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China's CITIC wins contract for US$262m cement plant in Cambodia 07 December 2015
Cambodia/China: China's CITIC Heavy Industries Company has secured an engineering, procurement and construction (EPC) contract from a Cambodian conglomerate to build a US$262m, 5000t/day cement plant in Cambodia.
Under the contract, CITIC will carry out the detailed engineering design of the project, procure all the equipment and materials necessary and then construct a cement plant for Chip Mong Insee Cement Corporation, a subsidiary of Chip Mong Group. It will be "Cambodia's largest single cement line with the most modern and state-of-the-art equipment and technologies from Germany and China," said Aidan Lynam, CEO of Chip Mong Insee Cement Corporation. "It will be a world-class cement plant that produces top quality products for our company, with emission controls which protect the neighbouring environment with the lowest carbon footprint." The plant is a joint venture with Siam City Cement Public Company Limited of Thailand.
Mines and Energy Minister Suy Sem said that the contract between the two companies had clearly showed the confidence of investors in Cambodia's political stability and business opportunities. "Cement demand in Cambodia is very high due to the rapid progress of construction industry," he said. "Thus, I believe that this cement plant will be able to meet the demand of cement in Cambodia." It is estimated that domestic cement demand is about 4Mt/yr.
Shanshui’s subsidiary said that Tianrui takeover was illegal 07 December 2015
China: Shanshui Cement's major operating unit, Shandong Shanshui Cement Group, has said in a statement that the Shanshui Cement Board's removal of Management and Directors from Shandong Shanshui by Tianrui Group was illegal as it required government approval. Tianrui, the largest shareholder of Shanshui Cement, took control of the board at an extraordinary general meeting (EGM) on 1 December 2015, resulting in the removal of Shandong Shanshui management.
South Korea: A new solid recovered fuel (SRF) production facility is now fully operational in Wonju City, South Korea, thanks to global shredding company UNTHA and local partner PERITUS.
Korean waste management specialist Zion has built the SRF manufacturing plant to make smarter use of its residual materials. Now, with the new system in place, pre-sorted construction and demolition waste and commercial and industrial waste, is being shredded to produce a homogenous 50mm fuel for the cement industry.
The UNTHA XR3000C shredder with cutting concept was chosen following a series of trials at UNTHA's Austrian headquarters. Demonstrations showed that the technology could comfortably achieve throughputs of 60-70t/day, with scope to almost double that moving forward. The XR3000C's flexibility also means Zion can achieve a 40-50mm particle size from the single step shredding of plastic bales, which has further boosted the company's SRF production capabilities.
"South Korea may only be in the infancy of its waste-to-energy journey, yet the nation has formed a very sophisticated and disciplined approach to its waste roadmap relatively quickly. Legislation is in place to drive the production of <50mm SRF and the necessary infrastructure is fast evolving to accommodate this," said UNTHA's Head of Business Unit Waste Peter Streinik. "What we see here with Zion, however, is not just a company striving for compliance. They're prioritising energy efficiency, profitability and innovation too, to realise the wider benefits that come with smarter waste management."
Committed to principles akin to Europe's waste hierarchy, Zion extracts as many materials as possible, including bricks, metal, sands, glass and batteries, for re-use or recycling, prior to them entering the SRF manufacturing stream.
"Our family-run business is incredibly passionate about renewable energy, from solar power to alternative fuel production," said Zion's President Geumju Kim. "Now that our new SRF plant is up and running, with state-of-the-art configurable technology in place, the next step is to investigate relationships with different customers. We can satisfy varied specifications, and look forward to improving South Korea's resource agenda."
LafargeHolcim appoints Caroline Hempstead as Head of Communication, Public Affairs and Sustainable Development 07 December 2015
Switzerland: Caroline Hempstead has been appointed as Head of Communication, Public Affairs and Sustainable Development of LafargeHolcim, with effect from 1 December 2015, reporting to CEO Eric Olsen.
Since 2007, Caroline Hempstead has been responsible for the global Corporate Affairs team at pharmaceutical company AstraZeneca, where she also chaired the Sustainability Council. Prior to joining AstraZeneca, Caroline Hempstead spent 10 years in the oil industry at Royal Dutch Shell managing the reputation of Shell's global downstream businesses in over 100 countries. Caroline Hempstead has also held corporate affairs roles at Inchcape, the London Stock Exchange and Harrods. Caroline Hempstead is a British national and has a degree in French Studies from Manchester University.
Shanshui Cement management ousted as Tianrui Cement seeks control 04 December 2015
China: The management of China Shanshui Cement Group Ltd's operating unit was ousted two days after executives of its parent were dismissed, in a move analysts said underscores efforts by the company's biggest shareholder, Tianrui Group, to solidify control.
Shandong Shanshui Cement Group Ltd Founder Zhang Caikui, Chairman Zhang Bin and Chief Financial Officer Henry Li were among key managers whose positions were terminated on 3 December 2015. Tianrui's Vice Chairman Li Heping has succeeded Zhang Bin to become Chairman of the unit.