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Caribbean Cement takes out US$3bn loan to pay off debts

12 December 2018

Jamaica: Caribbean Cement has taken out a five-year loan for US$3bn from the National Commercial Bank Jamaica to repay debt. It also said that some of the loan would be used for general corporate purposes, according in the Gleaner newspaper. The cement producer is also planning to expand its gypsum and limestone operations at two sites but it is unknown if the new borrowing will be used to fund this. The latest loan follows a US$102m loan from its parent company, Cemex España in June 2018.

Published in Global Cement News
Tagged under
  • Jamaica
  • Caribbean Cement
  • Loan
  • National Commercial Bank Jamaica
  • Cemex
  • GCW383

Salonit Anhovo details Euro10m upgrade project

12 December 2018

Slovenia: Salonit Anhovo has spent Euro10m towards upgrades at its Anhovo cement plant. Most of the funding went towards automation and environmental works, according to the Slovenian Press Agency. The unit built new cement silos, set up devices to reduce NOx emissions, purchased new machinery for its quarry, reduced noise levels and upgraded its business information system. The company has also started to replace asbestos roofing on an old building and started demolishing disused buildings. These two last projects are valued at around Euro3m and are expected to be completed by the end of 2020.

Published in Global Cement News
Tagged under
  • Slovenia
  • Salonit Anhovo
  • Plant
  • Upgrade
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MPA publishes sustainable development report 2018

12 December 2018

UK: The MPA has released its Sustainable Development Report 2018 covering the performance of the local cement industry to 2017. Key indicators include a alternative fuels co-processing rate of 43.8% in 2017 compared to 39.2% in 2016. This is the second highest rate since 2010, just below 44% in 2013. It reported CO2 emissions from calcination (process emissions) of 465kgCO2/tPCe, a slight increase from 2016. Emissions of NOx, SO2 and particulate matter all fell or remained stable. Cement production from MPA members remained stable at 9.4Mt in 2017.

Published in Global Cement News
Tagged under
  • UK
  • MPA
  • Sustainability
  • Report
  • GCW383

Holcim Deutschland’s Lägerdorf cement plant wins training award

12 December 2018

Germany: Holcim Deutschland’s Lägerdorf cement plant has won a training award from the Chamber of Industry and Commerce (IHK). Peter Krohn of the IHK praised the plant’s quality of training, focus on younger people and attention to worker development. Holcim Deutschland employs around 2100 people in Germany and the Netherlands. Around 40 young people are undergoing training at Lägerdorf in various engineering and mechanical disciplines.

Published in Global Cement News
Tagged under
  • Germany
  • Holcim Deutschland
  • LafargeHolcim
  • training
  • Award
  • Plant
  • GCW383

Huaxin Cement to build plant for Holcim Philippines

11 December 2018

Philippines: China’s Huaxin Cement is preparing to sign a US$245m engineering, procurement and construction (EPC) contract with Holcim Philippines to build a new production line at its Davao plant. The Kalayaan 2 project includes a 6000t/day clinker production line, a 7MW waste heat recovery unit and upgrades to a 3000t/day production line. The contract follows a previous project between the companies on a mill at the plant.

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  • Huaxin Cement
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  • LafargeHolcim
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