Spain: Cementos Molins has obtained loans from CaixaBank, Sabadell, BBVA, Santander and HSBC to a total value of Euro180m. EuropaPress has reported that the funds, consisting of a loan of Euro40m and a Euro140m revolving credit facility, of which Euro50m will be immediately available, will be used to clear the company’s debt and for future projects. The interest will be Euribor plus 0.9%.
UltraTech Cement plans WHR power plant expansion
India: UltraTech Cement has announced a planned expansion of its Bhogasamundram waste heat recovery (WHR) power plant to 36MW from 20MW. The plant serves its 5.6Mt/yr integrated Andhra Pradesh cement plant. The upgrade is part of an investment of US$14.0m which will also serve to expand the area of the cement plant by 326 hectares.
Lehigh Cement and Lehigh White Cement to invest US$12m in pollution control technology
US: Lehigh Cement and Lehigh White Cement have agreed to an investment of US$12m for the installation of pollution control technology across their 11 active cement plants. US Fed News has reported that the upgrades can be expected to reduce net emissions of nitrous oxised (NOx) by 4550t/yr and sulphur dioxide (SO2) by 989t/yr. Lehigh Cement will additionally pay a US$1.3m civil penalty for past Clean Air Act violations.
Pakistan court rejects petitions against FWO Haripur cement plant
Pakistan: The Peshawar High Court has rejected a petition by local residents to prevent the construction of a US$245m cement plant in Haripur by the military Frontier Works Organisation. The Balochistan Times has reported that the project will entail the relocation of people from an area of 0.66km2 and the felling of ‘thousands of trees.’ The Supreme Court gave a preliminary hearing to the case on 2 December 2019, giving the Attorney General, Advocate General Khyber Pakhtunkhwa and Defence Ministry until 9 December 2019 to submit their replies.


