Cement News tagged under: New plants
Mali's path to cement self-sufficiency16 February 2024, Published under Cement NewsSet on expansion in west Africa, CIMAF announced this week that it had laid the foundation stone for its new grinding plant in Mali. Other cement producers have also targeted Mali, which saw cement shortages in 2021 but now has a crop of new cement plants under construction. The sudden surge in Mali's cement plant projects is happening despite the challenges of political unrest in the country. There were two coups d’étât in 2020 and 2021, while Al Qaeda is still active in the country and ... |
Adani Group's fast-track expansion26 January 2024, Published under Cement NewsAdani Group has seen fast-track expansion since May 2022, when it was the successful bidder to acquire Holcim India, consisting of ACC Ltd and Ambuja Cements. Built on a diverse industry portfolio - renewables, energy and utilities, transport and logistics, and financial services - the group is expected to bring strong investment to the Indian cement sector. The group's cement capacity is currently more than 70Mta in India. The US$10.5bn acquisition of Holcim India was completed in Septemb... |
Hoffmann Green Cement Technologies to build green plants in Saudi Arabia06 September 2023, Published under Cement NewsHoffmann Green Cement Technologies (HGCT) has signed a 22-year exclusive licensing agreement with Saudi-based Shurfah Group that will see the construction of several green cement units across the kingdom. Founded in 2014 and based in Bournezeau, western France, Hoffmann Green Cement Technologies is a designer, producer and distributor of innovative extremely low-carbon cements that present, at equivalent dosage and with no alteration to the concrete manufacturing process, and superior p... |
Cebu cement production on the rise17 February 2023, Published under Cement NewsThe Philippines welcomed a new cement producer to its market this week as Century Peak Cement Manufacturing Corp (CPCMC), a subsidiary of Century Peak Holdings Corp, received a licence to sell cement in the archipelago of Visayas. The new player's entry comes just as the government's affordable housing programme and road transport projects are expected to increase cement demand. The new PHP10.9bn (US$198.8m) Pinamungajan cement plant in Cebu has 1Mta cement capacity. The factory is situated... |
Adani Group investment to soar12 January 2023, Published under Cement NewsThe Adani Group will invest over INR600,000m (US$7.4m) in a number of sectors in Madhya Predesh that would create thousands of jobs. This would reshape the economy of several districts in the state, said Pranav Adani, director at Adani Enterprises, at the seventh Madhya Predesh Global Investors Summit. Currently, the group has investments of close to INR275,000m in sectors such as power generation and transmission, gas distribution, cement manufacturing and agro processing, among other... |
Dangote revives plans to open Kenyan factories26 September 2022, Published under Cement NewsWhile attending the inauguration of Kenya’s fifth President Dr William Ruto, Aliko Dangote revealed that he wants to revive plans for two new cement plants for Dangote Group in Kenya. The two cement plants would have a combined capacity of 1.5Mta. Earlier in 2017, Aliko Dangote registered two companies, Dangote Cement and Dangote Quarries Kenya Ltd, in Kenya with operations in Nairobi and Mombasa. Dangote has 90 per cent share owership in these companies with 10 per cent held by local s... |
Ambuja Cements targets rapid expansion25 February 2022, Published under Cement NewsHaving recently released its 2021 financial results this week, Ambuja Cements has announced expansion plans as it looks towards reaching 50Mta of cement capacity. ICR Research investigates the market strategy and growth potential for one of Holcim's leading Indian subsidiaries. Ambuja Cements is one of the largest cement producers in India with a current cement capacity of 31.45Mta. The current Managing Director and CEO, Neeraj Akhoury, announced that the company's Managing Board is int... |
Pakistan plans new cement capacities for its northern zone06 December 2021, Published under Cement NewsPakistan's five big cement manufacturers are in the process of raising total production capacity in the northern zone, targeting 73.6Mta by 2024 from 54.1Mta of 2021, expanding at an average annual growth of 12 per cent to meet the expected robust demands in Punjab and NPK provinces. In addition, the extra capacity will benefit land export opportunities to Afghanistan and India. The north zones expansion plan includes Lucky Cement raising capacity at its Pezu facility to 9.8Mta from 6.64M... |
Signing ceremony held for five cement factory projects in Libya02 December 2021, Published under Cement NewsA new strategic cement and building materials factory complex agreement has been signed by Ahmed Abuhisa, Minister of Industry and Minerals, in Tripoli. The ceremony was attended by FLSmidth, Grenzebach Co and Austroplan. The agreement signed was between the National Mining Corp and the local company, Abraj Al-Ghad Co for the Cement and Building Materials Industry, under the auspices of the Ministry of Industry and Minerals. The celebration included a visual presentation of the p... |
Shree Cement announces INR47.5bn investment plan15 September 2021, Published under Cement NewsIndia’s Shree Cement has announced an INR47.5bn (US$645m) investment plan, which includes solar power projects, an integrated cement plant and a grinding works. Around INR5bn will be used to set up solar power plants at its cement works across the country by September 2022, while INR7.5bn has been allocated to a clinker grinding project in Purulia, West Bengal, through its Shree Cement East subsidiary. "The cement demand-supply situation in West Bengal appears quite favourable and thus, ... |