Cement News tagged under: greenfield
Wonder Cement appoints new MD26 March 2021, Published under Cement NewsIndia’s Wonder Cement has appointed Kiran Patil as its new managing director, with effect from 15 March. Mr Patil has previously worked as the chief manufacturing officer of ACC. "Having worked with some of the top cement manufacturers in the country and having handled multi-dimensional portfolios across segments, Kiranji’s appointment will surely be a significant contribution to Wonder Cement’s success story," said Vivek Patni, director. The company is currently commissioning grinding un... |
New 2Mta plant planned for Cambodia19 March 2021, Published under Cement NewsCambodia’s Conch KT Cement (Phnom Penh) plans to build a US$263m cement factory in Aoral, Kampong Speu province, with a 2Mta capacity, according to the Phnom Penh Post. Conch KT Cement is a joint venture between China’s Conch International Holding (HK) Ltd and Battambang KT Cement. The joint venture currently operates another 2Mta facility in Ratanak Mondol district, which started up in 2018. Conch KT Cement’s feasibility study on the project is reportedly almost complete, as the compa... |
Togo's new 2.5Mta plant to open next September12 March 2021, Published under Cement NewsCimMetal has provided an update for its 2.5Mta new plant project in Togo. Preliminary works related to construction are now 65 per cent complete and the plant is expected to open in September 2022. The company is set to invest XOF65bn (US$118.26m) in the project, while CimCo also received XOF25bn of funding from the West African Development Bank. |
New cement project set to begin in Ethiopia09 March 2021, Published under Cement NewsLemi National Cement Industrial Complex, a new private industrial park, is set to be built in the Amhara region of Ethiopia by private investors, according to The Swazi Observer. The US$2.2bn complex is expected to feature many different factories, including a 10,000tpd cement plant. Other factories to be built at the park include gypsum, board and glass manufacturing. The new park is owned by East Africa Holdings, the group which also runs National Cement. China’s West International Hold... |
New cement capacity in Punjab planned22 February 2021, Published under Cement NewsFauji Cement and DG Khan Cement plan new capacity in Punjab, Pakistan. Top industry officials believed that construction activity is picking up, and that there will be a significant spend on infrastructure. Thus, both cement companies' Board of Directors have decided to invest in additional cement capacity. Fauji Cement has approved the setting up of a 2.05MMa greenfield cement plant in Dera Ghazi Khan. The project's construction work is expected to commence within the current financial y... |
Ramco Cements sees 4% rise in revenue05 February 2021, Published under Cement NewsIndia’s Ramco Cements has reported a four per cent YoY rise in revenue from operations to INR13.24bn (US$181.55m) for the December 2020 quarter. Gross earnings advanced 91 per cent YoY to INR4.03bn. However, cement sales declined 7.1 per cent to 2.6Mt from 2.8Mt in the 3QFY19-20. "The sales volume in the current quarter was impacted due to extended and above normal monsoon in Tamil Nadu, Kerala, Karnataka, AP and Telangana," said the company. Cement prices were also under pressure in all of... |
Lucky Cement announces 3.15Mta Pezu expansion02 February 2021, Published under Cement NewsPakistan’s Lucky Cement Ltd has announced a further expansion to its Pezu plant on the back of positive results from the domestic cement sector. "Keeping pace with the increasing demand in the domestic cement industry, on the back of revival of economic activity and uptick in construction projects including both retail level projects as well as mega infrastructure development projects the company has decided to enhance its cement production capacity at its Pezu Plant by 3.15Mta," said the ... |
Onyx Group to begin operations at 3.6Mta plant this year19 January 2021, Published under Cement NewsSri Lanka’s Onyx Group is expecting to commence operations at its new grinding plant this year, according to Nandana Lokuwithana, chairman of the group. The US$100m project is expected to have a 3.6Mta capacity and be based in Mirijjawila, Hambantota. |
Star Cement ready to commission Bengal plant12 January 2021, Published under Cement NewsIndia’s Star Cement is expected to begin commercial production soon at its 2Mta grinding unit in Jalpaiguri, north Bengal. "The project is undergoing trials and can begin production anytime soon. This is our first greenfield cement project in West Bengal though we have plyboard manufacturing through Century Plyboards," said Sanjay Agarwal, MD. The company will source clinker from its integrated plant in Meghalaya, while fly ash will be procured from West Bengal or Bihar. "We will invite ... |
Punjab government approves five cement plants09 December 2020, Published under Cement NewsThe Punjab Chief Minister Sardar Usman Buzdar has approved setting up five new cement plants by the private sector in Punjab province, Pakistan, at an estimated investment of PKR150bn-200bn (US$0.935bn-1.246bn). The winners' names are yet to be disclosed officially, but the market believes approval was given to Lucky Cement, DG Khan, PIOC, Kohat Cement and Fauji Cement Ltd. Earlier, the cement industry in Pakistan expects double-digit growth in demand of 12-14 per cent for the current fis... |