Cement News tagged under: Shymkentcement

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Italcementi obtains EBRD loan for plant revamp

04 December 2014, Published under Cement News

The Italcementi Group has signed an agreement with the European Bank for Reconstruction and Development (EBRD) granting it a loan for approximately EUR20m to fund the modernisation of the Shymkent cement plant in southern Kazakhstan. In addition to the loan, the EBRD will make an investment of approximately EUR4m in Shymkentcement, for an equity stake of around 21 per cent. The project, arranged under the EBRD policy to support energy efficiency initiatives in Kazakhstan, will replace the...

Italcementi breaks ground on new Kazakh kiln line

10 December 2013, Published under Cement News

The Italcementi group has held a groundbreaking ceremony for a new kiln line at its Shymkent Cement in south Kazakhstan. Plant managing director, Gabriel Morin, said the capacity of the new dry-process cement line would be 1.2Mta. The project will take 20 months to complete, Kazakhstan General Newswire reported. "The new cement making technology line is expected to produce first clinker in mid-2015." After the launch of the new line, the old kiln will be shut down, Shymkent Cement's genera...