Displaying items by tag: GCW410
Grupo Argos in talks to merge with Summit Materials
14 June 2019US: Colombia’s Grupo Argos is in talks with US-based Summit Materials about a potential merger. Sources quoted by Reuters said that the Colombian company would like to combine Cementos Argos with Summit Materials to gain economies of scale.
Summit Materials owns Continental Cement, a cement producer that runs two integrated cement plants at Hannibal, Missouri and Davenport, Iowa. It operates cement terminals at Minneapolis in Minnesota, St Paul in Minnesota, LaCrosse in Wisconsin, Bettendorf in Iowa, West Des Moines in Iowa, St Louis in Missouri, Memphis in Tennessee, Convent in Louisiana and New Orleans in Louisiana. Summit Materials also owns a number of building material companies in the aggregates, ready-mixed concrete and asphalt industries.
CSN planning US$390m cement plant in Paraná
13 June 2019Brazil: CSN Cimentos is planning to spend around US$390m on building a new 3Mt/yr cement plant in Paraná. Eduardo Bekin, president of the Paraná State Development Agency, said that the company already had the authorisation to conduct economic viability studies and should confirm the plant by late August 2019, according to the Valor Econômico newspaper. CSN is also considering building the plant in Sergipe state, where it operates a limestone mine. The final decision will depend on the best tax environment for the cement producer.
France: Cem'In'Eu plans to raise Euro55m by the end of 2019 to support building new cement grinding plants in Europe. It opened its first 0.25Mt/yr grinding plant at Tonneins, Lot et Garonne in 2018, according to Les Echos newspaper. Construction of a new plant at Portes-lès-Valence, Drôme is scheduled to start in mid-2019. Construction of a larger 0.5Mt/yr plant at Montreuil-Bellay, Maine-et-Loire is anticipated to start in September 2019 for a commissioning date of February 2021. This project will cost Euro35m. Other projects are planned for Chalon-sur-Saône, Saône et Loire and Ottmarsheim.
International projects include a plant at Ottmarsheim, Haut-Rhin in Switzerland and Thamesport in the UK. The former is expected to gather all the necessary permits by September 2019 with construction to follow by the end of the year. An additional project is being planned at the port of Gdynia in Poland.
Nigeria: Lafarge Africa has delayed publication of its annual results for 2018. It blamed the delay on ‘pending actions required for the resolution of key matters relating to the closure of its annual financial statement. It says it will release its audited financial statement by the end of June 2019. The subsidiary of LafargeHolcim reported a net loss of US$28.8m for the first nine months of 2019 compared to an income of US$2.61m in the same period in 2017, although it managed to grow its revenue on a year-on-year basis.
Trinidad & Tobago: The Caribbean Court of Justice (CCJ) is continuing to hear arguments about whether Rock Hard Cement should be exempt from higher taxes applicable to third party goods. Both the Caribbean Community (CARICOM) Council for Trade and Economic Development (COTED) and the World Customs Organisation (WCO) previously ruled that Rock Hard Cement imports from Turkey and Portugal were correctly classified as ‘other hydraulic cement,’ according to Barbados Today. However, lawyers on behalf of Trinidad and Tobago and Trinidad Cement have dismissed this classification of the imports, insisting that the classification of the World Customs Organization (WCO) and COTED were ‘unsafe, unreliable and incorrect.’ As such the imports should be classified as ‘building cement grey’ and liable to a tariff of 15% instead of 5%. The case continues.
Trabits Group and Brookhaven National Laboratory to present joint papers on self-repairing well cement product
13 June 2019US: Trabits Group and Brookhaven National Laboratory have been selected to present joint research papers at two scientific geothermal forums on the self-repair ability of the FlexCem Lightweight Variable Density well cement product. The first presentation will be at the September 2019 meeting of the Geothermal Resources Council (GRC), which will be held in Palm Springs, California, US. The second presentation will be at the World Geothermal Congress (WGC), which will be held in Reykjavik, Iceland in April 2020.
FlexCem well cement was developed by Trabits Group following completion of a research grant from the Department of Energy Geothermal Technologies Office (GTO). It is a composite cement using Type I/II cement clinker and Ferrierite zeolite, interground in proprietary ratios.
Mondi launches web-based platform
13 June 2019Austria: Mondi has launched ‘myMondi’ a web-based platform. It says it is the first all-in-one digital customer platform available in the paper sack industry worldwide. The sales product is intended to enable customers to view live product and stock information, place orders and track order status.
Germany/Portugal: Talleres Alquezar has been using two BHS mixers in a modular plant to produce a total volume of 400,000m3 of hydro dam concrete in Portugal since 2017. Two DKX 4.5 type twin-shaft batch mixers, each with a capacity of 4.5m3, have been integrated into the plant. Germany’s BHS says that using twin-shaft batch mixers has shown that can be utilised successfully to produce this kind of specialised concrete.
Three hydro dams are being built on the Tâmega River that are expected to generate 1760GWh for the Iberian market once they have been commissioned as part of Spanish energy group Iberdrola’s large-scale hydroelectric project in Portugal. 242,000m3 of concrete is needed in Daivões for the dam wall alone, which is planned to be 78m high and 265m long. Spain’s Talleres Alquezar is the project partner for this hydro dam. Once built, the construction in Daivões is expected to dam up to 56,200,000m3 of water.