Possible Holcim merger within 6 - 8 months
Local reports of a planned merger between Holcim’s Indian subsidiaries ACC and Ambuja Cemnts persist, as ACC consolidates its assets. Holcim denies the plans.
Local reports of a planned merger between Holcim’s Indian subsidiaries ACC and Ambuja Cemnts persist, as ACC consolidates its assets. Holcim denies the plans.
Indian cement producers have announced Q3 results; rising fuel costs dampen profitability.
China Resources Cement has entered a property transfer agreement with Fujian Zijin Hengfa Construction Materials, which will include the acquisition of a cement production line in Fujian Province.
China Resources Cement Holdings is to acquire stakes in Guangzhou Yubao Cement, Yuesheng Concrete, Yuequn Concrete and Zhujiang Cement, according to reports.
China Huaneng Group, Peabody Energy and Calera Corp. have agreed to pursue development of a green coal energy campus in the Xilinguole Region of Inner Mongolia.
FLSmidth has signed a contract with JK Lakshmi Cement (JKLC) in India for the supply of equipment for a 4500 tpd pyroprocessing system for its upcoming cement plant in Durg, Chhattisgarh in Central India.
Holcim Philippines has re-opened a terminal in Calaca, Batangas, which was mothballed in 1999.
Between Christmas and New Year FLSmidth received an order from Siam Cement in Thailand for an air pollution control system for three cement lines at Siam Cement’s Thungsong plant. The installation will enable Siam Cement to comply with new environmental legislation in respect of SO2 removal.
The US EPA has announced its plan to defer greenhouse gas permitting requirements for carbon dioxide emissions from biomass-fired and other biogenic sources.
Holcim Vietnam Cement is to build a 6.3 MW power plant that will utilise waste energy from its Hon Chong cement plant to produce electricity.
Taiwan Cement Corp. is set to begin construction of three new cement plants in Sichuan and Guizhou provinces, China.
China Resources Cement forms joint venture with Shanxi Huabao; West China to acquire limestone mine; Sinoma targets RMB 150 billion for 2015.
Bharathi Cement has begun production of its 2.5 million tpa second production line in the Kadapa district in India.
FLSmidth has been awarded a contract for plant electrification and control system from Vicat-Sagar Cement Pvt Ltd for their green field cement plant located at Chatrasala, in southern India.
Switzerland’s Holcim has received the top rating in an environmental assessment of companies by the Indonesia Environment Ministry.