Cement News tagged under: Capacity

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Cemex: September '12

08 October 2012, Published under Cement News

Cemex is planning to increase the capacity of its APO works in the Philippines by 1.5Mt at a cost of US$65m, as the present plant at that location is setting close to capacity. The Philippine cement market increased by 6.1 per cent during the first half of 2012. Cemex Latvia has signed a three-year contract with SITA UK for it to supply it with 180,000t of solid recovered fuel. Earlier this year Cemex made an agreement with SITA for supplies to its Rugby works in Great Britain.

Fourth terminal for Cochin Port, India

25 September 2012, Published under Cement News

India’s Cochin Port Trust (CPT) plans to set up a fourth cement terminal in Willingdon Island. The new terminal, with a capacity of 100,000t, will be built in response to demand from major cement companies and will be located on 3.19ha of leased land at the north side of Mattanchery wharf. “The interest shown by companies to set up and operate terminals indicates a positive change in attitude towards investment in the port sector, especially in Kochi. It may be noted that there has not...

Brazilian investors eye Mozambican limestone

25 September 2012, Published under Cement News

Brazilian investors have expressed and interesting exploring large limestone deposits in at least four districts of Mozambique’s Nampula province, said the provincial inspector and spokesman for the Mining Resources and energy Directorate, Fila Lazaro. He added that they planned to use limestone to produce clinker and to correct acid soil. Teams of mining consultants hired by the Brazilian investors, recently visited the coastal districts of Nampula, Memba, Mossuril, and Nacala, and the i...

HeidelbergCement invests US$250m in Togo

24 September 2012, Published under Cement News

HeidelbergCement will invest US$250m in the building of a new clinker plant and a cement grinding unit in Togo. The new cement works, which will be located in Tabligbo, around 80km northeast of the Togo capital of Lome will have a capacity of 1.5Mta, while the new 0.2Mta grinding facilities will be constructed in Dapaong, 600km to the north.  “The construction of the new clinker plant and the cement grinding facility is part of our strategy of focussing on expanding our clinker and cement...

Dangote sets sights beyond Africa

24 September 2012, Published under Cement News

Dangote Cement is expanding out of Africa. While its chairman Aliko Dangote remains firmly committed to the continent and its 40Mta production capacity owned by the company, he has set his sights beyond its borders – starting with Iraq and Myanmar, where plant construction could start as early as next year. When asked why he is investing specifically in those locations, he gives the example of Myanmar. As the country opens up, the opportunity is currently there to invest but may disappear at...

Indian cement capacity seen reaching 349.6Mt in FY13

04 September 2012, Published under Cement News

Indian cement production capacity is expected to rise to 349.6Mt in the current fiscal year (FY13) from 336.1Mt reached in the last fiscal. "The projected demand and capacity to be created during 2012-13 are 265.4Mt and 349.6Mt, respectively," Minister of State for Commerce and Industry Jyotiraditya Scindia said in a written reply to Parliament According to the report of the working group on cement industry for the 12th Five Year Plan, the installed capacity of cement production during...

Qatar National Cement issues tenders for new plant

13 August 2012, Published under Cement News

Qatar National Cement Company has issued a tender for the construction of a new cement plant at its Umm Bab base According to reports in Construction Week, the company said that it has outlined two separate options for the plant, which is 82km outside of Doha: one would be capable of producing 5000tpd of clinker and the second would be capable of producing 7000t. The firm said that a tender for consultants to design the plant is already "on the stage of receiving quotations".

Tanzanian production costs seen coming down, competition to increase

08 August 2012, Published under Cement News

Cement production costs in Tanzania are expected to decline in the near future due to falling energy costs and improved supply. A study entitled “Equity Research Cement Sector Local Listed Companies” by Tanzanian Securities indicates that due to the expected entry of three new players, prices are also seen declining. "We see an improvement in energy supply, introduction of new sources of energy and stabilisation of energy prices in the country as a special opportunity for cement producers"...

Fitch Ratings says outlook for Indian construction stable

07 August 2012, Published under Cement News

Fitch Ratings says that the outlook for the Indian construction sector remains stable for 2H12, despite the continued unfavourable macroeconomic environment, as some of the risks have already been factored into the ratings. However, the medium-term outlook could be affected by ongoing challenges in execution, coupled with high interest rates and lacklustre equity markets. Fitch is concerned about the construction sector's growing order book position amid slowdown in project execution, as th...

Bangladesh industry consolidation gathers pace

07 August 2012, Published under Cement News

Cement sector consolidation in the Bangladesh industry is set to gather pace as more than 70 smaller cement factories have folded operations in the past 12 years having lost ground to larger players. According to a report in the Financial Express (Bangladesh) more are on the verge of shutdown as tight bank loans for smaller factories and massive investments by local and global players have accelerated the closure of units with capacity below 6000t. "It's like a story of big fish gobbli...