Cement News tagged under: New plant
Indian interest in Congo plant investment21 January 2015, Published under Cement NewsThe 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... |
Fitch affirms Pacasmayo's ratings; outlook stable19 January 2015, Published under Cement NewsFitch Ratings has affirmed the following ratings for Cementos Pacasmayo SAA): • Foreign currency Issuer Default Rating (IDR) at 'BBB-'; • Local currency IDR at 'BBB-'; • Senior unsecured US$300m notes due 2023 at 'BBB-'. The Rating Outlook is Stable. Key rating's drivers Solid business position Fitch said the ratings reflects Pacasmayo's solid business position, as the only cement producer in Peru's northern region which has resulted in high margins, low leverage and solid liquidi... |
Tajikistan to add further capacity over 2015-1615 January 2015, Published under Cement NewsTajikistan’s Ministry of Industry and New Technologies has said that six new cement plants will be put into operation in Tajikistan in 2015 and 2016, according to reports by Avesta news agency. Tajik-Chinese joint venture Tajchina has already started construction of a 1.2Mta cement plant, the report stated. Morever, new cement plants will also be built in Dangara, Bobojon Gafurov, and Isfara districts, as well as in Istiklol city. Another cement plant, with a capacity of 1Mta, will be const... |
New Guinea-Bissau grinding plant seeks IFC loan12 January 2015, Published under Cement NewsHeidelbergCement subsidiary Scancem, in partnership with Maxime Cardoz, a private investor from Senegal, has applied to the IFC for a loan of EUR11m to help finance Guinea-Bissau's first grinding plant. The Cardoz Cimentos de Bissau project, which is 60 per cent owned by Cardoz and 40 per cent by Scancem, would be located 1.5km from the port of Bissau, a plant location in an area which currently absorbs 50 per cent of the country's cement consumption. The project has an estimated cost of ... |
Greenfield plant in Turkmenistan announced29 December 2014, Published under Cement NewsTurkmenistan plans to build a 1Mta cement plant in the Koytendag region of the Lebap province, the country's industry ministry has said. The plan comes under the 'Program for Development of Construction and Industrial Sectors in 2012-16,' which is designed for the diversification and modernisation of the building materials infrastructure. The Koytendag region has rich reserves of raw materials and railway infrastructure has been established, which will allow for increased export opport... |
Colombia: FLSmidth to supply 2800tpd Cemex line23 December 2014, Published under Cement NewsFLSmidth has been awarded the contract to supply a 2800tpd cement line for Cemex’s new Cementera del Magdalena Media cement plant in Antioquia, Colombia. The contract includes the engineering, project management and commissioning as well as all key production equipment, including an FRM mill for raw grinding, an ATOX coal mill, a five-stage ILC preheater with a low-NOx calciner, an FLSmidth Cross-Bar cooler and a two-pier kiln. In addition, Pfister weighing and dosing systems, MAAG gear re... |
Nepal: Sarbottam Cement launches commercial operations16 December 2014, Published under Cement NewsSarbottam Cement, a newcomer to the Nepalese cement industry, has started commercial operations from its new greenfield plant. The project is promoted by local company Saurabh Group while a foreign investor holds a 45 per cent stake. The Sarbottam Cement plant will have the capacity to produce 400,000t of clinker in the first stage, and then 1Mt in the future, according to the company's website. The new cement facility is also equipped with its own power plant. |
Atrus halts Russian plant construction12 December 2014, Published under Cement NewsAustrian company Atrus Cement Holding AG has halted the construction of a cement plant in Krasnodar territory indefinitely, a source familiar with the situation told Interfax. The source said that the project had been temporarily put on hold due to a lack of funds to finance the construction. Atrus Cement Holding AG was planning to build a 2.1Mta cement plant in the Crimean district of Krasnodar, the district administration previously told Interfax. The project was expected to cost over RU... |
Semen Indonesia seeks loan for Aceh plant construction09 December 2014, Published under Cement NewsPT Semen Indonesia is seeking loans worth IDR2.2-3.1trn (US$178m-251m) to build a new cement factory in Aceh province, at the northern end of Sumatra, Kontan newspaper reported citing Finance Director Ahyanizzaman. The new facility is expected to have a capacity of around 3Mta to meet increasing consumption in Aceh, Medan, Dumai and Riau. Construction is slated to begin in the first half of 2015. |
Bolivia: FLSmidth to supply new Soboce plant25 November 2014, Published under Cement NewsFLSmidth has signed a contract with Sociedad Boliviana de Cemento SA (SOBOCE) for the supply of equipment and machinery for a cement plant in Bolivia. The cost of the project is estimated at US$180m and will include the construction of a 0.8Mta cement plant in Yacuses, Puerto Suarez, that is expected to be fuelled by natural gas. Álvaro Andrade, national project manager, and Felix Salek, regional manager SOBOCE, indicated that during the construction phase up to 600 people for the developme... |