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EGAS dues from National Cement plant hit US$131m

18 June 2015

Egypt: According to the Middle East North Africa Financial Network, Egyptian Natural Gas Holding Company's (EGAS) dues from the government-owned National Cement plant have hit US$131m. EGAS has demanded that its money be paid back, but it remains undecided when it will receive the dues.

"The total dues from the industrial sector are now more than US$1.57bn, for its natural gas consumption and the delay in paying monthly bills," said EGAS chairman Khaled Abdel Badie in a statement to Daily News Egypt. EGAS dues from public sector plants amount to 75% of the total debt, because they are not committed to paying the monthly consumption bills, the chairman added.

According to Abdel Badie, EGAS will not be able to cut its gas supply from the National Cement plant because the plant is government-owned and is linked to a gas line that comes directly from the field. Abdel Badie said that dues are continuously rising and that EGAS gave the industrial plants a debt re-scheduling, but only a limited number of private-sector plants took part. New committees were also formed to resolve financial obstacles between public entities, however, nothing has been resolved yet.

Published in Global Cement News
Tagged under
  • Egypt
  • EGAS
  • Egyptian Natural Gas Holding Company
  • National Cement
  • Debts

Mitsubishi Cement Corporation plans San Diego terminal development

18 June 2015

US: According to Marine Link, as part of strategic efforts to increase cargo business at the Port of San Diego, California, the port has entered a conditional agreement with Mitsubishi Cement Corporation (MCC) for potential future operations at Tenth Avenue Marine Terminal.

The conditional agreement, which was approved by the board of port commissioners on 11 June 2015, will allow the port to conduct a project review under the California Environmental Quality Act in anticipation of MCC's potential operations at the Tenth Avenue Marine Terminal on San Diego Bay.

The port entered into the agreement to facilitate MCC's potential development, lease and operation of a marine transfer and storage facility for the import, distribution, exportation, handling and storage of bulk cement, cement-related bulk products and concrete aggregate. The conditional agreement envisions contributions by MCC toward modernising the marine terminal and the company's participation in development costs for long-term improvements.

"Our maritime business capacity is a core strength of the Port of San Diego and that's why we are committed to maximising our cargo facilities," said port chairman Dan Malcolm. "We look forward to working with MCC. By harnessing the power of partnerships to invest in this terminal, we reinforce our status as San Diego's maritime cargo gateway to the world."

MCC manufactures all of the major types of Portland and specialty cements used in California and Nevada. The company was formed in March 1988 with the acquisition of the Cushenbury cement plant in Lucerne Valley, California and other ancillary assets.

Published in Global Cement News
Tagged under
  • US
  • Mitsubishi Cement Corporation
  • Port of San Diego
  • MCC
  • Tenth Avenue Marine Terminal
  • Terminal
  • GCW206

Fate of Lafarge eaglets now up to widowed male

18 June 2015

Canada: The Vancouver Sun has reported that a pair of bald eagles that have nested in a tree on the Lafarge industrial site in Vancouver have been beset by tragedy after the mother eagle died, leaving two baby eagles as orphans.

Lafarge had built a new nesting platform up a 20m pole in 2009, but the eagles used it for perching only and continued to nest elsewhere. The eagles hatched two eaglets in April 2015, but on 13 June 2015 the female was electrocuted by power lines while being chased by crows. The loss has devastated conservationists who had long worked to protect the pair and has left them wondering if the male eagle can continue to successfully raise his young until they are fledged, in about four weeks.

"We are just heartsick over this tragedy," said Karen Bills, project coordinator for the Hancock Wildlife Foundation, which worked with Lafarge to install the artificial nest.

Published in Global Cement News
Tagged under
  • Canada
  • Lafarge
  • Bald eagle

ACC resumes limestone mining operations at Bargarh

18 June 2015

India: ACC resumed limestone mining operations at Bargarh, Odisha, after about nine months, on 17 June 2015.

ACC stopped mining at Bargarh in October 2014 following a government notice to suspend operations at the plant. The company stopped clinker production at its Chaibasa, Jharkhand, and Bargarh plants, but continued to operate the grinding units associated with these. "The impact of the closure was not material since cement grinding continued with the transfer of clinker from sister works and clinker purchases," said ACC.

State governments were issued orders to stop mining, following a Supreme Court judgement in the matter of Goa Foundation versus Union of India and Others and in Common Cause versus Union of India on the deemed renewal of mining leases and a subsequent amendment to The Mineral Concession Rules 1960.

ACC resumed limestone mining operations following terms of the Mines and Minerals (Development and Regulation) Ordinance 2015.

Published in Global Cement News
Tagged under
  • India
  • ACC
  • Limestone
  • Mining
  • GCW206

India’s ‘greatest architect’ Charles Correa dies aged 84

18 June 2015

India: Charles Correa, a renowned Indian architect, died on 17 June 2015 at the age of 84.

Correa designed structures in Toronto, Canada, Lisbon, Portugal and Boston, USA, but most of his projects were in India. His designs included low-cost apartments, office buildings, museums, churches, legislatures, new townships and scientific institutes.

"Correa's architectural marvels are widely cherished, reflecting his brilliance, innovative zeal and wonderful aesthetic sense," said prime minister Narendra Modi.

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