Cement News tagged under: new capacity
India’s SEBI puts temporary stop on JSW Cement IPO03 September 2024, Published under Cement NewsIndia’s Securities and Exchange Board (SEBI) has put a temporary halt on the initial public offering (IPO) of JSW Cement. The IPO included a new equity issuance and an offer for sales from existing shareholders. The cement company had filed its draft prospectus in August 2024 and aimed to raise ~INR40bn. JSW cement had planned to use the proceeds to partially finance the construction of a new cement plant in Nagaur, Rajasthan, as well as to repay existing debt and fund other general corpor... |
Kyrgyzstan to build greenfield 1.5Mta cement plant30 August 2024, Published under Cement NewsPresident Sadyr Japarov of Kyrgyzstan has launched the Terek Tash clinker factory in Kemin district. The new 1.5Mta cement plant is an investment agreement between the government and the consortium of Terek Tash LLC and Zenit LLC. The plant will cost US$150m. Cabinet ministers endorsed the investment agreement on implementation of the project on 24 August. The agreement envisioned construction of the clinker factory in Kemin district and cement milling in Novo-Pokrovka rural municipality, ... |
West International Holdings Ltd begins construction of Buikwe cement plant13 August 2024, Published under Cement NewsThe construction of a new UGX730m (US$196,180.8m) cement factory has begun on a 50-acre (20.2ha) plot in the Buikwe district of Uganda. Chinese-owned West International Holdings Ltd will invest UGX730m in Kavule Cell, Buzika ‘B’ Ward, Njeru Municipality, after a similar investment in the Karamoja sub-region, according to Group Director, Ambrose Byona, on 10 August. Mr Byona explained that the reason for establishing the unit in the Moroto District, which is expected to be commissioned ... |
Ambuja lays foundation stone at new Bihar grinding facility06 August 2024, Published under Cement NewsAmbuja Cement Ltd , part of Adani Cements , has announced a cement grinding unit in Bihar, investing INR16bn (US$190.8m). Bihar Chief Minister, Nitish Kumar, laid the foundation stone for the facility at Warsaliganj in the Nawada district on 4 August 2024. The unit, Ambuja Cement’s first project in Bihar, will have a full capacity of 6Mta and be completed in three phases on 27,4781.6m 2 (67.9 acres) of allotted land. The first phase, costing INR11bn, targets operation by December 2025, ad... |
Cooperativa la Cruz Azul starts construction on a new cement plant05 August 2024, Published under Cement NewsMexico-based Cooperativa la Cruz Azul has presented plans for the construction of a new industrial unit to manufacture cement in the municipality of Seybaplaya, southwest of the capital of Campeche. The company is hoping to reduce its environmental impact by building the cement plant on land previously used to manufacture lime and cement. The plant will be equipped with new technology to meet high standards of sustainability. Construction began on 1 August 2024, with the first stage ex... |
Xuan Thanh Cement targets capacity rise by 203031 July 2024, Published under Cement NewsAfter more than a decade of construction and development, Xuan Thanh Cement ( Thai Group JSC ) has been affirming its capacity and brand reputation in the domestic and international markets. The goal is to reach a total cement capacity of more than 30Mta by 2030. Xuan Thanh Cement also maintains its vision of ‘Becoming the leading cement brand in Vietnam in terms of scale – capacity – technology and product quality’. |
Mangal’s capacity build-up10 June 2024, Published under Cement NewsMangal Industries Ltd (MIL) is building a new production line in Kogi state, Nigeria. The new line will add 6000tpd of capacity to the plant when completed. By Binbin Wang and Kunqiang Ye, Sinoma Group, China Mangal Industries Ltd has started construction of a 6000tpd clinker lines in Kogi state, Nigeria (© Sinoma Group) M angal Industries Ltd (MIL) is investing in a 3Mta cement plant in Iluagba, Ìjùmú local government area, Kogi state, Nigeria. The project is curren... |
New white cement plant for Tanzania23 May 2024, Published under Cement NewsTanzania has started white cement production at a 200tpd cement plant in Mkuranga District, Coast Region. The new plant is owned by Fortune Cement Co Ltd. The construction of the factory is expected to not only create job opportunities and bring in foreign exchange earnings but will also significantly contribute to the local economy. At present more than 50 per cent of the raw materials required for production are sourced locally in Tanzania. Dolomite and gypsum are locally available, but... |
Phinma to invest in PHP2bn Davao plant02 May 2024, Published under Cement NewsPhilippines-based Phinma Corp plans to invest approximately PHP2bn (US$34.7m) in a new cement plant in Davao to further consolidate its presence in the cement market. "We’re putting up our Davao plant which is almost similar to Mariveles plant. That is in joint venture with some of our partners in Davao,” Philcement Corp President and CEO, Eduardo Sahagun, said. “That will bring our total capacity to somewhere like 5Mta if all those things will be completed in a couple of years,” he added.... |
New MYR1.2bn cement plant for Sabah01 May 2024, Published under Cement NewsA MYR1.2bn (US$251.5m) integrated cement plant project in Kampung Kawayoi Pinangah, Tongod, central Sabah, Malaysia, will help boost the economy of the local community upon completion. Malaysia’s Sabah Chief Minister Datum Seri Hajiji Moor said that the new plant would complement the existing Cement Industries Sabah (CIS) Sen Bhd plant. “I believe this new factory will not only boost our cement production but we can also be a cement exporter,” he said, during the factory's groundbreaking ce... |