India’s Orient Cement has announced plans to invest INR36bn (US$536.8m) over the next five years to expand its existing production capacity to 15Mta from 8Mta, with investments for the expansion to begin in FY20, according to Mint.
The company has applied for environmental clearance to expand clinker and grinding capacity in Devapur, Telangana, and Chittapur, Karnataka, alongside plans to construct additional grinding capacity in the eastern market. The expansion plans are expected to be completed by FY23, depending on the receipt of the clearances.
Cementos Progreso Holdings takes over Cemex's Dominican Republic and Haiti operations
As of today, the consortium led by Cementos Progreso Holdings takes control of Cemex 's opera...