Cement News tagged under: capacity expansion
Egypt: South Valley Cement to double capacity03 September 2015, Published under Cement NewsTamer Abdel Rahman, investor relations manager of South Valley Cement, said that the company intends to double its production capacity to 3.2Mta. He added that the intended increase is supported by two new cement mills under construction, Alborsa newspaper reported. Simon CDI is building the new line which will have a cement capacity of 1.7Mta. The new capacity is due to come on-stream in 2017. |
Cemex02 September 2015, Published under Cement NewsCemex has agreed two separate disposals of operations in Austria and Hungary to the Rohrdorfer Group. It is anticipated that these deals will be concluded during 4Q15. Firstly, it will receive EUR160.1m from subsidiaries of Südbayerisches Portland-Zementwerk Gebr Wiesböck & Co GmbH, Rohrdorf, for 24 sand and gravel plants and 34 ready-mixed concrete batching plants in Austria as well as five sand and gravel plants, 34 ready-mixed concrete batching plants and four road stone plants in Hung... |
Mexico to maintain momentum?10 August 2015, Published under Cement NewsMexican cement demand reached a turning point in the third quarter of last year and recent statistics appear to be pointing to a material increase in construction activity. The domestic cement industry is now bouncing along nicely thanks to better utilisation and higher pricing, but with new capacity set to enter the market, for how long can this momentum be maintained? By Francisco Suarez & Ramón Obeso, Scotiabank Inverlat SA, Mexico. The real estate sector leads Mexico’s constructio... |
Cementos Molins appoints new CEO06 July 2015, Published under Cement NewsCements Molins has appointed a new CEO, Julio Rodríguez. Mr Rodríguez worked formerly at Schneider Electric and is since 1 July the first CEO outside the Molins family. He is expected to continue the overseas expansion of Cementos Molins. "If there is something we should do, it is to continue the growth plan. With new ideas, new investments, we'll see where, but with the growth plan." Despite the pick-up in its home market of Spain, Cementos Molins is centring its investment in Latin Americ... |
China National Building Materials (CNBM)29 June 2015, Published under Cement NewsProduction is due to get underway in December this year at Southern Province Cement’s second Bishah line, as supplied by China National Building Materials (CNBM). The line has been built at a total cost of SAR713m (US$190m) to help meet growing demand in Saudi Arabia. The Bishah plant currently has a production capacity of 5200tpd, but the new line will add an additional clinker capacity of 5200tpd once up and running. The deal for the new line was signed in 4Q13 and was financed by a com... |
Cemex01 June 2015, Published under Cement NewsCemex has announced a US$300m investment in the Philippines, the principal element of which will be a new 1.5Mta integrated cement works at its Solid works on Luzon. This would double the capacity at this plant and represent an overall increase in the group’s Philippine production capacity of around one quarter. Earlier this month, Cemex Philippines officially inaugurated the latest expansion of its APO works on Cebu as well as two logistics centres at Visayas and at Mindanao. That represent... |
Votorantim01 June 2015, Published under Cement NewsVotorantim aims to treble the capacity of its Sivas cement works in Turkey to 1.8Mta at a cost of around EUR140. Work is about to start, with completion scheduled for 2017 and when completed will raise Sivas’ share of Votorantim’s Turkish capacity from 19 to 42 per cent. |
Dangote Cement01 June 2015, Published under Cement NewsDangote Cement has attributed its strong 1Q15 results to the arrival of its new African factories, improved gas supplies to its plants and the reallocation of production to tax-free facilities. The quarter saw revenue increase by 10.8 per cent to NGN114.7bn (US$576m) with gross profit advancing by a similar margin to NGN74.7bn. EBITDA grew by 13.9 per cent to NGN72bn, while cement volumes came in 3.4 per cent up at 3.8Mt. In Nigeria cement sales reached 3.1Mt during 1Q15, compared to 3.47... |
An expanding African portfolio12 May 2015, Published under Cement NewsWith a per capita cement consumption of just about 100kg and planned industrialisation and infrastructure development, sub-Saharan Africa is poised for important long-term growth. This high-growth potential has led HeidelbergCement to significantly invest in new capacity in the region, with a number of new completions under its wing. By HeidelbergCement, Germany. HeidelbergCement’s new Cimburkina cement grinding facility in Burkina Faso (pictured) and the Scantogo clinker plant in ... |
Brazil: future secured?11 May 2015, Published under Cement NewsThe expansion of Brazil’s cement production base continues unabated despite storm clouds gathering on the economic horizon. However, this Latin American giant still requires the construction of infrastructure and housing to support its national development and the future of the cement industry appears guaranteed. Cimento Portland Partipações (CPP) has plans for four new cement plants. Pictured is the São Luis works, completed in November 2014 by FLSmidth. CPP is now preparing the e... |