Brazil: CSN Cimentos has announced its second issuance of non-convertible debentures totalling US$125m in value through a restricted efforts public offering. LC news has reported that the company’s subsidiary Elizabeth Cimentos guaranteed the transaction.
Ambuja Cements creates non-disposable undertaking on part of ACC stake
India: Ambuja Cements says that it has created a non-disposable undertaking (NDU) on more than half of its 50% stake in fellow Adani Group subsidiary ACC. The Telegraph newspaper has reported that the producer intends to use the NDU as collateral for its loans.
Fives to supply Pillard NOVAFLAM burner to cement plant in France
France: Fives has secured a contract to supply a 65MW Pillard NOVAFLAM Evolution burner to a cement producer. The customer’s aims are to continue to maximise alternative fuel (AF) use, to improve clinker quality and to reduce NOx emissions at its cement plant. The order also includes precalciner burners and a natural gas-powered 35MW Pillard hot gas generator, as well as valve trains and pumping systems.
Cement company human resources head arrested in suspected contract killing
India: Police in Madhya Pradesh have arrested the head of human resources of a cement producer in connection with the killing of trade union leader. The victim, Manish Shukla, worked at a cement plant in Maihar in the district of Satna. The Times of India newspaper has reported that Shukla was fatally wounded in a knife attack by three men on 19 September 2022. His killing sparked protests outside the Maihar police station, in which other cement plant workers reportedly participated.
Maihar is the location of cement plants belonging to KJS Cement, Birla Corporation subsidiary RCCPL and Aditya Birla subsidiary UltraTech Cement.


