Cement News tagged under: Capacity

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Bolivia increases cement supply

26 February 2015, Published under Cement News

As the Bolivian cement market surged 24 per cent YoY in 2H14, the domestic cement industry was able to increase output by 15 per cent. However, much has changed as the sector invested in new plants and pushed up production to improve the supply-demand balance. Corporación Boliviana del Cemento (Coboce) now produces around 70,000 bags per day to supply its markets of Santa Cruz, Cochabamba, La Paz and Beni. This follows an investment of US$100m in a new plant at Cochabamba. "The new fa...

UAE: changing fortunes

02 February 2015, Published under Cement News

The changing fortunes of the UAE, as it prepares to host Expo 2020 in Dubai, expands its infrastructure and addresses housing requirements, are envisaged to bump up domestic demand in the coming years. Meanwhile, exports have provided significant relief to local producers during recent years of scaled-back demand. The UAE’s construction sector is returning to form, with a number of major megaprojects in the pipeline and the ramping up of social infrastructure spend. Prestigious, la...

Indian interest in Congo plant investment

21 January 2015, Published under Cement News

The Republic of Congo is expected to add a further cement plant to its production base, according to local news service, Star du Congo. The president of India-based Seftech, Mahesh Chaturved, will be meeting the country’s Minister of Industrial Development and Private Sector Promotion, Isidore Mvouba, to discuss plans to build a 600tpd (0.198Mta) works in Louteté with the option for a further cement works in Hinda, Kouilou province. The project represents an investment of XAF27.5bn (US$4...

Algeria’s expansion drive

19 January 2015, Published under Cement News

As cement demand rapidly increases across north Africa, Algeria leads the region’s drive to increase its cement production capacity. Supported by an active housing and infrastructure construction sector, domestic cement demand is expected to remain high, offering plenty of opportunity for existing and new cement plants. Algeria’s housing shortage and a need for infrastructural development is expected to ensure a continued buoyant domestic cement market Algeria’s economy is on...

Anhui Conch Cement Co

23 December 2014, Published under Cement News

PT Conch, a subsidiary of Anhui Conch Cement, has opened its greenfield cement plant in South Kalimantan, Indonesia. With a production capacity of 1.5Mta, the project has cost US$202m and is strategically located 30km from Tanjung, capital of the Tabalong regency.The facility includes a 36MW steam-powered electric plant. According to the Head of Regional Development Planning Board of Tabalong, construction of the plant, which began in 2012, is part of the previous regime’s programme o...

India: a new dawn arises

17 December 2014, Published under Cement News

After five long years of limited demand growth, India’s cement producers are poised to make the most of the domestic market recovery underway. There have also been cement pricing improvements which are expected to lead to better profitability. While regional variations exist in terms of supply and demand as well as on the pricing front, a generally more positive mood now prevails. An improved demand outlook is on the horizon for the Indian cement industry with growth of almost nine...

Peru: Pacasmayo Piura to come online in July 2015

12 December 2014, Published under Cement News

Cementos Pacasmayo has invested US$190m in its new Piura plant, Peru, and civil works have been almost completed. “The new plant is a project that we have started more than two-and-a-half years ago. The works, which is built with latest-generation German technology, has a production capacity of 1.6Mta of cement and 1Mta of clinker,” said Humberto Nadal, CEO of Cementos Pacasmayo. The plant aims to be “the first plant in the country with zero emissions”, he added. The company currently...

US$125m CAF loan signed for Guayaquil project

03 December 2014, Published under Cement News

Holcim Ecuador SA has signed a loan contract for US$125m with the Latin American development bank, CAF. The funds will finance the modernisation of Holcim’s Guayaquil plant. The upgrade programme will see clinker production capacity rise to 3.4Mta, enabling to replace current clinker imports by domestic production and reduce the country’s currency outflow. In addition, some 20 per cent of the investment will be directed to environmental technology to improve the plant’s environmental re...

Africa's grey gold

24 November 2014, Published under Cement News

As investors’ appetite for sub-Saharan Africa (SSA) is whetted and confidence grows, the region offers a positive scenario in terms of future cement demand. While some international majors appear on the back foot, new entrants are keen to gain a foothold in the market and expand their operations in this increasingly-competitive market. By T Hadley, Baobab Advisory sarl, France. Figure 1: per capita cement consumption vs per capita GDP, 1995-2014 Africa’s cement consumption has d...

Bolivia: Potosi plant ruled out

17 November 2014, Published under Cement News

Bolivia’s president, Evo Morales, ruled out the building of a cement plant in Quiburi, Potosi.  The new works was expected to cost US$401m, including the building of a pipeline that feeds the plant. However, the project was postponed indefinitely although Empresa Pública Productiva Cementos de Bolivia (Ecebol) launched an international tender in February 2012 for the construction and commissioning of the plant.