Cement News tagged under: greenfield
Potential impacts of Pakistan capacity build27 July 2017, Published under Cement NewsPakistan cement producers have embarked on an ambitious expansion phase but could this fast-paced capacity build up be leading to a potential supply glut and a reduction in company margins? All the industry's major players are undertaking new investment projects and some 32Mta of capacity is due to come online in the next 5-6 years. This has led one local research house to warn that following tremendous valuation expansion in the last three years, risks are now becoming more prominent in ... |
UltraTech to build Madhya Pradesh plant20 July 2017, Published under Cement NewsIndian cement major UltraTech plans to establish an integrated cement plant in Madhya Pradesh with a capacity of 3.5Mta. "The board has approved a greenfield integrated cement plant at Dhar in Madhya Pradesh with a capacity of 3.5Mta. The plant will involve an investment of INR2600 crore [US$403m] and is likely to being commercial production by the fourth quarter of FY19," UltraTech chairman, Kumar Mangalam Birla, said during the company's 17th annual general meeting. The new plant will... |
DG Khan Hub plant to start production by year-end19 July 2017, Published under Cement NewsDG Khan’s new US$300m Hub cement plant in Balochistan province, Pakistan, will begin production by December 2017, according to a local brokerage house. The Express Tribune reported yesterday that Shajar Capital said it along with its clients paid a visit to the construction site to assess the process which “as per the project management is expected to come online by the end of calendar year 2017.” The company has set the target to complete its civil work by September 2017 and move into ... |
RINL and CCI to set up cement plant17 July 2017, Published under Cement NewsSteel producer Rashtriya Ispat Nigam Ltd (RINL) and the Cement Corporation of India (CCI) have signed a Memorandum of Understanding (MoU), to establish a 2Mta fly ash and blastfurnace slag-based cement plant in a joint venture in two phases of 1Mta capacity each. RINL is offering around 35 acres of land for the proposed plant on its premises. The project is proposed to be completed in 15 months from the date of placement of order. |
Votorantim Cimentos inaugurates new Sivas plant06 July 2017, Published under Cement NewsVotorantim Cimentos on Wednesday inaugurated its new plant in Sivas, central Turkey, continuing the company’s strategy of geographic diversification with investments in markets with high growth potential. Involving an investment of EUR140m, the new plant has a capacity of 1.8Mta and will replace the company's old Sivas facility, located about 500km from the capital Ankara and 900km from Istanbul. “This expansion makes our Sivas operation not only more competitive and efficient, but also be... |
Conch to begin Ulyanovsk plant construction in 201828 June 2017, Published under Cement NewsAnhui Conch Cement of China plans to begin construction of a cement plant in Russia's Ulyanovsk region, in spring 2018, local media have reported citing the press office of the region’s Russian Development Corp. "At the moment, a legal entity has been established and the first staff recruited to coordinate all activities carried out under the project. The design work has begun. In spring of the next year, the company plans to start construction,” Sergey Vasin, director of the Ulyanovsk Reg... |
McInnis produces first cement21 June 2017, Published under Cement NewsMcInnis Cement announced the production of the first cement on Friday, 16 June 2017, in line with the company’s schedule. “This important milestone marks the work of hundreds of employees, workers and partners who have helped make our plant a performance model for the cement industry, both in terms of productivity and environment,” said Hervé Mallet, President and CEO of McInnis Cement. “With the production of the first cement, our team has commenced the various tests required in our labor... |
Semen Baturaja expecting higher sales19 June 2017, Published under Cement NewsIndonesia state-owned cement producer Semen Baturaja is anticipating higher sales this year following the start-up of operations at its new line together with government infrastructure projects. “Additional production will occur in July with the operation of our new factory,” Semen Baturaja president director Rahmad Pribadi told local press on Thursday. “Our existing [production] capacity has been fully absorbed by the market and we will have additional capacity in the second half to boost... |
New plants in the pipeline for Andhra Pradesh15 June 2017, Published under Cement NewsThree Indian companies have proposed to set up new plants in the southern Indian state of Andhra Pradesh, Business Standard (India) reports. According to the state government, Chettinad Cement Corp plans to set up a grinding unit and cement plant in Vizag and Guntur districts, respectively, with start-up scheduled for March 2019. Meanwhile, KCP Ltd is to set up a plant in Krishna district, the first phase of which is due to begin operations in a year's time. Rain Group, which also ha... |
EMG planning new Egyptian plant15 June 2017, Published under Cement NewsThe Electro-Mechanical Design Group (EMG) is conducting preliminary studies for the construction of a new ce ment plant in Egypt having secured the cement licence prospectus documents. Vice chairman Islam Solaiman, told Daily News Egypt that the plant will be in Foukah area in Marsa Matrouh. It will serve demand for cement in the governorate and possibly export to Libya and other Arab countries in the future. |