Displaying items by tag: US

Argentina/US: US law firm Howard G Smith has filed a class action lawsuit against Argentina’s Loma Negra on behalf of investors that purchased securities in the company’s initial public offering (IPO) in late 2017. The legal complaint alleges that the cement producer misled investors by: misrepresenting Loma Negra's exposure to a corruption scandal affecting its owner, Brazil’s InterCement; misrepresenting demand for Loma Negra’s products; misrepresenting the general state of the Argentine economy; and including references to known potential risks that had already happened.

Loma Negra launched its IPO in November 2017. Since then cement sales in Argentina have fallen year-on-year in the second half of 2018 and the general economy has floundered. The local competition body, the National Commission for Protection of Competition, also started an investigation into alleged collusion and coordinated behaviour in the cement industry in May 2018

Australia: Research by the Global Carbon Budget (GCB) forecasts that CO₂ emissions will grow by 2.7% year-on-year to a 37.1 ± 2 Gt CO₂ in 2018. This follows a rise of 1.6% to 36.2Gt after a three-year hiatus with stable global emissions. The 2018 forecast is based on preliminary data for the first 6 – 9 months indicate a renewed growth in fossil CO₂ emissions based on national emission projections for China, the US, the European Union (EU) and India and projections of gross domestic product corrected for recent changes in the carbon intensity of the economy for the rest of the world.

In 2017 the GCB estimates that cement sector constituted 4% of global fossil CO₂ emissions, a rise of 1.2% from 2016. Emissions are expected to grow by 4% in China in 2018, in part due to a 1% rise in cement production. In the EU emissions are projected to fall by 0.7% with stable cement sector emissions. In India emissions are forecast to increase by 6.3% with a 13.4% rise in cement sector emissions.

Fossil CO₂ emissions are based on energy statistics and cement production data. The research makes its estimate of emissions from the cement industry using a method adapted from a paper published by Robbie M Andrew of Norway’s CICERO Center for International Climate Research in 2017.

US: France’s Fives has opened a new sales office for its cement and minerals businesses. The new location is intended to better address the US market to promote FCB technologies and services for the cement and minerals industries, in the fields of equipment, systems, revamping and complete line projects.

US: The Portland Cement Association (PCA) has elected Tom Beck, president of Continental Cement Company, as the chairman of the PCA board of directors in 2019. Ron Henley, president of GCC of America, was elected vice chairman at a PCA board meeting in late October 2018. Beck takes over the PCA board chairmanship role from Allen Hamblen, president and chief executive officer (CEO) of CalPortland Company.

A past chairman of the American Concrete Pavement Association, Beck served as Senior Vice President at Continental Cement from 1996 to 2013, and held a variety of positions with Holnam from 1987 to 1996. Prior to joining GCC of America, Henley was President of Boral Construction Materials. He is also a board member of the Denver Scholarship Fund.

US: Lehigh Cement has applied to the Pennsylvania Department of Environmental Protection to expand the quarry at its Nazareth cement plant. It wants to increase its mining area by a third to 112 hectares from 84 hectares according to the Express-Times newspaper. A public consultation period on the application will run until late December 2018.

US: Mississippi Lime Company plans to ‘significantly’ increase enhanced hydrated lime capacities at its Weirton, West Virginia and Verona, Kentucky plants. It also manufactures hydrated lime products from its Ste Genevieve, Missouri, Vicksburg, Mississippi and Chester, South Carolina operations. The company produces high calcium quicklime, hydrated lime and calcium carbonate.

Pakistan: GE says it has delivered a turnkey power grid to DG Khan Cement’s Hub plant in Baluchistan. The grid includes a 132/6.3kV gas-insulated switchgear (GIS), 40MVA power transformers and other related auxiliary equipment. The power solution also includes an extension at K-Electric’s Hub Chowki grid station with a 132kV AIS bay connecting it to the DG Khan Cement grid station. GE also supplied engineering, procurement and construction (EPC) of the 132/6.3kV grid station.

“As one of the largest cement producers in Pakistan, our aim is to create a facility for the future, not only to meet local demand but also to serve the international market. To support these efforts, we needed a field-proven stable and reliable grid solution and therefore after thorough evaluation we selected GE’s solutions. Given GE’s experience spanning across a wide range of industries and applications, we are pleased to work with the team on this critical project,” said Arif Bashir, Director (Tech & Ops) at DG Khan Cement.

DG Khan Cement officially opened the Hub plant in July 2018. The unit has a cement production capacity of 2.8Mt/yr.

US: LafargeHolcim has received American Petroleum Institute (API) certification to produce oil well cement at its Holcim Theodore plant in Alabama plant. It says it is one of only four cement plants in the country with an API 10A Monogram and Q1 Quality Management System. Production of Class A oil well cement will start immediately at the site and the company plans to add Class H production in the future.

In order to earn the certification, LafargeHolcim spent more than a year in a process of investing in additional testing equipment, developing a quality management system, conducting internal audits and passing an audit by the API. Oil well cement is designed to meet demanding requirements. It is continuously tested for chemistry, thickening time, fluid loss, free fluid, rheology and compressive strength.

Production at the company’s Theodore plant will complement LafargeHolcim’s ability to maintain a consistent supply of oil well cement to customers in the Gulf region and beyond. The company also produces API A and H well cements at its Joppa cement plant in Illinois.

US: Illinois Cement is preparing to expand the limestone quarry at its La Salle plant. The company has submitted plans to the local government to build a new quarry to the west and northwest of its existing mine, according to the News tribune newspaper. It also wants to move a road to support the changes. The existing quarry will be closed. The cement producer has held public consultations on the project and the local authorities are considering the plan.

US: Munson Machinery has released a new model, RDC-2424-MS, of its De-Clumper Rotary Lump Breaker. The product is recommended for breaking lumps in product flows of bulk materials such as cement powders, sodium or calcium carbonates, fertilisers and bulk chemicals of all types.

The manufacturer says that the compact, low profile design allows inline placement in restricted spaces between upstream and downstream processing, packaging or bulk storage equipment. With an optional feed hopper and support structure, it can also operate as a stand-alone unit. It is built with maintenance in mind. For example, bearings can be lubricated through external fittings and are isolated from the product processing area with air purged shaft seals. Suitable for industrial and chemical applications, it is also offered in 304/316 stainless steel and finished to sanitary standards for food, dairy, pharmaceutical or industrial applications.