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Confederation of Indian Industry lobbies government for cement bags duty reduction

14 January 2020

India: The Confederation of Indian Industry (CII) has lobbied the government in its Pre-Budget Memorandum 2020-21 over customs duties. The body is suggesting a reduction on the customs duty on packaging for use in bagging cement to 5% from 10%. There is currently no import tax on cement and duties of 5% and below on various clinker constituents.

Published in Global Cement News
Tagged under
  • India
  • Confederation of Indian Industry
  • Government
  • lobbying
  • Bagging
  • Bags
  • Import
  • Tax
  • GCW438

w&p Zement donates ABB bot to Klagenfurt Higher Technical College

14 January 2020

Austria: w&p Zement has announced that it has donated an ABB robotic arm from a laboratory at its 0.8Mt/yr Weitersdorf plant to the mechatronics department of Klagenfurt Higher Technical College (HTL). The company replaced the 10kg-capacity, 1.55m armature with a fully automated POLAB cement laboratory as part of an upgrade for Industry 4.0. w&p Zement Weitersdorf operations manager Florian Salzer said, “We are pleased that the robot will continue to be of use, increasing the quality of technical training and thus laying the foundation for training tomorrow's top specialists.” He said that the equipment is in perfect condition because of the low weight of samples for which it was used.

Published in Global Cement News
Tagged under
  • Austria
  • W&P Zement
  • ABB
  • Supply
  • school
  • Donation
  • GCW438

German Cement Georgia appoints Sustained Visions for Kaspi plant

13 January 2020

Georgia: Germany-based engineering, management and consultancy firm Sustained Visions has announced its appointment by German Cement Georgia for provision of concept development and project management services at its upcoming Kaspi plant. German Cement Georgia plans to commission the plant in early 2020.

Published in Global Cement News
Tagged under
  • Georgia
  • German Cement
  • Germany
  • Sustained Visions
  • Project
  • management
  • Consultation
  • GCW438

FTC clears Kosmos Cement’s acquisition by Eagle Materials

13 January 2020

US: Eagle Materials has received clearance from the Federal Trade Commission for its November 2019 acquisition of Kosmos Cement, which operates the 1.7Mt/yr integrated Louisville plant in Kentucky, as well as raw materials reserves and seven cement terminals, from Mexico-based Cemex and Italian Buzzi Unicem for US$665m. Eagle Materials board chair Mike Nicolais said the acquisition was ‘timely in light of our plans to separate our Heavy Materials and Light Materials businesses into two independent, publicly traded corporations.’ It will pay using existing funds and a loan withdrawn for the purpose.

Published in Global Cement News
Tagged under
  • US
  • Kosmos Cement
  • Eagle Materials
  • Italy
  • Cemex
  • Buzzi
  • Mexico
  • Acquisition
  • GCW438

UltraTech Cement power plans cleared

13 January 2020

India: The state government of Maharashtra has granted Aditya Birla Group subsidiary UltraTech Cement environmental clearance for a planned 16MW waste heat recovery (WHR) generator at its 3.6Mt/yr integrated Awarpur plant in Chandrapur district. Projects Today has reported that the state’s Environmental Impact Assessment Authority has also cleared the company’s plan to expand its Korpana coal-fired power plant in Chandrapur to 15MW from 10MW. The producer will place orders for construction contracts in February 2020.

Published in Global Cement News
Tagged under
  • India
  • Aditya Birla
  • UltraTech Cement
  • WHR
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