
Displaying items by tag: GCW373
Cementos Fortaleza building grinding plant in Merida
28 September 2018Mexico: Cementos Fortaleza has started to build a new 0.25Mt/yr grinding plant at Merida in Yucatan. The project has an investment of US$30m, according to the El Economista newspaper. The plant is scheduled to open in July 2019. It will create 50 direct jobs.
Kenya: The International Finance Corporation (IFC) says it is still considering investing in ARM Cement after it entered administration in late August 2018. IFC Kenya Country Manager Manuel Moses said that the World Bank institution was waiting for the outcome of the administration process to complete to see if a ‘good proposal’ would emerge, according to the Standard newspaper. Moses made the comments while unveiling the IFC’s investments in Sub-Saharan Africa in 2018.
The Kenya cement producer has been placed into admiration for 12 months to attempt to solve its debt problems. The IFC was previously set to take over loans worth US$120m at ARM Cement in July 2018 and was also interested in an equity stake.
Cameroon: Cimencam has assured Ernest Gbwaboubou, the Minister of Mines, Industry and Technological Development, that the first bag of cement will be despatched from the Nomayos grinding plant in the first quarter of 2019. The comments were made during a visit by Gbwaboubou to the unit, according to Business in Cameroon magazine. The minister also noted that the compensation process for residents affected by a power line to the plant had yet to be completed.
The new plant will have a production capacity of 0.5Mt/yr. The project has an investment of around US$40m. The plant will source pozzolans from a quarry at Foumbot.
GCCM Holdings orders ship unloader from Siwertell
28 September 2018US: GCCM Holdings has ordered a ship unloader from Siwertell for a terminal in Corpus Christi, Texas. The Siwertell ST 640-M unit will have a continuous rated cement-handling capacity of 1500t/hr and will be able to unload ships of up to 60,000dwt. The unloader is currently being built and will be delivered fully assembled by heavy-lift ship to the port. Siwertell will supervise its commissioning and the unit is expected to start operation in the third quarter of 2019.
VDZ president Christian Knell warns of cost of climate change mitigation to cement industry
27 September 2018Germany: Christian Knell, the president of the German Cement Works Association (VDZ), has warned that meeting climate change goals was leading to ‘considerable’ costs for the cement industry. He said that ‘suitable boundary conditions would have to be created’ for climate change issues and noted that on-going trends in European emissions trading and the ‘rapidly’ increasing price of CO2 were leading to mounting costs. “To be able to realise our efforts in terms of climate protection and at the same time not lose competitiveness, we need research policy-related support for our investment in breakthrough technologies and the corresponding demonstration projects,” said Knell.
Knell made the comments during the opening ceremony of the 8th International VDZ Congress 2018 in Duesseldorf. He identified climate protection and digitalisation as key issues for the future of the industry.
Filipino government raises cement import investigation with World Trade Organization
27 September 2018Philippines: The Department of Trade and Industry has notified the World Trade Organisation (WTO) that it is starting a preliminary investigation to examine whether increased imports of cement is causing or threatening to cause serious injury to the local industry. The cement covered by the investigation is classified under AHTN Codes 2523.2990 and 2523.9000, according to the Manila Bulletin newspaper. The investigation will look at 2013 - 2017. The ministry has cited the Safeguards Measures Act as part of its probe.
FLSmidth moves ahead with cement plant contracts in Central America
27 September 2018Central America: Denmark’s FLSmidth says it is moving ahead with two contracts for cement plants worth over Euro250m following the receipt of the agreed downpayment. One contract is for a new cement plant and the other is for an extension to an existing plant.
The cement plant engineering company has not released many details on the projects. However, both plans will be located in Central America and will supply cement mainly to their local markets. The expected commissioning is within 24 to 36 months and once operational, the cement plants will have a capacity of 2000t/day and 3500t/day respectively.