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Shree Cement commissions Kodla plant 02 January 2019
India: Shree Cement has commissioned its 3Mt/yr integrated plant at Kodla, Kalaburagi in Karnataka state. The cement mill and the clinker line at the line were commissioned at the same time in late December 2018.
TDI ignites kiln at Whale Rock Cement 02 January 2019
Namibia: China’s Tianjin Cement Industry Design & Research Institute (TDI) has successfully ignited the kiln on a new 1.2Mt/yr production line at Whale Rock Cement’s plant near Otjiwarongo. The Chinese equipment supplier says that the line was started on 25 December 2018, 58 days ahead of the contracted start date. The project officially began in late 2017. The US$350m plant was originally scheduled to be commissioned in late October 2018, according to local media.
Nigeria: The Cement Company of Northern Nigeria (CCNN) says it has received formal approval from the Securities Exchange Commission and the Federal High Court for its merger with Kalambaina Cement. It added that the scheme of the merger was effective from 24 December 2018. New CCNN shares have been issued to and allotted to Kalambaina Cement’s shareholders at an agreed ratio.
Russia: South Ural Mining and Processing Company has purchased a 77% stake in Gornozavodsktsement in Perm region. It intends to buy the rest of the company at a later date, according to the Kommersant newspaper. The acquisition was supported by Gazprombank.
Architecture and Construction Ministry supports Belorussian use of commodity exchange 02 January 2019
Belarus: The Architecture and Construction Ministry has supported the country’s use of a commodity exchange to sell cement. Deputy Architecture and Construction Minister Alexander Sidorov said that his ministry was prepared to support an increase in supply to the exchange if demand allowed, according to the Belarusian Telegraph Agency (BelTA). It was previously announced that the country was planning to make 0.2Mt/yr of 10% of the country’s cement exports available to purchase via the Belarusian Universal Commodity Exchange (BUCE) from the start of 2019.