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23 January 2018

Big Boss Cement appeals against investment board rebuff

Philippines: Big Boss Cement has appealed against a decision by the Board of Investment (BOI) denying its application for registration because it lacked ‘proof of concept’. Big Boss’ president Gilbert Cruz said that the new cement company’s application was turned down in 2017 because it was not producing clinker, according to the Manila Bulletin newspaper. It plans to open a cement grinding plant in Pampanga in March 2018.

Published in Global Cement News
Tagged under
  • Philippines
  • Big Boss Cement
  • Board of Investments
  • grinding plant
  • appeal
  • Government
23 January 2018

Entreprise des Ciments et Dérivés d’El Chellif to open new production line in June 2018

Algeria: Entreprise des Ciments et Dérivés d’El Chellif (ECDE) plans to open a new 2Mt/yr production line at its plant in Chlef in June 2018. The project covers an area of 15ha and has been presented as a new cement plant, according to the El Watan newspaper. Overall the new line will increase the plants production capacity to 4Mt/yr. The company plans to increase its exports to make a return on its investment.

Published in Global Cement News
Tagged under
  • Algeria
  • Entreprise des Ciments et Dérivés d’El Chellif
  • Plant
  • Upgrade
  • GCW337
23 January 2018

Ciments de Bizerte cement and lime deliveries rise by 3% to 0.63Mt in 2017

Tunisia: Ciments de Bizerte’s cement and lime deliveries rose by 3% year-on-year to 0.63Mt in 2017 from 0.61Mt in 2016. Overall the cement producer’s turnover increased by 3.74%, according to African Manager. It reported a total turnover of US$25m in 2016. Upgrade work to the plant’s wharf is expected to increase exports in 2018 as well as receives petcoke supplies.

Published in Global Cement News
Tagged under
  • Tunisia
  • Ciments de Bizerte
  • Results
  • Export
  • GCW337
23 January 2018

Fairport Engineering awarded corporate social responsibility rating

UK: Fairport Engineering has been awarded a corporate social responsibility rating. The accreditation provides a measure of the engineering company’s corporate citizenship and its business practices. In the cement sector Fairport offers a number of systems including materials handling, bulk raw material intake and processing to clinker grinding, and blending, cement storage, packing and palletising.

Published in Global Cement News
Tagged under
  • UK
  • Fairport Enginerring
  • Award
  • corporate social responsibility
22 January 2018

PPC reschedules debt from cement plant in Democratic Republic of Congo

Democratic Republic of Congo: South Africa’s PPC has agreed with its lenders to reschedule debts from the construction of a cement plant in Democratic Republic of Congo (DRC). The cement producer said that the total capital requirements for the DRC plant will now be limited to interest payments from January 2018 until January 2020, according to Reuters. The debt renegotiation has included an extension of the repayment period by an additional two years and a change to the interest rate.

PPC Barnet DRC is 69% owned by PPC, 21% owned by Barnet Group and the remaining 10% is owned by the International Finance Corporation (IFC). The plant is 60% debt funded by the IFC and Eastern and Southern African Trade and Development Bank.

Published in Global Cement News
Tagged under
  • Democratic Republic of Congo
  • PPC
  • Plant
  • Debts
  • International Finance Corporation
  • Barnet
  • South Africa
  • GCW337
22 January 2018

Jaiprakash Associates narrows net loss in third quarter

India: Jaiprakash Associates has narrowed its loss to US$23m in the third quarter of its financial year from US$171m in the same period in 2016. Despite this its income fell by 30% year-on-year to US$178m from US$258m, according to the Press Trust of India. The company has sold its assets, including a large number cement plants to UltraTech Cement, to reduce debt.

Published in Global Cement News
Tagged under
  • India
  • Jaiprakash Associates
  • Results
  • UltraTech Cement
19 January 2018

French cement market grew by 3 - 4% in 2017

France: Bénédicte de Bonnechose of the Syndicat Français de l’Industrie Cimentière (SFIC), the French cement union, says that the market is expected to have grown by 3 - 4% in 2017. Cement consumption reached 17.5Mt in 2016, according to the Agence France Press. De Bonnechose described the growth as a ‘sharp signal’ that the French cement industry was recovering following hitting its lowest levels since the 1960s.

Published in Global Cement News
Tagged under
  • France
  • Consumption
  • Syndicat Français de l'industrie Cimentière
  • GCW337
19 January 2018

Syndicat Français de l’Industrie Cimentière launches start-up collaborator

France: Syndicat Français de l’Industrie Cimentière (SFIC), the French cement union, has launched Cement Lab, an initiative intended to connect startup companies to the cement industry. Bénédicte de Bonnechose, president of the SFIC, unveiled the project that will link new companies, industry and academia at Station F, a business incubator for startup located at the former Halle Freyssinet railway depot in Paris. Startups featured at the event included Combo Solution, 360 Smart Connect, XtreeE, Smart Cast and Red Bird, who are offering a drone-based method for mine and quarry visualisation.

Published in Global Cement News
Tagged under
  • France
  • Syndicat Français de l’Industrie Cimentière
  • startup
  • GCW337
19 January 2018

Court sets date for end of Zambezi Portland Cement case

Zambia: The High Court of Zambia has set 25 February 2018 as the date it will hand down a judgement on a case involving Zambezi Portland Cement (ZPC) between businessman Rajan Mahtani and the Vetriglia family. The case concerns a battle over the shares and management of the company between Mahtani and members of the Vetriglia family, according to the Times of Zambia. Mahtani originally attempted to close the company in 2015 but the original owners resisted the attempt. However, Mahtani maintains that he holds a majority share in the cement producer.

Published in Global Cement News
Tagged under
  • Zambia
  • Zambezi Portland Cement
  • Legal
19 January 2018

Cement exports to Haiti from Dominican Republic wane

Haiti: Cement exports from the Dominican Republic to Haiti have fallen significantly following an import ban introduced in October 2015. Data from the Adocem, the cement association of the Dominican Republic, shows that almost a third of cement produced in the country was exported to Haiti, according to Diario Libre. However this fell to 16.1% by November 2017. Local cement production is 4.77Mt with 3.82Mt sold domestically and the rest exported.

Published in Global Cement News
Tagged under
  • Haiti
  • Dominican Republic
  • Export
  • ADOECM
  • Production
  • GCW337
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