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Anhui Conch expects profit boost for first half of 2018

10 July 2018

China: Anhui Conch expects that its profit will double year-on-year for the first half of 2018. The company reported an unaudited net profit of US$1.01bn in the first half of 2017. It has attributed the growth in profit to a ‘significant’ increase in the price of its products and an increase in revenue. The cement producer plans to release its half year report by the end of August 2018.

Published in Global Cement News
Tagged under
  • Anhui Conch
  • Results
  • Forecast
  • Profit
  • GCW361

Jaiprakash Associates wins US$415m order in Jammu & Kashmir

09 July 2018

India: Jaiprakash Associates has secured an order worth US$415m from Chenab Valley Power Projects. The deal is to build a diversion tunnel and concrete face dam for a hydroelectric project in Jammu and Kashmir, according to the Economic Times newspaper. The company is currently attempting to sell its remaining cement production assets to ACC.

Published in Global Cement News
Tagged under
  • India
  • Jaiprakash Associates
  • Order
  • Jammu & Kashmir
  • GCW361

Birla White to launch four new products by 2020

09 July 2018

India: Birla White, a subsidiary of UltraTech Cement, plans to launch four new products by 2020. Research and development for the new products is underway at present, according to the Hindu newspaper. The white cement producer is also planning to increase its exports to 10% of its total volume by 2023. At present it exports 3% of its total volume. The company operates one cement plant at Rajashree Nagar in Rajasthan.

Published in Global Cement News
Tagged under
  • India
  • Birla White
  • UltraTech Cement
  • White cement
  • Export
  • Rajasthan

Cemtech Sanghi cement plant project stuck in limbo

09 July 2018

Kenya: Construction of the Cemtech Sanghi cement plant in West Pokot has not started since the project was announced in 2010. The US$120m unit was launched by Indian investors and given rights to mine limestone and produce cement, according to the Standard newspaper.

Published in Global Cement News
Tagged under
  • Kenya
  • Plant
  • Cemtech Sanghi Group
  • India

Irish Cement fined for dust emissions

09 July 2018

Ireland: Irish Cement has been fined for dust emissions at its Limerick plant. The subsidiary of CRH was convicted by a local court of breaching its industrial emissions licence in April and May 2017 due to ‘fugitive dust emissions,’ according to the Limerick Leader newspaper. The cement producer pleaded guilty to the charges brought by the Environmental Protection Agency (EPA) and it has been fined Euro1250.

During the court session it was revealed that on one of the days of the dust emissions there were dry conditions with a north-easterly wind that exacerbated the situation. There was also a dust leak as a result of a missing bolt from one of the chutes in a clinker silo as well as a number of infrastructural issues. Irish Cement says it has implemented a number of remedial measures such as replacing the missing bolt and replacing gravel around the site with grass or concrete. It has also conducted a risk-assessment of the whole site. The producer committed a similar offence in 2006.

Published in Global Cement News
Tagged under
  • Ireland
  • Irish Cement
  • CRH
  • Environmental Protection Agency
  • Emissions
  • Dust
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