Cement News tagged under: New projects
Ramco Cements to spend INR8.5bn on plant expansion27 November 2018, Published under Cement NewsIndia’s Ramco Cements is investing INR8.5bn (US$120m) to increase capacity at its facility in Jayanthipuram, Andhra Pradesh, by 1.5Mta and construct a 27MW WHR system. The project is part of an overall expansion plan for the company. "Currently, we have cement grinding capacity of 16.5Mta, which we plan to take to 20Mta by March 2020," said A V Dharmakrishnan, CEO of Ramco Cements. The plan would see its Kolaghat, Visakhapatnam and Odisha grinding units each expanded by nearly 1Mta, accord... |
India’s changing trajectory07 November 2018, Published under Cement NewsAfter a period of abnormally-high growth, India’s cement sector has begun to moderate and return to normal levels. Meanwhile, rising fuel and power costs have impacted the profitability of the major producers. Furthermore, the country’s capacity utilisation is at risk as new investments may push the supply-demand imbalance further. Mumbai is expected to benefit from several large-scale infrastructure projects, including a US$2.4bn airport and a new INR180bn Trans-Harbour Link bridg... |
Ready to serve08 January 2018, Published under Cement NewsAfrica leads the charge for recently-commissioned cement plants. Although orders may be down on previous years, there is a more diverse geographical spread of newly-completed cement facilities and ICR highlights some of the most noteworthy in this report and takes a brief look at what is in stall for the year ahead. Africa has attracted much of the cement industry’s investment. Pictured: PPC opened its US$85m Harare grinding plant While global cement demand in 2017-18 is expecte... |
New projects to take total Ugandan output to 6.8Mta08 January 2018, Published under Cement NewsA number of projects in Uganda are expected to commence operation this year, taking total cement production to 6.8Mta from 3.6Mta, reports Ugandan newspaper The Independent. Hima Cement’s new 1Mta facility in Tororo is expected to open in 1Q18 and will take the company’s overall capacity to 1.8Mta. Meanwhile, Tororo Cement is awaiting a capacity increase to 3Mta from 1.9Mta through a plant expansion. National Cement is also investing US$185m on a 1Mta plant in the same region, which is ex... |
Ramco Cements to increase grinding capacity08 August 2017, Published under Cement NewsIndia-based Ramco Cements has embarked on an investment project to increase its grinding capacity in West Bengal and set up a new facility in Odisha. “We are doubling the capacity of grinding units in Vizag and Kolaghat (West Bengal) from 0.9Mta to 2Mta each, AV Dharmakrishnan, CEO, Ramco Cements told the business section of the Hindu (India). “Besides, we are setting up a new unit in Odisha of 0.9Mta,” he added. The proposed expansion will be completed in 18 months and the cost will me... |
Potential impacts of Pakistan capacity build27 July 2017, Published under Cement NewsPakistan cement producers have embarked on an ambitious expansion phase but could this fast-paced capacity build up be leading to a potential supply glut and a reduction in company margins? All the industry's major players are undertaking new investment projects and some 32Mta of capacity is due to come online in the next 5-6 years. This has led one local research house to warn that following tremendous valuation expansion in the last three years, risks are now becoming more prominent in ... |
KHD signs contracts in western sub-Sahara region25 July 2017, Published under Cement NewsHumboldt Wedag GmbH, Germany, a subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne, Germany, has signed contracts totaling over EUR80m for the supply of equipment and execution of civil and erection works as well as supervision services for a cement plant in western sub-Sahara region. The contracts will be booked as order intake as soon as the pre-conditions for commencing project execution are fulfilled, the company said in a statement. |
BOI seeks further industry investments21 June 2017, Published under Cement NewsThe Philippine Board of Investments (BOI) is seeking investment in the cement sector as it expects demand to hit 40Mta by 2020 due to a peak in government infrastructure spending. To prevent a supply shortfall, the Department of Trade and Industry (DTI) is starting preparation to ensure that construction materials are sufficient to support the government’s massive “Build, Build, Build” programme and the PHP10bn reconstruction budget for Marawi City. Last year, domestic cement consump... |
Wonder Cement looks to lift capacity to 11Mta18 May 2017, Published under Cement NewsWonder Cement plans to set up three units in the Indian states of Maharashtra, Madhya Pradesh and Haryana to increase its total cement capacity to 11Mta over the next three years. "We have 5.2Mta of installed capacity and hope to increase to 11Mta by 2020," JC Toshniwal, managing director of Wonder Cement, said. He further added that the company is expected to receive environmental clearance for a 2Mta grinding unit in Dhule, Maharashtra, next month and production is expected to commence b... |
Côte d'Ivoire: Anyama grinding unit nears completion06 December 2016, Published under Cement NewsOumar Tembely, the director and resident head of mission of the West African Development Bank (BOAD) in Côte d'Ivoire, led a delegation on Saturday to see the progress being made in its investment of Diamond Cement's new grinding station, located 40km from Abidjan, on the road leading to Adzopé. The construction of the Anyama plant started in January 2015. Currently, the rate of completion of work is estimated at 85 per cent. The end of the construction, which currently employs around 2... |