Cement News tagged under: new capacity
JK Cement chairman says consolidation will help correct oversupply issue16 March 2018, Published under Cement NewsYadupati Singhania, chairman of JK Cement, has stated that consolidation will help correct the supply overhang in the cement industry, according to The Economic Times. "Consolidation in a way is good for the industry as it will take care of the excess supply," he said. "Today, there is at least 25 per cent excess supply as compared to the demand. This overhang is not good and it is the reason why you don't get the right price for your products." New capacity While consolidation may be g... |
New 6000tpd Saudi cement plant for Al Baha Cement15 March 2018, Published under Cement NewsSaudi Arabia’s Al Baha Cement Co plans to built a new cement plant with a capacity of 6000tpd of sulphate-resisting Portland cement as well as the potential to produce white and grey cement. The project represents an investment of US$100m, for which the company will be raising finance from banks. The carry out the funding process, Al Baha Cement is inviting to submit bids for a financial consultancy contract. The Al Baha Chamber of Commerce and Industry and Saudi investors have formed... |
Vicat announces plans for upcoming Indian projects12 March 2018, Published under Cement NewsVicat Group will invest INR5.1bn (US$78.4m) to set up a 1.75Mta greenfield grinding unit in Vizianagaram, Andhra Pradesh, India. The group’s subsidiary Kalburgi Cements Pvt Ltd has signed a memorandum of understanding with the Andhra Pradesh Economic Development Board (APEDB), an agency dedicated to attracting investments into the state. Vicat plans to invest approximately INR17.35bn in India over the next three years. Alongside financing the grinding unit, the money will also be used to ... |
Cementos Yaracuy scheduled to come online this year12 March 2018, Published under Cement NewsAs part of an agreement between Venezuela and India, Megatech International is currently building a 600tpd cement plant in the Barranco Amarillo sector of the Valeroso Peña Industria Complex, Peña, Venezuela. The Cementos de Yaracuy project is expected to generate 300 direct jobs. "When starting operations, it will produce 600tpd of cement, for a total of 4.5m bags of 42 kilos per year, of which a percentage will be destined to other states and 30 per cent to exports to Aruba, Curacao an... |
Nepal heads towards self-sufficiency in cement production06 March 2018, Published under Cement NewsNepal is seeing growing demand for cement in the country, as post-earthquake reconstruction work and construction of public and private infrastructure projects have started gathering pace. Jagadamba Cement, which has a production unit in Lumbini Corridor, is setting up another production plant in the eastern part of Bhairahawa. The new plant, according to the company, will produce 1500tpd of cement. "We are expanding the production capacity considering the growing demand for cement,” s... |
Peru's Invercem plans expansion05 March 2018, Published under Cement NewsPeruvian cement producer Inversiones en Cemento (Invercem) plans the construction of cement plants in Pisco and Ayacucho, according to its founder Victor de La Torre. The new works in Pisco will have a capacity of 0.22Mta while the Ayacucho facility will have an output potential of 0.45Mta The firm will invest US$18m into a 0.22Mta cement plant in Trujillo, where it currently operates a packing plant. At present it imports cement from China-based Anhui Conch Cement Co, selling it under th... |
BGC Cement acquires land for new depot28 February 2018, Published under Cement NewsBGC Cement is in the final stages of acquiring two industrial lots in West Kalgoorlie, Australia, which will become a major new depot for storage and distribution of cement. Construction of the project was due to begin in 2017, according to the Kalgoorlie Miner. "Having now almost settled our land acquisition, we are confident that development will begin in the second quarter of 2018," said Chris Sefton, Kalgoorlie regional manager, BGC. "There has been considerable, increasing demand... |
Birla Corp to increase availability of premium product27 February 2018, Published under Cement NewsBirla Corp is planning to roll-out its premium-brand product, Perfect, across all regions of India apart from the South. The cement is manufactured at Reliance Cement Company’s Maihar plant, which has a strategic logistical advantage, according to India Info Online. Perfect contributed 16.6 per cent to the company’s consolidated turnover in the 3QFY18, which translates to INR2.3bn (US$35.5m). Birla aims to achieve 90 per cent capacity utilisation at the 3Mta Maihar plant, where it has al... |
QNCC to increase capacity in 2H1826 February 2018, Published under Cement NewsQatar National Cement Company (QNCC) is expected to increase its production capacity by 5500tpd during 2H18, due to the start-up of a new plant later in the year. The company also announced that its total production of OPC and SRC cement decreased to 3.5Mt in the 2017 full-year period, compared to 3.7Mt of the previous year. Similarly, cement sales fell 8.1 per cent YoY to 3.4Mt from 3.7Mt. Total sales revenue dropped 10 per cent from QAR1.14bn (US$313.19m) to QAR1.03bn in 2017. The co... |
thyssenkrupp wins order from LafargeHolcim23 February 2018, Published under Cement Newsthyssenkrupp has won a contract from LafargeHolcim to supply a 3500tpd line for a new clinker plant in Souss Massa, Morocco. The project will include engineering, procurement and construction for the entire clinker line. "Nearly four decades of ongoing and successful collaboration have strengthened the relationship between thyssenkrupp and LafargeHolcim in Morocco. Both companies share the same vision: we provide state-of-the-art technology and develop tailor-made solutions for our custom... |