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International Finance Corporation expresses renewed interest in ARM Cement

28 September 2018

Kenya: The International Finance Corporation (IFC) says it is still considering investing in ARM Cement after it entered administration in late August 2018. IFC Kenya Country Manager Manuel Moses said that the World Bank institution was waiting for the outcome of the administration process to complete to see if a ‘good proposal’ would emerge, according to the Standard newspaper. Moses made the comments while unveiling the IFC’s investments in Sub-Saharan Africa in 2018.

The Kenya cement producer has been placed into admiration for 12 months to attempt to solve its debt problems. The IFC was previously set to take over loans worth US$120m at ARM Cement in July 2018 and was also interested in an equity stake.

Published in Global Cement News
Tagged under
  • Kenya
  • International Finance Corporation
  • World Bank
  • ARM Cement
  • Investment
  • GCW373

Cimencam assures government that Nomayos grinding plant will start in early 2019

28 September 2018

Cameroon: Cimencam has assured Ernest Gbwaboubou, the Minister of Mines, Industry and Technological Development, that the first bag of cement will be despatched from the Nomayos grinding plant in the first quarter of 2019. The comments were made during a visit by Gbwaboubou to the unit, according to Business in Cameroon magazine. The minister also noted that the compensation process for residents affected by a power line to the plant had yet to be completed.

The new plant will have a production capacity of 0.5Mt/yr. The project has an investment of around US$40m. The plant will source pozzolans from a quarry at Foumbot.

Published in Global Cement News
Tagged under
  • Cameroon
  • CIMENCAM
  • grinding plant
  • Government
  • Quarry
  • LafargeHolcim
  • GCW373

Cementos Portland Valderrivas’ Alcalá de Guadaíra plant updates environmental standard

28 September 2018

Spain: Cementos Portland Valderrivas’ (CPV) Alcalá de Guadaíra plant near Seville has updated its environmental standard. It uses an integrated environmental management system, based on the UNE-EN ISO 14001: 2015 standard and the European regulation on eco-management and eco-auditing (EMAS) CE No. 1221/2009, modified according to regulation (EU) 2017 / 1505. The plant has been certified since 2004 but this was updated to the new version of the standard in mid-2018.

The plant also uses a health and safety management system certified since 2009 according to 18.001: 2007 OHSAS. The unit reported that it had no accidents to the end of August 2018.

Published in Global Cement News
Tagged under
  • Spain
  • Cementos Portland Valderrivas
  • Plant
  • Standards
  • Environment
  • health & safety

GCCM Holdings orders ship unloader from Siwertell

28 September 2018

US: GCCM Holdings has ordered a ship unloader from Siwertell for a terminal in Corpus Christi, Texas. The Siwertell ST 640-M unit will have a continuous rated cement-handling capacity of 1500t/hr and will be able to unload ships of up to 60,000dwt. The unloader is currently being built and will be delivered fully assembled by heavy-lift ship to the port. Siwertell will supervise its commissioning and the unit is expected to start operation in the third quarter of 2019.

Published in Global Cement News
Tagged under
  • US
  • GCCM Holdings
  • Siwertell
  • Texas
  • Port
  • shiploader
  • GCW373

VDZ president Christian Knell warns of cost of climate change mitigation to cement industry

27 September 2018

Germany: Christian Knell, the president of the German Cement Works Association (VDZ), has warned that meeting climate change goals was leading to ‘considerable’ costs for the cement industry. He said that ‘suitable boundary conditions would have to be created’ for climate change issues and noted that on-going trends in European emissions trading and the ‘rapidly’ increasing price of CO2 were leading to mounting costs. “To be able to realise our efforts in terms of climate protection and at the same time not lose competitiveness, we need research policy-related support for our investment in breakthrough technologies and the corresponding demonstration projects,” said Knell.

Knell made the comments during the opening ceremony of the 8th International VDZ Congress 2018 in Duesseldorf. He identified climate protection and digitalisation as key issues for the future of the industry.

Published in Global Cement News
Tagged under
  • Germany
  • VDZ
  • Conference
  • CO2
  • digital
  • GCW373
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