Cement News tagged under: new plant
Siam Cement plans 1.8Mta plant in Myanmar26 August 2013, Published under Cement NewsSiam Cement Pcl, Thailand, plans to build a 1.8Mta integrated cement plant in Myanmar, ready to start production in mid-2016. The THB12.4bn (US$388m) investment will position Siam Cement as one of the foremost producers in the country, where cement demand is forecast to increase by 10 per cent over the next five years, according to a Reuters report. Last year, Siam Cement accounted for more than 40 per cent of the 4Mt of cement consumed in Myanmar. Siam Cement is 30 per cent owned by the ... |
Bío Bío and Votorantim to start work on Peruvian plant25 June 2013, Published under Cement NewsAfter two years, Chile’s Cementos Bío Bío and its Brazilian partner Votorantim have successfully obtained all permits to build their first plant in Peru, representing an investment of US$160m. In the past few weeks, the tender details for the equipment needed and the financing arrangement have been worked out. Hernán Briones, president of Bío Bío said funding would come from the cement company’s cash flow and rejected the possibility to emit shares or to realise a raise in capital. Wor... |
Lucky Cement joint venture prepares to break ground on new DR Congo plant30 May 2013, Published under Cement NewsNyumba Ya Akiba (NYA), a joint venture between Pakistan-based Lucky Cement and the Rawji Group of the Democratic Republic of Congo, is set to break ground on a new 1.2Mta integrated works at the end of next month. The new facility, to be situated 250km from the DR Congo capital on the main Kinshasa-Matadi Highway, will host a groundbreaking ceremony on 30 June 2013, a Lucky Cement spokesperson told CemNet News. NYA has already finalised its plant and machinery purchase contract with FLSmid... |
PPC Zimbabwe to build new cement plant27 February 2013, Published under Cement NewsA new US$200m cement plant is to be built by Portland Holdings Ltd (PHL), the Zimbabwe subsidiary of South Africa's PPC, to service the Harare and central Mozambique markets. The new plant will have a cement capacity of about 1Mta and will coincide with the construction of a separate grinding facility in the neighbouring territory of Tete in Mozambique. The plans could significantly boost output and market share for PPC Zimbabwe which currently dominates the domestic market with Lafarge Ce... |
Bosnia-Herzegovina: Turkey's GIMAS shows desire to construct Gacko cement plant12 February 2013, Published under Cement NewsRepresentatives of 'GIMAS' and the mayor of municipality Gacko recently held a meeting with representatives of Enel, Alfa Motor and Dr Boško Vukovic regarding the possibility of building a cement factory in the region. In addition to large reserves of coal and energy production, the Gacko municipality also has significant reserves of limestone, clay and marl, which could serve as the basic raw material for cement production. Taking in account that the area does not currently produce cem... |
Nigeria's Flour Mills to borrow to double cement capacity11 February 2013, Published under Cement NewsFlour Mills of Nigeria plans to borrow between US$400m-500m to construct a new cement plant which will double its existing 2.5Mta capacity, its chief finance officer said. Jacques Vauthier told Reuters the conglomerate had appointed financial advisers and banks to raise a term loan from the local market for the construction of the plant. He said the details of the loan were still being finalised. The new cement plant will be completed by 1Q16, Vauthier said. Nigeria's biggest cement firm ... |
Kenya: KES12bn Pokot cement factory to be completed next year10 January 2013, Published under Cement NewsInvestors in the KES12bn cement factory in Pokot have pledged to complete the project next year after revising its implementation plan. The project was initially scheduled to end this year. CEO of the Cemtech Sanghi Group, Rajesh Kumar Rawal, has dispelled fears that the project may not take off. "Its a complex project but we are committed to completing it within the next 15 months so that it is commissioned," he told local newspaper, the Star. "We are on course to implement it because ... |
Financing concluded for Norm’s Azerbaijan plant24 December 2012, Published under Cement NewsA financing agreement was signed in Baku on 21 December by the General Director of Norm LLC, Hassan Yalchinkaya, and the Chairman of Pasha Bank, Farid Akhundov, paving the way for the supply of equipment from Germany for the new 5000tpd clinker plant. Under the agreement, the construction of Gyzyldash Cement by Norm LLC is guaranteed by Pasha Bank, while a USD22.3m long-term loan with a 7-year term has been arranged through German bank Commerzbank and export insurance agency Euler Hermes, ... |
Mali: new integrated Astro Cement plant to produce first cement06 December 2012, Published under Cement NewsThe latest addition to the cement industry of Mali, the Astro cement works located at Gangoterie is expected to be fully up-and-running on 21 December. The project, owned by Diamond Cement Mali (DCM), has a 1Mta cement capacity with a 0.5Mta clinkerisation unit installed at the village of Gangoterie, Bafoulabé, while grinding will take place at Ko-Gare in Kati, Koulikoro. The grinding facility has been operational since 8 June, when the first bag of cement with delivered clinker was produ... |
Secil plans to build second cement plant in Angola06 December 2012, Published under Cement NewsPortuguese group Secil plans to build a second cement plant in Angola in order to increase production from 280,000tpa to 1.8 Mta, the managing director of Secil Lobito, Augusto Miragaia, said in Lobito. The managing director said that the current needs of the Angolan market, which stand at between 4Mta and 5Mta of cement, justify construction of another plant, which is a project that the company has had in mind for a few years. Augusto Miragaia also told Portuguese news agency Lusa that... |