Cement News tagged under: New project
Sephaku cement project on track, South Africa28 March 2012, Published under Cement NewsConstruction work at Sephaku Cement’s new Aganang plant near Lichtenburg is gathering pace, a company official has said. Engineering News (EN) reported Aganang project manager, Werner Kieweg, as saying that its Chinese contractor, Sinoma International Engineering, currently had about 238 Chinese employees on site and about 38 local workers. At the peak of construction – expected in January 2013 – some 500 local workers and 1000 Chinese employees are expected to be employed on the project.... |
Indocement targets 30Mt production by 201727 March 2012, Published under Cement NewsPT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, has outlined several expansion project which will lift the producer’s cement capacity to the 30Mt mark by 2017. Output at the company, which is the second-largest producer in Indonesia, is targeting at 20.6Mt this year. Indocement is currently constructing a cement mill at its Citeureup, West Java, site with a production capacity of 1.9Mta which is scheduled for completion in 2013. The Jakarta Post also now reports tha... |
Gebr Pfeiffer awarded new contract in Azerbaijan27 March 2012, Published under Cement NewsBeijing Triumph Building Materials Engineering, part of the CNBM Group of China and acting as General Contractor for Norm LLC’s new cement line in Azerbaijan, has awarded Gebr Pfeiffer a contract to supply an MPS 5300 B vertical roller mill for raw material grinding. The grinding plant will be installed in a new 5000tpd at Qizildas cement works owned by the Azerbaijani company Norm LLC. Apart from the supply of the core components for the grinding plant, Gebr Pfeiffer will supply works... |
TCC International reports 38% rise in revenues26 March 2012, Published under Cement NewsTCC International Holdings Limited together with its subsidiaries reported a 38.6 per cent rise in revenues on the back of exceptionally strong demand during the low season in the first half of 2011 and increase in product average selling price. For 2012, it plans to consolidate its position further through organic and vertical integration. Revenue increased from HK$8.1bn (US$1bn) in 2010 to HK$11.26bn in 2011 while net profit reached HK$2.88bn from HK$1.53bn the year before. The group... |
Saudi Arabian orders for Gebr Pfieffer26 March 2012, Published under Cement NewsGebr Pfieffer has received two major grinding technology orders in the booming Saudi Arabian market. Najran Cement Company (NCC) in Saudi Arabia has placed a third repeat order with the company for a vertical roller mill at its 5000tpd production Line No 3. In December 2011, the general contractor China Electrical Equipment Imp & Exp Co (CEIEC) placed the order for a 500tph MPS 5000 B vertical roller mill for raw material grinding. In addition to supplying the core components of th... |
Fitch Ratings downgrades West China Cement23 March 2012, Published under Cement NewsFitch Ratings has downgraded West China Cement's (WCC) Long-Term Foreign Currency Issuer Default Rating (IDR) and Senior Unsecured debt rating to 'BB-' from 'BB'. The Outlook on the IDR is Stable. The rating action is driven by Fitch's view that the deterioration in WCC's gross profits and the increase in its financial leverage in H211 will persist through 2012. WCC's gross profit dropped to CNY76/t n in 2011 from CNY120/t in 2010, due to the weak average selling prices (ASP) in WCC's c... |
TPCC profit constrained by power issues, Tanzania23 March 2012, Published under Cement NewsTanzania Portland Cement Company Limited (TPCC) net profit rose slightly less than expected due to erratic power supplies but says the demand outlook is positive as it prepares to bring new capacity on-stream in the next quarter. Net profit rose by 0.4 per cent to TZS50.61bn in 2011. “Higher imports of clinker and frequent breakdown of machinery resulting from erratic power supply,” company chairman Jean-Marc Junon said in a statement on Thursday. Aside from these challenges, the compa... |
Indocement to invest in new factory, Indonesia23 March 2012, Published under Cement NewsPT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, is set to construct a new cement factory in Citereup, West Java, according to local press reports. Asia in Focus has reported that the company is investing US$440m in the new facility. Corporate secretary Sahat Pangabena, however, refused to give details about the plan, saying Indocement will announce details later this month. |
Himachal sees capacity reaching over 22Mt by 201523 March 2012, Published under Cement NewsCement and clinker production in Himachal is expected to reach 22.37Mt by 2015 after the north Indian state commissions the 3.75Mt JP Himachal Cement plant, according to Minister Krishan Kapoor told local press. Speaking to local press, Mr Kapoor said ACC had set up two cement plants at Barmana and Bilaspur district with 7.7Mta capacity while an agreement has been signed with JP Cements for the establishment of a second unit at Bagha with a capacity of 3.75Mt in August 2010 and the plant w... |
New Brazilian cement line project signed22 March 2012, Published under Cement NewsFLSmidth has been awarded a contract worth US$83m from the company Margem Companhia de Mineração (a subsidiary of Supremo Cimentos) for delivery of equipment and services for their new cement production line in Brazil. The plant is located in Adrianópolis, in the State of Paraná, approximately 130km North of Curitiba. The scope of supply includes all major process equipment including an EV crusher, a stacker/reclaimer, ATOX mills for both raw and fuel grinding, an ILC 5-stage preheater, a... |