Cement News tagged under: corporate
Long Thanh Cement receives approval for capacity upgrade20 July 2018, Published under Cement NewsThe Vietnamese Ministry of Construction has approved Long Thanh Cement JSC’s plans to raise the capacity at its facility in Tan Tao, Ha Nam, from 0.91Mta to 2.3Mta. The Ministry also permitted the company to change the name of the unit to Long Thanh cement plant, according to Viet Nam News. The plant was constructed at an initial investment of VND1.3trn (US$56.52m) has a clinker capacity of 2500tpd. |
Tarmac plans Dunbar plant modernisation20 July 2018, Published under Cement NewsUK-based Tarmac has announced plans to modernise its plant in Dunbar, Scotland. The proposal, submitted for approval to the East Lothian Council, includes the addition of a grinding unit, storage silo and a rail loading facility. "These plans will help us take the Dunbar cement operation onto another level in terms of efficiency and use of the rail network for transportation across Scotland and England," said Oliver Curtin, plant manager. The company expects a response from the plannin... |
Sabanci reportedly considers the sale of three facilities20 July 2018, Published under Cement NewsTurkey’s Sabanci Holding is considering the sale of three of its cement factories, according to Reuters. The factories include Çimsa’s Kayseri (1.1Mta) and Nidge (0.81Mta) units, and Akçansa’s Ladik (1Mta) facility. Sabanci has reportedly authorised Unlu & Co, a financial group, for the deal. |
FLSmidth and CNBM sign framework agreement19 July 2018, Published under Cement NewsFLSmidth and China National Building Material (CNBM) have signed a framework agreement to offer the cement industry more competitive plant solutions. Song Zhiping, chairman of CNBM Group, and Thomas Schulz, Group CEO of FLSmidth, signed the framework agreement at a high-level meeting at the FLSmidth headquarters in Denmark this week. "It was a pleasure to welcome the guests and to participate in such collaborative discussions about future opportunities to work together. Through this framew... |
UltraTech's 2Q18 sales rise by 27%19 July 2018, Published under Cement NewsUltraTech Cement Ltd's unaudited financial results for the quarter ended 30 June 2018 reported net sales of INR88.4bn (US$1.28bn), up 27 per cent from INR69.3bn of the previous year. Profit before interest, depreciation and tax (EBITDA) was INR17630m when compared with INR17980m in the corresponding period of the previous year. Sales volume jumped 34 per cent over 1QFY18. The company achieved an operating EBITDA of INR929/t as compared to INR922/t in 4QFY18, despite the hike in fuel prices... |
HeidelbergCement Bangladesh to acquire Meghna Energy19 July 2018, Published under Cement NewsThe Board of Directors of the HeidelbergCement Bangladesh Ltd has approved the draft scheme of amalgamation of the Meghna Energy Ltd with the HeidelbergCement Bangladesh Ltd subject to sanction by the High Court Division of the Supreme Court of Bangladesh and approval of the same by the members of the Company and Meghna Energy Ltd. HeidelbergCement Bangladesh Ltd will acquire 4,056,457 shares (99.99 per cent) in Meghna Energy at an estimated consideration of BDT910m (US$10.77m). Out of whi... |
Ecocem France officially opens new plant in Dunkerque18 July 2018, Published under Cement NewsEcocem France has opened its new 0.75Mta production plant in Dunkerque, France. Located on a 4ha plot in the Port of Dunkerque, the new facility is equipped with a vertical mill, a mixer and storage facilities. Further expansion is taken into account as the plant’s production capacity can be increased to 1.4Mta. The new plant enables Ecocem France to gain access to northern French markets as well as the Ile-de-France region. Furthermore, the company will also be able to supply the UK and... |
Bharathi Cement releases robotically-produced cement18 July 2018, Published under Cement News'Bharathi Ultra Fast' is a new multi-purpose cement produced by Bharathi Cement company (Vicat group) in India. The premium quality cement has just been launched and it promoted 'greener' costruction by being produced with robotic technology. Bharathi Ultra Fast has been developed for engineers and masons for all concrete applications with several advantages over OPC53 cement. It features a high setting time, higher first-day strength, higher 28-day strength, unmatched durability and bett... |
Vicem reports 10% sales increase in 1H1818 July 2018, Published under Cement NewsVietnam’s Vicem has reported a 10.1 per cent YoY increase in cement and clinker sales for 1H18, with the total 14.7Mt including 11.74Mt of exports. Additionally, the company’s cement and clinker output rose 8.5 per cent and 6.4 per cent to 10.15Mt and 11.56Mt, respectively. It aims to produce a further 5.08Mt of clinker and 6.28Mt of cement in the 3Q18, up 24.7 per cent and 1.4 per cent, respectively, according to the company’s statement. Vicem has targeted over VND37trn (US$1.61bn) of... |
LafargeHolcim France invests EUR3.5m in Dunkerque Nord grinding unit18 July 2018, Published under Cement NewsLafargeHolcim France is installing a new blending facility at its Dunkerque Nord grinding plant to increase the unit’s capacity. With equipment supplied by Wamservira will enable the grinding plant to produce low-carbon cement. The EUR3.5m investment is located in the heart of the Port of Dunkerque on a 2.5ha site. Work started on 26 May with the construction of the foundations. The dosing equipment, mixers and silos will be installed before commissioning in early 2019. "With a st... |