Cement News tagged under: New plant
Expansion plans of Fauji Cement are underway12 November 2018, Published under Cement NewsFauji Cement Company Limited (FCCL) has informed Pakistan Stock Exchange (PSX) that the 10th Extraordinary General Meeting (EOGM) of FCCL will be held in Islamabad on 29 November 2018 to obtain approval for a greenfield project, elect company directors for a period of three years from 13 December 2018 to 12 December 2021and other business. According to annual report for the year 2018, the company is planning to establish an additional plant and necessary preparation in this regard are u... |
Myanmar Government invites expressions of interest for new cement plant02 November 2018, Published under Cement NewsThe Ministry of Natural Resources and Environmental Conservation (MNREC) is inviting expressions of interest (EOI) from foreign and local investors to conduct detailed feasibility studies and measurement of limestone deposits in Chin State. The government is exploring the possibility of a cement plant being established in Hakha Township on 4300ha of land. "Preliminary studies suggest that the area proposed for the project has sufficient limestone to support a cement plant capable of produci... |
Jindal Steel and Power to enter cement market31 October 2018, Published under Cement NewsJindal Steel and Power (JSP) plans to establish a 2Mta cement plant near its Angul steel plant in Odisha, India. The company has already purchased the land for the plant, which will be established in an industrial park. JSP is now awaiting for the government to hand over the use of the land. The plant is estimated to cost INR5bn (US$67.7m). JSP will use granulated blastfurnace slag to produce blended cement at the new factory. "With the expansion of the steel making capability to 6Mta, ... |
New plant planned for Adamawa state30 October 2018, Published under Cement NewsThe Adamawa Government in Nigeria has signed an agreement with Dangote Group and three foreign firms to establish cement factories in the state. Shanti Sashi, the state Commissioner for Mineral Resources, said the state government is on the verge of getting all necessary approvals at the federal level for the investor to assemble the factory. She said that the company decided to establish its factory in the state due to the abundant limestone, clay and gypsum deposits in the region. "We ha... |
Cem'In'EU inaugurates its Aliénor Ciments plant24 October 2018, Published under Cement NewsCem‘In’EU Group inaugurated its first modular grinding plant at Aliénor Ciments yesterday in Tonneins, 100km southeast of Bordeaux, France. The 0.22-0.25Mta plant is the first of a network of grinding units that the group aims to construct in France, Poland and the UK. Intercem Engineering of GmbH of Oelde in Germany constructed the 30tph ball mill section of the plant in just four months. The mill is equipped with a separator that was also specially designed by Intercem Engineering. The pl... |
Saudi Arabia under pressure, seeks to boost export19 October 2018, Published under Cement NewsThis week, CemNet reported that Yamama Cement has seen a sharp 34 per cent fall in 3Q18 revenues , compared to the same period last year. Meanwhile, profitability declined, falling by around 37 per cent to SAR29.2m (US$7.8m) over the period. The prospect of lower sales though has been expected with August's figures having already seen a slowdown in the Saudi cement market. Analysts Al-Rajhi Capital are forecasting that cement demand will dip below the 40Mt level in 2018, from a market tha... |
Eurocement begins construction of 3Mta facility19 October 2018, Published under Cement NewsEurocement Group has started the construction of its new 3Mta facility in Uzbekistan. The plant is expected to begin operations in mid-2020 and will represent an US$160m investment. “This production will become the flagship of the cement industry and a powerful support for the growth of the economy of Uzbekistan,” said Mikhail Skorokhod, president of Eurocement Group. Once complete it will become the largest plant in central Asia, according to UzDaily. The commencement of construction is... |
Lafarge Africa posts 5% net sales increase18 October 2018, Published under Cement NewsLafarge Africa has recorded a five per cent increase in net sales for the 3Q18 period, rising to NGN72bn (US$198.3m) from NGN68.8bn. In the 9M18, net sales again advanced five per cent to NGN234bn. The positive performance in the third quarter was mainly driven by strong volume growth in Nigeria and favourable pricing trends in South Africa, according to the company. EBITDA for the 3Q18 was up 96 per cent YoY as a result of an improved performance in South Africa, while it fell eight per c... |
Tamil Nadu Cements completes construction of new plant11 October 2018, Published under Cement NewsIndia’s Tamil Nadu Cements Corp Ltd has completed the erection of a 1Mta plant in Ariyalur, with 95 per cent of the total work now completed. The new facility represents an investment of INR7.5bn (US$101m) and will be the company’s second plant in the region. "The new plant will be a game changer on various aspects. The fully-automated plant is designed to produce 1Mt of cement a year. It will start commercial production in January or February," said Mr Balasubramaniam, managing director ... |
No permission given for 10,000tpd Myanmar plant10 October 2018, Published under Cement NewsThe Karen National Union (KNU) has denied giving any permission for a proposed 10,000tpd cement plant to be established in Hlaingbew Township, Myanmar. According to Gen Saw Johnny, chief of staff of the Karen National Liberation Army (KNLA) under the KNU: "We won't accept projects that will bring negative impact to the public. We will consider it if it will bring benefits to the public. Everything depends on the public's desire. We've learned that the company (Yadanar Sai Kaung Myat Kyaw ... |