Cement News tagged under: New plant
Baturaja to part-finance new plant with bank loan24 November 2014, Published under Cement NewsIndonesia’s state-controlled cement producer PT Semen Baturaja plans to get IDR700-800bn (US$57.7-65.9m) in bank loans to finance its new IDR2.9tn plant in South Sumatra. The company intends to start construction of the 1.85Mta plant early next year with commissioning scheduled for 2018. In 9M14, Semen Baturaja posted sales of 853,089t and the company forecasts volumes of 1.31Mt for the year, up four per cent YoY. |
Lawyer defends Semen Indonesia's Rembang plant, Indonesia21 November 2014, Published under Cement NewsNoted lawyer Adnan Buyung Nasution, who is legally representing PT Semen Indonesia, is trying to bring together stakeholders to realise the construction of a cement plant in Rembang, Central Java. "We hope that those who rejected the planned construction of the cement plant will not regard the project as detrimental to residents or as bringing negative impacts, but look at it as a joint interest," the Jakarta Post quoted Adnan as saying. Adnan added that PT Semen Indonesia wanted to sit t... |
Shree Cement gets go-ahead for Bihar plant, India20 November 2014, Published under Cement NewsThe state government of Bihar has approved Shree Cement’s plans for a new cement plant in the Aurangabad district. Informing about the Cabinet decision, B Pradhan, Principal Secretary of the Cabinet Secretariat told reporters: “The company had proposed to set up a cement plant with a production capacity of 20 lakh metric tonnes per annum [2Mta]. It will also have a 12MW biomass based captive power plant." |
Bolivia: Potosi plant ruled out17 November 2014, Published under Cement NewsBolivia’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. |
JSW Group seeks to set up new Karnataka unit15 October 2014, Published under Cement NewsJSW Group, is planning to set up a 3Mta clinker plant at Chittapur in Gulbarga district, in Karnataka state. The company is in the process of seeking statutory approvals to undertake exploratory drilling at a limestone deposit in Gulbarga. "Gulbarga project is still in preliminary stages and we have approached the ministry of environment and forests (MoEF) for permissions. It will take at least two to three years to materialise," Pankaj Kulkarni, director of JSW Cement Ltd told Business St... |
Semen Indonesia set to acquire land for new Papua plant13 October 2014, Published under Cement NewsPT Semen Indonesia will soon acquire 500ha of land in West Papua for the construction of a cement plant at a cost of around US$150m. Semen Indonesia corporate secretary Agung Wiharto told the Jakarta Post that the firm would sign a memorandum of understanding (MoU) later this year to procure the land for the first cement factory in the province. "For a capacity of around 1Mta, we might need around 500ha," Agung said. Construction of the new plant is expected to begin in 2015. The new plant... |
Chinese companies ink Indonesian plant agreement26 September 2014, Published under Cement NewsTwo Chinese companies signed an agreement on Thursday to jointly invest in an Indonesian cement factory as part of investment cooperation measures agreed by the two countries in 2013. State Development and Investment Corp (SDIC) and Anhui Conch Cement Company (Conch) will fund the project of building production lines and relevant facilities of the factory located in West Papua Province. After the construction is completed, the factory will have a capacity of 3Mta, serving for Indonesia'... |
JSW seeks to expand southern Indian presence23 September 2014, Published under Cement NewsJSW Cement, a subsidiary of the JSW Group, is mulling the construction of a 4.3Mta cement plant in the Gulbarga district of Karnataka, reports Business Line (India). The project is being considered with a view to serving other southern markets such as Andhra Pradesh and Telangana, according to SS Sandhu, JSW Cement vice president. Well connected markets like Gujarat and Maharashtra have also fuelled the decision to launch another plant, Sandhu added. The company has a current cement capac... |
Semen Indonesia eyes Papua plant construction17 September 2014, Published under Cement NewsPT Semen Indonesia is considering the possibility of constructing a cement plant in Papua to meet demand potential in the country’s eastern-most province and reduce distribution and logistic costs. Dwi Soetjipto, Semen Indonesia president director, told local press that the plant would either be located in Jayapura or Manokwari, the two largest cities in proximity to a limestone quarry. "We hope the study can conclude soon so that we can include the investment needed for the plant in o... |
Cimentos Tupi to build new plant in Paraná state05 September 2014, Published under Cement NewsBrazilian producer Cimentos Tupi is to invest BRL915m (US$408m) in a new factory in Adrianópolis, Paraná state. According to local news reports, the plant will have a capacity of 1.5Mta. Cimentos Tupi executives signed a letter of intent with the state government of Paraná yesterday. The new investment will be the company’s first cement facility to be located in the south. (Source: Revista Amanhnã). |