Global Cement News

Namibia: Singapore’s International Cement Group (ICG)’s intended purchase of Schwenk Namibia for US$104m has fallen through. The company stated that it will not buy the subsidiary of Germany’s Schwenk Zement, whose 1.0Mt/yr total integrated capacity consists of Ohorongo Cement’s Walvis Bay plant, over four months ahead of the deal’s long stop date of 31 January 2020. The deal’s deadline had previously been extended from 30 June 2019 following the Singapore Exchange forestalled the deal due to ICG’s inability to pay for the unprofitable company.

India: A boiler at Birla Cement’s 2.5Mt/yr Chanderia plant in Rajasthan exploded on 29 September 2019, injuring an estimated 15 people. The Hindustan Times has reported that 11 people are in a critical condition. It is believed that the furnace overheated, which caused coal to scatter over workers below. Local government says that a report will come from its administrative-level investigation within 10 days, with criminal action to follow where appropriate.

Belarus: Belarus Cement Company (BCC) has begun selling its cement in 15kg bags in addition to its usual 25kg. BCC general director Alexsandr Dovgalo has said the company intends the move to increase the ability of its product to meet consumer demand.

Tanzania/China: China’s 100Mt/yr-capacity Huaxin Cement has bought Maweni Limestone from the Kenyan-based Athi River Mining (ARM) Cement. Huaxin has stated that this first incursion into East Africa is ‘integral to its broader strategy’ of expansion in emerging markets. It adds the Tanzanian producer of Rhino cement to its burgeoning portfolio of overseas assets including cement plants in Tajikistan, Uzbekistan, Cambodia and Nepal.

Germany/US: HeidelbergCement has purchased Giant Resource Recovery’s 1.2Mt/yr integrated Keystone cement plant in Bath, Pennsylvania for US$151m. HeidelbergCement CEO Bernd Scheifele has called the cement plant, which has 90 years’ experience as a supplier to the Pennsylvania, New York and New Jersey markets, ‘an excellent strategic addition’ to the company’s North American market presence.