Cement News tagged under: New project
New order of Intensiv-Filter in Lebanon02 March 2012, Published under Cement NewsCiment de Sibline is the third largest clinker and cement manufacturer in Lebanon. For energy saving and utilisation of grate cooler waste gases for raw materials drying, the company decided to replace the existing two separate dedusting systems – a multicyclone on the cooler exit and an ESP for mill and preheater kiln gases - by a new common bag filter. This bag filter will dedust both the kiln/raw mill gases and the clinker cooler excess air. Intensiv-Filter received the order for the tu... |
Cementos Moctezuma reports solid quarter, Mexico01 March 2012, Published under Cement NewsCorporation Montezuma reported that during the fourth quarter of 2011 EBITDA grew to 25% over the same period a year ago. A report in El Economista show that for full year 2011, the company reported a 15% growth in sales, supported by a strong advance of 13.7% in cement volume, partially offset by a fall of 2.6% in concrete volumes. EBITDA for 2011 was 10% higher than a year ago, but the EBITDA margin shrank from 36.2% to 34.5%, mainly due to the installation costs associated with the ... |
Titan America receives air permit for Carolinas project, USA01 March 2012, Published under Cement NewsOfficials from Carolinas Cement Company announced that the Division of Air Quality of the North Carolina Department of Environment and Natural Resources (NCDENR) has issued an air quality permit to parent company Titan America LLC to construct a cement plant in Castle Hayne. The issuance of the Permit comes after four years of technical review of the proposed facility to ensure it will comply with North Carolina's air quality regulations and standards. The permit was issued after extensive ... |
Dangote to begin Phase 2 of Ibese plant, Nigeria01 March 2012, Published under Cement NewsDangote Group said it is set to commence the construction of the second phase of the 6Mta cement plant which forms part of the company's plan to become a major force in cement production through a number of projects across Africa. In a statement by the company published in the Vanguard, Alhaji Aliko Dangote, President/CEO, said: “In a few weeks from here, we will start the construction of another 6Mta, which will take Ibese to 12Mta when completed. The new facility will be located 5km fro... |
Vietnam Jan-Feb production down 14%29 February 2012, Published under Cement NewsCement production in Vietnam is estimated to have reached 7Mt in the first two months of this year, down 14 per cent YoY, data from the government’s General Statistics Office (GSO) said in a monthly report released today. In February alone, however, production is expected to have reached 4.1Mt, up 20.7 per cent from the same month of last year. However, the GSO revised down the country’s cement production from an estimated figure of 4.2Mt to 2.9Mt. For full year 2012, output is fore... |
Azerbaijan readies itself to export cement by 201429 February 2012, Published under Cement NewsThe government of Azerbaijan has said that by 2014 the country will be exporting 25 per cent of the cement it produces as new capacity comes on-stream in the coming years. President Ilham Aliyev said that domestic production covers 44 per cent of domestic demand, by 2013 this figure will reach 75 per cent, and by 2014 production will supass demand to 125 per cent. "As a result, in two years due to construction of new cement plants, Azerbaijan will be able to export 25 per cent of cemen... |
Siam raises stake in Philippine firm, mulling Myanmar plans29 February 2012, Published under Cement NewsThailand’s Siam Cement has reached a deal to raise its stake in a listed Philippine building materials firm from 40 per cent to 80 per cent in a deal valued at THB1bn (US$33m). However, the company has declined to name the firm, but it is thought to be Mariwasa Siam Holdings of which the company owns 40 per cent according to its latest annual report. Siam chief executive Kan Trakulhoon declined to confirm. Mr Trakulhoon said it would make a decision by the end of this year on weather i... |
Jaiprakash to hive off cement company, India28 February 2012, Published under Cement NewsJaiprakash Associates will hive off its cement plants and other units of the company to wholly-owned subsidiary, Jaypee Cement Corporation, the Economic Times of India reports. "We are pleased to inform that the equity shareholders and creditors of the company, in their respective meetings held on February 25, have duly approved the scheme of arrangement," Jaiprakash Associates said in a statement to the Bombay Stock Exchange (BSE). Cement is one of the major businesses of Jaiprakash Asso... |
Indonesia to invest US$6.3bn in new capacity projects24 February 2012, Published under Cement NewsIndonesian cement producers plan to invest IDR57trn (US$6.3bn) to raise domestic production, chairman of the Indonesian Cement Association (ASI) said. The Investor Daily reports the investment is expected to produce an additional 30Mta of cement and could advance total cement production to 90Mta in 2017. Capacity currently stands at 52Mta. “With a population of 240 million and cement prices that continue to go up, it makes Indonesia an attractive market for [investors],” said Urip Timu... |
Falluja Cement factory to be rehabilitated, Iraq23 February 2012, Published under Cement NewsIraq’s Ministry of Industry and Minerals has signed a 20-year investment contract to rehabilitate the Fulluja Cement Factory, as the country emerges seeks to attract inward investment to accelerate the rehabilitation of the economy. A statement by the ministry said it has “signed a contract with an Iraqi company, backed by Arab and foreign companies, to rehabilitate and operate the Falluja Cement Factory, which ceased its production since 1986 due to technical and economic problems," said... |