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Cement news highlights: 11 – 15 May

World Cement,


Results

Cement and building materials producers have continued to publish their financial and operating results this week. This includes:

Deals, expansion projects, contracts and acquisitions

  • Aboitiz Equity Ventures, Inc. has signed an Exclusivity Agreement with a non-binding Memorandum of Understanding with CRH for five Lafarge plants and associated quarries.
  • Cemex is investing US$300 million in its Solid plant in Luzon to add a 1.5 million tpy line, doubling the plant’s existing capacity.
  • Putney Capital Management, LLC has announced that it has made a strategic investment in a cement terminal in Puerto Rico together with Cementos Argos.
  • General contractor Chengdu Design & Research Institute of Building Materials Industry Co. Ltd has ordered an MPS 3070 BC mill from Gebr. Pfeiffer SE on behalf of Saudi Arabia-based Readymix.
  • US-based MagneGas Corporation has announced that a cement company has approved the use of MagneGas® fuel as a replacement for acetylene.
  • CMB International was chosen to carry out the refurbishment of a Cedarapids twin-deck primary rinse screen for Cemex UK’s Northfleet operation.

This week’s not to be missed articles…

  • Ahmed Methlouthi, Ministry of Trade, Tunisia, provides an overview of the Tunisian cement industry.
  • David Khanna, Commercial Director, bpi.visqueen, UK, explains why polythene is giving cement manufacturers a unique opportunity to differentiate.

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Read the article online at: https://www.worldcement.com/europe-cis/15052015/cement-news-highlights-11-15-may-2015-851/

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