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Pakistan Association of Builders and Developers alleges cement industry cartelisation

22 November 2022

Pakistan: The Association of Builders and Developers (ABAD) has accused cement producers of cartelisation and called on the government to take 'stern action' following a rise in cement prices. The Business Recorder newspaper has reported that builders believe that the rise does not reflect trends in local raw materials and imported coal prices. Additionally, it comes in spite of a drop in cement demand.

Published in Global Cement News
Tagged under
  • Pakistan
  • Association of Builders and Developers
  • lobbying
  • Law
  • Price
  • Cartel
  • Competition
  • Raw Materials
  • Coal
  • fossil fuels
  • Import
  • demand
  • trade
  • GCW584

Safi Çimento acquires Sancim Bilecik Çimento from Aşkale Group

21 November 2022

Türkiye: Safi Holding subsidiary Safi Çimento has acquired former Aşkale Group subsidiary Sancim Bilecik Çimento. The TR Monitor newspaper has reported that Sancim Bilecik Çimento's Bilecik plant commands 1.2Mt/yr-worth of integrated cement capacity, with an additional 300,000t/yr in grinding capacity. It serves the Central Anatolia, North Aegean and South Marmara markets, as well as export markets. Safi Holding indicated that export sales and marketing operations will continue at its newly acquired subsidiary.

Published in Global Cement News
Tagged under
  • Deal
  • Acquisition
  • Türkiye
  • Safi Çimento
  • Sancim Bilecik Çimento
  • Export
  • Aşkale Çimento
  • Aşkale Group
  • GCW584

Wonder Cement ignites Chittorgarh cement plant's fourth kiln

21 November 2022

India: Wonder Cement has completed a successful kiln ignition in its Chittorgarh cement plant's new Line 4. The three pre-existing lines gave the plant a former capacity of 8Mt/yr. Wonder Cement additionally operates grinding plants in Haryana, Madhya Pradesh and Maharashtra, with a total capacity of 5Mt/yr.

Vice chair Vimal Patni's technical assistant Lokesh Lohar congratulated the entire Chittorgarh cement plant team on its work on the latest expansion.

Published in Global Cement News
Tagged under
  • India
  • Rajasthan
  • Wonder Cement
  • line
  • lines
  • Kiln
  • commissioning
  • Inauguration
  • growth
  • Expansion
  • GCW584

Cockburn Cement increases scope of Kwinana grinding plant project

21 November 2022

Australia: Cockburn Cement has awarded US$1.65m-worth of increased work scope to construction company SIMPEC on an existing contract with the producer. Business News Australia has reported that SIMPEC is carrying out work on Cockburn Cement's Kwinana grinding plant upgrade. The cement company is in the process of consolidating its Western Australian cement production at an expanded 1.5Mt/yr facility at the site, at a cost of US$152m. A new US$35.1m clinker terminal at Kwinana Bulk Terminal will receive up to 40,000t/yr of clinker for use at the plant and in fellow cement producer BGC's local operations.

Published in Global Cement News
Tagged under
  • Australia
  • Cockburn
  • grinding plant
  • Terminal
  • Clinker
  • Contract
  • Investment
  • SIMPEC
  • Adbri
  • Upgrade
  • Import
  • GCW584

Holcim to delist from Euronext Paris

21 November 2022

France/Switzerland: Holcim plans to delist all shares from the Euronext Paris exchange. Shares in the Switzerland-based group will continue to trade on the SIX Swiss Exchange. The cement producer explained its decision in terms of its need to simplify its trading structure. It expects thereby to further reduce its administrative costs and requirements.

Published in Global Cement News
Tagged under
  • Holcim
  • France
  • Switzerland
  • Merger
  • Lafarge
  • Trading
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