Cement News tagged under: cement capacity
UltraTech Cement raises capacity with debottlenecking programme29 March 2024, Published under Cement NewsDuring the course of its capacity expansion programme, the UltraTech Cement ( Aditya Birla Group ) had identified opportunities for debottlenecking and efficiency improvements across various locations, including its wholly-owned subsidiary. Some of these upgrades have since been completed, resulting in additional production capacity of 2.4Mta. The increases in capacity were at the company's grinding units in Magdalla , Gujarat (+0.4Mta), Sonar Bangla , West Bengal (0.6Mta), Neem ka Th... |
Votorantim Cimentos to invest BRL5bn until 202826 January 2024, Published under Cement NewsVotorantim Cimentos announced BRL5bn (US$1bn) in investments, which BRL1.5bn (US$300m) are already in place, to expand the company's cement capacity by 10 per cent in the next five years (3Mta). At BRL1666m/t (US$333m/t), the investment is expected to increase the yearly EBITDA by BRL1.3bn (US$260m) - 26 per cent of Votorantim's 2022 EBITDA, as stated by the news. According to Osvaldo Ayres Filho, global CEO, the investment will also increase the company's competitiveness, reduce mining ... |
Top two Indonesian cement producers evolve growth strategies13 August 2021, Published under Cement NewsThis week, CemNet featured a plethora of half-yearly financial reports from leading cement producers, including Semen Indonesia Group (SIG). SIG operates in a domestic market with an industry capacity of 120.5Mta and, even with a leading 42 per cent market share, it is seeing competition increase from new entrants that have added 24.7Mta of cement capacity between 2013-18. To meet this challenge, SIG is poised to embark on a regional expansion, while its nearest domestic competitor is expect... |
Yamama Cement to move 10,000tpd kiln line to new site21 April 2021, Published under Cement NewsYamama Cement Co’s board of directors decided, in a meeting on 19 April 2021, to transfer and install the No 7 line from the company’s old production site in the south of Riyadh to the new plant location in Northern Halal in Al-Kharj governorate of the Riyadh region. The company said in a bourse statement that this comes in line with Saudi Arabia’s Vision 2030 to keep pace with development projects. The production capacity of the line is 10,000tpd. Therefore, by the end of 2024, t... |
Twiga Cement to increase cement capacity in Tanzania14 August 2020, Published under Cement NewsTwiga Cement's Head of Commercial Cluster East, South and Central Africa, Yves Mataigne, says the company will invest TZS34bn (US$14.6m) this year and TZS33bn (US$14.1m) in 2021 to support Tanzania's drive for infrastructure projects. "Implementation of the mega projects has made us rethink about our production capacity as we see an opportunity for growth," Mr Mataigne said. Twiga Cement (HeidelbergCement group) has invested TZS105bn over the last five years in modernising its operatio... |
Shree Cement is closing in on 50Mta of cement production07 February 2020, Published under Cement NewsThis week it was announced that Shree Cement would enter the market of western India within the next six months . The company is preparing to open a new 2.5Mta grinding plant in Pune, Maharashtra with an investment of US$87.8m. The new plant will receive clinker from its plant in Kodla, Karnataka. Shree Cement has been expected to go on a growth path. As recently as November 2019 it raised more than US$278.36m through a qualified institutional placement (QIP) offering, which was underst... |
Vietnam to add 7.1Mta of cement capacity in 202031 January 2020, Published under Cement NewsTwo new cement plants in Vietnam will go into operation this year, according to Nguyen Quang Cung, president of the Vietnam Cement Association. The first is in Tan Thang commune, the central province of Nghe An, with a capacity of 2-2.5Mta, while a second new plant is being built in Bim Son commune, Thanh Hoa province, with a capacity of 4.6Mta. Vietnam’s Ministry of Construction forecast that cement sales would increase by around five per cent to reach 103Mt in 2020, around 70Mt of which w... |
10Mta of new cement capacity to come on-stream in Pakistan06 December 2019, Published under Cement NewsA big number of capacities will be added in Pakistan's cement industry, later this month and in early next year, according to market analysts. Current capacity projects are forecast to add around 10Mta of extra capacity to the present 59.42Mta. This is expected to lead to higher levels of competition and price wars in the coming year. According to IMS Research, from December 2019 onwards, the northern market will see multiple expansions with Lucky Cement (2.6Mta in December 2019), Kohat ... |
Côte d’Ivoire cement capacity set to rise to 9.4Mta by 201929 August 2018, Published under Cement NewsCement capacity is set to increase to 9.4Mta in Côte d’Ivoire by 2019 following significant investment by the industry, according to the country’s Secretary of State for the Promotion of SMES, Anoblé Félix. The new capacity is driven by an accelerated demand in major public infrastructure projects, the social housing programme and many private projects. Consumption is expected to rise by 11 per cent YoY. "To cope, the national cement production has increased from 2.52Mt in 2015 to 3Mt i... |
FDI Pakistan touches 53% growth in FY1818 July 2018, Published under Cement NewsPakistan's cement and construction industry received foreign direct investment (FDI) of US$766.3m during the 12 months of FY17-18 (July -June), compared to US$501.9m received in corresponding months of last fiscal year. This translates a YoY growth of 53 per cent, says the State Bank of Pakistan (SBP). The breakdown shows that cement industry attracted FDI of US$59m and the construction industry US$707.30m compared to US$36m and US$465.90m, respectively in July 2016-June 2017. According... |