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05 November 2019

Siemens announces new Simotics HV M slipring motor

Germany: Siemens has announced what it calls a ‘plant lifetime-increasing’ Simotics HV M slipring motor for mills, crushers, conveyors or fans. The 4.5MW motor fills the gap in Siemens’ slipring range with powers between 0.5MW and 8.2MW. The product uses Global Vacuum Impregnation Technology to increase reliability, giving maximum plant reliability. Siemens Large Drives Applications CEO Hermann Kleinod said “The motors can be easily integrated using 3D-model data.”

Published in Global Cement News
Tagged under
  • Germany
  • Siemens
  • Product
  • Supplier
  • GCW430
04 November 2019

Semen Indonesia reports nine-month results

Indonesia: Semen Indonesia has reported revenues of US$2.00bn in the nine months to 30 September 2019, up by 31% from US$1.53bn in the corresponding period of 2018. The Group’s acquisition of Holcim Indonesia in February 2019 expanded its domestic cement production capacity to 39.4Mt/yr, which it says has bolstered its competetiveness against importers in a crowded domestic market.

The company recorded US$91.7m in profit over the period, down by 38% year-on-year from US$148m as its foreign sections failed to grow.

Published in Global Cement News
Tagged under
  • Indonesia
  • Semen Indonesia
  • Results
  • Export
  • Holcim Indonesia
  • GCW430
04 November 2019

CRH completes Europe Distribution divestment

Ireland: CRH has concluded a deal with an unspecified party for the sale of CRH Europe Distribution for Euro1.64bn. The Financial Times reported in July 2019 that private equity funds managed by American-based Blackstone would buy the company’s European distribution division. CRH will reportedly use the proceeds of sale for future acquisitions including its own share buyback programme.

Published in Global Cement News
Tagged under
  • Ireland
  • CRH
  • Europe
  • Distribution
  • Sale
  • GCW430
04 November 2019

Pakistani cement production grows 9.2% year-on-year in October

Pakistan: The All Pakistan Cement Manufacturers’ Association has released figures showing a total cement output of 4.98Mt in October 2019, up by 9.2% from 4.56Mt in October 2018. Business Recorder recorded that this is a national record for monthly despatches; the second month of growth following year-on-year falls in July and August 2019. Exports continued to rise, to 0.79Mt, up by 28% from 0.62Mt in October 2018.

Published in Global Cement News
Tagged under
  • Pakistan
  • volumes
  • Export
  • GCW430
04 November 2019

Safety-conscious Cemex welcomes Mayor of London at its Stepney concrete plant

UK: The Mayor of London visited Mexican-based Cemex’s Stepney readymix concrete plant to launch a road safety initiative along with Transport for London (TfL) and London Councils. The initiative consists of a ratings scheme of up to five stars for in-cabin vision for heavy goods vehicles (HGVs), with a ban on zero-star vehicles inside of Greater London. The regulation comes into effect in November 2020, before which time HGV operators may install a ‘Safe System’ consisting of sensors and noise alerts, in order to apply for a Safety Permit to keep their vehicles on the roads.

Published in Global Cement News
Tagged under
  • UK
  • Mexico
  • Cemex
  • Government
  • vehicle
  • Safety
  • Regulations
  • GCW430
01 November 2019

Dangote Cement announces nine-month results 2019

Nigeria: Over a nine-month period to 30 September 2019 in which Dangote Cement increased its volumes by 1.1% to 18.0Mt from 17.8Mt in the corresponding period of 2018, earnings before interest, taxes, depreciation and amortisation (EBITDA) for Africa’s largest cement producer fell by 1.6% year-on-year to US$0.84bn from US$0.85bn. Group CEO Joe Makoju noted a year-on-year 0.6% increase in Nigerian volumes to 10.8Mt from 1.07Mt, as well growth in Tanzania and good sales in Senegal, as helping to offset ‘economic and operating challenges in key territories such as Ethiopia and South Africa.’

Dangote identified its Seven Sustainability Pillars for management as enabling it to realise its commitment to increasing value for all stakeholders. This may have contributed to its ranking second in Sub-Saharan Africa in Forbes’ Global 2000 World’s Best Employers.

Published in Global Cement News
Tagged under
  • Nigeria
  • Dangote Cement
  • Results
  • GCW430
31 October 2019

Empresa Colombiana de Cementos Sonson plant enters production

Colombia: Empresa Colombiana de Cementos (EcoCementos), a 50-50 joint venture between Colombian multinational Organizacion Corona and Spanish-based Cementos Molins, has announced the start of production at its new 1.5Mt/yr integrated cement plant at Sonson, Antioquia province. The plant, which was constructed with an investment of US$380m, mines limestone from its own quarry and will produce Alion brand cement for the Colombian market. The unit is increases Cementos Molins’ first in Columbia. It already produces and trades cement via its subsidiaries in Argentina, Bolivia and Uruguay.

Published in Global Cement News
Tagged under
  • Colombia
  • Organizacion Corona
  • Cementos Molins
  • Empresa Colombiana de Cementos
  • Plant
  • commissioning
  • Argentina
  • Bolivia
  • Uruguay
  • GCW430
31 October 2019

Afcham China National Consortium Material Company eyes Cameroon for 0.5Mt/yr integrated cement plant

Cameroon: The Chinese-based Afcham China National Consortium Material Company has signed a memorandum with the Kribi Industrial Cement Plant Company (CmIKri) for the construction of an integrated cement plant with a capacity of over 0.5Mt/yr, and the possibility of an extension to 1.5Mt/yr, in the port of Kribi. The installation, spanning 30ha, will include shipping facilities and an 18,000t clinker silo, and cost US$60m.

Published in Global Cement News
Tagged under
  • Cameroon
  • CMIKRI
  • China
  • Afcham China National Consortium
  • Port
  • Plant
  • agreement
  • GCW430
31 October 2019

Cementos Molins results show revenue, EBITDA and profit growth

Spain: Cementos Molins’ nine-month income rose by 8.0% year-on-year to Euro594m from Euro550m in the corresponding period of 2018. Its earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by 6.3%. Its South American subsidiaries’ sales and EBITDA outstripped those in other regions. The company’s consolidated net profit for the period rose by 9.7% to Euro70.2m from Euro64.0m in 2018.

Published in Global Cement News
Tagged under
  • Spain
  • Cementos Molins
  • Results
  • GCW430
31 October 2019

Obu Cement prepares for CCNN merger

Nigeria: Obu Cement and Cement Company of Northern Nigeria (CCNN), both subsidiaries of BUA Group, are set to merge. Abdul Samad Rabiu, founder and executive chairman of BUA Group, said that the merger ‘marks the culmination of the first phase of the BUA mid-term strategic plan,’ which aims at deepening the domestic cement market and enhancing industry growth.

Rabiu stated that the completion of the 3Mt/yr integrated Sokota Kalambaina II cement plant and a 48MW power station, construction of which began in 2018, has been scheduled for the second half of 2020. In addition to its four existing plants, this will bring the group’s total integrated cement production capacity to 11Mt/yr.

Published in Global Cement News
Tagged under
  • Nigeria
  • BUA Group
  • Obu Cement
  • CCNN
  • Merger
  • GCW430
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