Cement News tagged under: capacity expansion
Guinée Industries Cement starts expanded works02 October 2018, Published under Cement NewsGuinée Industries Cement announced the official start of its upgraded cement production facility on 29 September 2018. The modernised works has increased its capacity from 0.7Mta to 1.4Mta. "I think today is a big sigh of relief and great comfort for our group. Because our vision is to facilitate the supply of major infrastructure projects in the country in quality product. Today, with this doubling of our production capacity from 700,000t to 1,400,000t, I think this goal we have set ourse... |
Anhui Conch26 September 2018, Published under Cement NewsIn the opening six months of 2018, Anhui Conch reported a 43.36 per cent increase YoY in revenue to CNY45,742m (US$6655m), in accordance with International Financial Reporting Standards. Profit attributable to equity shareholders over the same period came in at CNY12,964m, up 92.38 per cent YoY, while basic earnings per share advanced by 92.68 per cent from CNY1.27 in 1H17 to CNY2.44. All regions saw an increase in revenue with the East China sales region advancing by 53.37 per cent YoY ... |
Holcim Philippines to raise capacity of La Union plant26 September 2018, Published under Cement NewsHolcim Philippines has announced that it intends to raise the capacity of its facility in La Union, Luzon, from 1Mta to 1.8Mta by the first half of 2019, to further support the construction activity on the island. The company is currently installing new equipment and storage facilities at the plant, while implementing efficiency initiatives in its Bulacan, Manila and Batangas facilities. "Holcim Philippines remains committed to the development of Luzon and the entire country and we intend... |
Trading up prospects30 August 2018, Published under Cement NewsThe South American region (excluding Brazil) has many cement producers not only investing in new production lines in their domestic markets but also looking to build capacity to advance exports. ICR provides a round-up of recent activity in the region and looks at the reasons for increases in cement demand and production capacity. In Argentina cement producers such as Cementos Avellaneda (pictured) continue to expand their capacity South America is one of the smaller cement-prod... |
Dalmia Cement plans to double capacity in east27 August 2018, Published under Cement NewsDalmia Cement (Bharat) Ltd, India, plans to double its cement manufacturing capacity in the east to 17Mta in 24 months at a total investment of INR35,000m (US$499m), said a top official according to The Hindu. “Currently, we have four units operating in the east producing 8.5 million tonnes of cement annually,” said Mahendra Singhi, group CEO, cement and whole-time director, DCBL. “As part of our expansion plan, we have decided to put up two new units in Odisha and one each in Bihar an... |
Pakistan central bank forecasts large cement capacity expansion16 July 2018, Published under Cement NewsPakistan's cement industry is currently undergoing a major transformation, as a number of players are planning capacity expansions at an estimated cost of US$2.12bn between FY18-21. According to State Bank of Pakistan's special report, almost half of the players in the industry have so far announced capacity expansion to 23.4Mta towards the production facility – a staggering increase of about 50 per cent in next few years – to reach around 72.8Mta. More than 3Mta cement capacity has alre... |
Maple Leaf Cement updates about expansion13 July 2018, Published under Cement NewsMaple Leaf Cement Factory Ltd has advised the Pakistan Stock Exchange (PSX) about the company's progress on the implementation of the additional of 7300tpd clinker line at its Iskanderabad plant. The project will raise the plant's total grey cement capacity to 18,000tpd at a cost of INR25bn. The project cost is being financed approximately 17 per cent by way of right issue, 51 per cent through bank loans and the rest from internal cash generation. Letters of Credit (LCs) for supply a... |
Cemex02 July 2018, Published under Cement NewsCemex Holdings Philippines is spending some US$225m to increase the capacity of the Solid Cement works from 1.9Mta to 3.4Mta. Around US$57m is being spent this year and the project should be completed during the first quarter of 2020. |
Power Cement completes Nooriabad expansion finance21 June 2018, Published under Cement NewsOne of the Pakistan’s leading cement producers, Power Cement Ltd has completed financing arrangements of PKR24.9bn (US$205m) for the 2.5Mta expansion of its cement plant Nooriabad Industrial Area, Kalo Kohar District, Jamshoroo, Sindh. On completion of this expansion, Power Cement will be the second-largest producer in the Southern Region by May 2019, with the total capacity of 3.4Mta, saidTahir Iqbal, the company's CFO. The breakdown of financing includes equity of PKR1.3bn by foreign in... |
My Home Industries considers 50% capacity expansion13 June 2018, Published under Cement NewsIndia-based My Home Industries is considering a capacity expansion of up to 50 per cent over the next four years, according to the Business Line. The company has announced that its awaiting clearance from the board for the expansion, which would see it increase capacity to 15Mta from 10Mta. "Investment and location for expansion will be decided when we finalise the plans. We have the opportunity to expand in our existing locations also," said Vijay Vardhan Rao, marketing president, My Home... |