Cement News tagged under: new capacity
SRM Group ventures into cement06 November 2023, Published under Cement NewsIndia’s SRM Group has entered the cement business with the launch of a new subsidiary, SRMPR Cement. The Chennai-based company invested INR2250m in a 420,000tpa cement capacity with three production facilities in Tamil Nadu and one in Andhra Pradesh. It wil start exporting Portland pozzolana cement from 15 November to countries including the Maldives, Indonesia and Sri Lanka. SRMPR Cement foresees the start of production of a wide range of cements, including ordinary Portland Cement and h... |
Ambuja Cement reports quadrupling 2Q profit02 November 2023, Published under Cement NewsAmbuja Cements , part of Adani Cement Industries , saw profit quadruple in the 2QFY23-24 to INR6440m (US$77.4m) from INR1390m in the year-ago quarter. The company’s revenue advanced eight per cent YoY to INR39,700m in the 2QFY23-24 while cement and clinker sales volumes advance seven per cent to 7.6Mt. Ambuja Cements saw its expenses decline by two per cent YoY with fuel costs down by nearly a third. As a result, EBITDA improved by nearly 150 per cent to INR7740m and the EBITDA margin ... |
Holcim Romania inaugurates new aggregates plant02 November 2023, Published under Cement NewsHolcim Romania has opened a new EUR3m aggregates plant in Neudorf, Arad province, western Romania. The first deliveries of the new plant have been completed this month, said Holcim. "I am glad that with the opening of the new aggregates plant, the fifth in the country, we are closer to our customers in the western part of the country, with whom we want to build successful projects, contributing to their development plans," said Anca Alexandru, ready-mix and agreggates director of Holcim ... |
Birla Corp announces expansions in FY25-2607 September 2023, Published under Cement NewsBirla Corp , the flagship company of MP Birla Group , is planning to increase cement production to 25Mta by the end of financial year 2025-26. The existing capacity of Birla Corp headed by Harsh V Lodha stands at about 20Mta. The company is planning to ramp up its production capacity from a greenfield cement plant at Mukutban near Nagpur, setting up a setting up a second clinker unit at Maihar in Madhya Pradesh and constructing new grinding units in north India. “With the commissio... |
Diego Lugano and Hipermix in Brazil JV29 August 2023, Published under Cement NewsDiego Lugano, a former footballer for Uruguay’s national team, is entering the cement business in Brazil in a joint venture (JV) with local company Hipermix. The JV has inaugurated a 0.4Mta cement and mortar factory in the industrial district of Montenegro, Rio Grande do Sul. The BRL100m (US$20.4m) investment will see the production of 100,000tpa of cement traded as Cementos Gaúcho, according to local media. The plant will create 30 direct and 120 indirect jobs. Cementos Gaúcho will serve ... |
Rwanda commissions new cement plant07 August 2023, Published under Cement NewsRwandan President, Paul Kagame, inaugurated on 3 August 2023 the AnJia Cement Factory, a Chinese-funded cement plant Muhanga Industrial park, Southern Province, Rwanda. The AnJia Cement Factory was built by AnJia Prefabricated Construction Rwanda Co Ltd, a subsidiary of West International Holding, the African business of West China Cement Ltd. West China Cement has invested US$50m in the grinding unit, which has a cement capacity of 1Mta. At present the plant provides employment to 205 pe... |
Borneo Cement (Sabah) to complete 1.75Mta capacity project by 3Q2504 August 2023, Published under Cement NewsFollowing a joint venture agreement between Sabah Economic Development Corp (Sedco) and Sri Alam Setia Sdn Bhd that will see the creation of Borneo Cement (Sabah) Sdn Bhd, a new integrated cement plant will be built in Pinangah, Tongod, Malaysia. The new plant will be able to produce 5000tpd of clinker and 1.75Mta of cement. With Sabah’s market demand currently at 1.4Mta it is expected that the plant will also serve other markets. A memorandum of agreement has been signed between the ne... |
Shree Cement starts commercial production at Purulia31 July 2023, Published under Cement NewsShree Cement Ltd has commenced commercial production at its clinker grinding unit in the Purulia district of West Bengal with a cement capacity of 3Mta. According to the company, this is the first factory in the state which will help meet the growing demand for cement in West Bengal. Shree Cement operates 10 integrated cement plants and 11 grinding units across India. The Purulia plant is expected to create direct and indirect employment opportunities for over 1000 people. With this,... |
Heidelberg Materials celebrates expansion at Port Canaveral02 June 2023, Published under Cement NewsThe media was given a tour of the new Heidelberg Materials slag-cement processing facility at Port Canaveral, USA, on 25 May. In operation at the port for 20 years, guests witnessed a grand re-opening of the reconfigured plant after a US$24-25m project to increase its slag cement output by 25 per cent. Heidelberg Material’s expansion at Port Canaveral adds 200,000t of capacity to support construction projects throughout Florida and beyond. It also adds another 40 jobs to the port’... |
Lucky to add a new clinker line of 1.82Mt in Iraq19 May 2023, Published under Cement NewsGM Finance and Company Secretary, Faisal Mahmood, of Lucky Cement Ltd ( Yunus Brothers Group ) informed Pakistan Stock Exchange (PSX) on 18 May that the company has made a 1.82Mta expansion plan with its joint venture partner in Samawah, Iraq, taking the total capacity under its clinker production company Najmah Al Samawah to 3.13Mta. It will coincide with the increasing cement demands in Iraq. The management expects the plant to be completed in 18 months, as per PSX notice, after... |