Global Cement News

Brazil: Haver & Boecker Niagara has upgraded its plant in Pedro Leopoldo. The expansion allows the company to increase its screen media and parts production capacity by 15%. It can now move its rubber production in-house, allowing for an increased production capacity of its Ty-Dura screen media and premium rubber liners by 60% and improved quality control. The upgrade has also enabled the company to expand its research and development laboratory and testing centre. The company produces products for screening and pelletising for the cement, aggregate and mining sectors.

India: Dalmia Cement (Bharat) and Sagar Cements have submitted acquisition offers to Andhra Cements' administrator and committee of creditors. The Business Standard newspaper reported that the company owes its lenders total debts of US$118m and is valued at between US$42.5m and US$48.6m.

India: HeidelbergCement India recorded consolidated sales of US$61.5m during the second quarter of its 2023 financial year, down by 11% year-on-year from US$69.2m in the second quarter of the 2022 financial year. The Heidelberg Materials subsidiary's net profit in the quarter fell by 88% over the year, to US$852,000 from US$7.24m in the 2022 financial year's second quarter. The second quarter of the 2023 financial year brought a 0.3% year-on-year drop in the producer's operating expenses, to US$55.7m from US$55.9m.

Spain: Cementos Portland Valderrivas plans to make Euro6m-worth of investments in its Alcalá de Guadaira cement plant in Seville. The funds will go towards the construction of a refuse-derived fuel (RDF) line to help reduce the plant's petcoke consumption, as well as the renewal of the plant's mining licence for its quarry.

India: Udaipur Cement Works plans to raise US$42.6m through the sale of bonds, Reuters News has reported. The producer says that the bonds will mature in March 2025.