Displaying items by tag: GCW407

Greece: Titan Group’s turnover has benefited from the US market and growth in southeastern Europe. Its turnover grew by 12.5% year-on-year to Euro363m in the first quarter of 2019 from Euro323m in the same period in 2018. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 1.9% to Euro44.3m from Euro43.5m. It blamed its limited earnings growth on ‘challenging’ conditions in Turkey and Egypt.

Algeria: Algematco Steel, part of Rahmoune Group, has ordered a modular Ready2Grind MVR vertical roller mill from Germany’s Gebr. Pfeiffer. Erection and commissioning of the unit are scheduled for early 2020. No value for the order has been disclosed.

The cement grinding plant includes: a feed module with material dosing and transport; a MVR 2500 C-4 type vertical roller mill with a SLS 2650 BC ctype lassifier and drives; plant filter, fan and hot gas generator; electric switchgear with plant control system; silo plant; packing and palletising plants; and laboratory equipment. The plant is designed to produce different cement types at a production rate of 50 - 70t/hr.

US: Sesco Cement plans to build a new white cement terminal at Gibsonton in Florida. The unit will have a ship and railway links, according to the Tampa Bay Business Journal newspaper. The project will have an investment of US$19m. Construction is expected to take 18 months at the site. Based in Texas the company has links to the Royal El Minya white cement plant in Egypt via Sesco Group.