Cement News tagged under: New plant
New Liberian project proposed to NIC19 September 2019, Published under Cement NewsCapital Link Corp has proposed a new Liberian cement plant project to the country’s National Investment Commission (NIC). Moullela Gray, chair of NIC, has disclosed to the Senate Committee on Concession and Investment that the country stands to benefit from US$35m during 15 years of operation. Mr Gray also noted that the company is in discussion with Guinea to finalise an implementation agreement for the transhipment of iron ore through Liberia and that the proposed plant for Buchanan woul... |
Lucky Cement updates progress on overseas and local projects16 September 2019, Published under Cement NewsLucky Cement is currently implementing two cement projects: the overseas cement plant in Samawah in Iraq and the 2.6Mta brownfield cement plant expansion in Khyber Pakhtunkhwa province, Pakistan. According to Lucky Cement's annual report for 2019, the first shipment of plant and machinery from Sinoma to the Samawah site is expected to start of October 2019. Commissioning will take place in FY20-21. Similarly, the letter of credit for the power plant in Iraq has been established and s... |
Attock Cement's grinding unit starts production in Iraq02 September 2019, Published under Cement NewsAttock Cement Pakistan Limited (ACPL) has informed the Pakistan Stock Exchange (PSX) that commercial production from its newly constructed 0.9Mta cement grinding unit in Basra, Iraq, commenced on 1 September. ACPL has succeeded in exporting a huge quality of clinker and cement both in bags and bulk to UAE, South Africa, Iraq, Sri Lanka and many other countries. In addition, the company also produces low-alkali cement. It is a member company of Pharaon Commercial Investment Group, pre... |
Star Cement receives approval for 0.6Mta Liberian project12 August 2019, Published under Cement NewsStar Cement has received approval from the Liberian government to construct a 0.6Mta plant in Monrovia at an estimated investment of US$41m. Following commissioning, the price of cement is expected to drop in the domestic market and assist a boom in the construction industry, according to a company press release. Operations are anticipated to begin within the next 12-18 months, at which time the company will begin the sale of shares. Elsewhere, Star Cement is reportedly trying to ensur... |
India Cements plans INR14bn plant project08 August 2019, Published under Cement NewsIndia Cements is reportedly in the process of acquiring land in Madhya Pradesh for a new plant project which would take its total capacity to 20Mta, according to The Economic Times. The company has already acquired a company with an existing mining lease to use its limestone reserves. The project is worth around INR14bn (US$197m), with the producer expected to compete the final land investments over the next few months. |
Lehigh Cement Co LLC orders new plant31 July 2019, Published under Cement NewsKHD Humboldt Wedag Inc has signed a contract with Lehigh Cement Co LLC (HeidelbergCement) for the engineering, supply of equipment and structural steel and advisory services for the erection and commissioning of a cement plant in the USA. The order is reported to be for more than EUR100m. |
CG Cement plans new plant in Sri Lanka30 July 2019, Published under Cement NewsNepal’s CG Cement has announced plans to invest US$150m to set up a new plant in Mannar, Sri Lanka. According to Binod Chaudhary, owner of the company, it has already received approval for the project. "I have got the green light from the government and we have already identified several limestone deposits in the province to make cement locally," said Mr Chaudhary. "Currently Sri Lanka imports around US$350m worth of cement and clinker and I want to help stop this Forex drain." CG Cement r... |
PNG’s Mayur transformation29 July 2019, Published under Cement NewsMayur Resources recently announced plans for the construction of Papua New Guinea’s first integrated cement and quicklime plant. Located 25km north of Port Moresby, the country’s capital, the facility will support the government’s programme to add value to the nation’s vast mineral wealth. By Mayur Resources, Australia. Mayur Resources’ new cement plant will reduce Papua New Guinea’s dependence on imports and lower domestic cement prices, supporting infrastructure development in th... |
Mon State refuses to extend building permit for Myanmar-Korea Cement Group09 July 2019, Published under Cement NewsThe Myanmar-Korea Cement Group will not be granted permission to extend its permit to build a cement plant in Kyaikmaraw Township, Mon state, having only constructed 10 per cent of the plant, three years after the initial permit was awarded by the Myanmar Investment Commission (MIC). The decision was announced by U Aung Kyaw Thi, the representative of Mon State Parliament and chairman of the public budget scrutiny, finance planning and economics review committee. Myanmar-Korea Cement Group ... |
Raysut Cement establishes partnership for Somaliland plant04 July 2019, Published under Cement NewsOman’s Raysut Cement Co has established a partnership with MSG Group to set up a grinding unit in Somaliland, an autonomous region of Somalia. The 1Mta unit is expected to be constructed in Berbera, Somaliland, at an investment of around US$40m. Raysut reportedly has 55 per cent of the share capital of the project, according to Reuters. |