Cement News tagged under: Maldives

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Raysut Cement acquires 75% stake in Maldives terminal

14 October 2020, Published under Cement News

Oman’s Raysut Cement Co has announced that its has acquired a 75 per cent stake in LafargeHolcim’s cement terminal at Thilafushi Island in the Maldives. As a result, it has formed a new joint venture, Raysut Maldives Cement Pvt Ltd. The new entity, with the State Trading Organisation (STO) of Maldives owning 25 per cent, has plans to expand the terminal's capacity from 75,000tpa to over 200,000tpa. The terminal will be owned and operated by the RCC-STO joint venture entity. "The Maldiv...

PT Semen Padang exports 25,000t to Australia

08 October 2020, Published under Cement News

PT Semen Padang exported 25,000t of cement to Australia. The cargo of OPC Type I Grade 52.5N cement was shipped in MV Luga from Teluk Bayur Padang Port on West Sumatra, according to Fifit Abriyanto, senior export sales manager for Semen Indonesia Group. In addition, the company also exported around 35,000t of clinker to Bangladesh in September, reported Bisnis. To support the optimisation of its plant operations, PT Semen Padang is targeting cement and clinker export sales of 1.58Mt in 2...

Raysut Cement plans to acquire 75% stake in LafargeHolcim Maldives

03 February 2020, Published under Cement News

Oman’s Raysut Cement Co has reportedly begun discussions to acquire a 75 per cent stake in LafargeHolcim Maldives. The board has approved the move in principle and the company is in talks to acquire the stake from Switzerland-based Cementia AG.

Lafarge Maldives Cement celebrates 20th anniversary

30 April 2019, Published under Cement News

Lafarge Maldives Cement recently celebrated 20 years of service in the construction industry of the Maldives. Lafarge Maldives Cement operates a terminal in Thilafushi, Maldives During this time, the company installed a 9400t cement storage silo in Thilafushi and a 1t jumbo packing machine. Over time, it has introduced 25 and 50kg bagged cement as well as 1t jumbo bags into the Maldives market. The company has also supported a safety culture in the Maldives by continuously imp...

Lafarge Maldives celebrates 8 years zero lost time injuries

15 November 2017, Published under Cement News

Lafarge Maldives has reached an important milestone on 22 September 2017, celebrating eight consecutive years of zero lost time injuries. At Lafarge Maldives, employees aim to conduct their business with zero harm and create a healthy and safe environment for all stakeholders. Lafarge Maldives Cement has actively participated in Occupational Safety & Health Conference 2017, organised by State Trading Organization (STO) along with Maldives Association of Construction Industry (MACI) to...

Indonesia: Semen Indonesia looks to international markets

21 June 2016, Published under Cement News

Amid prospects of disappointing revenue growth in the domestic market, Semen Indonesia is looking offshore to expand its sales figures. Newly appointed head of PT Semen Indonesia, Rizkan Chandra has said that he wants to raise the company’s sales outside of Indonesia from 5.2 per cent of revenue in 2015 to 10-15 per cent over the next three years. In an interview Mr Chandra said operations may expand into Bangladesh, Sri Lanka and the Maldives, with operations already present in Vietnam.  ...

Lafarge opens new Maldives silo

22 June 2015, Published under Cement News

Lafarge has opened a 4000t cement silo in Thilafushi, Maldives, taking total capacity to 9000t. The new facility was opened up by Minister of Economic Development Mohamed Saeed together with representatives from Lafarge and the State Trading Organisation (STo). Lafarge Maldives was opened in 1999, under an agreement between STO and Lafarge Cement to build a trade terminal in the Maldives. The project was lauchned by then STO chairman and present President Abdullah Yameen Abdul Qayyoom. STO...