Cement News tagged under: new capacity
Dangote Cement02 March 2016, Published under Cement NewsDangote’s announcement to build two new cement plants in Nigeria pushed the company’s share price up sharply earlier this month. The first plant, on which construction has already begun, is to be located in Okpella, Edo State. The US$500m works will have one line, adding cement production capacity of 3Mta. The second facility, to be built in Itori, Ogun State, will add a further 6Mta with two production lines. The extra 9Mta of capacity will raise the company’s local output from 29.25Mta to ... |
Spain: Cementos Molins 2015 profit up 65% YoY01 March 2016, Published under Cement NewsCementos Molins posted a consolidated net profit of EUR50.8m in 2015, representing a 65 per cent rise YoY. The Spanish cement producer’s overseas companies saw profits rise by 9.3 per cent to EUR64m while the domestic arm continued to note net losses despite a 52.6 per cent YoY improvement. Cementos Molins is currently investing in production units in Mexico, Bolivia and Colombia.It is building a new production line in its Apazapan works in Mexico while in Bolivia the construction of a cem... |
Foundation stone laid for Emami Cement's grinding plant, India29 February 2016, Published under Cement NewsThe foundation stone for the Emami Cement's new grinding plant was laid by Chief Minister Mamata Banerjee in Panagarh, West Bengal, on Saturday. "The 2Mta capacity unit is to be located at WBIDC Panagarh Industrial Park in Burdwan district of West Bengal at an investment of INR500 crore [INR5bn/US$73m]," a statement by Emami Cement said. The plant is expected to be commissioned by end of the 2016," it added. The company is also currently setting up a 4Mta integrated cement project consist... |
Bolivia: Oruro plant online in 201721 January 2016, Published under Cement NewsWork on the new Oruro cement works in Caracollo, owned by Empresa Pública Productiva Cementos de Bolivia (Ecebol), is steadily progressing. Following an inspection of the construction of the Oruro cement works in Caracollo, engineering works have advanced by 17 per cent and the overall project has been completed by around a quarter. Therefore, the commissioning of the plant is expected in 2017. The plant covers an area of 9ha, excluding the quarry and reflects an investment of around U... |
Congo Rep to produce 3.3Mta of cement in 201620 January 2016, Published under Cement NewsThe Republic of Congo expected to produce 3.3Mt of cement annually in 2016, a considerable increase when compared with the present 0.7Mt. The rise will enable the country, which is currently a net importer, to export cement to other central African countries. Three new cement factories are scheduled to come online this year in Kouilou, Bouenza and Pool. The Congolese authorities intend to make the Congo an emerging country by 2025. At industrial level, they plan to provide the country w... |
Algeria: GICA breaks production record in 201514 January 2016, Published under Cement NewsGroups industrial des cements d’Algérie (GICA) broke its production record in 2015 when it manufactured 12,143,557t of cement, up five per cent when compared with its output of 11,55,280t in 2014. The volumes produced by the group’s 12 cement plants were “all sold in the domestic market, thereby honouring all orders and requirements expressed by the construction market,” said GICA. In the first 10 days of 2016, the group has produced 269,128t and sold 241,248t or 90 per cent of its ou... |
Algeria’s GICA plans to produce 23Mt in 201904 January 2016, Published under Cement NewsAlgerian cement producer, Groupe Industriel des ciments d’Algerie (GICA) expects to increase its cement capacity in four plants and build a further two works. This will raise capacity from the current 11.5Mta to 23Mta in 2019. Expansion projects at the works of Aïn Kebira and Chlef are forecast to be completed in September this year, increasing capacity to 1.5Mta. As a result, GICA expects to replace the 3.5Mt of imports by national output by the end of the year. Moreover, Zahana and ... |
Nigeria's long-term viability23 December 2015, Published under Cement NewsDespite short-term macroeconomic challenges, Nigeria’s demand for cement is expected to expand significantly in the longer term. Investments in infrastructure, population growth and private-sector led initiatives are all expected to drive growth going forward, spurring domestic producers to invest heavily in new cement production capacity. By Damilola Lawal, CardinalStone Partners Ltd, Nigeria. Dangote Cement plant, Obajana, Kogi state, Nigeria Nigeria has undergone a dramatic r... |
PT Semen Indonesia23 December 2015, Published under Cement NewsPT Semen Indonesia expects to increase its production capacity from 28.5Mta in 2015 to 30Mta by the end of 2016. The growth is forecast to be driven by high domestic demand on the back of government infrastructure plans. According to the company, 2H15 saw domestic cement consumption increase by around eight percent, compared to the same period last year – a trend that is expected to continue into 2016. Next year the company hopes to see revenue growth of approximately five per cent through i... |
Ethiopia: Habesha’s new plant project shows steady progress22 December 2015, Published under Cement NewsPPC recently announced that construction at the 1.4Mta works of Habesha Cement, Ethiopia, is well underway with overall project progress estimated at around 52 per cent. Civil construction at the plant, which will serve the Addis Ababa market, is 45 per cent complete and mechanical erection has started. Some 90 per cent of equipment has been manufactured to date and 70 per cent of this has been delivered to site, according to the South African parent company, which holds a 51 per cent sta... |