Cement News tagged under: New projects

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FLSmidth wins orders for Cimpor projects in Brazil

30 April 2012, Published under Cement News

FLSmidth has received contracts to provide two major cement projects for Cimpor in Brazil. The expansion plans include a brand new production unit in northwestern Brazil (the Caxitu project) and a new production line at Cimpor’s existing Cezarina plant in central-western Brazil. When commissioned in 2013, the two projects will form an essential part of  Cimpor Cimentos do Brasil’s current 2.3Mta expansion programme. They will help to support Brazil’s growing economy and development of infra...

Bangladesh: Seven Rings Cement to double production capacity

23 April 2012, Published under Cement News

Seven Circle (BD) Ltd, one of the fastest-growing cement companies of the country, will double its production capacity to 3.3Mta by the end of 2014. "We have now the capacity of 1.7Mta and the expansion drive of our company was taken in view of the rising demand of cement," Asadul Haque Sufyani, general manager (Marketing) of Seven Circle (BD) Ltd, told The Financial Express in an interview recently. "Consumption of cement, one of the key backward linkages of the construction and real e...

Athi River Mining: East Africa expansion

02 April 2012, Published under Cement News

Kenya-based cement producer Athi River Mining (ARM) earlier this week reported a significant rise in 2011 cement sales on the back of new domestic cement capacity. The company is now nearing completion of the first of three projects in the Tanzanian market and has secured additional funds for expansion as it seeks to harness increasing demand in the promising East Africa region. I n 2011, group turnover rose 37% YoY to KES8.2bn (US$99m) as cement sales increased 72%. This was helped by “t...

Indocement sales advance, further growth ahead, Indonesia

21 March 2012, Published under Cement News

PT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, said on Tuesday cement sales rose 15 per cent in 2011 and forecasts a strong rise in infrastructure projects supported by the government’s recently-passed land clearing law. Domestic sales volumes by Indocement rose 20.2 per cent as the Indonesian construction sector has been benefiting from lively activity, particularly in the residential and high-rise construction sector, noted HeidelbergCement. As a result of lower stro...

Lafarge to expand Indian operations

21 March 2012, Published under Cement News

Lafarge is expanding its operations in India but says it will do so organically and isn't considering any acquisitions at present, Chairman Bruno Lafont said Tuesday. "We will continue to grow, mostly through internal growth and by expanding our existing cement plants and growing through several greenfield plants," Lafont told reporters on the sidelines of an event. He said the company will continue with its program to increase production capacity in India by 2Mta but no completion da...

Ambuja Cements investment update, India

16 March 2012, Published under Cement News

Ambuja Cements, part of the Holcim Group, plans to invest INR18bn (US$358m) by December 2013 to increase capacity. The investment will be funded through internal accruals. As of the quarter ended December 31, the company had a cash surplus of INR77bn, India Investment News reports. The Indian cement major plans to establish a 2.2Mta clinker plant at Naguar in Rajasthan, for which a feasibility study has been completed and environmental clearance obtained. Ambuja Cement has also initiat...

HeidelbergCement lifts revenues, raises savings target

16 March 2012, Published under Cement News

German cement major HeidelbergCement has reported a rise in revenues in 2011 driven significantly by its exposure to attractive growth markets, continuing recovery in most group markets and successful implementation of its “FOX 2013” improvement programme. “The year 2011 was a further consistent step towards reaching our strategic goals”, says Dr. Bernd Scheifele, Chairman of the Managing Board of HeidelbergCement. “We increased revenue and results despite the unexpectedly heavy rise in e...

Venezuela to increase cement output

07 March 2012, Published under Cement News

Venezuela is expected to produce 8.3Mt of cement in 2012 from 7.7Mt last year, to help boost the development of the country’s infrastructure as well as support the government’s Grand Housing Mission, Raul Pacheco, the country’s Vice Minister of Productivity Management, has said. El Universal reports that among new capacity additions, the Cerro Azul cement plant is to start operations in 2012, according to Vice Minister of Productivity Management. The plant is located in El Pinto sector, P...

Emerging markets continue to drive Holcim sales

29 February 2012, Published under Cement News

Holcim's consolidated sales for 2011 fell 4.2% on the previous year to CHF20.7bn (US$23.1bn), although the company says that on a like-for-like basis it saw a +7.5% increase in revenues. Due to cash-neutral impairments totaling CHF775m, net income was down 57.9 per cent to CHF682m. While operating EBITDA decreased 12.3 per cent, on a like-for-like basis it remained virtually stable at minus 0.2 per cent.  In many markets, Holcim said increased costs due to inflation, especially for raw ma...