Displaying items by tag: GCW396

China: West China Cement’s sales revenue rose by 24% year-on-year to US$881m in 2018 from US$709m in 2017. Its cement sales volumes fell by 3.2% to 18.1Mt from 18.7Mt. Its earnings before interest, taxes, depreciation and amortisation (EBITDA) grew by 40.6% to US$393m from US$279m. Despite falling sales volumes, the cement producer said that increased prices boosted its margins.

By region the company said that sales volumes in Shaanxi Province remained stable, while the continuous low demand in the Xi’an Metropolitan Area and Central Shaanxi region led to occasional peak-shifting production halts by all producers during low season periods. Sales volume in Xinjiang Province remained low, while that of Guizhou Province were stable.

Libya: The Libyan Cement Company plans to spend Euro200m on an upgrade to its plant in Benghazi. The project will increase the unit’s production capacity to 3Mt/yr from 2Mt/yr at present. Planning is at an advanced stage, with tenders already issued for the engineering, procurement and construction (EPC) of a mixture of new and upgraded facilities. The Central Bank of Libya, other banks and other investors will supply finance for the project.

The cement producer reopened its Benghazi plant in late February 2019. It has over 1000 employees with more openings to follow.

Iran: President Hassan Rouhani has inaugurated the Mond-Dashti Cement plant. He made the inauguration remotely by video link, according to the Tehran Times newspaper. The unit had an investment of around US$90m and a cement production capacity of 1.2Mt/yr. It has created over 170 jobs.

Australia: Wagners Cement has suspended its supply of cement products to Boral for six months. Wagners has a cement supply agreement with Boral where it supplies cement on an annual basis for a fixed price. However, Boral issued a notice to Wagners saying that it has found cheaper cement from a ‘long established’ supplier in South East Queensland.

As per the agreement Wagners can either match the lower price or suspend its supply. Wagners has decided to suspend its supply to Boral pending a resolution of the issue. It said that the potential financial impact of the pricing notice is US$14m.

Germany: Siemens will be hosting a mining media talk at the Bauma construction machinery trade fair in April 2019. Roland Ehrl, Minerals Executive Vice President, will be showcasing Siemens' portfolio of products, systems and solutions for the global mining industry. Dan Fodor, Head of Application Management and Product Lifecycle Management (PLM) Minerals, Christian Dirscherl, Vice President Mining Excavation and Transport Minerals, and Zeng Yun, Director Business Development Minerals, will be highlighting digital topics like Siemens' SmartMining, Autonomous Stockyard Management and Minerals Operation Management Solution.

The ‘Siemens Mining Media Round Table’ will take place on 9 April 2019 at the event in Munich. Registration is required to attend.

Netherlands: Malvern Panalytical has launched a next version of Epsilon 1 X-ray fluorescence (XRF) spectrometer. The upgrade has reduced the product’s size to 0.15m². Its precision has been improved by integrating a high-power X-ray tube and a new detector.

“With the new generation of our compact Epsilon 1 benchtop XRF spectrometers, you can take a small yet powerful lab directly to your sample for fast product screening and process control”, said Lieven Kempenaers, Malvern Panalytical Product Manager for benchtop XRF systems.

The Epsilon 1 product is available in a number of versions tailored for difference applications. The Epsilon 1 Lube Oil delivers ASTM 6481-compliant elemental analysis of unused lubricating oils; the Epsilon 1 Sulfur in Fuels quantifies sulphur content in fuels according to ASTM D4294-10 and ISO 20847; the Epsilon 1 Academia enables characterisation of unidentified samples, using Omnian software for standardless analysis; and the integrated camera in the Epsilon 1 for Small Spot Analysis simplifies the investigation of very small objects, inclusions or inhomogeneities.

China: Tianrui Cement sales revenue rose by 19.5% year-on-year to US$1.5bn in 2018 from US$1.25bn in 2017. It attributed the growth to a 15% increase in the price of cement. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) grew by 15.3% to US$573m from US$497m. Its sales volumes of cement remained stable at 29.4Mt compared to 29.3Mt in 2017.

Philippines: The Cement Importers Association of the Philippines (CIAP) has defended cement imports from Vietnam. In a statement the association said that all legally imported cement sold in the Philippines met the required standards, according to the BusinessWorld newspaper. It made the comment in response to media reports that ‘substandard’ Vietnam-sourced cement was saturating the market.

CIAP said that the controls imposed by the Department of Trade and Industry (DTI) were tougher for imported cement than for locally produced cement. Local manufacturers are audited once per year compared to checks for every batch of imported cement. The DTI said it was going to impose a provisional tariff on imported cement in early 2019.

Philippines: Republic Cement plans to install bag filters on its clinker conveyors, cement mills and packaging lines at its Batangas and Teresa plants in 2019 to replace electrostatic precipitators. It follows the installation of kiln bag filters, according to the Business Mirror newspaper. Following the upgrade it reduced its dust emissions by 75% to 20mg/Nm³, below the national limit of 150mg/Nm³. The cement producer is also considering building concrete roads at its unit to further reduce dust emissions.

Philippines: Holcim Philippines has launched a new blended cement product called Solido. It is intended to produce concrete that is better than that made from Ordinary Portland Cement (OPC) in terms of durability and compressive strength. The product is also more environmentally friendly than OPC as it uses less clinker. The cement producer is also offering technical training, test and field support to potential users. It says it has launched the product to support the country’s construction boom.