Cement News tagged under: Derba Midroc
DMC prepares power supply for new project02 September 2021, Published under Cement NewsEthiopia-based Derba Midroc Cement (DMC) and Sinohydro Construction Ltd have signed an ETB330m (US$7.24m) contract for a power expansion project that will allow the factory to double production and receive sustainable energy. The project to install the 132kV unit is expected to be completed within 14 months and will be supervised by Ethiopian Electric Power (EEP). DMC plans to begin production on its second production line within the next six months. It will have the same capacity as its f... |
Al-Amoudi plans new Ethiopian ventures03 December 2013, Published under Cement NewsEthiopia’s biggest private investor, Mohammed al-Amoudi, plans to construct two more cement factories in the country, according to reports by Bloomberg. Saudi billionaire al-Amoudi is also the owner of the Derba MIDROC Cement factory which opened in early 2012. With an investment of US$351m the plant has a capacity of 2.3Mta and produces OPC and PPC. Derba also operates two mini plants – the Derba mini works near the main facility and the Dejen mini unit near the down of Dejen – each produc... |
Derba Midroc announces second-round of price cuts, Ethiopia04 April 2012, Published under Cement NewsNewcomer to the Ethiopian cement sector Derba Midroc will announce another round of price cuts on wholesale cement, intensifying the price war on the local market. The 7500tpd Derba Midroc cement works was inaugurated in February this year, and is one of seven cement projects scheduled to come on-stream in the January-May period of 2012, according to Ministry of Industry data. Derba Midroc’s managers claim that they cutting prices to spur demand in a market that is currently facing a d... |
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