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Siam Cement Group buys Vietnam Construction Materials 08 March 2017
Vietnam: Thailand’s Siam Cement Group (SCG) has purchased a 100% stake in Vietnam Construction Materials for US$155m. The enterprise value of the transaction is valued at US$440m, including net debt and additional efficiency improvement investment to the acquired assets, according to the Bangkok Post. Vietnam Construction Materials has a cement production capacity of 3.1Mt/yr including one integrated plant at Tuyen Hoa in Quang Bing Province. The acquisition raises SCG’s cement production capacity in the Association of Southeast Asian Nations (ASEAN) region outside of Thailand to 10.5Mt/yr. It follows other purchases by SCG of Vietnamese building materials companies including the white cement producer Buu Long.
Mehmet Göçmen appointed new head of Sabancı Holding
Written by Global Cement staff
08 March 2017
Turkey: Mehmet Göçmen has been appointed as the new chief executive officer of Sabancı Holding, the owner of several Turkish cement companies including Çimsa and Akçansa. He replaces Zafer Kurtul, who will vacate his position from 30 March 2017. Göçmen currently serves as Sabancı Holding Energy Group Head.
Göçmen graduated from the Department of Industrial Engineering at the Middle East Technical University in 1981. He also holds an MS degree from the Department of Industrial Engineering at Syracuse University in the US. He worked in executive positions between 1983 and 1995 at Steel Wire & Rope Industry, at Lafarge between 1996 and 2003 and he was appointed as General Manager of Akçansa in 2003. He has served as Human Resources Group Head, Cement Group Head and Energy Group Head at Sabancı Holding since 2008.
US: E Instruments plans to release its E8500 Cooled NOx portable emissions analyser in the spring of 2017. The product is intended to increase its accuracy of its NO gas sensor at higher temperatures than normal, particularly above 40°C. The E8500 Cooled NOx keeps the NO sensor cooled with an internal cooling system. The analyser measures, displays and records the NO sensor temperature to make it easier to comply with US Environment Protection Agency (EPA) conditional test methods such as CTM-030. The E8500 Cooled NOx also comes with a Sample Conditioning Unit that cools and dries the stack gas at the probe handle to minimise the time that the gas has in contact with the condensate.
FLSmidth awarded project by El Sewedy Cement 07 March 2017
Egypt: FLSmidth has been awarded an order from El Sewedy Cement Company to build a cement production line at Ain Soukhna in Suez Governorate. The order is scheduled for completion in the fourth quarter of 2018.
The full scope of the order includes an OK 39-4 vertical mill for raw grinding, EV 250x300 Hammer Impact Crusher, stacker and reclaimer systems for storage, QCX quality control system, ECS/ControlCenter control system, Rotax-2 rotary kiln with low NOx ILC calciner, Jetflex burner and a FLSmidth Cross-Bar cooler. The OK mill and Rotax-2 kiln will be the first of these models to be installed in Egypt. Additional equipment in the order includes planetary gear units from FLSmidth MAAG Gear, electrostatic precipitators and fabric filters from FLSmidth Airtech, a control system and plant automation from FLSmidth Automation and weighing and metering systems from FLSmidth Pfister.
"This order reflects the strong relations we have had with one of the biggest industry groups in Egypt for almost a decade. Working closely with El Sewedy Cement Company, we assist them in improving productivity and operational excellence," said Group Executive Vice President, Cement Division, Per Mejnert Kristensen.
Brunei modifies cement import process 07 March 2017
Brunei: The Energy and Industry Department at the Prime Minister’s Office (EIDPMO) has released information on its new policy for importing cement and the connected application process following the abolition of the previous method on 1 January 2017. Officials say that the changes are intended to open up the cement market in the country, increase competition, offer more market choice and reduce the price of cement amongst other aims, according to the Borneo Bulletin newspaper. Cement importers are required to register, their companies need to be at least 70% locally owned and applications will last two years. Personal allowances for citizens bringing cement across the border will be limited to two bags per vehicle.