Cement News tagged under: capacity expansion
UltraTech Cement03 February 2015, Published under Cement NewsFollowing its acquisition last month of two cement plants and related power assets from Jaiprakesh Associaties Ltd in Madhya Pradesh, UltraTech Cement Ltd has announced further expansion plans including two greenfield grinding units in Bihar and West Bengal. The new plants, which will add 3.2Mta capacity, will enable UltraTech to take advantage of the predicted upturn in cement demand in India. According to the government, the combination of 5.5 per cent economic growth in 2015 and a kick... |
Ecuador: Peru’s Cementos Yura buys stake in Unión Cementera Nacional26 January 2015, Published under Cement NewsCementos Yura, part of Peru’s Grupo Gloria, has acquired a 63.5 per cent share in state-owned Unión Cementera Nacional of Ecuador, which will hold the balance of shares. The $230m investment will be disbursed to the Ecuadorian cement producers via a trust over the next 40 months, during which the construction will take place of a new 2400tpd clinker production line in Riobamba. "We will participate in this company with this contribution and are very optimistic that this will benefit t... |
Cemex06 January 2015, Published under Cement NewsCemex is restarting work on expanding the Tepeaca works in the state of Puebla, Mexico, that was halted in 2008, with a view of completing the expansion in 2017. This will require an additional US$200m to be spent on top of the US$450m spent up to 2008. When the work is completed, it is expected to raise Tepeaca’s capacity from the current 3.2 to 7.6Mta. Cemex is building a new cement works in Colombia for completion in 2017. The equipment for the new Cementera del Magdalena Medio cement ... |
Savannah Cement confirms KES18bn investment in grinding unit24 December 2014, Published under Cement NewsKenya’s Savannah Cement confirmed plans to invest more than KES18bn (US$199m) in its second high-efficiency milling unit to meet the growing demand in the Kenyan market. The new grinding plant will be installed at the company’s Kitengela site and is part of the company’s strategy to operate a fully-integrated cement business. Savannah Cement’s MD, Ronald Ndegwa, also said that plans for its clinker manufacturing are in an advanced stage and the project would see its groundbreaking in the ... |
JK's Mangrol expansion15 December 2014, Published under Cement NewsJK Cement Ltd is one of India’s leading cement producers with four domestic grey cement plants and a newly-established presence in the UAE. The company has undertaken an ambitious plan to raise its Indian cement capacity substantially by 2017. The recent completion of its Mangrol brownfield expansion project in the northern Indian state of Rajasthan marks a key step towards this goal. By MP Rawal, D Ravisankar & RK Bajaj, JK Cement Ltd, India. JK Cement's Mangrol expansion project was... |
Mongolia on the move03 December 2014, Published under Cement NewsTo ensure an increasing domestic supply of the rapidly-expanding Mongolian cement market, existing producers are expanding and modernising their production base and new players are entering the market. In a transformation process not seen in the past three decades, Mongolia’s cement industry is clearly going places. Mongolian ALT (MAK) is building a 1Mta cement works at Khukh Tsav, Dalanjargalan district, Dornogovi While Mongolia remains among the world’s fastest-growing economi... |
Reliance Infrastructure plans to triple capacity to 15Mta by 201701 October 2014, Published under Cement NewsIndia’s Reliance Infrastructure plans to nearly triple its cement capacity to 15Mta over the next three years. The current capacity at the company, led by Anil Ambani, is 5.8Mta as the cement producers operates plants in Madhya Pradesh, Maharashtra, Uttar Pradesh and Bengal. "We will be tripling our cement capacity in the next three years by setting up new plants in MP and Maharashtra," company chairman Anil Ambani told shareholders. He added that expected new road projects will offer ... |
Turkey's confident approach29 September 2014, Published under Cement NewsCement demand in Turkey expanded at nearly three times the rate of the national economy in 2013 and producers remain optimistic about the future. As Cemtech Conferences & Exhibitions heads to the stunning city of Istanbul for its 23rd European event, this report highlights the latest domestic market and trading trends for one of the world’s most buoyant cement industries. By Turkish Cement Manufacturers Association (TÇMB) & ICR Research. Cemtech Conferences & Exhibitions, with support... |
KHD's Turkish success stories24 September 2014, Published under Cement NewsThe past six months have seen the successful performance tests of second production lines at Kahramanmaras Çimento and Askale Çimento’s Van cement plant, both carried out by KHD Humboldt Wedag. The projects are just the latest in a long line of achievements for the German equipment specialists in Turkey, a country where new projects continue to be established. Askale Çimento’s Van plant in eastern Turkey recently saw the completion of its new 3500tpd clinker line The Turkish cem... |
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.... |