Displaying items by tag: Terminal

South Africa: PPC has reported that it has invested US$548,000 in the construction and installation of a pneumatic offloading facility including a 250t silo at its George Depot cement terminal in the Western Cape. The company said that this ‘allows the business to receive cement by rail, improving its turnaround to customers without compromising quality.’

Netherlands: Royal Cement Benelux, part of Royal El Minya Cement and the Sesco Group, has acquired a new 18,500m² facility in the port of Schiedam near Rotterdam. The new facility, which includes 13,500m2 combined office, storage and operating space will be the company’s second European location. Available on the premises is 160 M1 Quay, which can receive ships up to 15,000dwt.

“The opening of Royal Cement Benelux’s new Schiedam facility is an important step towards the ambition to develop the European market,” said Martin Bakker, general manager of Royal Cement Benelux. The company intends to target its white cement products from the terminal to Germany by barge, to several locations in Belgium and the Netherlands by inland rivers and to the UK by sea.

The new location is intended to be first of several expansions for the company in 2020. Royal Cement Benelux says it wants to take former business in Western Europe from CBR since it stopped white cement production. The group is also opening an Italian terminal.

Maldives: Oman-based Raysut Cement has announced that it is seeking a 75% stake in a cement terminal in the Maldives, as part of its long-term global expansion strategy.

In a disclosure filed with the Muscat Securities Market (MSM) in Oman, Raysut stated, “Raysut Cement Company wishes to inform that it is in discussions with Cementia AG of Zurich to acquire its 75% shareholding in LH Maldives Ltd, a cement terminal located at Thilafushi Island, Maldives.” Both Cementia and LH Maldives are controlled by LafargeHolcim.

Raysut Cement is also constructing a 1.0Mt/yr cement grinding plant in collaboration with MSG Group in Somaliland, internationally recognised as an autonomous region of Somalia. In September 2019 Raysut signed an agreement to set up a 1.0Mt/yr grinding plant in Duqm, Oman and is also setting up a US$200m integrated cement plant in Georgia via its UAE-based subsidiary Pioneer Cement.

UK: Cemex has entered a conditional agreement with Breedon Group for the divestment of certain UK assets, including 49 ready-mix plants, 28 aggregate quarries and a cement terminal for Euro211m including Breedon Group’s assumption of Euro27.3m lease liability. Cemex UK retains the 1.2Mt/yr Rugby cement plant in Warwickshire. Breedon Group CEO Pat Ward said, “We expect the deal to be accretive to both earnings and free cash flow in the first full year, with a positive ongoing impact on the cash generation of the enlarged Group.” Cemex CEO Fernando Gonzalez said that the transaction ‘further rebalances our portfolio into our core markets, enhances our profitability and enables us to continue to focus on deleveraging.’

The businesses being handed over also include concrete products operations, depots and asphalt plants and fall under all six of Breedon Group’s regional divisions. Ward has said the acquisitions will significantly enlarge the group’s footprint in underrepresented divisions, implying that the cement terminal in question may be the Leith terminal in Scotland or the Newport terminal in Wales, two regions in which the company currently has no terminals to receive cement produced at its 1.5Mt/yr integrated Hope cement plant in Derbyshire. Breedon Group will seek to hire employees working on the operations from Cemex and expects to bring its total UK personnel to 3600 people as a result. It says its mineral reserves will exceed 1.0Bt.

Cemex UK retains 259 concrete plants and 36 aggregates quarries and dredging operations. Cemex said it ‘will retain a substantial integrated business in the UK encompassing cement production.’

US: The attorney’s office of Harris County in Texas filed a lawsuit against Sesco for alleged public safety and environmental violations following multiple complaints to the Harris County Pollution Control Board about dust. Piles of debris in an outdoor area of Sesco’s Houston cement terminal may have caused high dust levels in and around the facility and high pH levels in water located nearby. Houston Business Journal conjectured that the stockpiles might consist of surplus cement being stored unlawfully. Sesco stands accused of operating two silos and three hoppers without proper environmental clearance. Inspections in 2019 uncovered set cement in storm drains at the facility.

Iceland: Iceland Cement has invested Euro0.1m in a specialised washboard for cement trucks. The installation includes strainers for both solids and oil. The company emphasised its social responsibility to keep the trucks, a ‘prominent feature’ in the local area, clean.

Spain: The Port Authority of Gijón granted Cemex España a 30-year concession for use of 2480m² of the El Musel terminal for unloading, storage and bagging on 20 December 2019, subject to the Mexican company’s use of the facilities for a minimum of 50,000t/yr of cement and derived products for the first two years of the arrangement, 0.1Mt/yr for the subsequent three years, and 0.15Mt/yr thereafter. La Nueva España newspaper has reported that Cemex España applied for the concession in February 2019. Its plans consist of a Euro5.0m investment in a development including two 6000t-capacity silos, a 44m crane and bagging facilities. Cemex España will take an estimated 10 months to complete the works from beginning the project in early 2020.

US: Cemex says it has agreed to sell the Kosmos Cement Company to Eagle Materials for around US$665m. The Mexican company owns a 75% stake in the company and Italy’s Buzzi Unicem manages the remainder. It expects to receive US$499m from the transaction. This will be spent on debt reduction and for general corporate purposes. The sale includes the 1.7Mt/yr Kosmos integrated cement plant in Louisville, Kentucky as well as seven distribution terminals and raw material reserves.

“This is another key milestone in achieving our ‘A Stronger Cemex’ objectives. Now, closed or announced asset sales are in excess of US$1.3bn under this program. We are pleased with the continued favourable asset-divestment dynamics in our industry,” said Fernando A Gonzalez, chief executive officer (CEO) of Cemex.

Completion of the deal is subject to regulatory approval. It is expected to complete in the first quarter of 2020.

Spain: Cementos Tudela Veguín’s new cement terminal on the El Musel North Pier of the Port of Gijón is fully constructed and licenced for operation. The terminal will serve for the reception and storage of 0.7Mt/yr of clinker for the company’s Narón grinding plant in La Coruña.

Philippines: Phinma Corporation is spending around US$50m on a new cement plant at Bataan with a production capacity of 2Mt/yr. Philcement, a subsidiary of Phinma Corp. and Seasia Nectar Port Services (SNPS), have signed a deal to take over certain construction-in-progress assets, including the usage rights to pier facilities and land currently under lease by Philcement, for a terminal for US$15.5m, according to the Philippine Daily Inquirer newspaper. Eduardo Sahagun, the president and chief executive officer (CEO) said that the company would need up to US$35m to complete the project. Once competed it will be possible to expand the unit to 4Mt/yr depending on market demand.