Cement News tagged under: expansion
Minister for the Economy visits Cimpor to see decarbonisation investments31 October 2024, Published under Cement NewsCimpor received a visit from Portugal's Minister of Economy, Pedro Reis, at the Alhandra Production Centre to present the company's strategic decarbonisation plan for the country, which represents a total of EUR360m to be invested in the Alhandra, Souselas and Loulé plants. This investment plan, which is already underway, aims to achieve carbon neutrality for Cimpor by 2050, which will place the historic Portuguese company at the forefront of the environmentally sustainable transition a... |
Holcim plans new US$44m calcined clay processing line in Czech Republic01 October 2024, Published under Cement NewsHolcim Cesko is set to embark on its largest investment to date with the construction of a new calcined clay processing line at its Cížkovice cement plant, worth CZK1bn (US$44m). This cutting-edge project, expected to be completed by the end of 2026, is part of Holcim’s broader decarbonisation initiative aimed at reducing energy intensity and eliminating reliance on fossil fuels. By incorporating calcined clay, a low-carbon material, the new line will significantly reduce CO 2 emissions a... |
JK Cement plans to invest INR30bn in capacity expansion18 September 2024, Published under Cement NewsIndia-based building materials manufacturer, JK Cement , has announced plans to invest INR30bn (US$358.4m) to increase its capacity by 25 per cent, from 24Mta to 30Mta by the end of FY25-26. Nearly INR8bn of the investment has already been made, with work on the brownfield expansion in Panna, Madhya Pradesh, and the greenfield grinding unit in Buxar, Bihar, underway. At Panna, the investment includes clinker capacity expansion, costing approximately INR24bn, while the greenfield unit ... |
UltraTech secures US$500m sustainably-linked financing for FY27 expansion goal27 August 2024, Published under Cement NewsUltraTech Cement , India's leading cement manufacturer, has unveiled an ambitious plan to expand its production capacity to over 200Mta by FY27. This strategic move is part of UltraTech's broader objective to maintain its leadership in the cement industry by meeting rising demand both domestically and internationally. Currently, the company operates at just over 130Mta but plans to significantly boost its production through the establishment of new greenfield facilities an... |
Dangote ramps up investment in Zambia with second plant24 June 2024, Published under Cement NewsDangote Cement has announced plans to double its investment in Zambia by building a second cement plant. The company has already constructed one plant in Masaita at a cost of US$450m but this investment will now be boosted to US$900m with plans for a second facility, reports The Guardian. The Masaita works is designed to have a cement production capacity of 1.5Mta and is scheduled to reach full capacity by the end of 2024. The new plant is expected to be commissioned soon. |
Maple Leaf Cement reclassifies PKR26bn investment plan18 June 2024, Published under Cement NewsMaple Leaf Cement Factory Ltd informed the Pakistan Stock Exchange (PSX) on 12 June that it had reclassified its PKR26bn (US$93.3m) capital expenditure plan. In addition, the Board of Directors of Maple Leaf Cement approved that for years the company has continued its expansion and diversification strategy and has made significant investments that have enhanced shareholder enterprise value. It continue to add that the board noted that because of these reasons, the general reserve of the... |
Eagle Materials expands Laramie plant21 May 2024, Published under Cement NewsEagle Materials has announced plans to modernise and expand its cement plant in Laramie, Wyoming, USA, and related distribution facilities, to serve the growing northern Colorado area, Nebraska, Utah and Wyoming. The upgraded plant and additional distribution facility in northern Colorado will feature state-of-the-art technology, designed to maximise operational efficiency and further strengthen Eagle’s low-cost producer position, according to the company. The expansion will increase t... |
UltraTech announces two new greenfield plants03 April 2024, Published under Cement NewsUltraTech Cement is investing INR324,000m (US$3.89bn) in capex over the next three years, including two new greenfield plants, which will add an additional 5.4Mta in cement production capacity. The two facilities will be located in Chhattisgarh and Tamil Nadu, taking the company’s total cement capacity to 151.6Mta. According to the company, this capacity is equivalent to more than 150 per cent of the capacity in the USA and 80 per cent of the capacity in Europe. It has taken 36 years f... |
Kant Cement Plant builds new clinker line01 April 2024, Published under Cement NewsKyrgyz Republic-based Kant Cement Plant OJSC has commenced construction of a new dry clinker production line. The new line will have a clinker production capacity of 2500tpa, equivalent to an annual capacity of 0.8Mt. The Kant Cement Plant, located in Ysykaty District, currently has a production capacity of 1.089Mta of cement and 0.99Mta of clinker. |
Caribbean Cement's expansion underway27 March 2024, Published under Cement NewsPhase one of Caribbean Cement Co Ltd ’s (CCCL’s) expansion project is well underway in Jamaica. It is anticipated that when the Rockfort plant 's expansion is completed, Caribbean Cement’s existing cement-production capacity will increase by approximately 300,000t. Phase One of CCCL’s expansion project, which will deliver an increase of up to 30 per cent in cement production, is progressing towards full completion next year. The company’s newly-appointed Managing Director, Jorge Martine... |