Cement News tagged under: new plant
Jaipur plant proposals, India10 March 2015, Published under Cement NewsFive new cement plants will be set up in Jaipur, the largest city of the northern Indian state of Rajasthan, with a total production capacity of around 3Mta. The mines department has issued a letter of intent (LOI) to the firms and submitted the application for approval from the Union government. Three LOI have been given for blocks at Chittorgarh while two are issued for the blocks in Jaisalmer district. The proposal of all the five blocks have been sent to Geological Survey of India (GS... |
SCG Indonesia on course to launch operations in 3Q1505 March 2015, Published under Cement NewsSCG Indonesia, part of SCG Cement is set to launch operations of its first cement plant in Indonesia during the third quarter of the year. The US$356m cement plant, situated in Sukabumi, West Java, is slated to produce as much as 1.8Mta, SCG Indonesia country director Nantapong Chantrakul told reporters in Jakarta on Tuesday. The plant’s products, all of which will be sold locally, will enable SCG Indonesia’s cement operations to sustain itself without imported products from Thailand. “Mo... |
DG Khan eyes new Pakistan plant construction20 February 2015, Published under Cement NewsDG Khan plans to build a US$300m near Karachi as economic growth boosts cement demand in Pakistan. “There will be a shortage domestically in three years if there is 10 per cent growth in demand each year,” Inayat Ullah Niazi, CEO of DG Khan, told Bloomberg in an interview. The new plant near Hub, a city west of Karachi will produce about 2-2.5Mta of cement, Niazi said. Construction is slated for completion in late 2018. Some 40 per cent of the project will be financed through internal... |
Hoang Phat Vissai Group kicks off plant construction, Vietnam06 February 2015, Published under Cement NewsHoang Phat Vissai Group has started construction of Song Lam cement plant in Vietnam’s central province of Nghe An. Located in Bai Son commune, the 18,000tpd works will be developed into two phases, the first of which will be completed within 18 months, according to chairman Nguyen Ngoc Oanh. Phase one will span the 2015-17 period and involve the construction of two production lines with a combined clinker capacity of 12,000tpd. The second phase involving 6000tpd of clinker will be develop... |
Qatari group expresses interest in Ethiopian plant construction22 January 2015, Published under Cement NewsA Qatari business group led by Sheikh Fahad Ahmed M T Al Thani has expressed an interest in constructing a cement plant in Dire Dawa, Ethiopia, as part of a series of investments across various sectors in the African country. AllAfrica news reported that during a meeting with Ethiopia’s president Mulatu Teshome last week, Mr Al Thani said he had visited various investment sites and plans to launch four projects worth around US$500m including the cement plant. Mr Teshome stressed tha... |
Indian interest in Congo plant investment21 January 2015, Published under Cement NewsThe Republic of Congo is expected to add a further cement plant to its production base, according to local news service, Star du Congo. The president of India-based Seftech, Mahesh Chaturved, will be meeting the country’s Minister of Industrial Development and Private Sector Promotion, Isidore Mvouba, to discuss plans to build a 600tpd (0.198Mta) works in Louteté with the option for a further cement works in Hinda, Kouilou province. The project represents an investment of XAF27.5bn (US$4... |
Fitch affirms Pacasmayo's ratings; outlook stable19 January 2015, Published under Cement NewsFitch Ratings has affirmed the following ratings for Cementos Pacasmayo SAA): • Foreign currency Issuer Default Rating (IDR) at 'BBB-'; • Local currency IDR at 'BBB-'; • Senior unsecured US$300m notes due 2023 at 'BBB-'. The Rating Outlook is Stable. Key rating's drivers Solid business position Fitch said the ratings reflects Pacasmayo's solid business position, as the only cement producer in Peru's northern region which has resulted in high margins, low leverage and solid liquidi... |
Tajikistan to add further capacity over 2015-1615 January 2015, Published under Cement NewsTajikistan’s Ministry of Industry and New Technologies has said that six new cement plants will be put into operation in Tajikistan in 2015 and 2016, according to reports by Avesta news agency. Tajik-Chinese joint venture Tajchina has already started construction of a 1.2Mta cement plant, the report stated. Morever, new cement plants will also be built in Dangara, Bobojon Gafurov, and Isfara districts, as well as in Istiklol city. Another cement plant, with a capacity of 1Mta, will be const... |
New Guinea-Bissau grinding plant seeks IFC loan12 January 2015, Published under Cement NewsHeidelbergCement subsidiary Scancem, in partnership with Maxime Cardoz, a private investor from Senegal, has applied to the IFC for a loan of EUR11m to help finance Guinea-Bissau's first grinding plant. The Cardoz Cimentos de Bissau project, which is 60 per cent owned by Cardoz and 40 per cent by Scancem, would be located 1.5km from the port of Bissau, a plant location in an area which currently absorbs 50 per cent of the country's cement consumption. The project has an estimated cost of ... |
Greenfield plant in Turkmenistan announced29 December 2014, Published under Cement NewsTurkmenistan plans to build a 1Mta cement plant in the Koytendag region of the Lebap province, the country's industry ministry has said. The plan comes under the 'Program for Development of Construction and Industrial Sectors in 2012-16,' which is designed for the diversification and modernisation of the building materials infrastructure. The Koytendag region has rich reserves of raw materials and railway infrastructure has been established, which will allow for increased export opport... |