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Ramco Cements raises US$60.9m through bonds sale

29 March 2023

India: Ramco Cements has accepted bids worth US$60.9m for bonds maturing in four years, in four years and six months and in five years. Reuters has reported that the two shorter maturity bonds are each worth US$18.2m, while the five-year maturity bond is worth US$24.3m.

Published in Global Cement News
Tagged under
  • India
  • Ramco Cement
  • corporate
  • bond
  • GCW601

Kasanga port to expand capacity

29 March 2023

Tanzania: Tanzania Ports Authority (TPA) plans to expand the capacity of the 54,000t/yr port of Kasanga on Lake Tanganyika in Rukwa Region. Mbeya Cement Company exports 42,000t/yr of cement via its terminal at the port to the Democratic Republic of Congo and Zambia. The port has been undergoing a US$1.92m upgrade to raise its berths due to rising water levels in Lake Tanganyika since April 2019.

The port of Kasanga generates revenues of US$34,200/yr for the TPA, primarily from Mbeya Cement Company’s export operations.

Published in Global Cement News
Tagged under
  • Tanzania
  • Tanzania Ports Authority
  • Port
  • Capacity
  • GCW601
  • Shipping
  • Mbeya
  • Terminal
  • Democratic Republic of Congo
  • Zambia
  • Export

Malabar Cements launches new dry mix

29 March 2023

India: Malabar cement has announced the launch of a new dry mix for plastering buildings. The Hindu newspaper has reported that the mix consists of dried sand and cement. It is available in 40kg bags.

Published in Global Cement News
Tagged under
  • India
  • Malabar Cements Limited
  • Product
  • Launch
  • GCW601
  • dry mix

Hanson gains nuclear sector supplier status in the UK

29 March 2023

UK: Hanson says it has become one of the first companies in the UK to be certified to the new ISO 19443 standard, for companies supplying products and services that are important to nuclear safety. The subsidiary of Germany-based Heidelberg Materials is a supplier to the nuclear sector and is currently working with three of the delivery teams on the Hinkley Point C (HPC) project.

Stewart Cameron, head of nuclear at Hanson UK said “It has taken our HPC team a year to complete the ISO 19443 process.” He added, “Although it is not a requirement for our supplies to the project, it recognises the efforts we make – and helps others understand – why nuclear needs to be different.”

Published in Global Cement News
Tagged under
  • UK
  • Hanson
  • Heidelberg Materials
  • ISO
  • Standards
  • certification
  • nuclear
  • GCW601
  • Infrastructure

Intercem Engineering celebrates 20th anniversary in April 2023

29 March 2023

Germany: Intercem Engineering is set to celebrate its 20th anniversary on 14 April 2023. The group was originally founded over 50 years ago when it started by selling used machines to the cement industry. Anther subsidiary, Intercem Installation, was founded in 2007.

At present, Intercem Group consists of Intercem Engineering, Intercem Installation, both based in Oelde in Germany, and Intercem Cement, based in Zug in Switzerland. The company’s production plant is also located in Oelde. The three companies are wholly-owned subsidiaries of the Switzerland-based Intercem Holding. The group currently employs around 50 people, mainly engineers and technicians.

Intercem offers services in cement plant construction from a single source. This ranges from individual components to upgrades of existing plants up to complete cement plants. It exports around 80% of its services with its main sales markets in West Africa, France, Sweden and Germany.

Published in Global Cement News
Tagged under
  • Germany
  • Intercem Engineering
  • Intercem
  • Anniversary
  • Switzerland
  • GCW601
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