Cement News tagged under: new plant
Shree Cement about to start building West Bengal grinding plant29 July 2021, Published under Cement NewsShree Cement is preparing to start work on its INR6bn (US$80.5m) grinding unit in Bengal within a month. The new plant will have a cement grinding capacity of 3Mta which will raise the group’s cement capacity to 47Mta when complete. "This will be our first plant in Bengal. In the east, we have plants in Odisha, Chattishgarh, Bihar and Jharkhand," said H M Bangur, Shree Cement’s MD. Mr Bagur added that business is reviving well in Bengal, "The growth in the state is higher than the nat... |
Nigeria to build new 5Mta cement plant in Gombe State27 July 2021, Published under Cement NewsMadugu Cement is set to establish a 5Mta cement factory in Kembu and Kwali districts of Akko and Yalmatu Deba, Gombe State, Nigeria. The plant will be built by Sinoma International Engineering Company Ltd in partnership. Gombe State Governor, Muhammadu Inuwa Yahaya, said: "Your coming here is very apt and we welcome you most profoundly because we benefitted from the existence of the one and only cement company in the sub-region, in fact in the whole of the north we have only four cem... |
Dangote's Edo plant is ready to start production23 July 2021, Published under Cement NewsDangote Cement's US$1bn plant in Edo, Nigeria, is completed and set for commissioning. The plant has a cement production capacity of 6Mta and is built on a 100ha plot. The integrated cement plant, near Okpella, was built by Sinoma International Engineering Co and 1500 local workers collaborated with the Chinese engineers on the project. The factory would employ at least 6000 persons when it commenced operations. Mr Patrick Omokagbo, director of Stakeholder Management at Dangote ... |
Votorantim Cimentos starts operating new Pecém line21 July 2021, Published under Cement NewsVotorantim Cimentos has announced the start of operation of a new production line at its cement site in the Pecém Industrial and Port Complex, in the state of Ceará, Brazil. As a result of this expansion, the unit now has a production capacity of approximately 1Mta of cement. The volume produced in the new site will enhance the supply of the metropolitan area of Fortaleza. Votorantim Cimentos invested approximately BRL200m (US$38.26m) in the project. During construction and start of opera... |
Shree Cement to open 3Mta Pune grinding plant in September19 July 2021, Published under Cement NewsShree Cement's 3Mta clinker grinding unit at Patas, Pune district in Maharashstra, India, is now expected to be completed soon with commercial production to commence in September, according to company official. The western Indian expansion, which sits on a 26.6ha plot, had been delayed due to the impact of the COVID-19 pandemic and right-of-way issues. The project, which represents an investment of over INR6bn (US$80.39m), will receive clinker from its group plant in Karnataka. In 2020... |
JSW Cement to sets its sights on IPO and green cement leadership16 July 2021, Published under Cement NewsThis week, we look at JSW Cement's plans for the future as it attracts interest from investors, intends to expand its domestic cement capacity and make an entry into India's ready-mix sector. JSW Cement is positioning itself closer to being listed on the bourses as preparations continue to move towards an initial public offering (IPO). It is now starting to dilute minority private equity stakes in the company to a selection of investors. JSW Cement is estimated to be worth in the regi... |
New Guyana cement plant breaks ground25 June 2021, Published under Cement NewsGuyanese-owned energy company, Vas Energy Inc and its subsidiary, Georgetown Cement Co broke ground on a US$100m state-of-the-art cement plant at La Resource, Essequibo Coast, in Region Two. Chief Executive Officer (CEO) of Go-Invest, Dr Peter Ramsaroop, said Guyana's economy is currently booming and there are countless investment opportunities that are available. According to Dr Ramsaroop, the anticipated infrastructural boom in Guyana will create a high demand for cement. He told the ga... |
Ghana cement plant construction could be halted by injunction14 June 2021, Published under Cement NewsPresident of the McCarthy Hill Residents Association, Eddie Quaynor, has disclosed the association will take out an injunction to stop the new construction of the new Empire cement factory in South McCarthy Hill, Ghana, if authorities do not ensure its closure. The McCarthy Hill Residents Association recently held a press conference to protest against the location of a cement factory at South McCarthy Hill along the main road leading to Weija. Mr Quaynor informed that several petition... |
Star Cement reports 10% rise in revenue11 June 2021, Published under Cement NewsIndia’s Star Cement has reported a 9.8 per cent YoY rise in revenue to INR6.03bn (US$82.53m) for the quarter ending 31 March 2021, compared to INR5.49bn in the year-ago period. Net profit remained largely consistent at INR853m from INR858.3m. The company also reported a 6.7 per cent YoY fall in revenue to INR17.2bn for the FY20-21. Net profit declined 34.5 per cent to INR1.87bn from INR2.86bn. Star Cement also commenced production at a new 2Mta grinding unit in Siliguri, West Bengal, in J... |
Bestway Cement to set up greenfield cement plant in Punjab27 May 2021, Published under Cement NewsBestway Cement Ltd has informed the Pakistan Stock Exchange on 27 May that it is setting up a greenfield cement plant with a clinker capacity of 7200tpd, near Paikhel, Mianwali, Punjab province. Company Secretary, Sehar Husain, added that the plant would have a 9MW waste heat recovery plant built by Sinoma International Engineering Co Ltd of China. In addition, all necessary regulatory approvals and financial arrangements have been secured. However, no time frame of completion wa... |