Korea’s POSCO has announced that it will sell Posfine as part of its strategy to enhance its financial structure by restructuring non-core businesses. Posfine pulverizes slag, which it then sells to cement manufacturers. It was established in 2009 as a joint venture with Dongyang Cement, Ssangyong Cement and Lafarge Halla Cement, and operates a 2 million tpa slag powder plant in Taein-dong, Gwangyang-city.
In addition to Posfine, POSCO also plans to sell its South American forestation company, POSCO Uruguay. The group will turn its Gwangyang LNG Terminal into a separate corporation, selling some of its shares but retaining management rights.
Loesche’s LM 63.3+3 mill attained a new record product rate of 255 tph of blastfurnace slag meal after only a short period of operation in Taiyuan, northern China.
HeidelbergCement’s Sierra Leone Cement Corp Ltd (LEOCEM), the sole manufacturer of cement in the country, has announced that it will start production of slag cement in June 2014.