Cement News tagged under: new capacity
Dangote Cement24 April 2019, Published under Cement NewsCement prices in Ghana have risen for the second time in two months with producers in the country blaming the latest increase in the depreciation of the Ghanaian cedi. Dangote Cement has increased its 42.5 grade product from GHS32.55 (US$6.36)/bag to GHS35.55/bag. The currency crisis is also being blamed for a 20 per cent rise in the price of bread in the country and an uptick in fuel prices at filling stations across Ghana. Meanwhile, construction of Dangote’s 3Mta cement plant near Abi... |
Ebonyi plant receives government approval19 April 2019, Published under Cement NewsThe establishment of Ebonyi Cement factory (EBOCEM) at Okpoto, Ishielu, Nigeria, has been approved by Ebonyi State Governor, David Umahi. Meanwhile, a committee that will be led by the Commissioner for Solid Materials, Eng Francis Orji, has been set up to implement the plan. The government will hold a 10 per cent stake in the venture. |
Work on Dangote’s Côte d’Ivoire plant advances10 April 2019, Published under Cement NewsDangote Cement has announced the construction of its 3Mta cement works just outside Abidjan, Côte d’Ivoire is now at an advanced stage. The project has been implemented for around 70 per cent with more than 80 per cent of equipment supplied and 80 per cent in terms of construction and civil engineering, according to Camara Guy Adama, project leader. The new plant and related logistical support is expected to generate employment of 800 direct jobs. |
Russia looks at Al Arabiya upgrade08 April 2019, Published under Cement NewsRepresentatives of several Russian companies have held negotiations to restore and upgrade the Al Arabiya cement plant in Syria as well as build a cement works in Muslimiya in Aleppa governorate. “Representatives of several large Russian companies have had a working visit to Syria, during which they held meetings with representatives of the Industry Ministry of the Syrian Arab Republic directly at two cement plants in Aleppo and at two metals plants in Hama,” according to a source of Prime... |
Cartes EIS draws calls for cave protection08 April 2019, Published under Cement NewsParaguay’s cave research association, Fepae, has called on the country’s Ministry of Environment and Sustainable Development to protect the Risso cave in San Lazaro, Conception, in response to proposals from Grupo Cartes to invest US$180m in a cement plant nearby. The request comes following the publication of an environmental impact study (EIS) by Sociedad Calera Risso that includes the construction of an electrical substation and 66kV transmission line relating to the plant. |
Cbb inaugurates new 0.2Mta Arica plant05 April 2019, Published under Cement NewsCbb (formerly known as Cementos Bío Bío) has inaugurated its new 0.2Mta cement plant in Arica, northern Chile in the presence of Chile’s Minister of Economy, José Ramón Valente. The project represents an investment of US$16m and is the company’s fifth production unit – in addition to plants in Antofagasta, San Antonio, Teno and Talcahuano. In addition to the kiln line, it includes 1100m2 of green areas. While some of the output will be delivered to the local market, the company has also ... |
Investment in Ugandan cement plant at risk due to land acquisition challenges05 April 2019, Published under Cement NewsUganda is at risk of losing a US$250m cement plant investment to Kenya due to challenges associated with land acquisition in the country, according to Hima Cement’s Managing Director, Nicolas George. Mr George said Hima Cement’s parent company LafargeHolcim took a decision to invest US$250m in Uganda, Kenya, Tanzania, Zambia and Zimbabwe. “We have been wondering where to invest money and Uganda was our number one destination but it is likely to lose the opportunity to Kenya where it is eas... |
Government promises not kept for Hongshi Shivam Cement02 April 2019, Published under Cement NewsNepal's Government has come up short in respect to keeping its word on infrastructure and energy promises to the Chinese Hongshi Shivam Cement Co, according to a report in the Nepali Times. The Nepalese government signed a foreign direct investment (FDI) deal with the cement producer in 2017 to help establish its cement plant with a local partner. However, the government failed to build the road to the plant and erect a transmission line. Hongshi Shivam Cement constructed its own dirt tra... |
China National Building Materials (CNBM)01 April 2019, Published under Cement NewsChina National Building Materials (CNBM) has reported consolidated operating revenue of CNY218bn (US$32.39bn) in 2018, up 18.9 per cent YoY. Profit for the year came in at CNY14m, compared to CNY9.79m in 2017, while basic earnings per share advanced by 63.3 per cent YoY to CNY0.956. Last year saw sales of cement and clinker by the group fall by 2.1 per cent YoY to 369Mt, while sales of commercial concrete advanced by 3.7 per cent to 96Mm 3 . Sales volumes of aggregates increased by 14.7 ... |
Bolivia’s Potosí plant construction 2/3 completed28 March 2019, Published under Cement NewsConstruction work on the US$241m state-owned cement plant in Chiutara, Potosí, has been 66 per cent completed, according to Bolivian President, Evo Morales. The cement works is currently being built by a consortium formed by Spain-based Imasa and Valoriza (Sacyr group) and Germany’s Polysius. The consortium was contracted by the Bolivian government in 2017 to build the 1.3Mta plant in 36 months. Mr Morales added that the government approved a decree so that the roads built in the country ... |