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Bhavya Cements wins approval for 3Mt/yr cement grinding plant in Odisha 12 September 2014
India: Bhavya Cements has received approval from the State Level Single Window Clearance Authority (SLSWCA) for the construction of a 3Mt/yr capacity cement grinding plant in Dhenkanal, Odisha, with a capital investment of US$60m. Separately, Shree Cement also plans to set up a 3Mt/yr capacity cement plant in the same location for US$74.4m.
Sagar Cements plans to acquire BMM Ispat cement business 12 September 2014
India: Sagar Cements is reportedly planning to acquire cement business of Bangalore-based BMM Ispat Group. The deal is expected to be closed within two weeks with an approximate value of US$82.2m.
India: Spectrum Meghalaya Cement Company is planning a 2Mt/yr limestone mining project in West Kameng District, Arunachal Pradesh. The limestone will be used for its cement plant, which is being constructed adjacent to the mine. The project is waiting for its mining lease and mining work is expected to commence in 2015.
Court postpones consideration of appeal of Eurocement Group 11 September 2014
Uzbekistan: The board of appeals of Tashkent regional economic court has postponed the consideration of the case regarding the privatisation of Eurocement's Ahangarancement plant.
Eurocement officials requested additional time to sign a settlement agreement with defendant, the State Committee of Uzbekistan, for the privatisation, demonopolisation and development of competition, according to local media. The next session of the appeal board of Tashkent regional economic court will be held on 25 September 2014.
Holcim Romania completes Euro6m waste processing plant expansion 11 September 2014
Romania: Holcim has completed the extension of its waste co-processing platform in Campulung, Arges County, following a Euro6m investment that was co-funded by the European Union (EU).
The project was implemented throughout 20 months via ecovalor, a Holcim division that specialises in waste management. Of the total Euro6m investment, Euro1.6m came from EU funds under the economic competitiveness programme. Holcim Romania introduced waste co-processing in its cement plants in 2003 and has invested Euro32m in waste processing.