Cement News tagged under: New projects
Cementos Molins cuts back in Spain while expanding in foreign markets13 February 2013, Published under Cement NewsAs the Spanish construction crisis shows no sign of abatement, Cementos Molins expects to continue the adjustment in its Spanish workforce. The company’s vice-president and CEO Joan Molins said the company would be restructuring its operations, cutting back in Spain and increasingly shifting its focus to foreign markets. He announced new projects in Uruguay, Brazil, Mexico and Tunisia. Over the past five years, the firm increased its number of employees abroad from 2500 to 3200. In a... |
Welcome to the new builds (1)02 January 2013, Published under Cement NewsThe global economic crisis has not only seen a considerable drop in new kiln capacity projects in 2011, but has also caused significant shifts in the world of turnkey services. However, new kiln capacity figures for 2012 indicate signs of a recovery as around 50-60Mta of new capacity are estimated to have been added over the past year. In the first of a three-part feature, CemNet takes stock of new cement capacity projects around the world, focussing on the Americas and Europe. FLSmid... |
Fulfilling Libya's potential19 November 2012, Published under Cement NewsLibya has witnessed considerable upheaval in the past few years but now, at the end of 2012, the country is emerging from the debris and is preparing for extensive reconstruction activity. However, the local cement industry will need to carry out massive expansion to its production base or face being flooded by imports. By Mohamed Douas, El-Kafaa Co, Libya. As peace returns to Libya, the country resumes its position, along with Algeria, as one of the Mediterranean's most important ... |
Indian cement sector to add 21.2Mta by the end of 201314 November 2012, Published under Cement NewsProject completions in India are expected to proceed at a brisk pace in the 2H12-13. In the cement sector, 21.2Mt of additional production capacity has been lined up for completion in 2012-13, of which 5.7Mt was established in the first half. The major projects targeted for completion belong to ABG Cement (3.3Mt), Vicat Sagar Cement (2.8Mt), HeidelbergCement India (1.9Mt), Cement Manufacturing Company (1.6Mt) and Century Textiles and Industry (1.5Mt). |
HeidelbergCement08 October 2012, Published under Cement NewsHeidelbergCement is investing US$250m in a 1.5Mta clinker plant at Tabligbo, some 80km to the north of the capital Lomé, for completion in 2015. The clinker will be ground into cement at HeidelbergCement mills elsewhere in the country and at group mills in Benin, Ghana and Burkina Faso. The group is also building a grinding centre with a capacity of 0.2Mta at Dapaong in the far north of Togo, close to the borders with Burkina Faso and Ghana. Like the Tabligbo investment, completion is s... |
Bartin's milestone01 October 2012, Published under Cement NewsEarlier this year an installation of a new pyro line including a state-of-the-art six-stage preheater with calciner was completed at Bartin Çimento, Turkey. Shortly after commissioning, Bartin Çimento and EPC contractor Bilim Makina confirmed that the measured parameters met all guarantees. This installation marked another milestone in Turkey, which is one of the few countries in Europe where new cement plants are presently being built. Frank Lichomski of IKN GmbH, Germany, takes us through ... |
HeidelbergCement invests US$250m in Togo24 September 2012, Published under Cement NewsHeidelbergCement will invest US$250m in the building of a new clinker plant and a cement grinding unit in Togo. The new cement works, which will be located in Tabligbo, around 80km northeast of the Togo capital of Lome will have a capacity of 1.5Mta, while the new 0.2Mta grinding facilities will be constructed in Dapaong, 600km to the north. “The construction of the new clinker plant and the cement grinding facility is part of our strategy of focussing on expanding our clinker and cement... |
Dangote sets sights beyond Africa24 September 2012, Published under Cement NewsDangote Cement is expanding out of Africa. While its chairman Aliko Dangote remains firmly committed to the continent and its 40Mta production capacity owned by the company, he has set his sights beyond its borders – starting with Iraq and Myanmar, where plant construction could start as early as next year. When asked why he is investing specifically in those locations, he gives the example of Myanmar. As the country opens up, the opportunity is currently there to invest but may disappear at... |
Fitch Ratings says outlook for Indian construction stable07 August 2012, Published under Cement NewsFitch Ratings says that the outlook for the Indian construction sector remains stable for 2H12, despite the continued unfavourable macroeconomic environment, as some of the risks have already been factored into the ratings. However, the medium-term outlook could be affected by ongoing challenges in execution, coupled with high interest rates and lacklustre equity markets. Fitch is concerned about the construction sector's growing order book position amid slowdown in project execution, as th... |
Athi River Mining pretax profit rises 24%25 July 2012, Published under Cement NewsKenya’s Athi River Mining posted a 24 per cent rise in first-half pretax profit thanks to increased cement sales. The country’s second-largest cement producer, behind Bamburi Cement, said pretax profit for the six months to June rose to KES790.96 (US$9.4m). The company is positive on its second-half outlook due to anticipated cut in interest rates, a stable shilling and good growth in infrastructure demand. It also expects its new 1.5Mta cement plant in Dar es Salaam, Tanzania to bo... |