Cement News tagged under: expansion
India: Sanghi Industries INR12bn expansion09 November 2016, Published under Cement NewsSanghi Industries Ltd is planning to further develop its capacity following the 1.2Mta expansion of its plant in Kutch district. Production capacity at the Kutch plant recently rose to 4.1Mta. For the second phase of capacity augmentation, Sanghi Industries is looking to raise INR12bn (US$180.6m) to further increase capacity to 8.1Mta. The company is also seeking to establish a 15MW WHR system, expected to come online in two years. “Around [INR12bn] investment has been envisaged for the e... |
Dangote19 October 2016, Published under Cement NewsDangote’s lawsuit against Ibeto Cement Co has been adjourned to 1 November 2016 pending a decision by the Court of Appeal on the matter. Dangote is claiming that Ibeto is enjoying an undue advantage by evading taxes. Meanwhile, Nigeria’s federal government is contending that Dangote is creating a monopoly in the country’s cement sector, wiping out fair competition and a level playing field. Dangote has also come under fire in Ghana where the company’s tough pricing policies are being blam... |
India: JSW Cement capacity expansion by 202017 October 2016, Published under Cement NewsJSW Cement announced plans to expand its production capacity to 30Mta by 2020. According to Director and CEO of JSW Cement, Anil Kumar Pillai, an investment of INR27bn (US$404.3m) has been allocated to increasing capacity to 17Mta by 2018, up from its current capacity of 8.76Mta. The company has a five per cent market share in southern India and has plans to venture into the eastern markets. JSW Cement’s plants are located in Vijayanagar in Karnataka, Nandyal in Andhra Pradesh and Dolvi i... |
India: Sagar Cement reviews expansion plans13 October 2016, Published under Cement NewsSagar Cement is reportedly convening a meeting of its Board of Directors on 19 October. The meeting will address proposals for setting up a coal-based power plant at the company’s unit in Mattampally, Nalgonda district, and the capacity expansion of the grinding unit in Bayyavaram, Visakhapatnam district. The capacities for the two plants in question were not disclosed in the company’s statement. The company’s 2015-16 annual report states that Sagar plans to acquire a 181,500tpa grinding ... |
Cemex expects to complete Tepeaca expansion in 201813 October 2016, Published under Cement NewsCemex announced the expansion of its Tepeaca plant in Puebla, Mexico, to conclude in 2018. The plant will see the construction of a new kiln to take its production capacity to 7.6Mta. The project was started in December 2014 and represents an investment of US$642m, including fixed asset additions of US$442m incurred at the end of 2015. The expansion will generated 1500 jobs during construction and around 100 direct and 240 indirect jobs when the plant enters service. |
Uganda: Hima to open new plant27 September 2016, Published under Cement NewsHima Cement is set to invest US$40m in a new plant in Tororo with a view to raising its output to 1.8Mta. The company's CEO, Daniel Pettersson, said the decision was a step to address the rising demand in east Africa. Mr Pettersson said, “We are embarking on several projects, starting with the construction of a grinding station at the end of 2016.” Hima is the second manufacturer to gain a presence in Tororo, following Tororo Cement’s lead. Tororo Cement is also set to expand its capacity... |
Caribbean Cement Co invests US$5.5m to double output26 September 2016, Published under Cement NewsFollowing a US$5.5m investment to increase its capacity, Caribbean Cement Co Ltd has promised its customers that the restricted supply of its cement on the market will be rectified within 72h. The company noted that there had been reports of a flitch in the supply chain to local markets, but this has since been addressed and normal delivery times and volumes have been restored. A statement from Caribbean Cement read, “In recent months the company has embarked on a JAD700m (or US$5.5m) ove... |
India: Ramco mine expansion dispute23 September 2016, Published under Cement NewsA public hearing convened to discuss the expansion of a limestone mine belonging to a private cement plant owned by Ramco Cement in Sendurai, Tamil Nadu, was interrupted by attendees protesting the plans. Police removed 13 people who threw chairs and objected the proposal. The commotion began when a group of people barged into the meeting, complaining that they had not been given the opportunity to attend despite living in and around Thamaraipoondi, the village where the mine will be loca... |
Uganda: Hima Cement US$40m expansion20 September 2016, Published under Cement NewsHima Cement has said that the ongoing capacity expansion project at its new plant under construction in the Eastern district of Tororo will see an additional 1.9Mta of cement enter the local market. Hima CEO, Daniel Patterson, said that by the end of 2016 the company will have invested US$40m into the project. |
Egypt sets out on a new course05 September 2016, Published under Cement NewsPresident Abdel Fattah al-Sisi has managed to return a certain degree of stability to Egypt, with the economy expected to show a gradual recovery. A broad infrastructure programme and robust housing demand is providing the foundation for a strong growth in construction, while the government is calling for the cement industry to increase its capacity. The urgent need to expand Egypt's inrastructure and deal with the considerable housing shortage are expected to drive cement demand f... |