Cement News tagged under: new plant
BUA Group reportedly in talks to build two plants in east Africa19 February 2016, Published under Cement NewsThe BUA Group of Nigeria in talks with China’s Sinoma to build two cement plants in east Africa and a steel plant in Nigeria for US$1.9bn, according to a report by Reuters. BUA Group chairman, Abdulsamad Rabiu, told the international news agency that the two cement plants will have a capacity of 3Mta and cost US$700m. The steel plant will have a capacity of 1.2Mt at a cost of US$1.2bn. In a statement, BUA said the pact came following the successful start of production at its new Obu cement... |
Egypt receives 37 applications for new coal-fired cement plants16 February 2016, Published under Cement NewsA total of 37 companies have applied for licences to construct new coal-fired cement plants in nine governorates, Daily News Egypt reported on Saturday citing Egypt’s Industrial Development Authority (IDA). Ismail Gaber, head of the IDA, said the new licences aim to increase investments in the cement industry to meet local consumption. Minister of Industry, Tarek Qabil, announced earlier this year that the IDA would issue licences to establish cement factories in the governorates of Be... |
FLSmidth receives large cement order in Algeria09 February 2016, Published under Cement NewsFLSmidth has signed an EPC (Engineering, Procurement and Construction) contract with a value of more than EUR200m with SARL Amouda Ingineering for the supply of a greenfield cement plant in Algeria. The plant will be located in El Beida (Laghouat), approximately 400km from the capital Algiers. The order includes engineering, equipment supplies, construction, commissioning and training. Once completed, the cement plant will have a capacity of 6000tpd. "EPC solutions are increasingly req... |
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... |