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Siam Cement Group announces joint venture with BIMobject 14 January 2020
Thailand: Siam Cement Group’s concrete and aggregates division SCC Concrete Products and Aggregates (CPAC) has entered into a joint venture agreement with Swedish digitisation specialist BIMobject for the formation of BIMobject Thailand Co., Ltd. (BIMobject TH) on a 51:49 basis in favour of CPAC. This will provide building information modelling (BIM) - a service platform for use in conceptual design, material selection, and construction simulation of customers’ projects. Siam Cement Group president and CEO Roongrote Rangsiyopash said, “This is in line with SCC’s strategic plan to extend its breadth of innovative construction solutions.” The joint venture will have US$170,000 registered capital.
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.
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.
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.
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.