Cement News tagged under: new capacity
DR Congo: new plant online in December 201629 September 2015, Published under Cement NewsDangote’s new plant in the Republic of Congo is expected to enter production in December 2016. The new 1.5Mta plant in Bouenza, Yamba district represents an investment of XOF139.725bn. However, the succesful completion of this project is subject to the construction of a new bridge over the Niari river on the Buiansa-Mouyondzi axis. The old bridge, which has a carrying capacity of 25t, does not allow construction workers to transport structures of over 75t. The Congolese market is currently... |
UltraTech Cement18 August 2015, Published under Cement NewsUltraTech Cement is reportedly in talks with BK Birla-owned Century Textiles and Industries Ltd in a bid to align their cement distribution networks. Despite talks of a possible merger, both companies have made no comment on this. If a merger were to result, the deal would boost UltraTech’s cement production capacity by 13Mta to 78Mta. UltraTech Cement has registered a six per cent increase in cement and clinker sales to 12.14Mt in the quarter ended 30 June 2015. This compares to 11.7Mt ... |
Dangote Cement18 August 2015, Published under Cement NewsDangote Cement has announced plans to construct a second cement plant in Cameroon, at a cost of US$150m. According to local press, the new factory will be located in Yaounde and will have a production capacity of 1.5Mta. Along with the company’s existing plant in Douala, this second investment will take Dangote’s total capacity in the country to more than 3Mta. With huge infrastructure investments in the pipeline in Cameroon and the surrounding countries, Dangote hopes the new plant will go ... |
Honduras: Goldlake invests US$230m in 1.2Mta plant07 August 2015, Published under Cement NewsItaly’s mining company Goldlake will invest US$230m in a new cement plant via its local subsidiary Five Star Mining. The 1.2Mta works in the Agalteca valley will produce sulphate-resistant cement for marine infrastructure projects. The project is currently applying for operating permits following the submission of feasibility and environmental impacts studies. The start of construction is expected this month. Cement from the works will be delivered not only within Honduras, but also sh... |
Bolivia: Fancesa launches tender for new works06 August 2015, Published under Cement NewsBolivia’s Fábrica Nacional de Cemento SA (Fancesa) has launched the international tender process for its new US$227m cement plant in Sucre. The 2Mta works is the latest step in capacity expansion for the cement producer. On 19 May 2014, Bolivia’s president, Evo Morales, inaugurated a new line at the company’s Sucre works. |
Entering a world of giants05 August 2015, Published under Cement NewsConstruction of the new McInnis Cement plant is now underway on the Gaspe Peninsula at Port-Daniel, Quebec, on the east coast of Canada. After commissioning at the end of 2016, the 2.2Mta plant will serve the domestic market and aims to export half of its production to the United States, via its own maritime terminal. Funded in part by government loans, the new company has faced criticism of unfair financial assistance and spirited opposition from the incumbent players. In this exclusive int... |
Tunisia: CMG receives government approval for 1.2Mta plant29 July 2015, Published under Cement NewsCiment de la Méditerranée Gafsa SA (CMG) has received the approval of the Ministry of Industry, Energy and Mines to construct a 1.2Mta greenfield plant. The works, with a clinker capacity of 1Mta, represents an investment of around US$220m. CMG is a joint venture between Ahmed Bouchamaoui International Group, Antonio Lopez Banos and the Ricardo Mella International Group. |
Making a mark in Iraq22 July 2015, Published under Cement NewsAs part of its journey to become a multinational producer, Lucky Cement of Pakistan has built a new grinding plant near Basra, Iraq, in partnership with local company Al-Hakam Group. Launched last year, the 0.8Mta unit has steadily made its mark on the domestic market to meet growing demand needs, whilst also maintaining an eye on export potential. Al Malbrooka Cement is a 50:50 a joint venture between Lucky Cement (Pakistan) and the Al-Hakam Group (Iraq) Iraq has experienced m... |
Cementos Molins appoints new CEO06 July 2015, Published under Cement NewsCements Molins has appointed a new CEO, Julio Rodríguez. Mr Rodríguez worked formerly at Schneider Electric and is since 1 July the first CEO outside the Molins family. He is expected to continue the overseas expansion of Cementos Molins. "If there is something we should do, it is to continue the growth plan. With new ideas, new investments, we'll see where, but with the growth plan." Despite the pick-up in its home market of Spain, Cementos Molins is centring its investment in Latin Americ... |
Cimpor02 July 2015, Published under Cement NewsCimpor subsidiary Cementos de Moçambique, currently the Mozambique’s sole cement producer, has started the construction process of a 1.5Mta cement works in Nacala. This involves an investment of US$250m and completion is scheduled for 2018. However, the Turkish group Limak is also planning a 2Mta cement works in the country. |