Global Cement News

Mauritius: Private Infrastructure Development Group (PIDG)’s subsidiary GuarantCo has filed an insolvency petition against Dalmia Bharat Cement’s subsidiary Calcom Cement India for the alleged non-payment of US$27.5m. The Financial Express has reported that GuarantCo was the guarantor for various loans which Calcom obtained from Indian banks in 2007. A Dalmia spokesperson has stated that the procedures are intended “to put pressure on Calcom Cement,” which “has not committed any default in making payments to GuarantCo.”

Switzerland: Holcim Switzerland has ratified a new collective labour agreement (CCL) with two unions. Finanznachrichten has reported that under the new arrangement the company’s 570 employees will be able to receive two weeks’ paid paternity leave. Lena Frank, head of personnel negotiations, stated that “the compatibility between work and family is central to equality. The new regulation is therefore an important step forward.”

India: Dalmia Bharat Cement will invest US$492m in projects to expand its cement production capacity by 8Mt/yr to 34Mt/yr from 26Mt/yr. The sum includes a consolidated investment of US$422m in brownfield developments in Eastern India to increase integrated capacity at its Rajgangpur plant in Odisha by 3.0Mt/yr, and at its Kasba plant in West Bengal by 2.7Mt/yr, to 6.6Mt/yr and 4.0Mt/yr respectively. The expansion is scheduled for completion by March 2020.

Croatia: Holcim Croatia has purchased Readymix Croatia for an undisclosed sum. The subsidiary of LafargeHolcim said that the acquisition would allow it to invest in a fourth quarry in the local market located at Vranje near Lupoglav, Istria. Its aggregates business started operating in 2006 in Ocura in Varaždin County, then in 2007 in Plovanija and in 2008 in Šumber in Istria County. The building materials company operates one integrated cement plant in the country at Koromančnoa and two ready-mixed concrete plants.

UK: GyroMetric Systems has signed an agreement to install digital monitoring equipment on a 11kV raw mill drive at Tarmac’s Tunstead cement plant in Derbyshire. Measured digital parameters will include dynamic torque across the coupling, radial displacement of the shaft (and therefore misalignment), and torsional vibrations of the drive system. The data will also provide information on the condition of the gearbox. GyroMetric Systems is controlled by Remote Monitored Systems. No value for the order has been disclosed.