Cement News tagged under: agreement
Titan and Sinoma CBMI sign net zero technology MoU03 July 2024, Published under Cement NewsTitan Group and Sinoma CBMI have signed a Memorandum of Understanding (MoU) to explore new business opportunities and drive technological innovations aimed at decarbonising and digitalising cement manufacturing. Marcel Cobuz, chair of the Titan Group Executive Committee, stated: “Our partnership with Sinoma will enhance our Green Growth Strategy 2026, benefiting both companies and advancing efficiencies across various fronts. Together, we are transforming the building materials sector tow... |
Heidelberg Materials signs global licence agreement with Leilac28 October 2022, Published under Cement NewsHeidelberg Materials has signed an indefinite global licence agreement with the technology company Leilac, enabling the future scale-up of the joint carbon capture, utilisation and storage (CCUS) activities. The agreement sets out the terms of use for the company’s carbon capture technology in Heidelberg Material’s operations. Leilac provides a highly efficient, low-cost capture solution for unavoidable CO 2 process emissions in cement production. The agreement is the result of a longst... |
FLSmidth enters fabric filter technology agreement with Simatek24 December 2020, Published under Cement NewsFLSmidth has agreed to sell its fabric filter technology, a non-core business of FLSmidth's advanced filter technology (AFT) to Denmark-based industrial filter producer, Simatek A/S. Under the agreement, Simatek will supply FLSmidth with fabrick filters while FLSmidth will become a supplier of filter bags and filter cages to Simatek. Through the transaction, FLSmidth will retain its core AFT operations, which continue to be key in delivering the company's MissionZero strategy while Simate... |
Al Khalij Cement to supply oil well cement to Qatar Petroleum14 March 2019, Published under Cement NewsAl Khalij Cement Co has signed a three-year agreement for the supply of oil well cement to Qatar Petroleum. The deal was signed at an event marking the launch of Qatar Petroleum's Tawteen programme, which has been designed to improve the supply chain of the country’s energy sector. "We are delighted to have been selected by Qatar Petroleum for the supply of oil well cement. This represents an endorsement of the high-quality standards of our production facility. This special type of cement i... |
Al Rashed signs agreement to market and distribute NRCC's white cement23 October 2018, Published under Cement NewsSaudi Arabia's Al Rashed Cement has signed an agreement with Northern Region Cement Co (NRCC) to facilitate marketing and distribution of NRCC’s white cement. The value of the one-year contract will be determined based on market price, according to a statement to the stock exchange. NRCC reported a loss of SAR6.69m (US$1.78m) in 2Q18, compared with a profit of SAR8.26m for the year-ago period. In the 1H18, the company recorded a SAR5.23m net loss. |
India: ECO Cement to produce for Prism Cement11 May 2016, Published under Cement NewsCogencis EquityWire reports that ECO Cement (ECL) and Prism Cement have reached an agreement whereby the former will manufacture and supply cement to the latter. "The arrangement with ECL is expected to help the company optimise its logistic costs as well as improve local availability in its strategic markets of Bihar," Prism Cement said. ECL operates a cement-grinding plant with a capacity of 0.6Mta in Bihar's Bhabhua district. |
Zimbabwe’s PHL agrees ownership deal with government20 November 2012, Published under Cement NewsPPC-owned cement producer Portland Holdings Ltd (PHL) has agreed an ownership deal with the Zimbabwean government and plans to invest US$200m to expand its operations in the country. PPC said the deal followed a series of engagements between PHL and the Economic Empowerment Ministry which culminated with the approval of an empowerment plan that complied with the indigenisation legislation. Zimbabwe’s indigenisation and empowerment laws require foreign-owned firms to sell at least 51 pe... |
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