Cement News tagged under: Sinoma
Yu Shiliang announced as new Sinoma chairman, Chairman06 September 2012, Published under Cement NewsFollowing the sudden death of Sinoma chairman Tan Zhongming on Sunday, the company has announced that vice chairman Yu Shiliang will succeed him as chair. Tan, who was in his late 50s, reportedly died of a heart attack while in France for a company roadshow. However, a statement by Sinoma said that he passed away “due to illness.” The state-owned company is one of China's five biggest cement producers. Tan was also a director of Sinoma's Shanghai-listed subsidiary, Sinoma International... |
Southern Province Cements signs contract with Sinoma for Line No 331 May 2012, Published under Cement NewsSouthern Province Cement (SPC) and Chinese engineering company Sinoma have signed a SAR707m (US$188m) contract for the installation of a third new line at SPC’s plant in Tuhama. In a filing to the Saudi bourse, the cement producer said the contract will be executed over 24 months and once completed, the new line will have a capacity of 5000tpd. SPC said it will use its own funds to finance the project. In early March, the company announced that its second production line at Tuhama sta... |
Sinoma completes biggest cement factory in sub-Saharan Africa13 February 2012, Published under Cement NewsSinoma has completed a 6Mta cement plant in Nigeria for Dangote Cement Group. The US$1.6bn plant was formally unveiled on Thursday evening by Nigerian President Goodluck Jonathan at Ibese in southwest Nigeria's Ogun State. Aliko Dangote, chairman of the Dangote Group, said the new plant would generate 7000 direct jobs and many indirect jobs, noting that the Ibese plant is the biggest cement factory in sub-Saharan Africa. "With the commissioning and full operation of the plant, Nigeria wi... |
Iraq – open for business22 November 2011, Published under Cement NewsLast September, a delegation of senior ministers from Iraq’s government convened in London for the first Iraq Mining conference. The message they wanted to convey was that Iraq, after decades of war and uncertainty, is now ready for business. The economy is open to foreign investors, security has improved, and the opportunity is there for those who wish to seize it. In this exclusive report, ICR examines the potential for the cement sector in Iraq. Iraq has experienced unimaginable t... |