Displaying items by tag: Pennsylvania
US: Air Products is preparing to build a new global headquarters in Lehigh Valley, Pennsylvania. The new site will be situation around 2km from its existing location in Allentown. Ground breaking is expected in March 2019 with occupancy scheduled for the summer of 2021. The new location will be the base for approximately 2000 Air Products employees with capacity for growth.
The decision to change headquarters has been taken to allow the company to modernise its facilities. The new headquarters site will include new administration offices, a research and development (R&D) facility, and an enclosed parking structure for employees.
Air Products operates an industrial gases business providing atmospheric and process gases and related equipment to manufacturing markets, including the cement and lime industries as well as refining and petrochemical, metals, electronics, and food and beverage sectors. Air Products is also a supplier of liquefied natural gas process technology and equipment.
Brazil/US/Vietnam: FCT Combustion has released details on new burner projects it is involved with. Selected projects include the commissioning of Gyro-Therm burners for Kilns 1 and 2 for use with natural gas, coal, petcoke and solid alternative fuels at Lehigh Cement’s Evansville plant in Pennnsylvania in the US. The supply also included the burner management system, valve trains, fans and other accessories.
The company is also working on an upgrade to the hot gas generator at Votorantim Cimentos’ Vidal Ramos plant in Santa Catarina, Brazil. Also in this country it is supplying Turbu-Jet AF burners with blowers, ignition and flame detection systems to CSN Cimentos’ Arcos plant in Minas Gerais.
Finally, in Vietnam the burner supplier is to provide a Turbu-Jet AF burner firing low calorific value coal with fuel oil to Vinacomin’s Quan Trieu Cement plant.
Nothing says I love you like a white cement plant
21 February 2018HeidelbergCement made Italy’s Cementir Holding its Valentine last week in the form of a deal for the Italian company to buy up the remaining shares in Lehigh White Cement in the US. Cementir takes control of the former joint venture by upping its share to 63.25% for US$107m and one of the other partners, Cemex, increases its share to 36.75% for US$34m. Despite making the announcement on Valentine’s Day HeidelbergCement then described the sale in fairly unromantic language, “As a niche product with small volumes, the standalone production of white cement does not fit to the strategic focus on efficiency of HeidelbergCement.” Maybe they could just send flowers to each other next year instead!
More seriously, this latest deal by Cementir is yet another intriguing evolution of the Italian multinational building materials producer. The company says it is the largest white cement producer in the world through subsidiaries like Aalborg Portland in Demark, Sinai White Cement in Egypt and Lehigh White Cement in the US. Its plant at El-Arish in Egypt is the largest white cement unit in the world. In 2016 it reported a white cement production capacity of 3.3Mt/yr from six plants in Denmark, Egypt, China, Malaysia and the US. Its volume sales of white cement were 2.2Mt at this time or a capacity utilisation rate of 67%. In the US it operates two white cement plants located in Waco, Texas and York, Pennsylvania with a total capacity of 0.26Mt/yr, as well as a distribution network throughout the country, which is also used to distribute white cement imported from its partners across North America. In 2017 Cementir produced 10.3Mt of Ordinary Portland (grey) Cement and white cement, a rise of 24.6% year-on-year from 8.25Mt in 2016. The boost was delivered by the acquisition of Compagnie des Ciments Belges. Like-for-like sales volumes increased by around 1.7% year-on-year.
Cementir left the Italian market in 2017 when it sold Cementir Italia to HeidelbergCement for Euro315m. As this column commented as the time (GCW320) the deal seemed cheap given that HeidelbergCement paid Euro315m for five integrated cement plants plus extras. However, Cementir appeared to actually make a profit on Sacci which it picked up cheaply in 2016.
Now HeidelbergCement has returned the favour by selling Cementir the controlling stake in Lehigh White Cement. The German cement producer may have grumpily rubbished the sale in its press release but the language makes one wonder whether this was a quiet part of the Cementir Italia deal in 2017. The white cement industry is miniscule compared to the OPC one but HeidelbergCement has just handed even more control of it to Cementir. From Cementir’s perspective this probably seems very efficient.
US: Refractory manufacturer HarbisonWalker International has decided to close its plants at Oak Hill, Ohio and Sproul, Pennsylvania as it opens a new US$30m refractory plant at South Point, Ohio in early 2018. The closures will affect around 88 employees. Previously in 2016 the company negotiated an end to eleven months of industrial action at the Oak Hill site.
US: Germany’s Takraf has acquired the Material Handling Systems business of FMC Technologies (FMC MHS) based in Lansdale, Pennsylvania. FMC MHS provides material handling solutions to a variety of industries including mining, minerals, power and food. It also manufacturers a line of proprietary equipment for rotary drying and cooling of various materials. FMC MHS will be integrated into Takraf’s US business, located in Denver, Colorado and it will retain its office presence in Lansdale. No value has been released for the transaction.
“This acquisition brings with it a number of advantages that we seek to leverage. We identified a need to add to our equipment portfolio and this opportunity enables us to realise our strategic goals – to strengthen our position in the lighter material handling business and reinforce our growth strategy,” said Frank Hubrich, chief executive officer of Takraf. He added that FMC MHS’ product portfolio will enable the company to provide a range of equipment catering to smaller volumes and integrated in-plant conveyor solutions.”