Displaying items by tag: GCW691

Kenya: The Ministry of Mining has ordered the shut down all mining operations at East Africa Portland Cement Company due to a US$4m debt the company owes the government. The cement producer has also been accused of operating illegally since 2016, according to Citizen Digital. Its sites have reportedly been lacking safety equipment, not registering vehicles that transport limestone and other infringements. Police have been sent to the company’s quarries to ensure they stop work.

The East Africa Portland Cement Company runs quarries at Portland and Sparetech in Kajiado and Kibini in Sultan Hamud.

India: AVG Logistics announced that it has successfully secured an order worth US$10.5m from a cement manufacturing company, marking a significant milestone in the company's expansion strategy. Under this contract, the company will leverage its expertise in managing complex logistics networks to provide tailored solutions. The company plans to address the unique challenges of the cement supply chain, from raw material transportation to finished product delivery.

Germany: Iberdrola Germany and Schwenk Zement have entered a long-term electricity supply agreement. Schwenk will receive 1500GWh from the Windanker offshore wind farm, currently under construction in the Baltic Sea. This supply will account for about 20% of Schwenk's electricity needs. The wind farm will have 21 turbines, each with a capacity of 15MW, and will cover an area of approximately 17.9 km², located 38km northeast of Rügen. The farm will be connected to the grid in 2026.

India: Kaushalya Logistics has secured permissions for three upcoming depots, at Akbarpur, Fatehpur and Shahganj, Uttar Pradesh. Capital Market News has reported that JK Cement will use the depots in its operations.

Pakistan: Lebanon's Pharaon Investment Group Limited is reportedly considering the sale of its 84% stake in Attock Cement Pakistan, according to Pakistan Today. The holding company recently announced that it was re-evaluating its long-term strategic options in Pakistan, which also include Attock Petroleum, Attock Oil Company and Attock Refinery.

Attock Cement has been 'battered' by low demand in the Pakistani cement industry in recent years, following a period of expansion in the early 2010s. It produced 0.31Mt of cement in the first quarter of the 2025 financial year (to 30 September 2024), an 11% year-on-year fall from 0.35Mt a year earlier.

India: Prism Johnson has implemented the Ramco ERP Suite across its cement operations. Ramco ERP Suite is an enterprise resource planning system that incorporates maintenance, sales and distribution. Tools include a Contract Labour Management System for work shifts and Interactive Business Intelligence System for transaction management, along with GIS-enabled applications. Ramco also offers a Real-Time Integrator module to connects its Process Suite Advanced Process Control Expert Optimisers to the suite.

Colombia: Grupo Argos and finance conglomerate Grupo Sura have signed a spin-off agreement to dispose of their cross-shareholdings. This includes Grupo Argos subsidiary Cementos Argos’ stake in Grupo Sura. Grupo Argos will continue to focus on building materials and allied sectors.

President Jorge Mario Velásquez of Grupo Argos said “The cross-shareholding structure has far exceeded its objective: Grupo Argos consolidated its presence across the Americas, achieving compound annual growth of 21% in shareholder equity over the past 46 years and positioning Cementos Argos, utilities provider Celsia and construction firm Odinsa as regional leaders in their sectors. The simplification of the shareholding structure and portfolio will become another significant milestone in the disclosure and transfer of value to all Grupo Argos shareholders.”

Sweden: Bruks Siwertell has received an order for a 10 000 S mobile ship unloader for an undisclosed client. The customer owner will use the unloader as part of a rental ship unloading service, operating across multiple port locations. The order is scheduled for commissioning in spring 2025. It will be delivered fully assembled ready for operation. Jörgen Ojeda, Sales Director, Mobile Unloaders, Bruks Siwertell added that the client had previously used an Siwertell 15 000 S mobile ship unloader for nearly two decades.

China/Denmark: Denmark-based FLSmidth Cement has signed a licensing agreement with Sinoma International Intelligent Technology (IIT) covering the production and sale of QCX lab equipment in China. Cyril Leung, Country Head China – FLSmdith, said “The deal effectively provides us a new sales channel and represents our continued commitment to enhancing our services in the world’s largest cement market.”

All QCX equipment that FLSmidth Cement supplies outside of China will continue to be made in Brno, Czech Republic. Development and delivery of QCX software will remain in Denmark. FLSmidth noted that the agreement has no impact on the ongoing divestment of FLSmidth Cement.
FLSmidth Cement’s QCX lab equipment supports sampling, preparation and analysis. Products in the range include the QCX/RoboLab laboratory automation system, analysers, sample preparation products, quality control systems and laboratory software.

Afghanistan: The office of the deputy prime minister for economic affairs says that the country has invested over US$600m in the cement sector since the Taliban administration took charge in 2021. It cited a US$1m renovation project at the Jabal Saraj cement plant in Parwan province, according to National Afghanistan TV and the BBC. Future investment projects are also planned for Jabal Saraj as well as the Temtaq plant in Jowzjan province and the Herat cement factory in Herat province.

At present the local cement sector has a reported production capacity of 5Mt/yr.