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Schenck Process buys Process Components 01 October 2018
UK: Germany’s Schenck Process has acquired Process Components and its subsidiaries, including Kemutec Group in the US, with its brands Kemutec, Kek-Gardner, Mucon and PPS Air Classifier Mills from EPIC Private Equity. Process Components is a UK-based designer and manufacturer of powder processing and handling equipment, components and spare parts, serving the Chemical, Food, Pharmaceutical and Environmental industries.
The product portfolio of Process Components includes the brands: Kek-Gardner - founded in 1860, recognised for milling and sieving as well as mixing and blending technology; PPS Air Classifier Mills - founded in 1980; Mucon - founded in 1946, known for Iris Valves; and Kemutec - founded in 1980, known for powder processing equipment and systems.
“The acquisition of Process Components with its very well established product lines, a large installed base as well as a great reputation of its brands Kek-Gardner, PPS Air Classifier Mills, Mucon and Kemutec enriches the expertise and capabilities of Schenck Process. We are delighted to add key process steps in the area of mixing, milling and classification for our customers,” said Jay Brown, President Food, Chemicals & Plastics at Schenck Process.
Anthony Goodwin, managing director of Process Components will continue to lead the business following the takeover. No value for the purchase has been disclosed.
Cementos Fortaleza building grinding plant in Merida 28 September 2018
Mexico: Cementos Fortaleza has started to build a new 0.25Mt/yr grinding plant at Merida in Yucatan. The project has an investment of US$30m, according to the El Economista newspaper. The plant is scheduled to open in July 2019. It will create 50 direct jobs.
Kenya: The International Finance Corporation (IFC) says it is still considering investing in ARM Cement after it entered administration in late August 2018. IFC Kenya Country Manager Manuel Moses said that the World Bank institution was waiting for the outcome of the administration process to complete to see if a ‘good proposal’ would emerge, according to the Standard newspaper. Moses made the comments while unveiling the IFC’s investments in Sub-Saharan Africa in 2018.
The Kenya cement producer has been placed into admiration for 12 months to attempt to solve its debt problems. The IFC was previously set to take over loans worth US$120m at ARM Cement in July 2018 and was also interested in an equity stake.
Cameroon: Cimencam has assured Ernest Gbwaboubou, the Minister of Mines, Industry and Technological Development, that the first bag of cement will be despatched from the Nomayos grinding plant in the first quarter of 2019. The comments were made during a visit by Gbwaboubou to the unit, according to Business in Cameroon magazine. The minister also noted that the compensation process for residents affected by a power line to the plant had yet to be completed.
The new plant will have a production capacity of 0.5Mt/yr. The project has an investment of around US$40m. The plant will source pozzolans from a quarry at Foumbot.
Cementos Portland Valderrivas’ Alcalá de Guadaíra plant updates environmental standard 28 September 2018
Spain: Cementos Portland Valderrivas’ (CPV) Alcalá de Guadaíra plant near Seville has updated its environmental standard. It uses an integrated environmental management system, based on the UNE-EN ISO 14001: 2015 standard and the European regulation on eco-management and eco-auditing (EMAS) CE No. 1221/2009, modified according to regulation (EU) 2017 / 1505. The plant has been certified since 2004 but this was updated to the new version of the standard in mid-2018.
The plant also uses a health and safety management system certified since 2009 according to 18.001: 2007 OHSAS. The unit reported that it had no accidents to the end of August 2018.