Cement News tagged under: capacity expansion
JSW Cement partners with new investors to accelerate growth29 July 2021, Published under Cement NewsIndia-based JSW Cement has entered into definitive agreements to raise up to INR15.000bn (US$201.2m) from two global private equity investors, Apollo Global Management Inc (through its managed funds) and Synergy Metals Investments Holding Ltd. The transaction is a structured private equity deal wherein compulsorily convertible preference shares (CCPS) are being issued to the investors and the conversion of such CCPS into common equity of the company will be linked to the company’s ... |
Mangalam Cement completes capacity upgrade at Morak29 June 2021, Published under Cement NewsIndia’s Mangalam Cement has completed a trial run of an expansion project at its Morak plant in Rajasthan. As a result, clinker capacity at the plant has been improved by 300,000tpa and cement by 400,000tpa. Following the upgrades to Morak’s Line I, overall capacity of the company now stands at 4.4Mta. |
Loma Negra to increase L'Amalí output to 4.9Mta21 June 2021, Published under Cement NewsFollowing the kiln lighting ceremony on Saturday, 18 June, Loma Negra’s expanded L’Amalí plant in Argentina, is set to start production on 26 June. The US$350m project will increase the plant’s production capacity by 2.7Mta to 4.9Mta with construction carried out by China’s Sinoma. “It is a milestone in the history of Loma Negra. I would like to thank everyone who was working on the site, workers, Sinoma and contractors. We have had and gone through economic and social difficulties and i... |
Nexe Grupa invests in production capacity17 June 2021, Published under Cement NewsCroatia’s Nexe Grupa reportedly invested HRK115m (US$18.6m) last year to boost the production capacity and energy efficiency of its plants, with further plans for development this year. In particular, its cement subsidiary targeted both capacity expansion and the increased usage of alternative fuels during the year. "These are just some of the important project that we will follow also in 2021, which we enter with a reduced overall debt of the group and lower costs of financing thanks to ... |
ACC Ltd outlines its new capacity projects15 April 2021, Published under Cement NewsACC Ltd (LafargeHolcim) plans to increase its clinker and cement capacities which will see an integrated greenfield project of 2.7Mta clinker capacity with 1Mta grinding unit at Ametha in Kymore, Madhya Pradesh. Expansion of the existing Tikaria grinding unit with 1.6Mta cement capacity and a grinding unit in Shonebhadra district, Uttar Pradesh, with 2.2Mta of capacity is progressing, said the company. The company also recently completed and commissioned a new grinding unit at Sindri, ... |
IKN continues to build Märker Cement's new Kiln Line No 826 February 2021, Published under Cement NewsThe construction of Märker Cement’s new kiln line is currently being carried out by IKN, which is supplying a 3000tpd kiln line at the cement producer's Harburg site in Germany. To date the solid concrete basis for the preheater and the first kiln pier are almost at their full heights while the foundation works for the cooler building are in full progress, showing the future footprint. The new Kiln Line No 8 is being built right next to the existing production line that it will r... |
ACC Ltd starts brownfield expansion of Sindri cement plant06 January 2021, Published under Cement NewsACC Ltd (LafargeHolcim group) has started its new Sindri cement plant in Jharkhand, India. The new facility will add 1.4 Mta of cement capacity to its existing 3Mta unit at this site. The foundation stone of Sindri grinding unit Phase 2 was laid in December 2019 with the aim to contribute significantly to servicing the growing market, strengthen presence in the eastern region and add value to the business. The facility will manufacture low-CO 2 and environment-friendly cement ... |
Dalmia adds 2.3Mta to Bengal capacity28 December 2020, Published under Cement NewsDalmia Cement (Bharat) Ltd has expanded its capacity in Bengal, India, by 2.3Mta to 4Mta. The expansion represents an investment of INR3.6bn (US$48.9m). The company expects pent-up demand from infrastructure projects and affordable housing following business disruption due to the COVID-19 pandemic. Therefore, it is also adding 2.3Mta of brownfield capacity in Odisha and revamp the operations of Murli Industries in Maharashtra to add 3Mta. “Today we are at around 29Mta approximately and w... |
BUA and Sinoma sign US$1.05bn project agreement23 December 2020, Published under Cement NewsNigerian cement producer BUA Cement Plc has signed an agreement with Sinoma CBMI of China to build three new cement plants with a capacity of 3Mta in Edo, Sokoto and Adamawa states. The 9Mta expansion project is estimated to cost around US$1.05bn and will bring BUA Cement’s total capacity to 20Mta, reports This Day. The new plants are in addition to the company’s 6Mta facility in Edo, the 3Mta works in Sokoto state and the 3Mta plant in Adamawa state, which is expected to be inaugurated in... |
UltraTech Cement announces 12.8Mta capacity expansion04 December 2020, Published under Cement NewsUltraTech Cement’s (Aditya Birla Group Cement) Board of Directors have approved an increase of cement capacity by 12.8Mta with a mix of brownfield and greenfield expansions. The additional capacity will be created in the fast-growing markets of the eastern, central and northern regions of India. Kumar Mangalam Birla, chairman of the Aditya Birla Group, said: "This significant investment in a core infrastructure sector will accelerate the wheels of economic activity and aid the kickstar... |