Cement News tagged under: new capacity
Ready to serve08 January 2018, Published under Cement NewsAfrica leads the charge for recently-commissioned cement plants. Although orders may be down on previous years, there is a more diverse geographical spread of newly-completed cement facilities and ICR highlights some of the most noteworthy in this report and takes a brief look at what is in stall for the year ahead. Africa has attracted much of the cement industry’s investment. Pictured: PPC opened its US$85m Harare grinding plant While global cement demand in 2017-18 is expecte... |
LafargeHolcim03 January 2018, Published under Cement NewsThe 39.9 per cent-owned LafargeHolcim associate Huaxin Cement is investing in a US$140Mta cement works that it is building in Nepal. Lafarge Malaysia’s turnover came down by some 13 per cent to US$409.5m in the first nine months of 2017, while a net loss of US$33.1m was incurred, compared with a US$10.5m profit for the same period last year. The company lost money in each of the quarters of this year and a return to profit is not expected until the middle of next year. LafargeHolcim A... |
Kyrgyzstan to attract investment for new Ozgorush plant19 December 2017, Published under Cement NewsThe Vice Chairman of the Kyrgyz Government, Dair Kenekeyev, has ordered the Agency for Promotion and Protection of Investments to attract investments to the Ozgorush cement plant. The new plant is expected to have a capacity of 1-1.5Mta of cement. |
UltraTech Cement18 December 2017, Published under Cement NewsUltraTech Cement has announced plans to set up a 3.5Mta integrated cement plant in Pali, Rajasthan, India, at a cost of INR18.5bn (US$287.4m). The plant is expected to begin production in mid-2020. Located in the highest cement-consuming state in the North Zone, it will serve the markets of western Rajasthan where UltraTech does not currently have a significant presence. The company is also intending to construct a limestone project and crushing unit at Tehsil Ramnagar, Satna, Madhya Prad... |
PPC18 December 2017, Published under Cement NewsIt has been an eventful December for PPC so far. It started the month with three potential bidders but looks set to end it with none. The first to walk away was CRH. The Irish building materials giant made an undisclosed cash bid for PPC in November but has now decided to drop its interest in the company despite being given time for due diligence and the opportunity to submit an updated bid. The second suitor to leave is Canada’s Fairfax Africa Investments. Last month AfriSam launched a ... |
Semen Indonesia18 December 2017, Published under Cement NewsHigh cement demand on the Philippine island of Mindanao has reportedly rekindled Semen Indonesia’s interest in setting up a facility there. Under President Duterte and his extensive ‘Build Build Build’ infrastructure programme, Mindanao is enjoying a surge in construction activity and resulting demand for cement and other building materials. Semen Indonesia currently exports to Mindanao but, according to local press reports, has said, “We are looking for opportunities here because the ... |
Anhui Conch18 December 2017, Published under Cement NewsAnhui Conch plans to construct a new 4.4Mta cement plant in North Sulawesi, Indonesia. The development was first initiated in 2016 but suspended in June this year due to the lack of an environmental impact assessment and workforce visa issues. The plant will have a clinker capacity of 5000tpd and a 2x9MW waste heat-to energy facility. The cost of the new facility is being partly-funded by a 10-year US$151.1m loan applied for by the Anhui Conch subsidiary Pabrik Semen China Conch from the ... |
West Africa looks to exports18 December 2017, Published under Cement NewsWhile lower oil prices, Ebola and civil unrest have impacted west African economies, the region’s cement market has continued to expand with further growth forecast for the next few years. However, as domestic producers have upgraded their capacities and new players have entered the market, overcapacity is creating the need to export surpluses. By Trond Waerp, Africa Consulting Services AS, Norway. HeidelbergCement operates, via its subsidiary Ghacem, the 4.2Mta Tema plant, the lar... |
New 1.5Mta cement plant for Timektane inaugurated18 December 2017, Published under Cement NewsAlgeria’s Prime Minister, Ahmed Ouyahia has inaugurated a new 1.5Mta cement plant in Timektane, 260km from Adrar. Further expansion of the DZD21bn (US$181m) works is planned in a second stage, which will take cement capacity to 3Mta. The project is a joint venture by STG Sidi Moussa, which owns a 71 per cent stake, and China Triumph International Engineering Co (CTIEC Beijing), which holds the balance of shares. Under a seven-year cooperation agreement, the venture’s Chinese partn... |
Loma Negra to invest US$350m in new L'Amali line14 December 2017, Published under Cement NewsInterCement-owned Loma Negra will invest US$350m in a brownfield expansion of its L'Amali plant in Olavarría, Buenos Aires province, Argentina, the company announced in a meeting with the President of Argentina, Mauricio Macri. The investment will boost the company's domestic capacity by 40 per cent. The new production line, which will add 2.7Mta of annual capacity, will consist of a new state-of-the-art kiln, two vertical roller mills to grind raw materials and cement as well as a compl... |