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14 December 2020

Fergana Yasin Qurilish Mollari’s equipment delivery completed

Uzbekistan: Suppliers have completed the delivery of equipment from China for cement production at Fergana Yasin Qurilish Mollari’s Fergana cement plant. Trend News has reported that the Uzbek-Chinese joint venture will complete the second phase of the plant’s construction in July 2021, at a cost of US$120m. As a result its capacity will rise to 2.0Mt/yr.

Published in Global Cement News
Tagged under
  • Uzbekistan
  • China
  • Plant
  • Fergana Yasin Qurilish Mollari
  • Joint Venture
  • GCW486
14 December 2020

Raysut Cement wins seven awards at Best Employer Brand Awards 2020

Oman: Raysut Cement received a total of seven awards at the Oman Best Employer Brand Awards 2020 and the Gulf Cooperation Council Best Employer Brand Awards 2020. Group chief executive officer (CEO) Joey Ghose won CEO of the Year at both the Oman and GCC awards. In the former, the company also won Best Use of Technology in the Workplace, Promoting Health in the Workplace and Training Provider of the Year. At the regional awards it won the Talent Management and Leaders of Tomorrow awards.

Acting deputy CEO Salim bin Ahmed bin Alawi Al Ibrahim said, “We operate beyond Oman - in the UAE through our subsidiary Pioneer Cement Company, in Yemen through associates and in East Africa through trading offices as well as new investments. We have also invested in Georgia and have recently acquired a terminal in the Maldives too. We will be expanding further and will be present in different parts of the world supporting infrastructure development in various geographies with Omani clinker and cement. Last year RCC acquired Sohar Cement Company and we believe that our success lies in our highly motivated, skilled and trained employees who deliver the best quality we are known for.”

Published in Global Cement News
Tagged under
  • Oman
  • Raysut Cement
  • Award
  • corporate
  • GCW486
14 December 2020

Raysut Cement inaugurates leisure facilities

Oman: Raysut Cement has inaugurated new leisure facilities at the Al Wafa Social Centre in Salalah. The company oversaw the establishment of a rehabilitation hall and hydrotherapy facility and reequipped the centre with new sports equipment.

Salalah cement plant general manager Mohammed Ahmed Aideed said, “The opening of this project comes within the company's strategy for social responsibility which covers the support for Al Wafa Social Centre in Salalah.” He added, “Today we inaugurate this project, which is one of the fruits of this strategy approved by Raysut Cement Company’s Board of Directors.”

Published in Global Cement News
Tagged under
  • Oman
  • Raysut Cement
  • community
11 December 2020

Votorantim Cimentos to merge McInnis Cement and St Mary’s Cement

Canada/US: Brazil-based Votorantim Cimentos says it has agreed to form a new 83%-owned subsidiary based in Toronto to combine the assets of McInnis Cement and St Mary’s Cement. Caisse de dépôt et placement du Québec (CDPQ), the current owner of McInnis Cement, will hold a 17% stake in the joint-venture. The group says that it will manufacture, distribute and sell building materials in the companies’ existing regions in Canada and the US.

Votorantim Cimentos said, “The company believes this transaction will result in the creation of a competitive, nimble and highly efficient business that will be better able to supply cement to customers in Canada and the US. In addition to strengthening the company’s presence in North America by expanding its current cement production capacity by 2.2Mt/yr and combining the company’s Great Lakes-focused distribution network with McInnis Holding’s complementary distribution network in Eastern Canada and the Northeastern USA, the Company anticipates the Transaction will result in substantial synergies.”

The transaction is subject to approval by regulatory authorities in Brazil, the US and Canada.

Published in Global Cement News
Tagged under
  • Canada
  • US
  • Votorantim Cimentos
  • Brazil
  • Acquisition
  • McInnis Cement
  • St Marys Cement
  • Joint Venture
  • Caisse de dépôt et placement du Québec
  • Plant
  • GCW486
11 December 2020

Pakistan Ministry of Commerce proposes energy bill cut for cement plants

Pakistan: The Ministry of Commerce has advised the government that a concessionary rate for cement companies for the supply of electricity would reduce costs and increase international competitiveness. The Business Recorder newspaper has reported that the ministry proposed the measure due to the industry’s ‘immense’ potential for exports. In the 2020 financial year, the country exported US$266m-worth of cement. The ministry said that the current government’s policies would cause this to ‘substantially’ increase.

Published in Global Cement News
Tagged under
  • Pakistan
  • Government
  • Export
  • Tax
  • Electricity
  • GCW486
11 December 2020

Chettinad Cement offices raided by tax office

India: Tax authorities have raided 10 offices of Chettinad Cement and its subsidiaries in Telangana and Andhra Pradesh. The Times of India newspaper has reported that the officers are investigating allegations of tax evasion.

Published in Global Cement News
Tagged under
  • India
  • Chettinad Cements
  • Investigation
  • Tax
  • Telangana
  • Andhra Pradesh
  • GCW486
11 December 2020

Saudi Arabian cement sales rise by 17% in November 2020

Saudi Arabia: Domestic cement sales in November 2020 were 4.8Mt, up by 17% year-on-year from November 2019. Mubasher News has reported that Saudi cement exports fell by 6% to 179,000t from 192,000t. Clinker exports rose by 85% to 490,000t. The national clinker inventory fell for a seventh consecutive month, to 38Mt.

In November 2020 Saudi Arabia produced 5.0Mt of cement and 4.3Mt of clinker.

Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Sales
  • data
  • Export
  • Production
  • inventory
  • GCW486
11 December 2020

Larsen & Toubro wins 90 Komatsu mining equipment supply contracts

India: Larsen & Toubro has secured 90 contracts for the supply of Komatsu mining equipment to industrial companies, including various cement producers. The company says that the contracts include 66 orders for Komatsu dump trucks, 15 Komatsu wheel loaders and seven units of Komatsu hydraulic excavators.

Managing director and chief executive officer (CEO) Sekharipuram Narayanan Subrahmanyan said, “We are delighted to receive these orders from our valuable customers, across various sectors, which is a strong indication of the revival taking place in the mining industry, driven by the progressive and supportive policies of the government of India.”

Published in Global Cement News
Tagged under
  • India
  • Larsen & Toubro
  • Komatsu
  • Order
  • vehicle
  • GCW486
10 December 2020

FLSmidth details clinker line order from Bursa Çimento

Turkey: Denmark-based FLSmidth has released details about a new clinker production line it is currently supplying to Bursa Çimento. Work at the site is underway at present covering the line from crushing to clinker cooling. The new line is scheduled to start at the end of 2022. FLSmidth says the equipment it is supplying includes a Hotdisc Combustion Device, which will help increase the substitution rate to 86%, the highest in Turkey. The order also includes an OK Raw Mill, a Rotax-2 kiln, Pfister feeders and new air pollution process filters.

"The modernisation of our Bursa site is a strategic investment, providing us with a more competitive cost base,” said Osman Nemli, General Manager at Bursa Çimento. “But just as important is the entire upgrade which focuses on reducing emissions and power consumption. In this way, we are proactively mitigating future possible environmental regulation."

Published in Global Cement News
Tagged under
  • Türkiye
  • FLSmidth
  • Plant
  • Upgrade
  • Denmark
  • Bursa Çimento
  • GCW486
10 December 2020

Lanwa Sanstha Cement’s Hambantota cement plant on course for June 2021 commissioning

Sri Lanka: Lanwa Sanstha Cement says that its upcoming 2.4Mt/yr Hambantota cement plant is on schedule for commissioning in June 2021. The total investment in this first phase of the project is US$70m. The Daily News newspaper has reported that the second phase of the project will consist of an expansion of the plant’s production capacity to 3.6Mt/yr at an additional cost of US$10m. Germany-based Gebr. Pfeiffer and Siemens have supplied the plant’s production equipment, while Denmark-based FLSmidth is supplying its packaging equipment.

Chair Nandana Lokuwithana said, “This facility will serve to benefit the construction industry tremendously by delivering products of premium quality to the market. The plant is the first of its kind in Sri Lanka to use cutting-edge European technology to yield optimum outcomes while being environmentally conscious through continuous monitoring.”

Published in Global Cement News
Tagged under
  • Sri Lanka
  • Lanwa Sanstha Cement
  • Plant
  • Germany
  • Gebr Pfeiffer
  • Siemens
  • Denmark
  • FLSmidth
  • GCW486
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