Cement News tagged under: new plant
New Cameroon plant agreement signed21 January 2016, Published under Cement NewsMira Company has signed an agreement with the Cameroon’s Ministry of Industry and Technological Development to construct a 1Mta cement plant in Douala. The deal allows the Swiss engineering company to benefit from provisions in Cameroon’s law which offers incentives to private sector investors in the central African country. Shandong Design and Research Institute has reportedly been awarded the contract for the project. The plant is expected to be officially put into operation by the end o... |
SCC Cement-Building Materials division facing near-term challenges19 January 2016, Published under Cement NewsSiam Cement Co (SCC) is expected to report good fourth-quarter earnings, but its Cement-Building Materials' (CBM) division is expected to come under pressure from depreciation expenses related to Asean cement plants and weaker consumption in its home market of Thailand, Bualuang Securities writes. The research house expects SCC to report a consolidated 4Q15 net profit of THB9.5bn, up eight per cent YoY and six per cent QoQ. The assumed YoY increase is due mainly to stronger Chemicals pe... |
Egypt’s IDA invites new plant tenders18 January 2016, Published under Cement NewsEgypt’s Industrial Development Authority (IDA) has invited tenders by local and international companies interested in constructing cement plants with a capacity of 2Mta in various governorates. The new production licences are for the construction of new facilities in Beni Suef, Minya, Qena, Sohag, Aswan, El-Wadi el-Gedid, Suez, Marsa Matrouh and South Sinai, according to a report published by Ahram news yesterday. The tender documents are to be issued from 20 January 2016 until 10 Febru... |
Groundbreaking ceremony for JSW West Bengal plant06 January 2016, Published under Cement NewsThe JSW Group is set to start construction of a 2.4Mta cement plant in West Bengal, India, with a groundbreaking ceremony to be hosted today. The event will be presided over by Mamata Banerjee, chief minister of West Bengal. It will also be attended by Sajjan Jindal, chairman and MD of JSW Steel. The function is being held in the run-up to Bengal's 'Global Business Summit' on 8-9 January 2016, which is likely to be keenly watched by potential investors. The cement plant is expected to b... |
New Cameroon plant agreement signed31 December 2015, Published under Cement NewsThe Switzerland-based Mira company is reportedly looking to construct a new cement plant in Douala, Cameroon, under an agreement signed with the government, local press have reported citing sources at the Ministry of Industry, Mining and Technological Development. According to the article published by StarAfrica, the company should benefit from the provisions on incentives for private investment in Cameroon. The new cement plant project is expected to have an initial capacity of 1Mta. |
Ramco to establish new Odisha grinding unit29 December 2015, Published under Cement NewsChennai-based Ramco Group is planning to establish a 0.9Mta cement grinding plant at Choudwar, district Cuttack, Odisha in eastern India on the Bay of Bengal. The estimated cost of the project is INR4.06bn (US$61.21m). The project has received clearance from the Government of Odisha, with construction set to commence in Q1 2016. |
PPC23 December 2015, Published under Cement NewsEthiopia’s Habesha Cement, in which PPC has a majority stake, has announced that construction is underway at its new 1.4Mta plant. The plant, which will serve the Addis Ababa market, is reportedly 53 per cent complete and due for commissioning in 2Q17. Future development plans include doubling production capacity at the works as cement demand steps up. The Ethiopian government is planning to focus on infrastructure development, industrialisation and housing in a bid to improve the coun... |
New Kazakhstan cement plant agreement signed15 December 2015, Published under Cement NewsHuaxin Cement Co of China has signed an agreement to invest US$150m in the construction of a 1Mta cement plant in the Aktobe region of Kazakhstan. The deal was signed by Berdybek Saparbayev, governor of the Aktobe region, and Xu Yongmo, chairman of the board of Huaxin Cement. The agreement was concluded during Kazakh Prime Minister Karim Massimov's official visit to China. Construction of the facility is expected to begin in mid-2016. The new plant will produce various cement types, incl... |
New Uzbekistan greenfield plant construction12 November 2015, Published under Cement NewsThe Turkish Dal Engineering Group will commission a new 1.5Mta cement plant in the Surkhandarya region of Uzbekistan by late 2017, a representative from the country's Ministry of Economy told Trend News Agency. A Turkish company and Almalyk Mining and Metallurgical Combine (AMMC) signed a memorandum of cooperation for construction of the plant during an investment forum held in the capital Tashkent, the souce said. The cement plant has an estimated cost of US$225m. It will potentially be ... |
CIMAF inaugurates Cameroon plant30 October 2015, Published under Cement NewsCiment de l’Afrique (CIMAF), a subsidiary of the Addoha Group of Morocco, has opened its new factory in Cameroon. The new plant, located in the industrial area of Bonaberi in Douala, was inaugurated by the Prime Minister of Cameroon, Philemon Yang. Commissioning of the plant comes nearly a year after the start of cement production by the plant with a current capacity of 500,000tpa. |