Cement News tagged under: New project
Ash Grove approves US$125m investment, USA24 May 2012, Published under Cement NewsAsh Grove Cement Company’s Board of Directors approved a US$125m-plus investment in the company’s Midlothian, Texas, plant at its May meeting. A new preheater, precalciner production system will make Ash Grove’s facility among the lowest emitting cement producers in Texas, the company said in a statement. According to Ash Grove Chairman Charles Sunderland, “We were considering a range of options as a result of the US Environmental Protection Agency’s (EPA) Portland cement National Emissio... |
JK Cement receives approval for Bangalore plant, India24 May 2012, Published under Cement NewsThe Bangalore State High Level Committee (SHLC) has cleared a proposal by JK Cement’s (Western) Ltd to establish a cement factory at Chittapur taluk in Gulbarga district. The company would invest INR2,326.65 crore. The Hindu reports that JK’s cement project is one of 31 proposals across various industries that received clearance from the SHLC yesterday ahead of the state hosting the GIM-2012 Expo at the Bangalore International Exhibition Centre in early June. “The government has set a ... |
Tanga Cement plans second kiln line, Tanzania21 May 2012, Published under Cement NewsTanga Cement, Tanzania’s second-largest cement producer, said it plans build a second kiln line as it aims to increase exports to member states of the East African Community trade bloc. The new kiln will increase clinker capacity from 500,000tpa to 600,000tpa and is planned to be commissioned in the first quarter of 2015. FLSmidth of Denmark has since confirmed that it is negotiating a contract with Tanga, but stated that: “If and when the contract is finalised and becomes binding, we shall... |
FLSmidth receives contract for large cement project, USA18 May 2012, Published under Cement NewsFLSmidth has been awarded a contract worth approximately US$136m by a customer in the United States for modernisation of their production facility. The purpose of the EPC (Engineering, Procurement, Construction) project is to convert one of the plant's existing wet process kilns to a preheater, precalciner kiln. As a result, the customer will be able to better fulfill their key environmental objectives; reduction of emissions as well as lower energy consumption and hence a smaller carbon f... |
JK Lakshmi capacity to reach 8.5Mta by end-2013, India17 May 2012, Published under Cement NewsJK Lakshmi Cement Ltd's capacity is expected to rise to 8.5Mt by end-2013 from 4.7Mt currently, Whole-time Director Shailendra Chouksey said at a conference organised to announce the company's Jan-Mar earnings. The Rajasthan-based company reported Jan-Mar net profit of INR303m, down 5.2% YoY. Net sales for the March quarter rose 27.8% to INR5.26bn. JK Lakshmi Cement commissioned its 0.6Mt grinding unit in Haryana in April and is expanding capacity of its existing kilns in Raja... |
India and Russia projects boost KHD first-quarter revenue16 May 2012, Published under Cement NewsIn the first three months of 2012, KHD generated revenue of EUR48.8m, which was primarily the result of projects in India and Russia. Revenue declined by 16.9% in a YoY comparison (previous year: EUR58.7m). The company attributed this largely to customers delaying awarding and execution of projects, due to the uncertain market situation. Gross profit totalled EUR8.4m (previous year: EUR11.4m), corresponding to a gross margin of 17.2%. In a statement, the German-based equipment manufacturer ... |
Improved prices help raise Shree Cement’s quarterly profit, India16 May 2012, Published under Cement NewsShree Cement, which has a strong presence in the North India market, reported an increase in net profit of INR11.28 crore for the fourth-quarter of FY11-12 (ending March 2012) largely on the back of improvements in demand leading to better price realisation and cost control initiatives. EBITDA rose 42 per cent to INR450.40 crore during the period, the company said in a statement. Turnover, meanwhile, rose 38 per cent YoY to INR1477.85. Cement production increased 29 per cent and during... |
KKS Cement Factory to resume operations, Sri Lanka15 May 2012, Published under Cement NewsTHe Kankesanthurei Cement Factory (KKS), Sri Lanka’s oldest cement plant, will resume operations before year-end under a programme to revive state ventures, according to Dr Willy Gamage State Resources and Enterprise Development Ministry Secretary In a interview with the Sri Lanka Sunday Observer, Mr Gamage and SJ Paranagama, Chairman of the Sri Lanka Cement Corporation (SLCC) discussed the project’s progress. Presently, there are two projects in the pipeline: one is the establishment of a... |
Tamil Nadu government to invest in state plants, India15 May 2012, Published under Cement NewsThe Tamil Nadu government is to upgrade two of its cement plants with an investment of around of INR515 crore. The Business Standard of India reports that the state government is to invest INR165 crore in the Alangulam cement plant. Orders have also been issued to appoint a project management consultant to increase the production of the Ariyalur cement plant to 1.5Mta from the current 500,000t. Investment for the proposed expansion would be around INR 350 crore, according to the state ind... |
Addoha Group to construct Cameroon plant10 May 2012, Published under Cement NewsMorroco's leading home builder Addoha Group will start construction of a EUR20m (US$25.9m) cement plant this month in Cameroon's economic capital Douala, the company said on Wednesday. The plant will have a capacity of 0.5Mta, Addoha Group President Anas Sefrioui said over state radio after a meeting with Cameroon President Paul Biya. He added that Addoha intends to invest in the construction of low cost housing in the central African country "so as to give Cameroonians the opportunity to ... |