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Cementos Argos preserves place in Dow Jones Sustainability Index 14 September 2018
Colombia: Cementos Argos has been ratified for the sixth consecutive year as a member of the Dow Jones Sustainability Index (DJSI), which recognises good practices in terms of economic, environmental and social sustainability of the companies registered in stock markets. Celsia, a Grupo Argos energy subsidiary, was also included in the Dow Jones Sustainability Index for the Latin American Integrated Market (MILA) - Pacific Alliance, which recognises companies with the best economic, social and environmental practices in Chile, Peru, Mexico and Colombia. Grupo Argos and Cementos Argos were also included.
"Being ratified as world leaders in sustainability by Dow Jones is the result of our conscious investment, our commitment to a responsible operation of all our businesses, and our permanent interest to positively impact society, respecting our planet," said Jorge Mario Velasquez, chief executive officer (CEO) of Grupo Argos.
In 2018 more than 3500 companies around the world were invited to participate, but only 317 were selected as members of the worldwide DJSI.
CIMAF opens cement grinding plant in Chad 13 September 2018
Chad: Morocco’s Ciments de l’Afrique (CIMAF) has launched commercial operations at its new 0.5Mt/yr grinding plant at Lamadji. CIMAF regional director Hatim Kahttabi said that the production capcity of the unit is expandable to 1Mt/yr, according to Alwihda. The project had an investment of Euro35m and it has created 200 jobs.
Tanzanian government assures cement producers of coal supplies 13 September 2018
Tanzania: The State Mining Corporation (Stamico) has assured cement producers that it holds sufficient coal supplies. It said that 18,600t/month of coal is being produced every month at its mine at Kabuko in Songwe, according to the Citizen newspaper. It intends to increase production to 45,000t/month when demand is ‘high’ and then to later raise production to 60,000t/month when it fixes infrastructure bottlenecks.
In August 2018 cement producers reported that they faced coal shortages. Subsequently, cement prices rose.
Kyrgyzstan: Member of parliament Karamat Orozova has proposed setting up a commission to examine building a new cement plant in the Batken region. She has proposed allocating land and loans for local businesses to build a new unit, according to the Central Asia News Service. The politician has criticised the decision to place the South-Kyrgyz Cement (SKC) plant in the Osh region of the country given the neighbouring problems in Batken. The 1Mt/yr SKC plant was built in 2010 with Italcementi.
Vassiliko Cement presents low hydration heat cement product 13 September 2018
Cyprus: Vassiliko Cement has presented a new low hydration heat cement product, Portland Pozzolana Cement CEM II/A-P 42,5N-LH, to local clients. The new product will be launched in early October 2018. It will be targeted at larger construction projects, such as footing or dams, where the company says it will prevent the formation of micro-cracks in concrete.