Cement News tagged under: Weekly Newsletter
VICEM targets further growth in 201908 January 2019, Published under Cement NewsVietnam Cement industry Corp (VICEM) has reported a 10 per cent YoY increase in revenue to VND37trn (US$1.59bn) for 2018. The company also saw an 11 per cent rise in pretax profit to VND2.8trn. VICEM expects to push this even further by reaching a revenue of VND40trn in 2019. According to Bùi Hồng Minh, general director of VICEM, pretax profit is expected to hit VND3.2trn in the year ahead. To achieve these goals, the company will produce and consume 31Mt of coal. It will also invest in ... |
Iraqi Cement signs contract for new 6000tpd line07 January 2019, Published under Cement NewsChengdu Design & Research Institute of Building Materials Industry, wholly-owned subsidiary of Sinoma International Engineering, has signed an EPC contract to deliver a clinker production line for Iraqi Cement. The new line will be constructed in Samawah in Iraq's southern Al Muthanna province at an estimated cost of US$246m. The agreement will see the company take charge of mine design, supply of mining equipment and build the complete 6000tpd production line, from crushing raw materials... |
New 3Mta line planned for BUA's Kalambaina Cement07 January 2019, Published under Cement NewsNigeria’s BUA Group has signed another contract with CBMI for the construction of a new 3Mta line at Kalambaina Cement in Sokoto State. The announcement comes soon after a merger between Kalambaina Cement and the Cement Company of Northern Nigeria (CCNN) was given approval last month. Furthermore, the project arrives on the back of the completion of BUA’s 3Mta Obu Cement Line 2 around 90 days ago and the commissioning of its 1.5Mta first line at Kalambaina Cement just seven months ago. A... |
Vietnam demand up 10% in 11M1803 January 2019, Published under Cement NewsCement consumption in Vietnam remained largely stable in November 2018 when compared with the previous year at 5.675Mt, according to the Vietnam National Cement Association (VNCA). Of this total 1.955Mt was sold by the VICEM Group with an additional 1.62Mt through the company’s joint ventures. Other cement producers sold 2.1Mt in November, representing a four per cent YoY drop. MoM total domestic sales fell by four per cent with VICEM Group companies noting a six per cent drop and its joint ... |
Kiln break in McInnis Cement adds 1-2 weeks to production stop03 January 2019, Published under Cement NewsReports of a major kiln break at McInnis Cement’s Port-Daniel plant have indicated that the plant will see a production stop of 6-7 weeks. However, the company has said that a production stop for maintenance purposes was already scheduled and the break adds only 1-2 weeks to the initial plan. The break occurred on Thursday but the company has refused to confirm the exact nature of the damaged and the expected cost of repairs remains unknown. "It adds one to two weeks to our already planned... |
Ghori Cement is back in government control03 January 2019, Published under Cement NewsAfghanistan's government has taken back control of the Ghori Cement Factory. The Afghan Investment Co that was running the plant was held in violation of the law and decisions of the high economic council and the Ministry of Mines and Petroleum (MOMP) has ordered the company to hand over the plant. MOMP said the plant has the capacity to produce only 420t of cement and that the private company also violated its commitment to invest on a third plant. Afghan Investment Co officials have sai... |
Pioneer Cement to begin RDF usage02 January 2019, Published under Cement NewsUAE-based Pioneer Cement, a subsidiary of Raysut Cement, has signed an agreement with Emirates RDF that will lead to the use of fuel derived from household waste in its production plant. According to a statement, the company will be one of the first cement facilities in the region to use waste fuel. "Pioneer Cement has a strong focus in protecting the environment and the agreement, which will pave the way for us to use RDF (refuse derived fuel), is a pioneering step in bringing innovation i... |
Tajikistan records 24% production rise31 December 2018, Published under Cement NewsTajikistan recorded a 24 per cent YoY rise in cement production to o ver 3.5 Mt in Jan-Nov 2018, with about 40 per cent of this volume exported to neighbouring countries, according to media reports. Uzbekistan received most of the country's exports at a total of 738,000t since the beginning of the year. Meanwhile, cement exports to Afghanistan reached 481,000t and 85,000t were exported to Kyrgyzstan. Production in Tajikistan amounted ... |
GICA to commission new Sigus plant in March 201927 December 2018, Published under Cement NewsConstruction of the new Sigus integrated cement plant in Oum El Bouaghi province, Algeria, is 87 per cent complete, according to Sofiane Bensaci, Finance Director of the company. With a production capacity of 2.2Mta, the Sigus plant will employ 150 direct jobs and 2000 indirect jobs, and commence production in March 2019. Total investment in the plant, which is part of the state-owned Groupe Industriel des Ciments d’Algerie (GICA), is DZD51bn (USD429m). |
GCC commissions Rapid City plant expansion21 December 2018, Published under Cement NewsMexican cement producer Grupo Cementos de Chihuahua (GCC) has announced the expansion of its Rapid City, South Dakota cement plant became operational, adding 440,000tpa capacity to the existing plant. The expansion of the Dacotah cement plant began in 2016, with a total investment of around USD105m. The expansion increases the plant’s production capacity to 1.167Mta and is expected to reduce variable production costs. Earlier this year, GCC acquired the 0.3Mta Trident cement plant in Three... |