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Sephaku Holding’s profit rises as cement prices increase

13 November 2018

South Africa: Sephaku Holding’s revenue rose by 5% to US$32.1m in the six months to 30 September 2018 from US$30.7m in the same period in 2017. Its profit nearly doubled to US$1.8m. The subsidiary of Nigeria’s Dangote Cement said that cement prices had increased in most markets. It added that competition from cement importers and grinding plants had placed pressure on its cement sales volumes in the Kwa-Zulu Natal province in the latest quarter.

Published in Global Cement News
Tagged under
  • South Africa
  • Sephaku Holdings
  • Sephaku Cement
  • Results
  • Import
  • Dangote Cement
  • GCW379

Anhui Conch IT Engineering to supply equipment and software design in smart factory project

12 November 2018

China: Anhui Conch IT Engineering has struck a deal to supply equipment and software design services to Anhui Conch’s plants as part of a smart factory project. The contract has a value of US$12.5m with previously related work over eth last year having an additional value of around US$11m. The work is intended to support the company’s aggregate project construction and enhance its production lines.

Published in Global Cement News
Tagged under
  • China
  • Anhui Conch
  • Contract
  • Anhui Conch IT Engineering
  • software
  • GCW379

Uzpromstroybank and Industrial and Commercial Bank of China discuss cement projects in Uzbekistan

12 November 2018

Uzbekistan: Representatives of Uzpromstroybank and Industrial and Commercial Bank of China (UCBC) have met to discuss investment projects in the country to boost local industrial capacity. Proposals included expanding the production capacity of Kuvasoycement’s Kuvasay plant and the construction of a new cement plant, Yaypancement, according to the Trend News Agency.

Published in Global Cement News
Tagged under
  • Uzbekistan
  • Plant
  • Upgrade
  • China
  • Investment
  • Uzpromstroybank
  • Industrial and Commercial Bank of China
  • GCW379

Eagle Cement’s sales grow by 9% to US$229m so far in 2018

12 November 2018

Philippines: Eagle Cement’s sales grew by 9% year-on-year to US$229m for the first nine months of 2018. It attributed the growth to rising cement demand in the country due to government infrastructure project, according to the Philippine Star. Its income grew by 6% to US$65.8m. The company is planning to upgrade the grinding capacity of its plant in Bulacan in 2019.

Published in Global Cement News
Tagged under
  • Philippines
  • Eagle Cement
  • Results
  • GCW379

LafargeHolcim Poland invests Euro2.5m in automated laboratory

12 November 2018

Poland: LafargeHolcim Poland has invested Euro2.5m towards setting up an automated laboratory in a new building at its Kujawy cement plant. The laboratory will be used to test and analyse the quality of raw meal, clinker and cement every hour over a 24 hour period. Results are then fed back to the control room to allow for production line modifications.

The new facticity was constructed and commissioned in less than 10 months, covering all sampling points. Setup included installing pneumatic conveyors to connect sample points to the laboratory. The longest was 0.5km.

Published in Global Cement News
Tagged under
  • Poland
  • LafargeHolcim
  • laboratory
  • Plant
  • Upgrade
  • GCW379
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