Cement News tagged under: Capacity

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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...

Cement Industry Group of Algeria to build two new plants

07 August 2012, Published under Cement News

The Cement Industry Group of Algeria (Gica), which recently announced it plans to 450,000t of cement, will begin the construction of two cement plants with a total capacity of 3Mta. These plants will be located in Béchar and Relizane. Gica will launch the work of determining the volume of deposits once the mining exploration rights have been obtained from the Agency for National Mining Heritage (ANPM). This was reported yesterday by APS quoting the group's director, Yahya M Bashir. I...

Malaysian market acceleration

05 April 2012, Published under Cement News

As Malaysia prepares to host to the 23rd AFCM Technical Symposium in April, ICR presents an overview of recent activity and prospects for the Southeast Asian nation. This year, the construction market will be underpinned by higher activity in the residential sector and the acceleration of public engineering projects, translating into increased orders for the cement industry once large-scale projects go into full swing. ICR looks forward to meeting delegates at the 23rd AFCM Technical ...