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Telestack to invest Euro5.8m in Omagh plant 28 January 2019
UK: Northern Ireland’s Telestack plans to invest Euro5.8m towards upgrading its Omagh plant. The mobile bulk material handling system producer will build a new 4180m3 plant next to its existing site. The new unit will include production lines, a research and development centre and new office premises.
“Telestack has grown rapidly over the last number of years and we have firm plans to double our revenue again in the next three and a half years. We have out-grown our current facility and we need to extend our manufacturing footprint to meet the international demand for our products. We have made a conscious decision, even in the face of Brexit uncertainty, to invest locally” said Telestack’s managing director Martin Dummigan.
Tanzania: The Tanzania Investment Centre (TIC) says construction of a new 7Mt/yr cement plant by China’s Sinoma and Hengya Cement is due to start soon. TIC executive director Geoffrey Mwambe said that the government body had provided all the necessary incentives for the US$1bn project, according to the Citizen newspaper. The TIC licence gives investors a three-year window in which to start construction, otherwise the licence revoked.
The Chinese company plans to build a cement plant with a 1200MW captive power plant. At least 70% of the cement produced at the plant will be exported and the remainder will be sold domestically. The unit is expected to create 4000 - 8000 direct and indirect jobs.
Tudela Veguín buys lime producer Caleras de San Cucao 25 January 2019
Spain: Cementos Tudela Veguín has purchased a full stake in Caleras de San Cucao, a lime producer based in Asturias, according to the La Nueva España newspaper. No value for the acquisition has been disclosed. The company operates a lime plant at Llanera and it runs two lime quarries at Agüera and Las Regueras. Cementos Tudela Veguín has a lime production capacity of 0.6Mt/yr from its Tudela Veguín plant in Oviedo.
Eurocement plans upgrades for Kavkazcement plant in 2019 25 January 2019
Russia: Eurocement is planning a second phase of upgrades for its Kavkazcement plant in 2019. These include starting to generate its own electricity, modernising its cement grinding mills, completing a maintenance campaign and moving to solely operating rotary kilns. The first phase of the upgrade project saw the plant build a slurry pipeline, construct the building for a captive power plant and purchasing monitoring equipment.
Ukrainian cement production falls slightly to 8.93Mt in 2018 25 January 2019
Ukraine: Data from the State Statistics Service shows that Ukrainian cement production fell slightly, by 1% year-on-year, to 8.93Mt in 2018 from 9.3Mt in 2017. In December 2018 production fell by 19.9% year-on-year to 0.35Mt, according to the Ukrainian News Agency. The country has 15 companies producing cement with a combined production capacity of over 20Mt/yr.