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Argos on look-out for international opportunities 09 March 2009 for 2009, said the executive. Currently, Argos is building a cement plant in the northern Colombian city of Cartagena. The facility will increase production capacity by 1,8 mtpy using dry process technology. As of now, Argos has no plans to build other... Type: Article Category: Mergers & Acquisitions AfriSam to sell 2,7BN Rand bonds in South Africa 04 March 2009 billion rand. It refinanced 320 million euros ($400 million) of PIK securities by drawing down on a rand-denominated debt facility, which also has a PIK structure, AfriSam said in a statement today, according to Bloomberg. Copyright CW Group. All rights... Type: Article Category: Financial FyM clarifies "minor accident" at Spanish plant 02 March 2009 minor injuries, FyM said in a communique. The injured workers were sub-contractors in charge of dismantling an old factory facility when a load suspended by crane fell and hit the two workers which suffered minor injures. FyM said that the accident... Type: Article Category: People Carib Cement: Caribbean sales depressed until 2010 20 February 2009 new kiln, which was commissioned in phases between August and October 2008, a $35 million mill and a $12 million packaging facility, port operations and other logistics. When the upgrades complete in June, the plant will achieved an output of 1,8... Type: Article Category: Markets & Competition Carib Cement: Caribbean sales depressed until 2010 20 February 2009 new kiln, which was commissioned in phases between August and October 2008, a $35 million mill and a $12 million packaging facility, port operations and other logistics. When the upgrades complete in June, the plant will achieved an output of 1,8... Type: Article Category: Ports & handling Lafarge Q4 profit sharply lower, announces rights issue 20 February 2009 prorata shares, representing 500 million euros of capital. The company also said it secured a 1 billion euros banking facility for a period of two years. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Financial Holcim secures CHF 400MM loan facility 19 February 2009 Holcim said on Thursday that it obtained a 400 million Swiss francs ($341 million) syndicated loan facility from a group of Swiss banks, with the Z├╝rcher Kantonalbank acting as the lead arranger. (CW Group) The facility has a three year term and one... Type: Article Category: Financial Lafarge sub-contractors injured in slag accident 17 February 2009 Lafarge Slag has a contract to remove slag from the plant. (CW Group) One of the workers was taken to a local medical facility, said East Chicago spokesman Damian Rico. The other two were airlifted to a Chicago hospital burn unit, he said, The Munster... Type: Article Category: People CNBM gets $1,6BN credit line 14 February 2009 yuan ($1,6 billion) credit line from the China Construction Bank, according to a statement on Friday. (CW Group) The facility will be available until 2013. CNBM said earlier this month that it was considering selling and leasing back equipment to help... Type: Article Category: Financial Continental Cement to reduce headcount by 71 11 February 2009 The decision affects 57 cement workers and 14 employees of Green America Recycling, which handles waste products at the facility, the Hannibal Courier-Post said. The company has 252 workers. The plant produces more than 700.000 tons of cement per year,... Type: Article Category: People Dragon seeking change to air emissions license 29 January 2009 in September/October 2008 that included installing a mercury continuous emissions monitoring system (CEMS) on the facility's cement kiln stack during the months of September and October 2008," the cement company stated in its application. "ÔǪ Based on... Type: Article Category: Environment Holcim closes Misamis Oriental plant 23 January 2009 in the Philippines in two years, GMA News reported and is the result of lower local demand. Although the Holcim-Lugait facility in the Philippines was temporarily shut down as early as July last year, the company has preserved jobs by moving workers to... Type: Article Category: Markets & Competition Cemex US agrees to pay $2MM pollution fine 15 January 2009 air for California," said Deborah Jordan, director of the EPA's Air Division in the Pacific Southwest region. "This facility is the largest source of nitrogen oxide -- an air pollutant that causes smog -- in California, so the state-of-the-art air... Type: Article Category: Environment China Runji second line exceeds expectations 12 January 2009 technical, and organizational factors, according to the company. It added that with proper operation workflow and facility management, the production capacity can be boosted beyond the original limit while not harming the production line. The quality of... Type: Article Category: Plant Expansions Polysius details recent Africa wins 10 January 2009 to Polysius. The produced cement will be buffer stored in three 7.500 t cement silos. The bags leaving the cement packing facility will be stacked on pallets and wrapped in protective foil. Fuel preparation will be handled by a 15 tph coal-grinding... Type: Article Category: Equipment TXI profit drops 87%, plant build delayed 08 January 2009 as possible. The idling of the small kilns at our North Texas plant and the cement grinding operations at our Crestmore facility in California will reduce cash costs while still allowing us to meet the current demand. Similarly, we are striving to match... Type: Article Category: Financial Cemex sued by EPA, could face billions in damages 07 January 2009 penalties," Rochlin said. The plant improvements at the center of the suit were implemented before Cemex acquired the facility from Southdown in 2000. A Cemex spokeswoman said Tuesday that those improvements did not lead to the violations alleged by the... Type: Article Category: Environment Binani in talks to raise 1.500 cr for new projects 03 January 2009 is awaiting approval from the Gujarat government to start the project, which will include a captive power unit and a jetty facility in the state. So far, it has lined up Rs 450 crore through a consortium of six banks, including IDBI and Punjab National... Type: Article Category: Financial Binani in talks to raise 1.500 cr for new projects 03 January 2009 is awaiting approval from the Gujarat government to start the project, which will include a captive power unit and a jetty facility in the state. So far, it has lined up Rs 450 crore through a consortium of six banks, including IDBI and Punjab National... Type: Article Category: Ports & handling WAPCO plant to raise output to 4,2 mtpy 30 December 2008 the expansion project will need to solve the energy supply problem in order to ensure steady production of the upgraded facility. Energy disruptions affected the production negatively at the two plants in 2007, with 82 days of lost production, Business... 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