grinding plants.
Nepal: Hongshi-Shivam Cement has started trial production at its new plant near Dumkibaas in Nawalparasi district. The joint venture between Nepal’s Shivam Holdings and Hong Kong Red Lion Cement No 3, a subsidiary of China’s Hongshi Group, plans to start commercial production by the end of June 2018, according to the Kathmandu Post. The Chinese company owns a 70% stake in the joint venture. The unit has a production capacity of 6000t/day.
In September 2017, the Investment Board of Nepal had signed a US$359m project investment agreement with Hongshi-Shivam Cement to build the plant. A 10km road was built to connect the site to the main local highway and another 22km road was built to link up a limestone quarry at Palpa. The company plans to double the unit’s production capacity to 12,000t/day by 2020.
Philippines: Holcim Philippines plants to spend US$45m towards increasing production capacity. Its new chief executive officer John Stull told The Manila Times newspaper that the company is looking to improve efficiency at its plants to improve logistics and cut energy costs. It is also planning to hasten its equipment maintenance schedule. The cement producer set a target to increase its cement production capacity to 12Mt by 2019.
Zambia: The Ventriglia family has been awarded full ownership of Zambezi Portland Cement by the High Court of Zambia. The resolution follows a 10-year battle between the Ventriglias and businessman Rajan Mahtani, according to the Times of Zambia. Mahtani’s company Finsbury Investments claimed a majority share in the cement producer but the Ventriglia family objected, asserting full ownership of the company.
Cuba: A new railway cement terminal is being built at Ciego de Ávila. The unit will have five silos with a total storage capacity of 1600t, according to the Invasor newspaper. The terminal should be compelted by the end of 2018. The site is intended to support hotel construction, infrastructure projects and general housing in the region.
Mexico: Germany’s Loesche has sold two coal or petcoke grinding mills to Cruz Azul. Both will be used on new production lines at cement plants in Hidalgo and Oaxaca respectively. No value for the deal has been disclosed.
Each mill will have a capacity of 65t/hr. Loesche will be supplying complete plant equipment, including process gas filters, mill fans, inerting units, explosion protection valves, kiln gas cyclone separators, feed screw and drag chain conveyors as well as the complete electrotechnical equipment. The scope of supply also includes engineering for steel and concrete construction.
Loesche previously delivered a LM 46.2+2 CS type mill to Cruz Azul’s Tepezalá cement plant, operated under the Cycna subsidiary, at the end of 2016.
Senegal: Cement production rose by 5.6% year-on-year to 1.8Mt in the first quarter of 2018 from 1.7Mt in the same period in 2017. The production rise has been driven by an increase in local sales, according to the African Press Agency. Local sales of cement grew by 50.6% to 1.28Mt from 0.85Mt. However, exports have fallen by 37% to 0.56Mt from 0.90Mt.
France: The Carlyle Group has started talks with HGH Infrared Systems to acquire a majority stake in the specialist provider of infrared technology products. The proposed acquisition will be subject to customary employee consultations and regulatory approvals. The deal is expected to be completed by the end of 2018. No value for the deal has been disclosed.
“This potential partnership with Carlyle is excellent news for our customers. It will also help HGH to move to the next level and to build on our strong international growth trajectory,” said Thierry Campos, chief executive officer of HGH Infrared Systems. He added that Carlyle’s international reach and its experience in aerospace and defence, oil and gas and energy markets would further help to develop the company.
HGH was founded in 1982. It develops and sells optoelectronic and infrared systems and software for surveillance applications, test and measurement and industrial thermography in different end-markets. The company operates two research and development and assembly sites in the Optics Valley near Paris, France and in California, US. The company provides solutions to clients across 40 countries through two recognised brands HGH Infrared Systems and Electro Optical Industries (EOI).
Algeria: Italy’s Cimprogetti says it is making progress on a lime plant it is building with Bedeschi for Algerian Qatari Steel. The project is to build a lime plant supporting a steel plant at Bellara in Jijel. It includes the design and supply of the entire lime plant, from the limestone receiving area to quicklime storage, which is directly connected to the Danieli steel mill. The design of power and control systems has been developed by Cimprogetti, including the supply of all electrical panels, medium and low voltage transformers, the diesel generator set and all cables. Cimprogetti is also working with Idom, a Spanish company, on the design and erection phases of the project.
The lime plant will use two Flex Reversy 9 kilns with a daily production of 420t/day each, and will be operated with natural gas. The mechanical erection is almost complete and the electrical installation has recently started. The erection works are being checked by Cimprogetti site engineers in collaboration with the end user.