Cement News tagged under: New plants
Overcapacity in Zambia continues unabated04 October 2019, Published under Cement NewsThis week, CemNet reported that the cement industry in Zambia has so much overcapacity that Lafarge Zambia has been forced to raise its prices in an attempt to stay in business. While domestic cement consumption stands at approximately 2.2Mta, the cement industry has a production capacity of about 5Mta and continues to expand. Government support for cement sector Zambia's ZMW106bn (US$8.1bn) 2020 budget will provide some relief for the sector as spending plans include ZMW1.1bn for po... |
Southerly expansion creates new cement capacity in Morocco27 September 2019, Published under Cement NewsThis week, LafargeHolcim reported cement volumes rising by more than two per cent in Morocco with construction of the company's 3500tpd Souss plant now advancing well and on course for commissioning by thyssenKrupp Industrial Solutions in the 3Q20. The greenfield project will see 1.2Mta added to the group's Moroccan production capacity, which currently stands at approximately 12.5Mta. This north African market is already due to see significant change with the recent acquisition by Cimen... |
Uzbekistan's fast-changing cement market06 September 2019, Published under Cement NewsThis week CemNet reported that Eurocement's new 3Mta line at its Akhangarancement plant in Uzbekistan was nearing the last phase of construction, as Beijing Triumph International Engineering Co confirmed that 90 per cent of the project has been constructed. The large-scale expansion is expected to make a big difference to the country's cement production, even though it is having phased start-up stages between 2020-21. Eurocement has a strong position in the Uzbekistan cement sector, but it... |
Alpha Cement plant to resume construction04 June 2019, Published under Cement NewsConstruction of Alpha Cement plant, near the village of Aung Thabyay in Patheingyi Township, Mandalay, Myanmar is due to resume after police arrested approximately 100 protestors in May. The US$200m cement plant is being established by China's Myint Investment company under the approval of the Myanmar Investment Commission, but the project has been suspended since its approval in 2012, due to local opposition. Protests from local farmers and residents are mainly over the environmental an... |
Ramco Cements to invest INR35bn in expansion programme31 May 2019, Published under Cement NewsIndia’s Ramco Cements has confirmed plans to invest INR35bn (US$501m) to expand its production capacity from 12Mt to 20Mt by 2020, following the conclusion of the country’s general election. "The uncertainty has ended and stability is back at the centre," said P R Venketrama Raja, chairman and managing director, Ramco Cements. "We expect the new government to focus on major infrastructure projects that will spur growth in the cement sector." The company has already invested INR12bn in upco... |
Using plant cost profiles16 May 2019, Published under Cement NewsAs in January 2018, Dr Michael Clark has once more spent most of the last month developing manufacturing cost profiles for cement factories in different geographies across the globe. This time, Dr Clark considers how these profiles may be used to provide a competitive advantage. Holcim established its facility in Ste Genevieve, Missouri, USA, benefiting from the low distribution costs due to its convenient location on the Mississippi River Regular readers of the Technical For... |
A rejuvenated Kazakhstan cement market?12 April 2019, Published under Cement NewsThis week Steppe Cement reported its 1Q19 business results with an exceptionally-strong performance when compared with the 1Q18. The market leader increased its market share to 17.4 per cent on the back of strong cement demand and price rises. Steppe Cement reported ex-works prices rising to KZT13,614/t (US$35.93/t) of cement. Ambitious construction projects drive cement demand Underlying the sudden upward trend in Kazakh cement demand is the country’s housing boom and investment in l... |
Profit of Attock Cement falls in 6MFY1922 January 2019, Published under Cement NewsAttock Cement Pakistan Ltd (ACPL) has announced earnings of PKR816.79m (US$5.8m) for the half year ended December 2018, a fall of 29 per cent YoY, as compared to PKR1.152bn earned in the same period last year. Company net sales increased by to PKR10.63bn from PKR7.36bn during this period. Distribution cost of PKR749.39m were incurred against PKR279.18m in the same period last year. The administrative expenses stood at PKR252.11m compared to PKR241.74m incurred in the same period last y... |
Sagar Cements announces new investments in plant projects06 December 2018, Published under Cement NewsSagar Cements has approved significant investment in both Satguru Cements and Jajpur Cements, which will enable the company to expand its presence in central and eastern India. "The board has approved a proposal to invest a sum of INR1.5bn (US$21.1m) in Satguru Cement Pvt Ltd (SCPL), Indore, to set-up a greenfield cement manufacturing plant of 1Mta capacity along with a waste heat recovery power plant, at a total cost of INR4.26bn. SCL will be holding 65 per cent in the equity share capit... |
Jagdamba Cement accelerates cement expansion12 November 2018, Published under Cement NewsNepal's cement industry has stepped up construction of its new production units with Jagdamba Cement planning to build on its current market share as it expands its production capacity. In addition to its existing cement plant in Lumbini corridor, Jagdamba Cement is setting up a further unit in the eastern part of Bhairahawa, representing an investment of NPR3bn (US$42.6m). The new plant will produce 1500tpd of cement, according to the company. Around 400 new jobs will also be created. "I... |