
Displaying items by tag: GCW482
Magotteaux launches vertical roller mill parts products
18 November 2020Belgium: Magotteaux has launched Expand, a vertical roller mill (WRM) wear parts product line for the cement industry. The equipment supplier says that the range offers high resistance, consistent production, energy efficiency and lower maintenance and replacement frequency. It also uses a scrap buy-back program to consider product lifecycle concerns. The wear parts line comes in two variants: Expand One, the standard metal matrix composite (MMC) product; and the higher performance Expand+.
Shree Cement orders vertical roller mills from Gebr. Pfeiffer
17 November 2020India: Shree Cement has ordered two vertical roller (VR) mills from Germany-based Gebr. Pfeiffer for the upcoming clinker line at its Raipur cement plant in Chhattisgarh. The supplier says that one of the mills will grind raw materials and the other will grind coal.
A MVR 6000 R-6 type raw mill will grind 800t/hr of raw material and have a drive power of 8700kW. Gebr. Pfeiffer said, “The grinding rollers of this mill can be equipped with roller tires for raw meal grinding as well as for cement grinding, provided that they have been designed according to the same force module. This saves money, because the identical components of rollers, tensioning system, roller arms, etc. mean that customers can reduce their spare parts inventory, since the same spare parts can be used for a raw meal mill and for a cement mill.” The mill will be equipped with an SLS 6000 VR high-efficiency classifier.
A MPS 2800 BK type mill will be used to grind coal with a capacity of 28t/hr, a drive power of 720kW and be “equipped with the latest design of the integrated SLS 2900 BK high-efficiency classifier optimised for MPS mills.”
The supplier said, “While the core components of the mills as well as the drive units will be supplied by Gebr. Pfeiffer from Europe, the Indian subsidiary Gebr. Pfeiffer (India) will provide components such as the mill and classifier housings, the steel foundation parts as well as internal parts of the classifiers.”
Tanzanian prime minister orders probe into cement shortage
17 November 2020Tanzania: Prime Minister Kassim Majawali has ordered regional commissioners to investigate a cement shortage that has reportedly caused a price rise. The Daily News newspaper reports that, in response to price rises first noted in October 2020, Majawali has requested a report by 20 November 2020, and questioned the part that cement producers had played in the issue. He said, “For those who use coals, we have enough to supply them. Clinker is also available at the same market price. We need an explanation behind cement price hiking."
Producers have refuted the accusation that they caused cement prices to rise.
Kenya: A union representing 150 of East Africa Portland Cement Company’s remaining 270 employees, who it made redundant on 1 September 2020, has rejected the company’s offer to take back the workers on a three-year contract with a pay cut of 50%. The rehiring was to be the third phase in the producer’s programme to cut down its 936-strong workforce, according to the Business Daily newspaper.
Acting managing director Stephen Nthei said, “We ran into teething issues between ourselves and the union. There were a few unionisable staff who did not sign, and that is what we are still discussing and agreeing.” He added, “Whatever we will discuss and agree between ourselves and the union will apply to everybody, even those who have signed. It should not be a discriminative procedure.”
Isigenere installs solar power plant at HeidelbergCement quarry
17 November 2020Germany: Spain-based Isigenere has installed a 739kW floating solar power plant on a lake at HeidelbergCement’s Dettelbach quarry in Bavaria. PV Magazine has reported that the 1900-panel solar power array, Bavaria’s largest, will power HeidelbergCement’s operations at the quarry.
Votorantim Cimentos reports 23% sales growth so far in 2020
16 November 2020Brazil: Votorantim Cimentos’ consolidated net sales in the first nine months of 2020 were US$2.17bn, up by 23% year-on-year from US$1.76bn in the corresponding period of 2019. However, its profit fell by 61% to US$28.7m from US$73.9m
Cement sales in the third quarter of 2020 rose by 15% year-on-year to 9.7Mt from 8.4Mt in the third quarter of 2019. The company reported increased sales volumes in Uruguay, the US and Canada, and an 18% increase in Brazil, “maintaining the strong pace” recorded at the end of the first half of 2020. The company said, “The significant emergency aid from government during this period and its use in the direct purchase of construction inputs, including cement, has supported civil construction alongside the currently historically low interest rate. In addition, people continue to invest in improving their homes, with retail sales of building materials increasing nationally.”
The company’s third quarter adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 94% to US$281m in 2020 from US$145m in 2019. It said, “The economic opening after the initial restrictions of the Covid-19 pandemic is turning out more positively than anticipated on the third quarter of 2020, while the on-going recovery is projected to be gradual, considering the uncertain scenario. Currently, global gross domestic product (GDP) is projected to decrease 4% in 2020 - less severely than the previously published data, although uncertainty around the recovery path for upcoming years due to second wave of Covid-19 remains considerable in some countries, alongside viability of additional fiscal and monetary stimulus.”
PPC wins immunity in South African competition probe
16 November 2020South Africa: The Competition Tribunal has confirmed an agreement between PPC and the South African Competition Commission granting the company immunity from prosecution in an investigation allegedly involving price fixing and market sharing between local cement producers from 1995 to 2009. The Cape Times newspaper has reported that the ruling additionally granted the company immunity from related fines. PPC has reportedly agreed not to engage in price fixing or prohibited conduct in the future. The Commission said, "In addition, it will have to develop a competition law compliance programme."
AfriSam and Lafarge Industries South Africa paid fines related to the case. However, a case against Natal Portland Cement (NPC) was dismissed.
Bangladesh Securities and Exchange Commission investigates Aramit Cement’s interest-free loan to sister company
16 November 2020Bangladesh: The Bangladesh Securities and Exchange Commission (BSEC) has written to Aramit Cement to seek an explanation for the company’s transfer of around US$9m as an interest-free loan to a sister company. The Dhaka Tribune newspaper says that the cement producer reported a loss in the financial year to 30 June 2020 and issued no dividend to its shareholders. However, had the company charged 10% interest on the loan, it could enabled the payment of a 20% cash dividend to shareholders. BSEC subsequently sought information on loans to associated companies.
Company secretary Syed Kamruzzaman said, “The board of directors would explain the issue to the BSEC soon.” The BSEC has ordered a refund of the loan along with interest by the end of November 2020.
US: Austin Quinn-Davidson, the acting mayor of Anchorage in Alaska, has announced that the city’s new cement and petroleum terminal at the Port of Alaska will be completed by late 2021. The Anchorage Daily News has reported that the estimated US$203m terminal will last for 75 years and be able to endure future seismic events like the earthquake that damaged the port in November 2018.
Municipal manager Bill Falsey said, “Even in these challenging times, we can still do big and important and challenging things.” He estimated the eventual total cost of an upgrade to the port would be around US$1bn.
Cementos Argos retains place in Dow Jones Sustainability Index
16 November 2020Colombia: Cementos Argos is celebrating its inclusion in the Dow Jones Sustainability Index for the eighth consecutive year. The company said that the listing acknowledges its “good practices in economic, environmental and social matters.” Its owner Grupo Argos came second in the materials sector, which accounted for 4.3% of the total index weight, while the company itself came third. The index also highlighted it within the Latin American Integrated Market (MILA)-Pacific Alliance.
The company said, “One of the main advantages of this index is that it is a lever to promote cutting-edge business practices that seek to improve the impact of companies on society and the environment and, increasingly, to strengthen their relationship with different interest groups, whether they are communities, investors, suppliers, employees or authorities, among others.”