Global Cement News

Tanzania: Twiga Cement’s revenue rose by 30% year-on-year to US$151m in 2018 from US$116m in 2017. Its net profit grew by 60% to US$24.6m from US$15.4m. Its cement sales volumes increased by 9%. The subsidiary of Germany’s HeidelbergCement said that the local cement market saw continued growth in 2018 and that, despite production overcapacity, it maintained its ‘market leadership.’

Moldova: The Rybnitsky Cement plant has significantly cut its production costs due to a cheap gas deal. According to Radio Chișinău and the Infotag News Agency, the cement producer is paying four times less for its gas than its local competitor, the LafargeHolcim-owned Rezinsky Cement plant. In 2018 the Moldovan government held off renewing a supply contract with Russia’s Gazprom to see if cheaper options were available elsewhere.

UK: Construction work has started on a new flood embankment west of the Cemex’s South Ferriby cement plant in North Lincolnshire. New brick-clad walls will also be built around Ferriby Sluice. The project, led by the Environment Agency, has an investment of around Euro14m. The scheme is scheduled for completion by 2021.

“We are delighted to be contributing building materials to construct the new flood defences. In December 2013 floods damaged the plant putting it out of production for over 12 months and causing immense damage to local homes and businesses. It was estimated that over Euro55m worth of damage was caused,” said Piotr Klepak, Cemex Plant Director.

US: Timken has acquired the Diamond Chain Company from Amsted Industries for an undisclosed sum. The US-based chain manufacturer supplies a range of industrial markets, which include material handling, mining and aggregates.

"The acquisition of the Diamond Chain Company adds another strong industrial brand with a reputation for quality, reliability and performance to Timken's growing power transmission portfolio," said Richard G Kyle, Timken president and chief executive officer. He added that the purchase was an ‘excellent strategic fit’ with Timken’s drives chain business and that it would aid its manufacturing presence in Asia.

The Diamond Chain Company was founded in 1890 and it has its headquarters in Indianapolis, Indiana. It has manufacturing operations in the US and China. It employs approximately 370 people.

Germany: Siemens is presenting new products from its Digital Enterprise portfolio for process industries at the Hannover Messe trade fair. These include new versions of its Comos computer-aided engineering (CAE), XHQ Operations Intelligence and its PCS 7 Plant Automation Accelerator software products. The latest version of Comos includes a portal to help users choose components from a range of manufacturers. The new version of XHQ Operations Intelligence includes better access to remote data and simplified integration of engineering data. The update to PCS 7 Plant Automation Accelerator includes increased system openness based on GSDML and NE150 standards.