Cement News tagged under: capacity expansion
Unacem plans to invest US$58m in 201509 September 2014, Published under Cement NewsPeru's Unacem intends to invest US$58m in its Atocongo and Condorcocho works next year. The projects focus on the development of the Carpapata III hydropower plant, the cement mill and packing area (Condorcocha) as well as capacity expansions and other investments in fixed assets. This year, investments in its subsidiaries total US$545m as it signed a deal with Lafarge to acquire the latter's Ecuadorian cement subsidiary in June. Lafarge sales in the country are expected to reach US$190m.... |
Cemex03 September 2014, Published under Cement NewsCemex Latam Holdings is to invest around US$340m in building an additional cement works in Colombia. The new cement works will be built in the Antioquia department, which is enjoying good economic growth. The first phase will include a grinding centre and should be completed during the second quarter of next year. The second, and final, phase is scheduled for completion during the 2H16. When completed, it should take company's Colombian cement capacity from around 4.5Mta to just under 5.5... |
PT Indocement03 September 2014, Published under Cement NewsPT Indocement has reported a three per cent increase in domestic sales volumes to 8.97Mt in 1H14, compared to the same period in 2013. Export sales volumes of cement came in seven per cent higher at 36,000t while clinker exports tumbled from 44,000t in 1H13 to just 7000t in the first half of this year. Over the period net revenue increased by 6.5 per cent to IDR9498.56bn while EBITDA fell by 5.8 per cent to IDR3202.19bn. The company has announced plans to invest US$150m in two new greenfi... |
Anhui Conch Cement Co03 September 2014, Published under Cement NewsAnhui Conch has posted a 22 per cent YoY increase in revenue to US$4.68bn in 1H14. Net profit was also up by an impressive 90 per cent to US$945m, on the back of increased sales volumes and prices. Over the same period, the company saw aggregate net sales volumes of cement and clinker rise by 9.85 per cent YoY to 114Mt. In the first half of 2014 Anhui Conch has continued its expansion by acquiring four cement projects, commencing work on three clinker production lines and as many as 10 gri... |
PT Semen Indonesia03 September 2014, Published under Cement NewsPT Semen Indonesia has posted a disappointing 12.8 per cent rise in revenue to IDR12.88trn (US$1.13bn) in 1H14, compared to growth of 31.9 per cent in the same period last year. Sales volumes during the period came in 4.6 per cent higher at 12.8Mt, but this was still far lower than the 18.5 per cent growth seen in the first half of 2013. Net profit reached IDR2.82trn, 9.3 per cent up YoY. Semen Gresik accounted the 54 per cent of sales, followed by Semen Padang with 26 per cent and Semen Ton... |
Boosting Bolivian output02 September 2014, Published under Cement NewsWith Bolivia’s cement market growing by double digits in recent years, cement producers have invested in extending their production capacities. One such company is Coboce which has added a second production line to its Irpa Irpa cement works in Cochabamba, Bolivia, reflecting the cement maker’s continued drive for growth. By Javier Ramallo Rocha, Coboce, Bolivia. Coboce increases output at its Irpa Irpa cement plant in Bolivia with the installation of a 1.6Mta line and increased mi... |
Semen Indonesia to expand to 72.9Mta by 203011 August 2014, Published under Cement NewsPT Semen Indonesia said that it intends to expand its production capacity to 72.9Mta by 2030. As a result, output potential would more than double its present capacity of 31.8Mta, according to Dwi Soetjipto, Semen Indonesia's president director. The higher capacity would be achieved through building more plants or acquire the works of other cement producers, he added. "In 2014, the company has carried out strategic preparations for further expansion. The process of groundbreaking has bee... |
Semen Gresik orders new silos for Rembang11 August 2014, Published under Cement NewsIndonesia's Semen Gresik has ordered three new cement storage silos from Claudius Peters for its new integrated works at Rembang, Central Java. Claudius Peters will be supplying three expansion chamber storage silos with a diameter of 24m and a volume of 20,000t each. Cement will be discharged into two mobile VME-type bulk loading stations underneath each silo. Separate aeroslide transport to the packing plant is also included in the contract. The new cement storage silos will be inte... |
Paraguay: INC to increase output by 25% by March 201525 July 2014, Published under Cement NewsFollowing the upgrade of its cement mill at Villeta, Paraguay's Industria national de Cemento (INC) expects to increase its production by 25 per cent from March 2015, according to the company's president, Jorge Mendez. INC also envisages a 19 per cent fall in production costs with the new dryer for pozzolana, which represents an investment of US$2.5m. In addition, the company's US$25m fuel conversion project at the Vallemi works will allow for a greater flexibility in fuel use, permit... |
Nigeria: Lafarge to invest US$307m into Ashaka Cement expansion08 July 2014, Published under Cement NewsAshaka Cement (Lafarge Group) has secured a NGN50bn (US$307m) credit facility, in addition to internally-generated cash flows to expand its cement production base. Umaru Kwairanga, chairman of the Board of AshakaCem plc, disclosed that Lafarge Group was committed to the capacity expansion project in Ashaka and would deploy its global expertise in procurement and erection of new cement plant. “Given the extent of preparatory work that has been done, the project is a reality and will s... |