According to a recent news release published in GlobalCement.com, ThyssenKrupp Industrial Solutions and McInnis Cement have announced an agreement to build a cement plant with a production capacity of 6,000 tons per day in the Daniel-Gascons area of Quebec, Canada. This deal is valued at US $133 million. This modern plant is scheduled to be commissioned in 2016 and should be fully operational by the end of that year.
The cement industry worldwide is showing a turnaround, and is climbing out of its financial slump, with companies returning to profitability. Cement mills are returning to full production capacity, and companies are preparing expansion. The deal between ThyssenKrup and McInnis is another indication of this global trend.
While backers in Canada believe this is a positive development for the industry, not everyone is pleased with the expansion of production capacity of McInnis Cement. According to an article in The Globe and Mail, competitors Lafarge SA of Paris and Swiss-based Holcim, Ltd., which are merging, are opposed to this development. They are against the use of public money in Canada to subsidize cement production in Canada, that will undermine other cement producers in Canada and the East Coast markets of the USA.
The growth of the cement and construction industries is a sign of an improving global economy. In my view, building new cement plants to increase production capacity is not the only solution to meet growing demand for cement. Cement companies may be able to improve the output of existing cement mills and reduce the loss of productivity due to equipment wear and tear that occurs naturally from abrasion. Likewise, when building new facilities, companies can guarantee more return on their investment for the new equipment by taking proactive measures to protect their equipment.
HP Plate is a global partner to the cement industry that has provided such an anti-abrasion protection solution since 1994. This industry leader offers protection solutions involving welding overlay of wear plates (or hard facing), which have been proven to extend the life of cement rollers, chutes and other industrial equipment by many years, protecting the valuable capital investments of industries worldwide.
If cement industry leaders wish to find out how they can stay in the lead in the marketplace by reducing operational costs and maintaining peak productivity, they can visit this web page and fill out the information request form.