Cement News tagged under: New plant
Ultracem welcomes President to discuss new plant20 November 2024, Published under Cement NewsUltracem management met with the President of the Republic of Guatemala. Members of Ultracem's management team, both from the corporate and the operation in Guatemala, had an audience last Friday with His Excellency the President of the Republic of Guatemala, Bernardo Arévalo, at the National Palace. During the hearing, Ultracem representatives commented to the president about the important investment of US$40m new cement plant that will allow the company to become an important player in th... |
Kohat Cement has yet to start importing equipment for greenfield plant20 November 2024, Published under Cement NewsKohat Cement (KOHC) held its corporate briefing session last week to review its operational and financial performance in FY24. The company reported an earnings per share (EPS) of PKR45.41 (US$0.16) for the year, up 21 per cent YoY. This was driven by lower fuel costs, higher retention prices, and elevated interest rates, which resulted in healthy other income due to the firm’s healthy cash balance, as observed by IMS Research. Total dispatches were 2.6Mt, reflecting a 13.8 per cent decl... |
US$200m cement plant to be established in Balkh19 November 2024, Published under Cement NewsLocal officials in Balkh province ( Afghanistan ) have announced that Afghan and Chinese companies are planning to establish a cement factory in the region at an estimated cost of US$200m. Malawi Noorulhadi Abo-Edris, deputy governor of Balkh, told a Bather Agency reporter that these companies are set to invest in the construction of a cement factory in the province, valued at US$200m. He further explained that the factory will be built on 1,214,000m 2 (300 acres) of land, with a produc... |
Mbeya Cement announce US$320m expansion18 October 2024, Published under Cement NewsThe Tanzanian government has signed an agreement with the Amsons Group to invest US$320m for the expansion of the Mbeya Cement plant and the construction of a new cement plant in Tanga. Amsons Group’s Director of Finance, Ahmed Mhada, disclosed that the construction of the Mbeya Plant Two will cost US$130m, while the new Tanga plant will require US$190m. The expansion of the Mbeya Cement plant will increase its clinker production capacity five-fold, from the current 1000tpd to 5000tpd. ... |
Potosí cement plant starts operations with new deposit07 October 2024, Published under Cement NewsThe Potosí cement plant has officially begun operations using raw materials sourced from the Turucaya deposit, following the recent enactment of a law that approves the contract for its exploitation. This development follows months of pressure from social organisations and local institutions, marking a significant step forward for cement production in the region, particularly after the plant's inauguration in November 2023. The law for the Mining Administrative Contract was signed betwe... |
Flying Cement expects completion of Line II in 3QFY2507 October 2024, Published under Cement NewsAccording to Flying Cement ’s annual report FY24, the company is actively completing a new Line- II of 9000tpd of clinker, the commissioning date of which is targeted by the FY3Q24-25. The report adds that the company’s overall sales in FY24 increased compared to last year. The company had gross sales of PKR6.17bn (US$22.2m) compared to PKR5.72bn the previous year, and profit after taxation decreased from PKR271m to PKR51m in the same period last year due to mainly an abnormal increas... |
Calderys invests in a single-site greenfield plant in India18 September 2024, Published under Cement NewsCalderys is building a new refractory plant in Bhuinpur, Khordha district, Odisha, India. Known as ‘Capes’ (Calderys Plant in East and South India), the project is a strategic investment to support customers in the country with world-class tailor made and superior quality products and services. Production at the plant is planned to begin in the 2H25. This project will be the world's largest single-site greenfield plant dedicated to refractories and steel casting fluxes. It represents a stra... |
Simba Cement expands operations in Uganda03 September 2024, Published under Cement NewsSimba Cement is making significant strides in Uganda ’s construction industry by providing high-quality cement at competitive prices. With the expansion of the company’s operations, including the establishment of the largest clinker manufacturing plant in West Pokot, Kenya , the company is positioning itself as a major force in the country’s construction market. This new clinker plant will enhance the logistical efficiency and reduce costs of operating in the region, enabling Simba to offe... |
Kyrgyzstan to build greenfield 1.5Mta cement plant30 August 2024, Published under Cement NewsPresident Sadyr Japarov of Kyrgyzstan has launched the Terek Tash clinker factory in Kemin district. The new 1.5Mta cement plant is an investment agreement between the government and the consortium of Terek Tash LLC and Zenit LLC. The plant will cost US$150m. Cabinet ministers endorsed the investment agreement on implementation of the project on 24 August. The agreement envisioned construction of the clinker factory in Kemin district and cement milling in Novo-Pokrovka rural municipality, ... |
Chinese to build greenfield plant in Kyrgyzstan28 August 2024, Published under Cement NewsA cement plant and a small hydroelectric power station and a will be built in Tyup, Kyrgyzstan by Chinese investors, reports The office of the Presidential Envoy to Issyk-Kul region. The agreement was signed with representatives of Yunsheng Mining (Yunnan) Co Ltd and China Yunsheng Group. No details on the capacity of the cement plant were given, but the plant’s location in the far north east will locate it right on the border with Kazakhstan and near to the Almaty capital. China Yun... |