Cement News tagged under: new project
K-Electric to supply 40MW of electricity to new DG Khan cement plant, Pakistan16 April 2015, Published under Cement NewsK-Electric (KE) and DG Cement Ltd have signed an agreement through which the power utility will provide 40MW of electricity to the cement producer's upcoming plant in Hub, Balochistan, Pakistan . The agreement was signed at the KE House in the presence of KE and DG Khan management. According to KE’s press statement, electricity will be provided from its Hub grid station and DG Cement Ltd is to construct a Line Bay and a 12km long 132kV transmission line. The new cement plant will have a c... |
National Cement plans expansion into Uganda14 April 2015, Published under Cement NewsNational Cement, which currently operates a grinding plant in Kenya, plans to invest KES18.5bn (US$199m) in a new factory in Uganda, according to local news reports. The new plant marks the company's first foray into Uganda, and its first venture outside Kenya. With a capacity of 1Mta, the new cement facility is expected to be completed by the end of next year, the report by Ventures Africa states. In its home market of Kenya, National Cement operates a 0.35Mta grinding works in Athi Rive... |
Mumbai Port Trust allots land for cement handling terminal13 April 2015, Published under Cement NewsThe Mumbai Port Trust has allocated allotted 25,000m2 of land at Petroleum Godown to UltraTech Cement for 30 years, to build a fully-automated cement handling terminal. The terminal will be used to ship in cement in from other states and distributed to users across the city, according to trust chairman and managing director Ravi Parmar. The facility will be equipped with portable unloaders, 30,000t silos, bagging facilities and other ancillary facilities and is estimated to cost about US$16... |
SCG hosts groundbreaking ceremony for Laos cement plant project08 April 2015, Published under Cement NewsSCG has hosted a groundbreaking ceremony for the construction of Khammouane cement plant, its first cement plant in Laos. Present at the ceremony were Pichit Maipoom, President and Vice President - Operations, SCG Cement - Building Materials, Nithi Pattarachoke, Vice President - Domestic Market, SCG Cement - Building Materials, Chanson Senbouttalat, Deputy Minister, Minister of Natural Resources and Environment, Dr Sinnava Souphanouvong, Deputy Minister of Energy and Mines, Odai Sudaporn, V... |
Cemex to bring forward Caracolito expansion, Colombia07 April 2015, Published under Cement NewsCemex is bringing forward the expansion of Caracolito plant in Colombia, the corporate affairs vice-president of the company’s Mexican division has said. Daniel Suarez told local news that the project consists of the expansion of the existing quarry with an additional 11ha, a complete reconstruction of the kilns and the replacement of air filters. Encouraged by the positive outlook and business environment in Colombia, Cemex also building a new US$340m cement works in Antioquia. The firs... |
Semen Indonesia studying feasibility of new West Java plant07 April 2015, Published under Cement NewsSemen Indonesia is carrying out a feasibility study for a new production facility in West Java, Investor Daily reported, quoting the company's business development and strategy director, Rizkan Chandra. The study is expected to be complete by December. Projects under construction for the Semen Indonesia group include Semen Padang’s 3Mta Line 6 at the Indurang works (due to be completed in 2016). Semen Gresik, also part of the Semen Indonesia group of companies, is constructing a 3Mta integr... |
Dandot Cement reduces half-year loss02 April 2015, Published under Cement NewsDandot Cement Co reported a loss after tax of PKR342.24m (US$3.4m) in the first half of the current Pakistan fiscal compared to a loss of PKR 380.42m in the comparative period of the year before. Net sales reached over PKR1bn versus PKR93m in 1HFY13-14, the company said in a notice to the Karachi Stock Exchange. The cost of sales, however, rose to PKR1.28bn from PKR406m a year earlier. Dandot Cement has said it is considering various options to arrange further funds to improve plant e... |
Aberthaw upgrade nears completion, UK01 April 2015, Published under Cement NewsLafarge Tarmac’s Aberthaw cement plant in Wales, UK, is in the final stages of its GPB2m upgrade programme and is set for completion during its annual shutdown later this month. Lafarge Tarmac Aberthaw plant manager, Chris Bradbury told local press: “Our investment plans are helping increase our production potential and ensure we are competitively placed in the market. Our most recent GBP2m investment programme will soon be completed when the last of our current planned improvements in our... |
TPI Polene: solid growth prospects01 April 2015, Published under Cement NewsTISCO Securities has reinitiate coverage of Thai cement producer TPI Polene with a ‘Buy’ based on exciting growth prospects. Coverage on TPIPL is reinitiated with a 'Buy' rating as the company is expected to post strong three-year CAGR in normalised profit of 160 per cent. Key earnings drivers are: 1) its expansion into alternative fuel power plant with a total capacity of 199MW over the next three years; 2) a 50 per cent increase in its cement capacity from investment in its fourth cemen... |
Penna to construct Maharashtra grinding unit31 March 2015, Published under Cement NewsPenna Cement Industries to set up a cement grinding unit with a capacity of 0.7Mta at Daund, in the Pune district of Maharashtra. The estimated cost of the project is INR2bn (US$32m). Gannon Dunkerley Co will be the project contractor and Walchandnagar Industries has been awarded the contract for equipment supplier. |